Showing posts with label ferc compliance. Show all posts
Showing posts with label ferc compliance. Show all posts

Tuesday, January 18, 2011

FERC/NERC compliance report from InsiderResearch

FERC/NERC special reportInsiderResearch recently published a special report on FERC and NERC reporting and compliance. The 42-page study is packed with survey data from utility companies, best practice advice, and a chapter from HPC America on optimizing the SAP IS-U/FERC module for today's regulatory and management requirements. The report has great potential to help you prevent regulatory fines and penalties.

When you're ready to enhance your own SAP FERC module, please contact us for some personal insights on improving the accuracy and convenience of regulatory reporting for utilities on SAP.

Update: Request our white paper on enhancing the FERC module's configuration.

Wednesday, October 13, 2010

FERC's rational response to violations

In today's issue of APPA's Public Power Daily there's a brief article by Robert Varela on FERC's "rational responses" to violations and fines, in order not to jeopardize smaller utilities. This is consistent with our own experience with FERC on behalf of clients. We've also seen a similarly constructive attitude from RUS, which offers a bi-annual educational conference on accounting for utilities. Everyone seems to recognize that complying with FERC and other regulatory reporting requirements can be a challenge for resource-constrained utilities; the financial data needed either isn't readily available, or it's there but not in the right format. Stay tuned in the coming weeks for a special report on best practices for FERC and NERC compliance. Or take a look at our enterprise solution, which was recently certified by SAP.