SAP New GL prototyping - continued

We've now gotten deep into the data redesign for prototyping the SAP New General Ledger at a utility company in the midwest.

During this pre-migration discovery phase, our joint HPC-client team has also identified a number of areas in which the utility could benefit from a larger SAP footprint, including extending Plant Maintenance to a greater portion of its business; utilizing Project Systems to manage schedules while FI/CO manages costs; and implementing a Fleet Management solution that tracks per-vehicle costs. More on this latter opportunity in the near future, as we're just about to roll one out at Sonoma County Water Agency that will be applicable to many other utilities and municipalities that want to track fuel consumption and vehicle costs as part of sustainability initiatives.

New client work: SAP New GL prototyping for utility

We're pleased to announce that HPC will be starting a new project for a utility in the Midwest that intends to improve its financial reporting and gain more robust regulatory reporting. We'll help our client achieve this by exploring the impact of a transition from the classic FERC module to the SAP New General Ledger, which supports functional accounts by production, transmission, distribution, maintenance, A&G, customer accounts, and cost of energy.

HPC will also lead the prototyping of new master data such as cost centers and orders; the redesign of profit centers to enable business segment reporting; and the design of cost flows and overhead allocations. Through this modeling, the utility will be able to visualize results prior to starting the actual migration to production. And that is the best way to prepare for New GL migration in a way that meets all stakeholders' requirements and eliminates nasty surprises.

Announcing HPC's Rapid Prototype Service for SAP New GL Migration

How will the SAP New General Ledger impact your financials?

Find out before committing to a costly, time-consuming migration through HPC's exclusive prototyping methodology and regulatory reporting solution.

The HPC Rapid Prototype Service is a fixed-price consultation that simulates the SAP New General Ledger. It shows how migration will affect your natural and regulatory accounts by modeling your existing FERC configuration. The Rapid Prototype Service is based on HPC America's 15+ years of experience with utilities, and our software solution HPC Utility Financials Accelerator, certified by SAP as powered by the NetWeaver® technology platform. It's cost effective, efficient, and utterly transparent. For utilities seriously considering migration, there is no better way to make an informed decision about the New GL.

Learn more online or download the data sheet. To discuss your plans for SAP New GL migration, please contact us for a consultation.