NERC Compliance Software
Managing Regulatory Compliance for Energy and Utilities Sector:
NERC Compliance Management Software
Since 2006, the North American Electric Reliability Corporation (NERC) has helped maintain the reliability of the North American bulk power system by developing and enforcing certain regulations. For electric utilities, complying with these regulations is nothing short of Herculean, considering that there are 94 mandatory compliance standards with over 1,000 individual requirements. Compounding the challenge is the growing incidence of security threats, diminishing budgets, accelerating changes in the NERC standards, and increasing regulatory pressure. Violations of a NERC standard can invite fines of up to $1 million per day per violation.
MetricStream helps utilities strengthen and simply the management of all NERC compliance requirements. The solution provides an integrated set of applications to streamline and automate end-to-end NERC compliance processes, while consolidating all compliance activities, data, and initiatives in a centralized framework. This enables a systematic, collaborative, and closed-loop approach to NERC compliance. Powerful dashboards and reports provide real-time visibility into NERC compliance processes, as along with intelligence and data to facilitate proactive and sustainable compliance.
NERC Compliance Standards
Key Capabilities of MetricStream NERC Compliance Management Solution:
Benefits of the MetricStream Solution