ASTERION · MINEIQ
Module 12 — Contractor Intelligence & Commercial Assurance

Contractor Intelligence & Commercial Assurance

Production telemetry and commercial assurance for outsourced mining. Every load cycle measured, every invoice line checked against the contract that priced it.

Download the product overview (PDF)
Watch the MineIQ story
THE CONTRACTOR BLIND SPOT

You outsourced the operation. You didn't mean to outsource the truth.

Materials-handling and load-and-haul contracts run on the contractor's numbers: their cycle counts, their engine hours, their invoice. The mine pays what's billed, because checking every line against the pricing schedule, the authorisations and the actual telemetry is a month of work nobody has. The leakage hides in rehandles, in idle time billed as productive, in rate escalations misapplied, and in work done without anyone authorising it.

The contractor marks their own homework

Cycle counts, tonnages and hours arrive on the invoice, generated by the party being paid for them.

Contracts price what telemetry never sees

Pricing schedules, service codes and escalation formulas live in a PDF. The operational data lives everywhere else.

Assurance is annual, leakage is daily

By the time an audit samples last year's invoices, the commercial terms have changed twice and the evidence has gone cold.

10
Automated invoice controls
Every invoice line checked against contract entitlement, telemetry and authorisations, with findings raised with evidence attached.
WHAT IT DOES

What MineIQ does

01

Production and material-flow telemetry

Sites, zones and geofences. Equipment, operators and positions. Load, travel, queue, dump and return cycles, plus stockpiles and rehandles. The operational record is built from telemetry rather than from the contractor's summary of it.

02

Fleet and equipment visibility

Status events, engine hours and fuel events per machine, so utilisation, idle time and breakdown patterns are visible per equipment class, per zone, per shift.

03

Contract entitlement engine

Service codes, effective rates, escalation formulas and authorisations captured as living pricing schedules the assurance engine can compute against, rather than a PDF in a drawer.

04

Invoice assurance, ten controls

Every line runs through ten automated controls covering entitlement, rates, quantities, authorisation and duplication. Each finding is raised with the evidence that fired it and routed through a workflow to resolution.

05

Findings and recovery

Findings move through review, dispute and resolution with an owner and a paper trail, so commercial conversations with the contractor happen on evidence rather than on opinion.

06

Benefits tracker

Recovered value, avoided overbilling and control effectiveness tracked over time. The assurance function ends up proving its own business case.

GOVERNANCE & STANDARDS

The frameworks this is built against

ISO 37301

Compliance Management

ISO 55000

Asset Management

King IV

Governance & Assurance

ISO 9001

Quality Management

ISO/IEC 27001

Information Security Management

Per-Tenant RLS

Isolation enforced at the database

PART OF THE PLATFORM

Where it sits in the platform

MineIQ runs with per-tenant isolation and the same governance rails as every other module, and its telemetry and commercial findings strengthen the picture the rest of the platform reasons over.

MineIQ LexSphere

Pricing schedules and authorisations trace back to the governing agreement, so entitlement checks are grounded in the paper as signed.

MineIQ AssetVault

Contractor equipment, hours and utilisation enrich the asset picture for mixed owner-and-contractor fleets.

MineIQ NexusCore

Commercial findings and production variances join the operating picture, so a drift in contractor performance is a signal rather than a quarter-end surprise.

MineIQ ESG Beacon

Fuel events and material movements feed emissions calculations for outsourced operations, which is the scope the spreadsheets always missed.

WHO USES MINEIQ

Who uses it

Contract and commercial managers

Invoices arrive pre-checked against entitlement, with findings evidenced and recovery tracked, so the commercial position stays current.

Mine and operations managers

Cycles, queues, rehandles and stockpile movements visible from telemetry, independent of the contractor's reporting.

Finance and internal audit

Continuous, evidence-backed assurance instead of annual sampling, with a tracker that quantifies what the controls actually return.

Contractor partners

A shared factual record settles disputes quickly. Good contractors do well out of an owner who pays clean invoices promptly.

GET STARTED

Start with a contract-leakage diagnostic

Your contractor contracts, pricing schedules and a sample of paid invoices go through the ten controls. In most cases the findings pay for the engagement before the platform is deployed.

Every load counted. Every line checked.

Contract capture

Pricing schedules, service codes and escalation formulas modelled from the governing agreements.

Historic invoice sweep

A sample of paid invoices re-checked against entitlement, which gives you an evidenced leakage baseline.

Telemetry onboarding

Cycles, status events and fuel data flowing from the fleet into the operational record.