ENERGY / UTILITIES

Around the world, energy / utilities organizations are under pressure from customers, suppliers and regulators requiring them to re-examine every aspect of their business. Over the last 6 months, 15 energy / utilities organizations have partnered with Ranzal to develop consolidation, planning and strategic finance solutions.

Key business issues being addressed include:

  • Customer Gain / Loss;
  • Price Standardization;
  • Plant Planning;
  • Labor & Operational Planning;
  • Capital Management; and
  • Reporting & Analytics.

Below is a sampling of the energy / utilities organizations Ranzal has developed consolidation, planning and strategic finance solutions for:

  • Leading Marketer of Propane Gas, Fuel Oil, and Related Products
    Migration to the Oracle Hyperion Performance Management Platform.
  • Utility Holding Company with Regulated and Unregulated Operations
    Implemented a technology solution addressing the need to access certain KPIs to make better business decisions aligned with a business goal of financial transparency.
  • North American Provider of Electric and Telecommunications Services
    Review existing planning environment including application analysis and infrastructure review.
  • Manufacturer of Uninterruptible Power Supplies
    Designed and built a Management Reporting application that captures data from financial management system.

Energy / utilities executives and operational managers are often having difficulty getting accurate and timely information to make decisions. They are trying to determine which assets are performing and are profitable and require additional investment, and which assets should be retired. The problem is not lack of information, but often data overload.

The true value of this data cannot be released until it is brought together and combines financial and operational metrics. Once the data is accurate, available, and integrated, you will have better visibility across your enterprise and will be able to execute a variety of high value analyses including well level volume & profitability analysis, capital planning & spending analysis, and enterprise financial consolidations and planning.