Electric utility increases FERC reporting flexibility and labor burden transparency in SAP

"Regional Utilities" is an electric utility company serving 60,000 delivery points in the United States.

In anticipation of its 2016 rate case, RU saw an opportunity to improve its SAP Financials foundation before beginning the significant effort of prep and filing.

To that end, RU engaged HPC America to move regulatory accounting (SAP FERC) into its SAP ERP, and to implement a new fixed overhead design for greater labor cost transparency and efficiency. "HPC's understanding of both SAP and the business of a utility was exactly what we needed to start this project with confidence," said RU's Controller. Read the complete case study.

Utility FICO/FERC Topics at SAP Controlling 2015 - Part 1/2

At next month's SAP Controlling conference in San Diego, the utility company panel discussion will cover a number of SAP cost accounting and regulatory reporting topics relevant to utility controllers, utility finance and accounting managers, and Rates department experts.

Bryan Blom, Controller of Rochester Public Utilities, will speak about RPU's steps to improve SAP FERC reporting clarity, and their process for eliminating offline cost calculations. Bryan is a CPA and has more than 16 years of SAP Financials experience. Today, he is responsible for general ledger accounting and reporting; treasury management; accounts payable, budgeting and forecasting; financial regulatory reporting; utility billing, credit and collections; and financial, cost, and rate analysis.

Gerard Curley, Controller of Navajo Tribal Utility Authority, will speak about improving NTUA's assessment process, and minimizing month-end reconciliations in SAP. Gerard has more than 10 years of SAP Financials experience, and focuses on optimizing NTUA's ERP functionality to streamline operations of the utility's electric, gas, water, wastewater, photovoltaic, and communication services.

Contact HPC to learn more about modern SAP FICO/FERC strategies for utilities at the 2015 SAP Controlling conference, and to request group discount registration passes.