Houston, 77002, TX,
United States
Utegration
Utegration, a prominent reseller, system integrator, and consulting company, that plays a vital role in numerous system integration and digital transformation initiatives. Utegration collaboration with software players such as Lucasys, SAP and empowers organizations to embrace disruptive technologies and accelerate their journey to the cloud, thus reshaping their business models.
| Reseller and SI | Vendor | Application | Category | Market |
|---|---|---|---|---|
| Utegration | Lucasys | Lucasys Fixed Assets | Enterprise Asset Management | ERP Services and Operations |
| Utegration | Lucasys | Lucasys Tax | Tax Management | ERP Financial Management |
| Utegration | Lucasys | Lucasys Planning and Forecasting | EPM | EPM |
| Utegration | Lucasys | Lucasys Regulatory and Rate Case Management | EPM | EPM |
| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Product | Category | When | Insight | Insight Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
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Summit Utilities | Utilities | 400 | $50M | United States | Lucasys | Lucasys Fixed Assets | Enterprise Asset Management | 2023 | ||
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Hope Utilities | Utilities | 720 | $270M | United States | Lucasys | Lucasys Fixed Assets | Enterprise Asset Management | 2024 | In 2024, Hope Utilities implemented Lucasys Fixed Assets and Lucasys Tax as its Enterprise Asset Management solution. The Lucasys Fixed Assets deployment consolidated acquired fixed-asset records, some previously tracked in PowerTax and Excel, to standardize tax depreciation processes and improve readiness for multi-state regulatory reporting across Hope Utilities U.S. operating territories. The implementation configured Lucasys Fixed Assets to serve as the centralized fixed asset register with tax depreciation schedules, asset master management, capitalization and disposition workflows, and statutory reporting feeds. Subsequent expansion into deferred tax functionality was included as part of the engagement to extend tax accounting coverage beyond initial depreciation and reporting capabilities. Lucasys worked alongside implementation partner Utegration to integrate Finance4U Extended Asset Accounting on SAP S/4HANA, aligning asset master data and depreciation posting flows between Lucasys Fixed Assets and the SAP S/4HANA finance layer. The integration architecture emphasized synchronized asset valuation and tax posting handoffs, supporting coordinated financial close and regulatory reporting processes across systems. Operational ownership landed in Finance and Tax, with rollout focused on consolidating records from acquired entities and spreadsheet-based trackers into a single Enterprise Asset Management platform. Governance changes included standardized asset accounting workflows, centralized depreciation policy configuration, and a phased deployment across Hope Utilities U.S. territories, with the engagement completing in 2024 and follow-on work to enable deferred tax functionality. | |
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Hope Utilities | Utilities | 720 | $270M | United States | Lucasys | Lucasys Planning and Forecasting | EPM | 2024 | In 2024, Hope Utilities implemented Lucasys Tax and initiated deployment of Lucasys Planning and Forecasting within its EPM portfolio, engaging vendor Lucasys for tax and planning functionality. The program targeted standardization of tax fixed asset data across Hope Utilities U.S. operations to support tax accounting and regulatory reporting. The Lucasys Tax deployment converted and standardized tax fixed asset records, including assets from recent acquisitions, to create a unified repository for tax accounting and regulatory reporting. Lucasys Planning and Forecasting is positioned alongside Lucasys Tax to provide EPM capabilities such as integrated financial planning, forecasting and scenario modeling that align standardized tax asset data with planning workflows. Configuration emphasis included tax fixed asset data modeling, master data normalization and mapping tax attributes into planning data structures. Implementation services were delivered jointly with Utegration, leveraging EAA and SAP domain expertise to align data ingestion and reporting workflows. Integrations focused on consolidating fixed asset tax registers into the Lucasys repository and propagating standardized asset attributes into planning workflows and regulatory reporting processes across Hope Utilities U.S. operations. The technical architecture used centralized data consolidation and controlled staging layers to preserve auditability of tax asset conversions. Governance actions established a single source of truth for tax fixed assets, introducing standardized controls and data lineage to support tax accounting and regulatory reporting processes. The combined Lucasys Planning and Forecasting and Lucasys Tax deployment formalizes an EPM centric linkage between tax fixed asset master data and enterprise planning and reporting functions. | |
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Utilities | 400 | $50M | United States | Lucasys | Lucasys Regulatory and Rate Case Management | EPM | 2024 |
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Utilities | 720 | $270M | United States | Lucasys | Lucasys Regulatory and Rate Case Management | EPM | 2024 |
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Utilities | 400 | $50M | United States | Lucasys | Lucasys Tax | Tax Management | 2023 |
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Utilities | 720 | $270M | United States | Lucasys | Lucasys Tax | Tax Management | 2024 |
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Oil, Gas and Chemicals | 16248 | $82.7B | United States | SAP | SAP S/4 HANA | ERP Financial | 2019 |
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Buyer Intent: Companies Evaluating Utegration Services
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