Boosting group reporting efficiency at Golden Star Resources
Founded in 1984, Golden Star Resources is a gold mining company registered in Canada, with its corporate office in London and mine operations in Ghana, West Africa. Golden Star is listed on the Toronto Stock Exchange, the New York Stock Exchange and the Ghanaian Stock Exchange. As of 2021, it has produced 155koz of gold.
Golden Star Resources required a Corporate Performance Management (CPM) system that would enable them to move away from the myriad of separate systems and supporting spreadsheets to a more robust, reliable and interactive system. The new solution needed to enable the team to improve efficiency and effectiveness of their group reporting and planning.
Key benefits:
- Streamlined financial reporting process.
- Improved data integration and validation.
- Confidence in numbers.
- 'Single version of the truth’.
The results:
"Concentric exceeded our expectations in every way. They provided sound guidance and were knowledgeable about the system and wider accounting processes. They delivered on-time, within budget and were a joy to work with throughout the project."
- Hardus Engelbrecht, VP Finance, Golden Star Resources