Benefits of Utility Financials Accelerator

HPC Utility Financials Accelerator delivers numerous benefits for utility companies that maintain SAP environments. Contact us for a demonstration.

Key Benefits

UFA Data Sheet

  • Facilitates a more accurate trace each month by vastly reducing trace errors
  • Enables a faster month-end closing cycle
  • Eliminates reconciling differences between FI, CO, and FERC to deliver one version of the truth between natural and regulatory views of the business
  • Decreases the risk of FERC, RUS, NARUC, and other regulatory agency audit failures by accommodating all chart of account numbering ranges required by external regulators
  • Strengthens rate case positions and improves responsiveness to regulatory inquiries
  • Streamlines and automates natural account translation with powerful table maintenance ABAPs
  • Enables easy and controlled cost allocations (post-CO allocations) while maintaining compliance through financial, accounting, and regulatory views
  • Delivers a cost effective way to comply with regulators without adding accounting staff and/or IT staff
  • Enables current staff to work more efficiently by reducing or eliminating manual work and homegrown solutions in Microsoft Excel
  • Leverages the SAP infrastructure and training in which you’ve already invested

Contact Us

To learn more about optimizing SAP FERC with HPC Utility Financials Accelerator, please contact us online or call (925) 831-4765.