Energy & Transportation
The Energy and Transportation/Logistics industries are highly regulated and under increased scrutiny since 9-11. When you add the microscope of Sarbanes-Oxley legislation you end up with compliance burdens that often impact performance management efforts.
When energy and fuel prices fluctuate, revenue, inventories and reserves must be carefully assessed for accurate financial reporting and performance management purposes. At the same time, compliance managers must be certain that all required regulatory compliance steps are taken and reported to the relevant agencies including FERC, NERC, DOT, etc. In the end, financial and compliance management must be certain that its methods, actions and results are transparent and performed in the most efficient manner possible.
For these reasons, forward-looking financial and compliance managers are using the Movaris Unity suite of applications to meet their financial reporting and compliance needs.
To learn more:
Movaris Unity
Movaris OneClose
Related Press Releases:
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10/14/05 - Energy company Questar selects Movaris for the management and improvement of their accounting control environment |