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 SAP, Lucasys 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 |
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| 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 |
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Energy Transfer LP | Oil, Gas and Chemicals | 16248 | $82.7B | United States | SAP | SAP S/4 HANA | ERP Financial | 2019 |
In 2019, Energy Transfer LP migrated from SAP ERP ECC 6.0 to SAP S/4 HANA to centralize financials and manage a vast asset footprint that spans over 130,000 miles of pipelines across 44 states and extends into Canada, Mexico and China. The SAP S/4 HANA implementation served as the companywide ERP Financial platform to consolidate multiple ERP instances, centralize operations, and streamline integration of acquisitive growth into a single system of record.
Energy Transfer implemented core asset accounting and regulatory reporting capabilities in SAP S/4 HANA augmented by the SAP certified Finance4U add on from Utegration. Finance4U was extended in collaboration with Utegration to support multi ledger requirements for tax, regulatory, and GAAP reporting and to address group depreciation limitations native to SAP. The combined configuration delivered capabilities for asset retirement and transfer of regulatory assets, centralized group depreciation calculations, and enhanced reporting and audit support that were previously difficult to produce directly from the ERP.
The deployment was executed as a phased program with mock load cycles and a controlled pause for extensive training and conversion refinement, enabling iterative reduction of master data issues prior to final cutover. Finance4U was integrated directly into the SAP S/4 HANA environment by Utegration, enabling Energy Transfer to maintain a clean core strategy with minimal bespoke customization. Post go live, the integrated S/4 HANA and Finance4U landscape supported the rapid assimilation of acquired asset portfolios, with four large acquisitions incorporated into SAP within a 90 day timeframe each.
Governance and process changes emphasized centralized financial controls, multi ledger governance for regulatory reporting across FERC regulated companies, and stricter conversion and testing discipline to handle group assets that number over 100,000 items. Collaboration with Utegration and SAP focused on improving conversion throughput, moving a process that initially took weeks to one that could be run in just a few days. The implementation yielded explicit operational outcomes including faster and more accurate month end close, reduced manual processing, and improved regulatory reporting and auditability while preserving upgradeability through a clean core approach.
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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 Tax | Tax Management | 2024 |
In 2024, Hope Utilities implemented Lucasys Tax as a Tax Management solution to consolidate tax fixed asset data following several acquisitions. The Lucasys Tax deployment was scoped to centralize tax fixed asset reporting for the companys finance and tax functions across multiple U.S. states.
The implementation migrated balances from PowerTax and Excel into a single tax fixed asset repository, consolidating tax basis, state-level timing differences, and asset tracking into the new Lucasys Tax environment. Configuration work focused on establishing a unified tax fixed asset register and standardizing depreciation and timing treatments to support consistent tax reporting across reporting entities.
Hope Utilities delivered Lucasys Tax alongside Utegrations Finance4U Extended Asset Accounting on SAP S/4HANA, creating an integrated accounting and tax architecture that aligns the tax fixed asset repository with asset accounting. Integrations were implemented to synchronize asset-level data and enable reconciliations between Lucasys Tax and the SAP S/4HANA accounting layer through the Finance4U solution, supporting combined finance and tax workflows.
Governance and rollout were coordinated between finance and tax teams and executed with Utegration as the systems integrator, including migration of historical balances and establishment of centralized tax data stewardship. The combined Lucasys Tax and Finance4U deployment supports faster, more accurate regulatory reporting as the outcome explicitly stated in the project brief.
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Utilities | 720 | $270M | United States | Lucasys | Lucasys Planning and Forecasting | 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 Fixed Assets | Enterprise Asset Management | 2023 |
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Utilities | 400 | $50M | United States | Lucasys | Lucasys Tax | Tax Management | 2023 |
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Utilities | 400 | $50M | United States | Lucasys | Lucasys Regulatory and Rate Case Management | EPM | 2024 |
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Buyer Intent: Companies Evaluating Utegration Services
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