POWER TRACKER
POWERTRACKER
PowerTRACKER provides a complete set of tools to manage all the financial transactions between the market participant and the RTO. These tools include financial accounting checkout, invoice creation, and tracking facilities, meter data verification, invoice dispute management, and ISO bill verification. Standard and custom reports are available for analysis and company-wide distribution of settlement and bill information.
Benefits
Proven, secure, enterprise-level system that can handle up to several hundred users. A centralized, web-based system allows users distributed over wide geographic locations to utilize one system for all their requirements, from data collection to analysis, and reporting. Role-based security allows for simple administration. The multi-ISO platform allows users to use the system across different ISOs using a single application. Meter Verification: When the same transmission and generation data point can be retrieved from more than one source, determinations and resolutions of more reliable data are needed. PowerTRACKER’s meter verification process performs the verification and submits correct data to the ISO. ISO Bill Verification: Users use this module to verify the bill sent by the ISO against the internal data. Shadow Settlement: This allows clients to view and understand the financial exposure of the company based on its operations within the ISO market on a real-time basis. This allows for management reporting of various financial metrics such as cash flow and profit and loss to be viewed after each hour of operations to allow for better financial management and maximization of profits. Ease of customization: Integ recognizes that each client’s processes, data flows, and systems are unique. PowerTRACKER is a flexible, customizable system that will ensure that the system fits your current processes and not the other way around. Corporations do not often realize or compute the switching costs from changing processes to meet the requirements of inflexible software. What-If Analysis: PowerTRACKER enables the users to employ historical data to create scenarios to forecast P&L and detailed credits and charges. Integration with ISO systems: PowerTRACKER allows reporting of every data point across all the ISOs. This allows users to analyze data using different views and metrics.
Functionality
- Configuration Data: Management and submission of the unit, schedule, and fuel data.
- Meter Verification and Submission: Ability to verify meter data across various sources, flag discrepancies, perform hi/lo-limit checks, deviation-limit checks, the estimate for missing data, comparison and adjustment of such data, and submissive of meter data to ISO.
- Reporting Data Management: Ability to import and view reporting data from the ISOs.
- ISO Bill Verification: Enables users to view the ISO monthly bill in detail, line item by line item, showing the ISO bill amount and corresponding internal amount calculated based upon internal data sources.
- Shadow Settlement: Calculates and produces the ISO billing statement, containing a detailed view of all the billing-related line items on a real-time basis.
- ISO Portal: Ability to view every data point of each ISO system.
- What-If Analysis: Enables users to duplicate all accounting-related data into a “sandbox” area for a specific time period. Through the normal GUI, the user invokes the “Study Mode” to formulate a scenario by altering data on various operation screens. All reports can be generated in “Study Mode” to demonstrate the effect of the data alteration.
- Reporting: Produces regulatory, financial, and analytical reports. These reports can be generated in various formats for further analysis (for example, CSV, PDF, and Excel).
