In recent years, data analytics has transformed many industries, and the utility sector is no exception. As utility companies face growing demands for transparency and efficiency, data analytics has become a crucial tool for modernizing...
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The month-end close is a critical component in the accounting cycle, particularly for a fixed asset accounting department. It’s essential for maintaining accurate financial records and ensuring compliance with tax and regulatory standards. A well-executed...
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This may sound like a familiar topic of discussion, “how will we onboard and train new employees in utility and tax accounting?” It can take decades of experience to fully understand the intricacies of tax...
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Public utilities incur and report costs in construction that are unique to their industry. While most of the construction dollars are additive to the resulting assets which are then rendered to the jurisdiction, others are...
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As utility companies face growing complexity in financial management, driven by rapid changes in technology, increasing operational demands, and evolving regulations, the need for modern asset accounting software has never been more critical. Traditionally, utility...
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In today’s fast-paced business landscape, companies require not only powerful software solutions but also dependable support that genuinely enhances their operations. As organizations examine both current and prospective software solutions, they are finding that many...
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Regulated utilities across the country are facing a new challenge they have not faced in a long time, how to evaluate and differentiate tax accounting software. In light of this new environment, it’s an opportunity to...
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Cloud software is increasingly becoming a cornerstone of modern business and technology infrastructures. As providers of everyday essentials such as electricity, gas, and water, it’s important for utilities to reap the benefits from this technological movement....
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