Flexibility, integration and remote access are the cornerstones of the Greentree business management
solution making it a competitive choice for the mining industry. Gallery Gold’s business focus was
changing from being an exploration company to becoming a gold producer, and the final catalyst was
a company merger which bought about the need for better accounting and business management.
“We heard of Greentree from a colleague in the mining industry. It appealed as it’s a more modern and flexible system than anything offered by the opposition. With Greentree, we are able to use the existing modules and tailor them to our processes.”
Gallery Gold Limited is a publicly listed mining and exploration company with a head offi ce in Perth and fi eld offi ces in Botswana and Tanzania. It acquired highly prospective Tanzanian tenements in a merger with junior explorer Spinifex Gold Limited, then commenced gold production at its Mupane project in Botswana, and has a number of exploration programs for gold, nickel, platinum, copper and diamonds.
Fully integrated
Following the acquisition Stephen Hills, Chief
Financial Officer, chose Greentree to replace their disparate
systems in Australia and Africa. “We wanted a single accounting
platform. As our business develops, we require more
accountability. With Greentree, we have a fully integrated system
that handles our multiple foreign currencies and consolidation
requirements and also provides a strong maintenance system.”
Following a review they concluded that there were no specific packages for their mining requirements,
so instead they looked closely at three packages some of which were used by mining companies. “We
heard of Greentree through ‘word of mouth’ from a colleague in the mining industry. Greentree
appealed as a more modern and flexible system than the opposition. With Greentree, we are able to
use the existing modules and tailor them to our processes. There is not a huge amount of customisation
required; we are able to use the modules to fit our purpose. We have the capacity
and functionality in Greentree to run our business effectively.”
Stephen
continues, “Unlike some products we looked at, we know that if we
need to add new companies or structures to our business, or even
recreate the chart of accounts, Greentree will be flexible enough to
allow us to do so.”
Proven industry experience
The Greentree Business Partner has provided Gallery Gold with a
modern, robust business management solution. The team has extensive
international mining experience and the Managing Director has played a
significant role in the development of large scale mining, and oil & gas projects in the Artic,
Western Siberia, and Africa where local technical support and knowledge was often non-existent.
Acknowledging the fact, Stephen says, “We have received a good level of support from the business
partner. It is a bonus that they have direct mining experience as they really understand our gold mining
operation.”
The implementation timeframe was driven by Gallery Gold’s existing projects. For its Botswana exploration program Gallery Gold expanded the locally-based workforce by recruiting and training up to 350 employees for the Mupane project. The Greentree support team enabled them to
manage the new staff and training with a staged roll-out. “The implementation was pretty smooth,
especially as we had to move all our data from many different systems into Greentree. All the budgets
and data were easily brought across using an Excel import. It worked well.” He continues, “We are not
fully utilising the system yet, but our teams in Australia and
Botswana were able to access Greentree from day one to get at
the information.”
“The implementation was pretty smooth, especially as we had to move all our data from many different systems into Greentree. All the budgets and data were easily brought across using an Excel import. It worked well, our teams in Australia and Botswana were able to access Greentree from day one to get at the information.”
Remote Control
Greentree is completely on-line with a single point of data entry
updating all relevant areas instantaneously. “The beauty of
running everything off one system is that we can all look at it at any one time, whether we are in
Australia or Africa, and have live access to the information we need.”
Remote users can easily
connect to Greentree via a local area network, dial-up line, Intranet or over the Internet, providing
cost-effective on-line access. Stephen continues, “The remoteness of Gallery’s offices had the most
impact on the roll-out but the remote support works well. The team can solve any issues that arise
remotely, which means limited disruption to the day to day business.”
A multi-company consolidation and job maintenance for their international mining activities were
prerequisites. The unique “Transaction Tree” feature of Greentree provides excellent analysis
capabilities for the complex statutory and management reporting needs of mining and exploration
companies, where a single system needs to report on areas from exploration tenement tracking,
mining/processing department analysis, through to complex multi-currency, multi-company and multinational
situations.
Multi-currency handling
“It’s vital to have the ability to handle different currencies
with Greentree’s multi-currency functions. The others we looked at
were not integrated and some were just stand alone in the maintenance
area. We wanted one product that was fully integrated, Greentree
provides this.” Stephen continues, “It is hard to pin-point all the key
areas of Greentree. We just like the overall functionality it provides.
Our team feel it is very intuitive, easy to use and they like the look of
the screens. As we recruit, Greentree is easy for our new people to
become involved with.”
Paving the way for growth
The Mupane project, the Gallery-Spinifex merger and Greentree have
all paved the way for potential growth of Gallery Gold into a significant African
mineral producer. “Greentree has enabled us to meet our expansion goals as gold producers. It’s met
all our current accounting requirements, and we are equipped to handle our future. Now it’s just a case
of getting the most from it.” Stephen concludes, “Greentree gives us a flexible system now, but also it
has the ability to grow with our requirements. The structure of our business will continue to evolve
and change and Greentree is capable of adapting to these needs.”
About Gallery Gold Limited
Gallery Gold Limited is a publicly listed mining and exploration company with a head offi ce in Perth and fi eld offi ces in Botswana and Tanzania. Gallery Gold undertakes gold production at the Mupane project in Botswana, and has advanced exploration programs for gold, nickel, platinum, copper and diamonds.
For more information about Gallery Gold visit: www.iamgold.com
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