Power industry: solutions for the generation companies

The generation companies are subjects of wholesale market of the electric power and power. They have filial structure. In the center of each company there is an executive office managing production branches – the thermal or hydraulic power plants located, as a rule, on considerable territorial remoteness from each other. Today the most part of the generating assets of the country is concentrated in the thermal wholesale power generating companies, the federal hydrogeneration company of wholesale market (RusHydro), the territorial generating companies (TGC) and Rosenergoatom (SAP ERP) state concern.

Basic processes of activity of any energy company, and generation not an exception, the following is:

Planning and budgeting

• Formation of budget model
• Collecting and the analysis of operational data from divisions
• Plan fact analysis of budget implementation, correction of planovykhpokazatel
• Element marked a spiskakonsolidation of data, creation of different forms of the reporting

Cash management

• Treasury
• Management of credits/loans

Corporate reporting

• Cost accounting, profitability of services
• Broadcasting in IFRS
• Consolidation of data

Accounting, tax accounting

• Element marked spiskabukhgaltersky, tax accounting according to industry standards

Maintenance and repairs

• Certification of business assets, formation of process charts and

estimates

• Work planning
• Registration of defects
• Execution of works on the equipment, accounting of a financial component

Sale

• Customer relationship management and agreements
• Data collection from counters, tariffing and drawing of accounts
• Element marked a spiskakvitovka and claims activities

Complete solutions for the generation companies are intended for automation of geographically distributed divisions of the generation company within a common information space. Application of the solution provides transparency of financial and economic management for the management, shareholders and owners, conditions for reduction of dates of receipt and increase in the accuracy of the information necessary for acceptance of management decisions are created.

Components of solutions:

Management of finance

The solution contains all necessary tools for formation of budgets of all levels, the accounting, tax and management reporting in the analysts necessary for justification of tariff and investment policy, planning of financial performance and the analysis of the actual financial results.

Application of the solution provides the following advantages:

• Support of a unified plan of accounts and uniform account policy, including uniform standard transactions;
• Formation of the block of the normative reference information, uniform for all branches of the generation company;
• Standardization of managerial procedures and analytical cuts;
• Automatic formation of accounting entries on all circuits of accounting according to Russian accounting standards;
• Automatic formation of tax registers and obtaining summary tax declaration;
• Reduction of terms of preparation of the operational and summary reporting within the company (Fast Closing).

The centralized logistics

The solution considers both requirements of the enterprise for material resources, and restriction for financial opportunities, and allows to organize in real time optimal (in terms of an economic benefit) logistic business processes.

Application of the solution allows is consolidated to create the Annual Comprehensive Program of Purchases (ACPP) of the enterprise, a message and to approve the register of purchasing requests of material values and services, to keep account of the equipment, property, materials and to prepare the detailed reporting under execution of GKPZ (the plan fact the analysis by partners, agreements, supplementary agreements to agreements, payments under agreements and reporting periods, advance payments and the actual accomplishment under agreements).

Maintenance and repair of the equipment (TORO)

The solution contains a complete description of the fixed business assets of the enterprise and provides transparency of processes of management of technical condition of the equipment from maintaining magazines of defects, estimating, diagrams of repairs and amounts of works before formation of consolidating annual plans of requirements of materials and spare parts, quantity of labor power and obtaining acts of the performed works.

Application of the solution allows to unify reference books of standard amounts of works and process charts of items of equipment, to create diagrams of repairs with support of version control, to keep magazines of defects and a time between failures, integrating a system with an APCS, to dispatch production resources for execution of works.

Business intelligence (BI)

Quickly to react to market changes, to increase investment attractiveness of the generation company important to obtain operational information about activity of the branches.

Solutions contain tools for receiving initial data from different sources (local accounting systems, ERP systems, planning and budgeting systems, production management systems, the salary and personnel systems and so forth), constructions of the reporting (reports, metrics, cubes, panels, KPI, the balanced indicators), event managements (automatic reaction to change of target figures in the reporting), constructions of data warehouses.

You can look at examples of ERP projects in the power industry from the directory of TAdviser here.

The list of the ERP systems implemented in the energy companies is available here.

See Also

• Russian market of automation of power
• Relevant technologies for the market of power industry
• Power industry: solutions for the generation companies