Kamoa Copper chooses Deloitte Africa and Anaplan to drive financial innovation

The collaboration will also include integration of financial insights into the planning models and support alignment with project timelines and goals.

Kamoa Copper SA has partnered with Deloitte Africa and Anaplan to implement a new budgeting and forecasting system designed to support its financial planning processes. The initiative centers on integrating the Anaplan platform into the company's operations to support scenario planning and data consistency across its value chain.

The Anaplan platform is designed to support complex financial processes and allows for real-time data integration and planning across different scenarios. These functions are aimed at supporting a coordinated view of financial and operational data across departments, enhancing accuracy and supporting decision-making.

Budgeting and forecasting in the mining sector present specific operational challenges, especially when relying on Excel-based systems. These traditional methods can limit efficiency and the ability to manage operational and capital expenditures. In response, Kamoa Copper SA launched a Request for Proposal (RFP) to identify a planning platform and implementation partner that could support the company's cost planning objectives and allow for timely access to scenario-based data.

“We strive to be at the forefront of financial innovation, and the implementation of Anaplan’s platform is a game-changer for Kamoa Copper. It empowers us to be more agile, more strategic, and more proactive in our financial and operational planning. Deloitte Africa’s role in this transformation is tailored to deliver a solution that not only aligns with our current needs but also anticipates our future growth,” said JP van Staden for Kamoa Copper.

Kamoa Copper operates one of the largest copper mining complexes in Africa, employing over 7,000 people and producing high-grade copper concentrate. The Kamoa-Kakula Copper Complex has been noted for its production volume and environmental footprint. The company also continues to focus on sustainable mining and community engagement in the Democratic Republic of Congo (DRC).

Deloitte Africa, recognized by Anaplan as Global Partner of the Year for eleven years, is supporting the implementation. The project aims to support change management, collaboration, and improved scalability for the company’s planning functions.

“Deloitte Africa is honored to work alongside Kamoa Copper SA to deliver a budgeting solution that will transform their financial planning capabilities. Our industry insights and technical expertise are the cornerstones of this project, and we are committed to propelling Kamoa Copper SA from where they are today to where they want to be,” commented Andries van den Berg from Deloitte Africa.

The collaboration will also include integration of financial insights into the planning models and support alignment with project timelines and goals. Kamoa Copper SA expects the project to enhance its financial planning capacity and operational responsiveness.