Electric Companies Determine Their Significant Time and Cost Savings by Automating Various Processes for Managing NERC CIP Compliance
SigmaFlow, a leading provider of compliance process execution solutions, today launched an online NERC CIP ROI Calculator to help electric and renewable utility companies realize significant cost and time savings when selecting an automated software solution to manage NERC CIP Compliance processes. SigmaFlow’s NERC CIP ROI Calculator shows how optimizing resources and automating tasks results in tangible savings and reduced operational risk.
“Electric utility companies are looking to streamline their NERC CIP processes and many of them are transitioning from manual or dispersant systems where resources are spending many hours collecting compliance data, managing documents, or producing evidence reports,” said Terry Schurter, vice president of NERC solutions at SigmaFlow. “We wanted to provide a simple but comprehensive report showing the savings in hours and dollars related to automating all the NERC CIP compliance tasks along with an estimated break-even timeframe. The ROI Calculation Report can be used as a supporting document for initial team discussions between compliance, IT and purchasing.”
Companies can submit their information online regarding current hours and costs in various areas of NERC CIP compliance management, such as:
- Data Driven Evidence Report Generation
- RSAW Generation
- Collection of Compliance Data
- Management of Documents & Associations
- Work Scheduling & Oversight
- Issue & Exception Management
- Oversight & Issue Identification
- Standards Maintenance
- Audit Package Generation
SigmaFlow plans to release an ROI Calculator for 693 Compliance later this year.
For more information, including pricing for SigmaFlow’s NERC CIP & 693 Compliance Manager solution or to schedule a demo, contact us today.
SigmaFlow is a leading provider of process execution solutions for public utilities and the upstream oil & gas industry. The company’s solution portfolio includes Well Delivery, Compliance Manager for CIP & 693, and Product Management.