Case Study: WEC Energy Group achieves faster, more accurate revenue forecasts and streamlined regulatory reporting with insightsoftware's Longview Plan

Yield Better Data to Support Decision-Making and Regulatory Requirements at WEC Energy Group

WEC Energy Group, a regulated utilities holding company, faced slow, error-prone revenue forecasting driven by a patchwork of legacy tools across its subsidiaries and mounting regulatory demands for detailed data to support rate cases. To accelerate forecasts, standardize processes, and improve data quality, WEC selected insightsoftware’s Longview Plan as its single planning, budgeting, and forecasting platform.

insightsoftware implemented a consolidated Longview Plan instance configured for WEC’s complex rate-design models, enabling greater automation, built-in validation, and flexible modeling down to the customer level. The deployment reduced manual effort and forecast cycle time, surfaced errors much earlier (previously late errors could delay schedules by up to two weeks; reruns now take minutes), simplified regulatory data extraction, improved executive and auditor confidence, and made cross-training and M&A onboarding far easier.

WEC Energy Group

David Clabots

Manager of Sale and Revenue Forecasting