We surveyed hundreds of finance and accounting employees in public utilities regarding their current fixed asset accounting practices and future priorities. The responses identified three key areas of focus which can help you evolve your approach to fixed asset accounting:
- Critical workflows are fragmented across multiple departments
- Lack of a single, auditable data truth for all departments
- Municipal utilities are seeking reliable, secure alternative that reduces costs and enables staff to focus on higher value projects
See what trends the survey revealed for public power and best practices your team can take away to stay ahead of the curve.