Network Company

The Challenge:
Distribution-only companies face a dilemma: continue with a customized and costly legacy solution, try to cobble together a solution with single function applications, or go through the expense of implementing a new CIS with broad functionality, the bulk of which will not be required in a network environment. Many utility executives are unaware that there is a capable off-the-shelf network billing system that is proven to handle pre-network, transitioning, and network operations.

The Solution
At First Data Utilities, we understand network companies. We have a proven CIS solution that supports network utilities, from transition through to maturity. This network company solution incorporates both Peace Market Solution and PeaceX for network billing.

Peace Market Solution
Deregulated markets require the generation, exchange and processing of defined transactions between retail and transmission companies. However, most CIS systems are not equipped to interface with the market, either directly or through a hub. Peace Market Solution connects that missing link by simplifying integration between the competitive market and Peace CIS. Market Solution automates the sending and receiving of market transactions and the workflows required to accurately process any action transaction changes within the CIS.

PeaceX CIS:
Peace has a long history of supporting competitive and transitioning markets. Continuing in our spirit of innovation, we have begun major investment into redefining competitive CIS solutions. Our latest release, PeaceX incorporates break-through technologies that are extremely powerful in a network environment. Major benefits of PeaceX for networks include:

Componentization: Network utilities do not need the same functional footprint as a competitive retailer, but they do require a powerful and reliable solution. While the Peace CIS is already very configurable, componentization - at both the business and architectural layers – enables network companies to select only the modules that they require. In addition, componentization keeps the solution current by eliminating the need for application-wide upgrades in favor of less disruptive 'as you need them' enhancements.

Reliable Receivables: One of the more important functions for network companies, our receivables component provides a multi-company, open items receivables ledger. Providing support for a wide variety of payment options, automatic general ledger posting and reconciliation, the PeaceX receivables component is proven for large scale support of network company requirements.

Automated Workflows: PeaceX dramatically reduces the need for unreliable, time consuming and inefficient manual processing. Our proven workflow automation framework is employed across all PeaceX components for the initiation, routing, execution, and tracking of business processes. With the ability to track and report processes, this functionality allows network companies to monitor operational performance for streamlined operations.