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SigmaFlow, a compliance process execution solutions company, has launched an online North American Electric Reliability Corp. (NERC) critical infrastructure protection (CIP) return on investment (ROI) calculator to help electric utility companies realize cost and time savings when selecting an automated software solution to manage NERC CIP compliance processes.

SigmaFlow says its NERC CIP ROI calculator shows how optimizing resources and automating tasks results in tangible savings and reduced operational risk.

The company reports that utilities 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 and associations, work scheduling and oversight, issue and exception management, oversight and issue identification, standards maintenance, and audit package generation.

"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 time frame," comments Terry Schurter, vice president of NERC solutions at SigmaFlow. "The ROI calculation report can be used as a supporting document for initial team discussions between compliance, [information technology] and purchasing."

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