With Utegration’s leadership in regulatory reporting on SAP and the power of the Workiva platform, utilities can streamline a time-consuming, recurring compliance process.
About the alliance
Utegration’s utility accounting and regulatory reporting professionals have more than 200 years of collective hands-on experience implementing and optimizing SAP® Financials and FERC solutions at dozens of utility companies throughout North America. In 1995, they created the “FERC module” that is still delivered with the SAP ERP today. In 2020, their most recently developed add-on solution for regulatory accounting, Finance4U, was certified by SAP as integrated with S/4HANA.
The alliance between Utegration and Workiva provides utilities on SAP with the opportunity to further automate the XBRL® reporting process and FERC compliance. Preparation for rate cases typically involves dozens of people and hundreds—if not thousands—of hours of work. Utegration and Workiva not only simplify onerous compliance processes but also maximize the benefits utilities gain from investment in SAP and Workiva solutions by reducing manual work, increasing cost transparency, and minimizing reconciliation issues.
SAP is the registered trademark of SAP SE in Germany and in several other countries. XBRL® is a trademark of XBRL International, Inc. All rights reserved. The XBRL® standards are open and freely licensed by way of the XBRL International License Agreement.