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From De Re Metallica by Georgius Agricola (translated by Herbert Hoover), published by Dover Publications. Reprinted with permission of Dover Publications.

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   INVENTEO

 
   INVENTEO : The metal accounting integrated solution   
Watch the INVENTEO Powerpoint presentation
Metal accounting integrated solution

From daily process management to company strategy

  • The Inventeo solution improves process monitoring by making all the collected data and measurements coherent.
  • During periodic evaluations, Inventeo precisely determines the average performance of the process over the period.
  • Inventeo offers the tools and procedures to audit the process with an objective of continuous improvement. It calculates detailed, instantaneous performances within the framework of an optimization project, according to company strategic planning.
  • Inventeo is process oriented and may be applied at various levels, from one piece of equipment to the whole logistics chain.

From production management to management control

  • Inventeo validates the quantity and quality of all the material streams managed in the company: products, raw materials, utilities, reagents, effluents. It converts them into "value streams" to inform the management control.
  • Inventeo allows a more frequent evaluation of stocks by calculating, at lower cost, an accurate inventory. In the same way, it provides in-process qualitative and quantitative material evaluations.
  • Financial calculation help to refine the accounting process. Inventeo accommodates Sarbanes-Oxley regulations.

 

Inventeo applications

Industries processing raw materials: mineral, agricultural, recycling.

More generally, it relates to all industries handling variable material.

 

Environmental protection

Inventeo favors respect of the International Finance Corporation clauses of the Environmental, Health and Safety (EHS) General Guidelines.

INVENTEO: The metal accounting integrated solution

Main characteristics of the Inventeo solution

Inventeo can be embedded into the existing management and supervision systems. It supports information flow between the management and production teams by automated data communications and processing and customized reporting.

The core of Inventeo is data reconciliation by material balancing, generating accurate and coherent data from naturally inaccurate and thus incoherent measurements. Calculation is carried out by a widely proven algorithm.

Inventeo generates reports for the various company functional divisions: direction, production, accounting, management control.

Inventeo implements a modular data processing system, collaborating with the existing systems without disturbing them. While largely based on standard components, it utilizes trade components specific to your industry.

Inventeo also incorporates a set of specific and rigorous procedures ensuring the quality of the results. These procedures relate mainly to sampling and measurement, but also to the performances and indicator calculation methods.

Inventeo complies with the guidelines of the AMIRA P754 project for metallurgical accounting.

Download the INVENTEO Product Sheet in PDF format
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