Streamline financial consolidation

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Mining companies often face a complex, time-consuming month-end close process - especially when multiple entities within a company need to be consolidated for reporting and compliance.

For over 20 years DXC Technology has worked with mining and resources organisations to assess and implement advanced IT and Operational Technology (OT) solutions to empower them to become safer, smarter, and more sustainable.

With extensive experience delivering Enterprise Performance Management (EPM) solutions, our teams of industry experts and technology engineers understand how to streamline and automate processes, to transform financial and regulatory reporting.

Financial consolidation challenges

Manual processes and systems fragmentation. Relying on legacy systems, spreadsheets and manual workflows can lead to errors and longer close cycles due to fragmented data sources and lack of system integration.

Complex legal and ownership structures. Joint ventures for asset management, special purpose entities, and frequent M&A activities increase the complexity of manual consolidation adjustments and heighten the risk of misstatements due to erroneous intercompany eliminations.

Multi-country and multi-currency operations. Mining operations can span multiple countries, each with its own local tax, accounting, and regulatory requirements, which necessitates complex currency translation and consolidation logic to be applied often through dual-reporting systems, impacting balance sheets and P&L.

Extensive intercompany transactions and eliminations. Mining companies have multiple entities involved in exploration, mining, processing, and sales, which in turn create extensive intercompany transactions, leading to error prone eliminations, delays in close and higher audit risks due to manual reconciliation efforts.

Key person dependencies. Geographically distributed finance teams, reliance on key individuals with institutional knowledge and recruitment challenges can lead to risk of delays and errors when key staff are absent or leave.

Tight reporting timelines and demanding stakeholders. Pressure for timely reporting and regulatory compliance, coupled with global operations and time zone differences impede coordination of accurate, and auditable results and hinders strategic decision-making.

How DXC can help

DXC helps mining organisations modernise financial management with Oracle Enterprise Performance Management (EPM) Cloud. Leveraging industry-specific Accelerator Templates, DXC enables faster, more accurate financial consolidation, planning and forecasting—reducing reliance on manual spreadsheets and improving visibility across operations. With integrated dashboards and scenario modelling, mining companies gain deeper insights into cost drivers and can make more informed, timely decisions to support long-term financial sustainability.

As the #1 Oracle Managed Service Provider in the region, DXC brings decades of industry experience and a team of more than 650 certified Oracle engineers to deliver innovative, market-leading solutions. Our deep expertise in Oracle EPM enables mining organisations to accelerate transformation, improve financial control, and drive operational efficiency.

By implementing Oracle EPM, DXC supports mining companies to:

Establish a unified, cloud-based platform for managing financial close and consolidation
Seamlessly integrate financial and operational data from ERP and other systems
Automate manual processes with built-in workflows, reducing effort and risk
Handle complex consolidation scenarios, including joint ventures and partial ownership
Deliver real-time dashboards and narrative reporting for executive decision-making
Enable agile planning and forecasting through powerful scenario modelling
Adapt quickly to changes in organisational structure or market conditions

With DXC’s mining-specific knowledge and proven delivery frameworks, we ensure faster time to value and long-term success for your EPM investment.

Customer Stories

Leading Australian energy supplier customer story

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Finance planning and reporting transformation journey for Tronox

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DXC Mining

DXC delivers technology solutions to mining organisations all around the world.

Mining industry expertise combined with the latest technical skills
Around-the-world delivery teams across multiple mining regions
End-to-end IT services to support all mining operations and corporate services
Mining Innovation Centre brining the latest thinking to solve industry challenges

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David J. Gollan

Leader – DXC Mining Innovation Centre

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Rick Cooper

EPM Delivery & Solution Director

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Streamline financial consolidation

Financial consolidation challenges

How DXC can help

Customer Stories

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