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.

Read time
5 minutes