Atlanta, GA (December 19, 2014) PowerPlan the leading provider of accounting, tax and capital budgeting optimization solutions for asset-intensive businesses, is pleased to announce the successful go-live of PowerPlan’s patent-pending Regulatory Management Suite at Energy Transfer Partners, L.P. (ETP).
The addition of PowerPlan’s Regulatory Management Suite to ETP’s existing PowerPlan suite should help automate monthly processes for the Sea Robin and Transwestern Pipelines, saving time spent on manual processes and simplifying reconciliation. The suite’s Revenue Requirements Module helps ETP prepare its cost of service filings with the Federal Energy Regulatory Commission (FERC).
The Regulatory Management Suite integrates all balance sheet and income statement accounts from the existing PowerPlan applications, including Asset, Depreciation and the Charge Repository and transforms them into regulatory accounts. This automation should allow ETP to streamline its data collection process for its rate case filings by centralizing and reconciling it all in the Regulatory Management Suite. This replaces complex databases and spreadsheet procedures currently used.
About PowerPlan: PowerPlan software provides financial insight into how complex rules and regulations impact your organization – empowering you to make credible decisions that improve overall corporate performance. The integrated solution provides complete visibility starting with forecasting and monitoring to scenario planning and analytics while maintaining financial compliance. For more information, email firstname.lastname@example.org or visit www.powerplan.com.
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