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Maximize the time your team spends on valuable analysis and accounting by minimizing data gathering and transformation burdens.
Eliminate the spiderweb of spreadsheets used to support your company’s FERC Form data preparation by automating the financial-to-regulatory transformation in our powerful, user-defined system with built-in validations and reconciliations. Further expand the value by automating periodic state regulatory reporting.
Features of Regulatory Reporting for Accounting
Data Transformation
Enhances your reporting with pre-built templates for FERC Form data preparation to export or integrate with your XBRL filing solution. Leverage user-defined data transformations and classifications for state and company-specific periodic reporting.
Reconciliation & Validation
Quickly validate your data with reconciliation forms that enable you to verify detailed financial transactions foot to transformed regulatory accounts.
Robust Allocation Engine
Define how data is allocated to your utilities, jurisdictions, functions, cost recovery mechanisms, and customer class through using statistical inputs or defined data attributes in the systems creating dynamic or static allocators.
Data & Model Transparency
Enables your accountants and analysts to track and audit costs from reports to source transactions, allowing quick and informative variance and driver analysis.
More from PowerPlan Industry Experts
Read Regulatory for Accounting and The Case for Automation by PowerPlan industry expert Rick Fisher.