Why is SAP digital finance solution required?
Most utility companies also have to meet complex financial reporting requirements from a local PUC and FERC reporting perspective..
Managing accurate financial data across multiple regions and service lines adds complexity with multiple tax and regulatory requirements.
Inaccurate financial data impacts the organization’s ability to make decisions around critical business functions and has a negative impact on minimizing costs and ensuring optimal inventory levels.
Financial management requires real time visibility to effectively manage the issues related to volatile commodity pricing.