The ISO selected Lodestar's BillingExpert as the solution product and Wipro began work in October, 2000. Wipro implemented a complex revenue distribution model for ISO Transmission Owners, Design and implement a custom interface from Lodestar to the ICCS Market Database. We also implemented an interface to Oracle Financials for invoice creation and accounting, automated multiple daily and monthly settlement runs and created custom output in XML format for display via the Web. |
As a result of the solution built by Wipro, the ISO is able carry out billing calculations for 10 different tariff schedules based on ISO's Open Access Transmission Tariff which include Firm, Non-Firm, and Network Transmission Reservations, Ancillary services and Energy Balance. Through very tight deadlines, the Wipro team delivered the required functionality within the parameters of the original project schedule, effectively making up for 4-5 months of lost time. We provided several business critical functionalities such as Rate Capping, Dispute Management, Payment Shortfalls, Loss Cash Payments, Congestion Management and Penalties. |