SAP IS-U FERC Module History
HPC America Invented the FERC Module for SAP
Fifteen years ago, Josef Heck, founder of HPC, was asked by the co-founder of SAP, Prof. Dr. h.c. Hasso Plattner, to help him solve a problem with cost of service reporting at Pacific Gas & Electric Company (PG&E), the first utility in the United States to implement SAP. Jerry Cavalieri, now CEO of HPC America, was the PG&E manager responsible for designing a solution. Mr. Heck and the team of HPC consultants worked together with Mr. Cavalieri to develop the very first Federal Energy Regulatory Commission (FERC) module for SAP. After two years of development, the FERC module was in production and working. To this day, PG&E and many other utilities use the SAP IS-U/FERC module for Cost of Service ratemaking, and reporting to state commissions, municipal boards, and FERC.
HPC America has installed the FERC module at Oklahoma Gas & Electric and Wisconsin Electric. HPC also developed a program to report on vendor payments by FERC account. This was deployed at PG&E. Later, PG&E sold a copy of the HPC solution to Wisconsin Electric to satisfy FERC Form 1 reporting requirements.
Learn more about enhancing the FERC module with HPC Utility Financials Advisor.
HPC AG's and SAP's Shared History
HPC AG of Germany was started 20 years ago by Josef Heck. Mr. Heck was the 18th employee of SAP AG and was responsible for writing the initial code of the Financial Module (FI) and Asset Management (AM) in particular. SAP AG engaged HPC America to write the FERC module for general availability as part of SAP's vertical market offering for utilities.
HPC America Today
HPC America is a utility industry expert with more than 15 years of experience implementing SAP and developing back-office solutions in accounting, customer billing, supply chain management and business intelligence specifically for utilities large and small. We work with all SAP IS-Utility solutions from IS-U/FERC to CCS and Work Clearance. We also provide utility companies with consulting services on SAP in a variety of other areas including, Plant Maintenance (PM), Supply Chain Management (SCM) and Asset Management.
Today's compliance requirements mean far more stringent standards and transparency in accounting. We designed our latest solution, Utility Financials Accelerator (UFA), to provide even greater functionality for cost of service ratemaking and regulatory reporting than the SAP IS-U/FERC solution we originally invented. Learn more about HPC UFA.
