Wednesday, 13 November 2019
The Australian Energy Regulatory (AER) requires a more granular level of ‘actual’ financial and non-financial information in the Regulatory Information Notices (RINs).
Existing processes and systems were not designed to capture and categorise information in the manner required for the new regulatory reporting purposes. In addition, the reliability of existing information is compromised by the substantial number of records kept off corporate systems in Excel spreadsheets: not integrated and prone to error.
The client, an Australian electricity utility, required efficiencies in the effort to capture data and generate reports which met the new RIN requirements. We were engaged to develop a roadmap to deliver capability in a logical sequence, facilitating core components of the RINs while seeking to manage the workload on the business.
Productivity improvement through:
Risk Reduction through: