Certa Asset Management Solutions

Utilities have a lot to be gained – and lost – from the assets that make up the operational network. In order to maximize the value of these assets, employees throughout the organization need access to a detailed and reliable asset inventory, insight into equipment operations, and accurate operating information to make strategic network design decisions that help optimize the use of assets and minimize technical energy losses.

CertaLogic’s Certa Asset Management Solutions Suite for Utilities includes robust Certa Project Construction Management and Certa Asset Tracking and Valuation applications designed to help utilities address these issues. Organizations realize significant business value from these applications due to the unparalleled information quality delivered by the underlying Certa Platform – no matter how many or which products they use.

Certa Project Construction Management

Maximizing the value of network assets starts during the design and construction process. Unfortunately, many utilities are challenged by an inadequate view of the network model and the complexities of coordinating activities with multiple internal and external parties. Inefficient management of the design cycle results in less-than-optimal utilization of assets and missed project milestones.

Certa Project Construction Management provides the necessary staking and construction management functionality needed by today’s utilities. With Certa Project Construction Management, utilities can easily manage the overall design, costing, planning, and construction process, working end-to-end from an accurate network model. By providing tools that enable improved design cycles and allowing utilities to take projects into the field, the product facilitates increased engineering productivity. And utilities can easily group information by project and share design drawings with all constituents.

By gaining the ability to efficiently manage the project generation process, engineers are able to execute construction projects on time and within budget. The product helps organizations track and audit project costs and streamlines the end-to-end capital expenditure process through the use of a single application. At the conclusion of a construction project, the utility has an accurate view of the actual network, enabling customer-facing employees to deliver reliable responses to customer inquiries about service activation.

Certa Asset Tracking and Valuation

Because financial organizations track network assets at an aggregated level, they struggle to accurately match physical assets to the corresponding financial asset value. In the end, this results in valuation errors and audit risks. With Certa Asset Tracking and Valuation, utilities can track physical assets, quantities, and costs as they are used in construction projects, and can drill down within a project to the equipment level and track the asset and its location over time. The finance group can assign values to assets based on a number of criteria, including type and age. The Certa Asset Tracking and Valuation Solution then enables finance to calculate all asset values within any territory defined, providing granular detail for entire service regions. The product supports multiple network asset valuation methods based on distinct sets of reference prices. With Certa Asset Tracking and Valuation Solution, utilities can easily support merger and acquisition activities and confidently provide accurate detail in tax, audit, regulatory, and other reports.

With Certa Asset Management Solutions, utilities can optimize the value of network assets while mitigating technical energy losses.