Risk Compliance Automation – Deal Close Validation

This process supports the final validation of contract to ensure the contract attributes on the customer signed paper matches the contract attributes in the Risk and CRM systems. Once validated, the close process locks in the active contract to allow for hedging, market enrollments, load forecasting, commission payments and financial and performance reporting. Manual handling involved risks involved like Inaccurate validation/confirmation results in inaccurate hedging, inaccurate market enrollments, inaccurate load forecasting, inaccurate commission payments, inaccurate financial and performance reporting and many customer complaints.