Finding ERP Solutions for Utilities: Navigating the Complexities of the Energy Industry
This is because the energy industry has unique complexities that erp for utility companies must be taken into consideration when selecting an ERP solution . Utilities provide e ssential services to individuals and organisations, supplying them with electricity, natural gas, water and/or waste treatment. On the surface, utilities may seem like any other business organisation—they have customers to serve, employees to manage and finances to track. But in reality, they are highly regulated entities operating within a complex environment of changing markets and governmental policies. As such, they require erp for utility companies specialised business solutions that can handle the specific needs of the energy industry in order to meet these challenges head-on. When selecting an ERP system for a utility company’s operations it is important to understand the following complexities: 1) Regulatory Requirements - The nature of utilities being heavily regulated by local governments means...