Fortech's Settlements Management Solutions (SMS) provide clients easy to use Web based and integrated software that can improve the accuracy & efficiency of the complex ISO settlement process while eliminating costly penalties. Fortech’s solutions consist of the following configurable modules: |
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Collect meter data files from various MDMA's & Scheduled via Configurable Scheduler |
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Validation of incoming meter ID with existing meter names / ID |
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Process edited files into a database |
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Mitigate duplicate file processing
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Pulls distribution loss factors from external UDC websites & Scheduled via Windows Scheduler |
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Stores downloaded files into a local file storage server and to a database |
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Stores processed data into pre-defined database |
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Aggregated meter data submitted to ISO and to the respective UDC’s (Can be scheduled) |
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Aggregated data is written to a MDEF, CSV or other formats |
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Settlement Acknowledgement |
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Processes settlement acknowledgement files received from ISO |
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Perform additional verification from 3rd party sites (such as OMAR) |
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Automate change request based on calculated deviations |
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Generate change request forms to be submitted to ISO |
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Undo / Adjust an existing Change Request |
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Audit log |
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Reports |
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Improve your organization’s Efficiency & |
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Reliability |
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Eliminate duplicate data entries |
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Reduce the Settlement cycle time |
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Improve the regulatory response time and |
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avoid costly penalties |
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Achieve an immediate impact on ROI |
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Analysis of your existing system and |
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development of scope of work as needed |
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Post Implementation support (optional) |
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Configuring & Implementation of Fortech’s |
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Meter Data Settlements Solution for your |
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business practices & systems |
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