Power Industry Reporting Software: Key Considerations

When searching for high level power industry reporting software, your entity must consider a multitude of factors including price, efficiency, scalability and security. Beyond these standard factors, your business needs power industry reporting software that offers high-level, value-added features that help you power the world.

Versify Solutions, the leading provider of software solutions for the power industry, has put together a list of key requirements and considerations for you when you are choosing a software platform.

Choose a platform.

Gone are the days of simply choosing a software program and installing it on each computer in your plant. To keep competitive and always up-to-date, choose a software platform that is a full operating system, like the Versify Operating System. By choosing a platform, you can add, remove and update your operating system to include the latest and greatest in applications. A platform can be customized for your operation, updated constantly and always have exactly what you need when you need it.

Make sure your platform can manage all data.

Your power industry reporting software needs to power all your data. It cannot just power your generation data or your outage data or your NERC security data. It must be able to process a multitude of data types, automatically and then relate that data to your required reports.

Whether you are working towards managing NERC compliance, outage planning for your regional ISO or managing high level trades for your energy portfolio, you need your data to be used instantly.  All applications on the Versify Operating System feature customized automated data capture, as well as the ability to use data appropriately and intelligently across reporting modules.

Your platform needs data from outside sources.

You do not work in a vacuum. While your platform is busy capturing and storing and analyzing your data, it also needs to relate your data to outside resources. Portal Compliance, Versify’s signature NERC compliance software solution, comes preloaded with all 90 NERC Reliability Standards. V-Trader, an application specifically for energy traders, includes market data and ISO trend reports helping you with pricing, liquidations, trades and acquisitions. V-Performance, with its outage planner, is preloaded with ISO outage planning requirements. All of the Versify applications take your data, relate it to external data and provide you with the intelligence you need!

The only choice is the Versify Operating System! Call us today to schedule a consultation, request one of our white papers and to design a custom power industry reporting software solution for your entity!