Production and yield accounting
Visual MESA Production Accounting (VM-PA) software ensures operational excellence in production and yield accounting. Capturing all necessary information for the calculation of inventories and material movements in a given period, VM-PA is a must-have tool for mass loss detection in complex industrial environments.
Why choose our VM-PA software?
VM-PA generates mathematical reconciliation models to detect losses, custody transfer errors and data input errors in support of mass loss detection leading practices. An advanced web-based, user-friendly environment enables flexible reporting and simplified sharing and collaboration. The software robustly integrates with plant and enterprise IT systems. VM-PA facilitates best practice work processes by providing an accurate view of operations and actionable results for maintenance, loss minimization and accounting practices.
Our products and services
VM-PA software can model both the process side as well as the utilities side. It can include the entire supply chain inventories and all material movements, as well as pipelines.
VM-PA serves as a:
- Productivity tool to log activities, while providing early error detection when reporting movements and inventories
- Central data repository where inventories and movements are calculated, distributed, traced, stored and checked using a rigorous model of the entire plan
- Data preparation tool for data reconciliation and analysis
- Mass balance reconciliation tool, both overall and by components
- Gross error and mass loss detection analysis tool
RELATED CASE STUDY
Production accounting: Mass balance and data reconciliation
ANCAP, the national oil company of Uruguay, approached KBC as they were looking to replace their obsolete production accounting systems. The new system would need to cover ANCAP’s hydrocarbon business consisting of a crude oil reception terminal with a total capacity of 536,000 m3, an oil refinery with a capacity of 50,000 b/d and 6 distribution plants for refined oil products located strategically throughout the country.Read case study
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Visual MESA Production Accounting (VM-PA) allows engineers to build mass balance reconciliation models for closing individual process unit mass balances. It integrates the production accounting and engineering worlds so that each use the same single data source. The result is better engineering improvement opportunities and accounting balance for the organization.
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