Wind Generation Management - Software Solution

Software to address key business processes for acquiring, developing and operating wind generation projects

• Prospect acquisition - during the development phase, provide real-time collection, tracking and management of data related to acreage under control (for details, see Quorum Land Acquisition)
• Lease and easement management - capture, track and manage all land-related information, including leases, easements, fee property and contracts (for details, see Quorum Land Management)
• Royalty distribution - revenue accounting and royalty distribution for wind generated power sales (for details, see Quorum Royalty Management)
• GIS - visualization of assets and activities managed in other systems (for details, see Quorum GIS)

Quorum Wind Generation Management

Input Data Project & parcel information, acreage Scanned documents Lease, fee, easement, contract terms Property description, acreage, ownership information Royalty contract terms Production input

Information Managed Obligations, provisions Recordation information Payments such as option fees, surface rentals Chain of title Related agreements Related turbines Financial transaction history Audit history Parcel, project status Project management Sales calculation Land ownership, complex payment terms Up front payments Payment in arrears (true-up) Variable payment frequency Inflationary payments Fee & tax calculations   Processes Analysis Acquisition progress Lease, title Payment approval & payment processing Sales valuation Royalty calculation, distribution Regulatory, ad-hoc reporting Mapping Acquisitions, dispositions   Deliverables Project, parcel acreage status reports & maps Data sheets Alerts & electronic notifications Prior period notifications Spatial analysis:  Calculate interests by depths & formations Escheat & escrow payments Checks & invoices 1099 file

Output Data Other enterprise system integrations to Royalty Management, Financial, Turbine, document management,  GIS systems

Why Quorum Wind Generation Management?

• User-defined configurability to map to your company's specific business process requirements
• User-configurable rules and workflow procedures used to ensure data integrity
• Easy access to, and dissemination of, accurate and useful information
• Degree of access can be granted to users across the enterprise in a logical, secure manner, according to user-defined role definitions
• Product evolution is directed by an active user group
• A component of Quorum's enterprise wide energy software solution portfolio - can be deployed stand-alone or integrated with other enterprise solutions

Quorum Wind Generation Management is used by various industry participants (large and small) across the renewable energy value chain. 

Wind generation management spans a number of key business processes. Quorum provides other software solutions to support this and other related business processes.

Contact Quorum Business Solutions to learn more about the Quorum Wind Generation Management software solution.