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Innovations for the Administrative Area of Power Transmission Companies

March 14, 2019 Carolina Barreto

Innovations for the Administrative Area of Power Transmission Companies

Here you will find the best administrative model for power transmission companies looking to move up to a new level of technology and modernity

You can certainly find a whole range of tools online that promise solutions for the various areas of a power transmission company.

But what truly establishes a technology as innovative and capable of taking your transmission company to a new level?

We are certainly talking about technology combined with management.

A disconnected administration is still the reality for many

Our team did the research, and what we see today are power transmission companies managing their departments with a different piece of software in each area of the business, or even with auxiliary management tools such as free tracking apps or paper files.

Have you ever imagined having complete administrative management that integrates every area of your transmission company, along with the people involved in running the business?

That is already a reality. Solutions that integrate all areas of your company as if every system were one are already available in the technology market for the electric sector.

What would an ideal administrative area look like?

Does your administration integrate the various departments within the transmission company, getting everyone moving toward the same goal? If the answer is no, take a look below at the Useall model for managing a power transmission company.

Integrated purchasing management

Ideal purchasing management follows the process from the moment the need to buy a product or service arises — usually identified by professionals in the operational area — integrating purchase costs with the finance department, accounting, and the people responsible for quality management processes. In a single paragraph, we have just brought together at least 4 different areas within a power transmission company, all working in the same flow. Does your transmission company already coordinate processes this way?

Warehouse and inventory management aligned with ANEEL

Efficient control of the materials needed to meet project demand helps reduce unnecessary spending on emergency purchases and the payment of penalties for project delays. The way the Useall system was modeled means deep expertise is not demanded of the operator — while professionals carry out their work, the system ensures these transactions comply with the sector's regulations.

Financial management responsible for your company's economic health

As mentioned earlier, company purchases — whether related to supplies or even materials for construction projects — are fully connected to the company's finance department. Through its accounts payable and accounts receivable features, the Useall system takes care of delivering excellence in controlling the transmission company's cash flow.

Asset management and work-in-progress orders

Our processes for managing purchasing, materials, construction projects, and work-in-progress orders were developed so companies can build and control their fixed assets with greater precision, given how significant those assets are in the formation of their tariffs. Because the E2 system's project management tools apply more intelligence to the process, the result is greater reliability in asset formation, making it easier to substantiate — and secure remuneration for — the investments made in the transmission network.

Budget management

We now arrive at an area that demands an even more refined and deliberate level of economic planning from a power transmission company. Budget management powered by Useall technology delivers this planning in an automated way, better channeling the efforts of the teams and people involved in reaching budget goals. And remember: once again, the team responsible for budgeting is fully integrated with the purchasing department — and, consequently, with the other departments such as warehouse, finance, accounting, and quality management.

Tax bookkeeping

Tax bookkeeping tailored to the electric sector is generated from the movement of the transmission company's inbound and outbound invoices, based on pre-configured transactions, so it does not require deep expertise from the system operator.

This ensures the company's tax rules are applied naturally, safely meeting the reporting requirements owed to tax authorities at the federal, state, and municipal levels.

A cloud system to keep your data protected

On top of all this integration, the solutions offered by Useall technology take your company to the cloud. With a 100% online tool, your data stays secure virtually, with no need for physical backup routines, which carry inherent risks due to their external nature.

How can you learn more about these solutions?

To learn more about Useall's solutions — or to request a demo from our team — just visit our website or send an email to our team: transmissao@useall.com.br.

It will certainly be an honor to talk with you and understand exactly what you need in order to evolve.

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Originally published in Portuguese at useall.com.br.