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Salt River Project Readies FERC Accounting for SAP S/4HANA Financials

At Salt River Project (SRP), regulatory reporting was difficult to understand, tie back to participation billing, support pricing, and audit request. To increase readiness for SAP S/4HANA and to address these issues, SRP optimized its SAP ECC system running on HANA with a “CO-centric” model of Federal Energy Regulatory Commission (FERC) reporting through an efficient, five-month project. The optimization also ensures that current financials are consistent with how they will look in the Universal Journal. Come to this session to hear how this seemingly simple change will enable SRP to establish much greater financial data consistency years before moving to SAP S/4HANA.

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