SAP BusinessObjects Solutions for the Utilities Industry
Rate Life-Cycle Management
Like most utilities, your organization must increase capital spending to ensure reliability and environmental compliance, perform system upgrades, and invest in new technology. Whether you operate in a competitive or regulated environment, you must make these investments while charging a fair and reasonable price for service. And that requires prioritizing expenses and developing strategies to recover costs, which can lead to rate case filings. Yet it's often a struggle to pull together the resources and information you need to prepare a rate case and respond to interveners in a timely, accurate, and complete fashion.
SAP BusinessObjects solutions that support the utilities industry can empower you to maximize rates of return by aligning corporate strategies with rate strategies. The software can help you establish an integrated framework to manage costs, budgets, rates, and strategy execution.
With these powerful applications, you can automate key processes to support the delivery of critical information to all of your key stakeholders, facilitate rate case filing processes, and allow consistent, timely, accurate responses to interveners.
SAP BusinessObjects solutions include robust functionality that can enable the following:
- Strategic alignment – Prioritize and cascade strategic plans from the executive office to employee teams.
- Business planning and execution – Prepare budgets, develop forecasts, and assess cost-of-service allocations.
- Business analysis – Determine the difference between planned cost versus planned revenue to identify the best course of action.
- Rate case preparation – Optimize each step of the rate case creation, management, and filing process.
- Document management – Enable intelligent archiving and retrieval of support documentation and allow for ad hoc querying and reporting.
- Incorporation of changes - Incorporate new rates into all affected operations and translate new rates in FERC accounting.
SAP BusinessObjects solutions that support the rate life-cycle management needs of the utilities industry include:
The rate life-cycle management solution is also supported by:
Want to Learn More?
"Rate Life-Cycle Management for Utilities" (PDF).