Sap gheit iv2
- 1. Ghana Extractive Industries Transparency Initiative: SAP Solution for Ghana Steve Williams, Director, Corporate Social Responsibility, SAP May 17, 2011
- 2. Resource curse The resource curse (Paradox of Plenty) refers to the paradox that countries and regions with an abundance of natural resources, specifically point- source non-renewable resources like minerals and fuels, tend to have less economic growth and worse development outcomes than countries with fewer natural resources. From Wikipedia, the free encyclopedia 息 2011 SAP AG. All rights reserved. Confidential 2
- 3. The joint IT project for EITI implementation Challenges: Bringing in the oil & gas sector Closing the gap in reporting The IT solution: Addresses the challenge of delayed reporting Is a development partnership between: The Ministry of Finance on behalf of GHEITI, SAP AG GIZ operating on behalf of the German Federal Ministry for Economic Development and Cooperation (BMZ) The partnership adds a technical solution and specific managerial skills to the EITI process. 息 2011 SAP AG. All rights reserved. Confidential 3
- 4. Scope of the EITI reporting in Ghana Government Institutions District Assemblies Business Intelligence Financial Reporting 息 2011 SAP AG. All rights reserved. Confidential 4 息 SAP 2009 / Page 4
- 5. Benefits achieved From paper to real time web communication Content is checked and approved before data are made available to the Office of the Ghana EITI aggregator. 息 2011 SAP AG. All rights reserved. Confidential 5
- 6. Presentation of the solution Reconciliation of payments from Extractive Industries Industries Government entities Extractive companies submit their payments Public sector submit revenues received from through the web extractive companies EITI form Addition of comments and attached files Financial and statistical data are entered to allow analysis 息 2011 SAP AG. All rights reserved. Confidential 6
- 7. Presentation of the solution Reconciliation of payments to District Assemblies Government entities District Assemblies Declaration of payments to Local Authorities Declaration of Mineral royalties received from the Office of the Administrator of Stool Lands Declaration of utilization of funds 息 2011 SAP AG. All rights reserved. Confidential 7
- 8. Presentation of the solution Reporting Ghana EITI aggregator Follows up reporting from all the entities involved in the process Analyzes and reconciles data Publishes reportings through Excel or pdf files 息 2011 SAP AG. All rights reserved. Confidential 8
- 9. Technology delivery Business Intelligence A powerful and flexible tailored IT solution to support the EITI implementation in Ghana has been installed using BFC and Extended Analytics. Financial Reporting The solution will optimize the publication of trustful and transparent information to the stakeholders in Ghana. The solution we propose is Easy to use Implemented quickly Adaptable to the other EITI countries 息 2011 SAP AG. All rights reserved. Confidential 9
- 10. Knowledge transfer A key aspect of the project Local team is able to handle the tool & reporting Done through workshops with the EITI multi-stakeholders group One team of SAP consultant and EITI members working together all along the project Documentation End users specific documentation Reporting and administrative team documentation Maintenance documentation for IT specialists Training For project team at the beginning of the project For end users before the go live For IT specialists during installation of platform 息 2011 SAP AG. All rights reserved. Confidential 10 息 SAP 2009 / Page 10
- 11. SAP delivers Good Governance for Ghana SAP committed to the project because the conditions were favorable to a software implementation and we were highly impressed with the maturity of the EITI process in Ghana. IT is an essential enabler to meet the high level of governance standards that this country has set itself. Effective IT bridges insight and action. In this case, it provides the big picture of revenue streams and payments, together with detailed information. Based on this information, the GEITI Secretariat will be in an even better position to ensure that declaration and payments are reconciled. In concrete terms, this project will deliver really powerful benefits such as: Effective and fast reconciliation of declarations and payments; Quality of data with a validation process and one version of the truth; A simple overview of revenues; Reduced administrative overhead; Faster reporting cycles. 息 2011 SAP AG. All rights reserved. Confidential 11
- 12. Thank you! 息 2011 SAP AG. All rights reserved. Confidential 12
- 13. What SAP stands for Our Purpose SAP helps our world run better in order to create enduring prosperity for people everywhere SAP aims to not only help businesses run better, but help the world run better, said Jim Hagemann Snabe, co-CEO, SAP. The Ghana EITI project is one such project where were pleased to bring both our software and our industry and business process expertise to help Ghana meet the global standard for transparency in the oil and mining industries. This project presents a unique opportunity to engage within our Corporate Social Responsibility efforts not only with a financial contribution, but also with skills and technology, and as such help the EITI process and the country of Ghana to run better. This is a project with a potential to touch the lives of millions of people through good governance. Our Ambition is to deliver on this purpose by making businesses and institutions around the globe perform at a significantly higher level of efficiency and effectiveness by enabling business network transformation and closed-loop insight-to-action 息 2011 SAP AG. All rights reserved. Confidential 13 息 SAP AG 2009. All rights reserved. / Page 13