Aveva (AVV) has acquired production accounting software from South Korean based company MESEnter as part of its value chain optimisation strategy. The software, now rebranded as AVEVA™ Production Accounting, can help to improve the accuracy of planning models, manage operations performance and identify loss detection. The new software will ultimately be able to move operations towards a plant-wide reconciliation.
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The purchase provides an integral piece to the group’s process operations portfolio, said the senior vice president of the company’s planning and operations, Harpreet Gulati, in a statement.