Symphonite Production Accounting and Reconciliation (PAR)
 

Symphonite Production Accounting and Reconciliation (PAR)

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Symphonite™ Production Accounting and Reconciliation (PAR) is Honeywell’s statistical data reconciliation software for resolving material and energy balance problems in refining, oil and gas, chemicals and mining industries.

It helps production facilities to effectively report accurate production and inventory information leading to better economic decisions, reduction in unaccounted losses and adherence to corporate governance guidelines.


Discover How Honeywell Symphonite PAR Helps You Reduce Uncounted Losses​​ ​

Symphonite Production Accounting and Reconciliation simplifies the end-to-end production accounting process and offers the following benefits: 

  • Reduced losses: Up to 1% of throughput with efficient loss detection and early mitigation of custody transfer meter bias. 

  • Improved decision-making: Up to 5% margin improvement through better tracking of plan versus actual, correction of planning yields, improved data for process simulation and better purchase decisions through accurate knowledge of inventory positions.  

  • Proactive meter maintenance: by uncovering bad or deteriorating meters.

  • Support information transparency and availability: with improved compliance to reporting standards, such as the AMIRA P754 & Sarbanes-Oxley guidelines.

Symphonite PAR provides a 'drag and drop' graphical builder which helps to modularize the accounting model, thereby simplifying the model maintenance and enabling rapid navigation. It automatically collects production information from an array of process systems and calculates tank volumes. Intelligent data validation ensures users begin the reconciliation process based on reliable raw data. 

Symphonite PAR allows users to gain a perspective of the overall imbalance in terms of the accounting period shipments, receipts, and inventory gain and losses shown by equipment or material. Its powerful Statistical Data Reconciliation Engine is designed to solve a variety of real world problems. In-built approval workflows enable faster collaboration and a robust review. Finally, Symphonite PAR enables rapid dissemination of production accounting data through SSRS-based reports and Excel-based ad-hoc queries.

Symphonite PAR has a broad usage in multiple verticals to address a diverse set of problems such as: 

  • Mass or volume balances

  • Utility balances (e.g., steam, fuel gas, energy, etc.) 

  • Simultaneous component balances for metal accounting

  • Balances that require adjustments to both flow quantities and properties

  • Balances that require adjustments to be between a defined range 

  • Situations where there are a large number of unmetered flows or if there are a large number of manual movements and the potential of data entry errors is high

  • To calculate the volume and mass of hydrocarbons in tanks using ASTM methods.

Documentation
4 Documents FoundItems per page :
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Symphonite PAR PINSymphonite PAR Product Information Note658.37 KBProduct Information Note18 Aug 2017
Symphonite PAR 201 Release BulletinPAR_201_Release_Bulletin contains the key enhancements and benefits contained in this release904.78 KBProduct Information Note18 Aug 2017
Symphonite Overview BrochureHoneywell Symphonite™ is a suite of software and services providing comprehensive and scalable end-to-end solutions for the supply chain and production management (SCPM) processes. Built on deep domain knowledge, these solutions help you make better business decisions and drive continuous improvement every step of the way from integrated planning to post-production reconciliation and analysis.1.12 MBBrochure14 Nov 2016
Improve Yield AccountingImprove Yield Accounting135.32 KBArticle Reprint20 Jan 2005
Public Support Documentation
8 Documents FoundItems per page :
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PAR201.2.1PAR201.2.1 Releae media35.59 MBSoftware Download8 Jun 2018
PAR 201.2.1 Release LettersPAR 201.2.1 Release Letters454.96 KBSupport Document8 Jun 2018
PAR201.2 Release LetterPAR201.2 Release Letter588.55 KBSupport Document20 Feb 2018
PAR201.2PAR201.2 point release68.94 MBSoftware Download19 Feb 2018
PAR201.2 DocumentsPAR201.2 Documents16.74 MBSupport Document19 Feb 2018
PAR201.1.1 GuidesContains PAR201.1.1 Guides15.9 MBSupport Document6 Nov 2017
PAR201.1.1PAR201.1.1 release media46.96 MBSoftware Download27 Oct 2017
PAR201.1.1_Release LetterPAR201.1.1_Release Letters427.14 KBSupport Document27 Oct 2017

Training, maintenance and support are critical aspects to consider when choosing a technology partner. Honeywell offers world-class training through our Automation College as well as comprehensive maintenance and support services designed to leverage your physical and intellectual assets and help you sustain and increase their value and performance over time.

 
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