Friday, June 10, 2011

East Coast Utility Purchases HPC Utility Financials Accelerator

We're very pleased to announce that another utility has purchased HPC America's Utility Financials Accelerator. HPC UFA integrates with SAP® solutions to help utility companies address today's more stringent regulatory reporting standards, and provides management with increased audit transparency and rate case support. In 2010, HPC UFA achieved SAP certification as powered by the SAP NetWeaver® technology platform.

Part of our team will be spending the summer in the Mid Atlantic to implement UFA for our customer. The project's goals include the following:

  • Allocate costs charged to FERC accounts to transmission and distribution lines of business and state jurisdictions

  • Create a controlled report distribution process with less reliance on Microsoft Excel

  • Increase flexibility to use accepted cost allocation models for FERC accounts in SAP

  • Provide enhanced regulatory drill-down functionality in native SAP ECC 6.0


HPC UFA is already in production at Trans Bay Cable, Arizona Electric Power Cooperative, Navajo Tribal Utility Authority, and Tacoma Power.

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