Create and defend regulatory reports faster
The solution simplifies complex processes, so companies can be more than ready for the increased scrutiny. It provides utility and energy companies that run SAP S/4HANA the real-time picture they need to continuously monitor if they are on track to meet regulatory performance metrics and earn their authorized rates of return.
By Cognizant Technology Solutions U.S.
Overview
Achieve comprehensive regulatory accounting in SAP S/4HANA
The solution supports blended labor rates and automatically splits payroll burden from payroll costs upon posting, eliminating the manual task of separating payroll costs from regulatory accounts. This allows companies to achieve comprehensive regulatory accounting in SAP S/4HANA.
Provides real-time reporting of regulatory information in SAP S/4HANA
The solution enables real-time regulatory account derivation and real-time regulatory accounting. This further simplifies the general ledger account and cost flow design as well as allowing reconciliation between natural general ledger and regulatory account balances. This greatly improves transparency of cost flow and aligns planned and actual data.
Assign regulatory account information to every transaction
By linking regulatory account information to each transaction in real-time, the solution allows companies to easily create regulatory financial statements compliant to regulatory requirements such as Federal Energy Regulatory Commission (FERC) reporting.
Details
Solution type
APIs and Technical Components
Industry
Cross-Industry, Oil, Gas, and Energy, Utilities
Compatibility
Works with
Features
Trace cost flows
The solution enables tracing of detailed cost flow from original to final cost objects, or vice versa. The solution can also analyze high-level operations and maintenance as well as capital cost distribution across the enterprise.
Provide configurable regulatory account derivations
The solution provides configurable regulatory account derivation and enables splitting rules. This is achieved by blended labor rates and automatically splitting payroll burden from payroll costs upon posting.
Delivers prebuilt reports and real-time information
The solution includes pre-built reports, including real-time regulatory account derivation. It enables real-time regulatory accounting and simplifies general ledger accounts and cost flow designs to greatly improve the regulatory process.
Plans and pricing
Enterprise Edition
Maintenance and support are available.
Installation is available for a fee.
Pricing is based upon the total revenue of regulated business entities
Maintenance and support are available.
Installation is available for a fee.
Pricing is based upon the total revenue of regulated business entities
Customer reviews
Technical Information
| Solution type | APIs and Technical Components |
| Category | Financial Planning and Analysis |
| Industry | Cross-Industry, Oil, Gas, and Energy, Utilities |
| Works with |
|
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Deployment |
|
| Globalization |
Localized for business best practices This product has been localized to incorporate local business best practices (e.g. support for local currencies). |
| Operations |
|
The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Security |
|
| Compliance |
|
| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Easily Comply With Regulatory Requirements
Solution Overview
Customer Testimonial
Publisher
Cognizant Technology Solutions U.S.
Cognizant Technology Solutions Corporation is an American multinational information technology services and consulting company providing services and products to SAP customers world-wide. It is headquartered in Teaneck, New Jersey, U.S. Cognizant is part of the NASDAQ-100 and trades under CTSH. It was founded in Chennai, India, as an in-house technology unit of Dun & Bradstreet in 1994.
