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Tech Checklist: Choosing a FERC Compliance Solution

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Author

Workiva

Read time

5 minutes

Key Takeaways

  • The Federal Energy Regulatory Commission (FERC) is moving away from Visual FoxPro and adopting XBRL® reporting
  • Cloud solutions enable teams to connect data from a single source of truth to multiple reports for better consistency and efficiency
  • Modern business reporting software enables teams to comply with FERC’s XBRL requirements as well as streamline financial and operational reporting

 

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.

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