Improve Efficiency Through Better Tracking
AVEVA Production Accounting addresses the pressing issue of unaccounted losses for refineries, petrochemical plants, and other processing facilities. This solution improves efficiency with data reconciliation by finding errors in raw plant data and closing the mass balance and production accounting. Doing so helps the plant better account for feedstock and products, as material tracking and product yield tracking accounts for inventory and pinpoints losses.
Previously available only on-premises, the new release, called AVEVA Production Accounting 2022, will be available as software-as-a-service (SaaS) through our industrial cloud platform, AVEVA Connect. The SaaS offering comes with a host of added benefits and provides enterprise-wide cloud access to the solution anywhere with an internet connection. This allows customers to maximize the value of AVEVA Production Accounting by decreasing the IT overhead of managing the solution, increasing collaboration and accessibility of the product, and allowing customers to only pay for actual usage.
AVEVA Production Accounting Features
AVEVA Production Accounting provides refining and petrochemical companies improved material accounting of their raw material, inventory, and products. This improved accounting reduces unaccounted and real losses, and identifies faulty instruments resulting in an improved bottom line.
- Mass and Volume Balance
- Automatic gross error detection
- Intuitive graphical user interface
- Modular plant modeling
- Validated stream categorization
- Available as software-as-a-service
- Flexible subscription model
- Composition Tracking
- Smart Constraints
- Automatic movement detection
- Flexible period definition
- Data Access and inclusive third-party support