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21 January 2010
Atlanta, Georgia
FOR IMMEDIATE RELEASE
Impact:ECS … It’s a Gas! Dakota Gasification Company to Implement Enterprise Cost System
Dakota Gasification Company, a subsidiary of Basin Electric Power Cooperative,
is the only commercial coal-to-natural gas production facility in the United States.
Each year the facility transforms six million tons of coal into 54 billion cubic feet
of natural gas, 3 million cubic feet of carbon dioxide and a mix of other fertilizers,
solvents, and chemicals. The company has retained 3C Software to implement its Impact:ECS
Enterprise Cost System that will deliver detailed actual daily production costs for all
products produced at the facility.
Along with the finance team at Dakota Gas, the 3C Software professional services
team will develop cost models that will integrate with SAP, general ledger and other existing
systems, to calculate both non-GAAP daily process costs and monthly results that are GAAP
compliant. The project will include developing allocation methods to extrapolate results and
distribute overhead costs as well as variance reporting to analyze and interpret cost results.
Beyond cost calculation, the Dakota Gas team will have the ability to run “what-if” analysis based
on actual data without affecting source data to improve their forecasts and overall operations
decisions.
This project marks a milestone for 3C Software in the utilities industry. “We’ve worked in a
number of industries over the years, and this opportunity to work with one of the leading natural
gas providers will further demonstrate the flexibility of Impact:ECS to meet the needs of process-intensive
companies,” stated Matthew Smith, CEO of 3C Software. “Our ability to deliver very specific cost modeling
capabilities will give Dakota Gas the tools to calculate granular cost results for their entire production
process.”
About 3C Software
3C Software, developers of Impact:ECS™ and Impact:3C®, was
founded in 1989 and is a leader in detailed cost management
systems for process manufacturers. Headquartered in Atlanta,
Georgia, 3C Software serves clients in several manufacturing
industries including automotive, textile and apparel, pulp
and paper, semiconductor, chemical and rubber, and food and
beverage. 3C Software's rapidly implemented solutions work
with all accounting methods, are simple to maintain, and
handle unlimited calculations and variables. For more
information about 3C Software, visit
www.3csoftware.com
or call 800-226-2036.
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