The importance of digital technologies to transform the mining industry is increasingly recognized as organizations explore solutions to improve operational performance and risk management. Mining companies are increasing their investment in automation and technological innovation, embracing new opportunities to improve productivity. Integrated Business Planning strategies bring this investment together in a unified view, providing companies the tools to revolutionize how they operate.
Forward looking Mining operators have invested in significantly improving their Business Planning and Analysis functions across their diversified operations. An Integrated Business Planning Platform integrates planning across multiple time horizons, setting targets driven by strategy at an activity level, bridging mining operations and finance together.
The goal for any mining organization is to rebalance the effort within the system to spend less time on data collection and have more time available for sensitivity analysis, scenario planning and improved resource allocation and prioritization. The reporting and analysis typically done in siloed software and solutions, limits the integration, standardization, user access and governance.
Join KPMG, Dundee Precious Metals, and Board International to discover how mining companies are using digital technologies and specifically how one Canadian mining innovator is taking a holistic approach to transforming their Business Planning and Analysis to allow more reliable forecasting processes, unifying data from multiple sources and visualizing this information with interactive reports and dashboards to optimize planning, performance monitoring and decision making.
Key Learning Objectives:
- How digital technologies are being used by mining companies today
- How to increase collaboration between Finance, Operations, and IT Operations to achieve great results
- How Finance, Operations, and IT Operations achieve visibility of performance through data collection and processing
- How improved operating processes and procedures lead to better planning, performance monitoring and decision making
KPMG Canada and Board International: Opening Remarks
KPMG Canada: Digitization in Mining
Board International: An Integrated Platform
Dundee Precious Metals Inc.: The Financial Transformation Journey
Wrap-up and Questions & Answers
Executive Vice President & Chief Financial Officer - Dundee Precious Metals Inc.
Hume Kyle is a Chartered Accountant and Chartered Financial Analyst and holds a Bachelor of Arts degree in economics and accounting from the University of Western Ontario and a Graduate Diploma in accounting from McGill University. Mr. Kyle has over 25 years of private sector and public accounting experience, bringing a broad range of financial expertise and business experience to DPM, including strategic planning, mergers and acquisitions, financial planning and reporting, taxation, treasury, risk management and corporate communications. Mr. Kyle was appointed Executive Vice President and Chief Financial Officer in June 2011.
CPA, CA, Partner, Toronto Mining Leader - KPMG in Canada
Heather is a Partner in KPMG’s Canadian Mining practice and is the Toronto Mining Industry Leader. Heather has specialized in the industry for over 15 years and has an in depth understanding of the risks and challenges faced by mining companies. She has significant experience providing advisory and assurance services companies at all stages in the mining life cycle, including internal and external audit, risk and control services and accounting and transaction assistance. Over the course of her career, Heather has visited over twenty mine sites on six continents. Heather is also Board Treasurer for Women in Mining Canada.
National Lead Partner – EPM Management Consulting, Advisory Services - KPMG in Canada
Erik Woods is the National Enterprise Performance Management (EPM) Partner and active implementation consultant. Erik has established himself as a thought leader for financial systems solution delivery, marrying his finance and technology backgrounds to help create successful EPM Projects for his many clients. He has over 25 years in the EPM, Business Intelligence (BI) and Enterprise Resource Planning (ERP) space. Erik has had many titles including: solution consultant, technical account manager, sales representative, product manager and marketing director giving him a unique perspective that he leverages in all of his client facing projects and partner relationships.
Director, Business Systems - Dundee Precious Metals Inc.
Anna is the Director, Business Systems at Dundee Precious Metals where she currently leads the redesign of DPM’s business planning system, leveraging enabling technologies to drive integrated company-wide business planning that aligns with strategy, and enhanced performance reporting and analytics. With over 15 years of business performance and system design experience, Anna’s leadership experience encompasses systems design and implementation, internal audit, and finance in the pharmaceutical and mining sectors. Anna has an open and collaborative leadership style, and she believes in the ‘collective’ for inclusion & higher quality performance.
Managing Director, Canada - Board International
Taj brings over 20 years of progressive IT, Finance, & Operations experience, including holding Senior leadership roles in both private and public sectors. Taj has an extensive background in EPM, ERP, & Analytics. Taj has continuously delivered process and performance efficiency and excellence for his clients and key stakeholders by utilizing a consultative and collaborative approach that strategically aligns key technology sets with their Digital and Financial Transformation projects.