On Friday, February 20, 2015 Jerry Cavalieri and Steven Brown from HPC America presented a webinar on the top five SAP Controlling best practices for utilities.
When utility companies first started to use SAP ERP in the mid-nineties, cost flows were meant to be simple and system designs were largely FI-centric. Much has changed in the last 20 years: cost models have grown more complex; CO document contain valuable, often untapped, information; and assessments are increasingly used. As a result, good visibility into costs is harder to achieve and defensible regulatory reporting requires more work. Fortunately, this trend can be reversed. Learn five SAP Controlling best practices from HPC America that increase reporting clarity and efficiency, eliminate reconciliation issues between CO and FERC, and ultimately strengthen the utility's position in regulatory inquiries and rate cases.
Watch a recording of the top 5 SAP Controlling best practices for utilities (plus a bonus 6th best practice).
This webinar was presented by Jerry Cavalieri, Chief Executive Officer of HPC America. Mr. Cavalieri is a former Pacific Gas & Electric principal FERC accountant and the original co-designer of the IS/U-FERC module. He now leads HPC's team of SAP consultants and utility industry experts. Jerry has a clear vision for mid-size utilities to enjoy the benefits of SAP without the traditional costs, and he continues to work closely and directly with HPC clients to ensure they receive the highest level of service. His combined SAP and utility experience enables HPC to solve problems faster and more effectively than clients have experienced before.
Jerry joined HPC in 1999 after 15 years in financial roles at Pacific Gas & Electric in San Francisco. He led the team that developed the very first SAP solution for utilities to comply with U.S. accounting requirements. He has held positions as Vice President, Professional Services, Director, Utilities Business Practice, and SAP Project Manager on premier client engagements. He is a guest lecturer on SAP topics in the utilities industry.
HPC America is an SAP Financials expert and certified SAP partner with more than 20 years of experience consulting and delivering ROI-boosting solutions to companies on SAP. Our latest offering is the HPC Journal Entry Transfer Solution (JETS), a NetWeaver-based application that provides total control of primary and secondary cost adjustments in the ERP itself. HPC JETS eliminates reliance on lump sum journal entries, maximizes data integrity, and minimizes audit discrepancies for any company running SAP. Other HPC innovations include the first real-time FERC solution for the SAP New General Ledger; HPC Utility Financials Accelerator, an advanced reporting solution certified by SAP; and the original FERC module, which HPC created for PG&E and then sold to SAP in 1996.
HPC America will be an exhibitor at Controlling 2015 and will moderate a customer panel discussion on modern cost accounting and FERC strategies for utilities and will lead a networking discussion for public sector and utilities companies.