This course is designed to provide participants with a detailed and up-to-date overview of Aspen Operations Reconciliation and Accounting (AORA). It covers the capabilities of Aspen operations reconciliation and accounting (AORA) and its role in process industries; the layout, menus and key features of AORA interface; the basic configuration, data import, integration and data reconciliation; configuring user roles, permissions and ensuring data security within AORA; and the detailed data reconciliation techniques, handling missing and erroneous data and the use of historical data in reconciliation.
Further, the course will also discuss the reconciliation results, optimizing operational performance and linking operational data to financial results; the cost allocation methods, generating financial reports, variance analysis and budgeting and forecasting; creating custom calculations within AORA for specialized operational or financial analysis; integrating AORA with other AspenTech products; and the advanced data visualization techniques.
During this interactive course, participants will learn the data import and report generation; diagnosing and resolving common issues encountered by AORA users; the best practices for planning and implementing AORA in an organization; managing organizational change and training staff on AORA use; and the performance of AORA, including system settings and user interaction.