We made something for you.

Remedy missing Retirements

ASI takes a multi-pronged approach to ensuring the accuracy of asset retirements by comparing actual retirements to expected retirements for replacement work orders, comparing asset quantities and unique identifiers between the fixed asset subledger and operational source systems (i.e. GIS, Meter tracking, Fleet, Real Estate, etc.), and proactively identifying and alerting users for asset activity trend discrepancies.

Facilitate cross-departmental collaboration

From Property Accounting, to Tax, to Regulatory, to Revenue, Fuel, and General Accounting, data in one group of utility Finance impacts all others. ASI’s centralized dashboards ensure that data controls are executed automatically and made public across all of Finance.

Refine Regulatory Reporting process

Decrease regulatory reporting cycle times by automatically cross- validating data for all data sources, providing immediate assurance that actuals and forecast test period data are correct.

Explain budget variances automatically

Enhance variance reporting with an engine that automatically provides the quantified drivers for differences between budget and forecast versions and budget versus actuals.

Automate book and tax month-end validations

Month-end closings involve more than just running processes within your accounting systems. ASI enables Book and Tax departments to complete the “last mile” of the close in minutes instead of hours or days by automating validations and reconciliations before, during, and after the close.

Ensure cross-system integrity enterprise-wide

ASI’s end user-created reconciliations and data validations, and automated workflows ensure that every Finance and Operations department is confident that they are in sync with every other department at any point in time.

Provide insight and confidence into the tax subledger

Accumulated deferred income taxes within a regulated utility include some of the most heavily-scrutinized items by internal and external audit due to the complexity and size of the ADIT balance. ASI’s industry-standard income tax controls ensure that tax departments can approach any audit with confidence – from the analyst to the VP of Tax.

Substantiate book to tax differences

ASI technology combined with RCC subject matter expertise decreases the calculation and validation of complex Schedule M Items, such as Mixed Service Costs, in minutes compared with weeks to calculate manually.