Solutions for the Natural Resource Sector
- Mining development
- Mining operations
- Forestry development
- Forestry operations
Natural Resource - Industry Sector
Mining and Forestry
The Natural Resource sector incorporates businesses involved in identifying, developing, producing and marketing a variety of natural resources. Quorum currently focuses on the mining and forestry segments of this sector, working with project developers and facility operators.
Natural Resource Processes and Systems
Processes and systems for natural resource operators to efficiently manage operations and commercial activities are critical to success. Key elements include:
- Project development management, including workflow automation and tracking for prospecting
- Capital budget management with financial controls, including approval process (AFE) and allocate approved funds to projects
- Prospecting, acquisition and maintenance of leases and landholdings
- Landowner and lease management including GIS for mapping
- Royalty management
- Financial accounting (GL, AP, AR)
- Reporting and business intelligence, executive dashboard, regulatory reports, lease operating statements (LOS), payouts, etc., with support for analysis, strategic planning, opportunity identification, reporting, decision-making and risk mitigation
Natural Resource Software Solutions
Quorum is experienced in working with natural resource companies to design, implement and support sustainable, scalable information technology solutions to manage business activities efficiently and cost effectively. We have been able to accelerate introduction of solutions into this sector by carefully understanding specific requirements and then identifying underlying business processes and functions that are common with other energy sectors. In addition to consulting services, we provide a full range of software solutions specific to the Natural Resources sector, including:
