The result is an elaborate infrastructure that makes efficient processes and synergy potential impossible.Various applications are performing, in part, similar tasks.

That means information must be pulled from across the organization and manually reconciled, which increases the chance of errors and makes it difficult to run scenarios or do comprehensive analysis.

Without a clear picture of how regulatory strategy impacts budgets and forecasts, a utility is at a disadvantage.

Effects across all levels need to be taken into account.

Opportunity costs and digitalisation possibilities at the strategic level. Conversion and change costs at the operational level.

Regulated utilities are facing a number of forces that threaten their ability to earn revenue and an adequate ROE for their shareholders.

A decreasing demand for energy, combined with significantly lower ROE from rate cases, is driving utilities to seek new ways of improving their internal processes and optimize financial performance.

The company was faced with the challenge of bundling its IT and streamlining its systems in order to operate more independently on the one hand, and in order to pursue more efficient solutions on the other.

AXXCON was commissioned with the neutral evaluation of suitable software solutions and providers.

Power Plan’s Rate Case Planning and Modeling module automates the process of gathering regulatory data, and provides insight into the entire regulatory environment.

This insight enables regulatory management to make a clear and confident case when talking about budgets, forecasts and strategic direction.

Transformation projects generally require changing business processes.