We provide solutions in...

We provide solutions in…
Accounting Process Automation

Request a Consultation    About HOC
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What makes HOC click

HOC is a New York based software products and services company specializing in solutions specially designed for the Energy Trading and Risk Management space. For more than 18 years, we have always strived to provide cutting edge, refined solutions that are traditionally the purview of much larger companies.

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How are we successful in solving problems

HOC’s commitment to a boutique style client relationship empowers us to be resource efficient, responsive, and adaptive. Our team is comprised of a seasoned and professional mix of individuals. Our commitment to deliver large increases in utility and productivity helps to fuel our passion in building solutions that solve industry specific challenges as naturally and intuitively as possible.

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Process
Re-Engineering

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Future-Proof
Technology

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Customer
Centric Culture

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Industry
Expertise

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Partnership
Model

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Hybrid Development
Model

Meet ePic, HOC’s Enterprise Platform for Integrated Compliance

ePic is a multidimensional toolkit designed from the ground-up to help organizations automate their complex compliance requirements

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What is ePic

Enterprise – Cater to multiple teams, automate multiple processes, talk to disparate sources
Platform – An Enterprise-wide solution is akin to a puzzle – each piece should seamlessly connect with the other to get the complete picture. Our platform solves this puzzle
Integrated – Unified control of all aspects of your enterprise
Compliance – Fulfill all internal and external compliance rules and policies around risk mitigation and accurate reporting

ePic
Features

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Data

ePic enables you to pull enterprise-wide data (systems, databases, files, APIs) together faster and easier than any other tool on the market. Integrate with disparate source systems and user inputs for an accurate and always up-to-date version of the truth

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Business Logic

With a combined power of a Rules Engine, a Mapping Layer and a Business Layer – ePic can handle a broad spectrum of business processes encountered by the modern Enterprise.

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Controls

ePic’s exception reporting, custom validations, audit trails, and user permissions helps maintain data integrity across your organization. ePic’s powerful Notification layer is a proven champion at keeping our users abreast with the latest bit of system info or actionable items.

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Reporting

Easily create powerful and stunning reports. Tight integration with Tableau or MS Power BI provides unparalleled insight into your business. ePic integrates seamlessly with downstream systems and passes the data baton in their native format.

Our Clients

Proudly serving enterprise business since 2001

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What Our Clients Say

Our quarter-end closing process is much more streamlined after implementing RPM, and we are able to focus more of our time on analyzing the results.The entire HOC team was very pleasurable to work with while implementing RPM. They went above and beyond to ensure we reached the right solution.

Manager, Supply Accounting - PPL

RPM significantly improved our month-end close and quarterly reporting process, by retrieving trade data from Aligne and automatically mapping the information to designated general ledger accounts in SAP. The result significantly increased our operating efficiencies (and internal controls). We no longer have to order late night dinners during the month-end close!

Power Accounting - PSE&G Energy Resources & Trade LLC

RPM has proven to be very beneficial to my daily monitoring tasks as well as all of my monthly compliance packages. Prior to RPM, the manual process would take up to days to gather data and create slides. Utilizing RPM allows us to maintain a daily ongoing file, and when we are ready we can easily run the report and have the slides created within 30 minutes or less.

Trade Compliance Manager - NRG Energy

HOC was able to bring to life an exchange limits system at a fraction of the cost of something built by large banking institutions, which deployed at NRG, has protected the company from exceeding limits exposure on serveral occasions.

Director, Regulatory Compliance - NRG Energy

The HOC team provided the RPM solution for end-to-end process automation, auditable centralized financial data repository, exception monitoring, and on-time delivery through scheduled batches. It's not about creating a black box solution, rather implementing a self-service model. It's always a pleasure working with HOC Team.

Senior Manager,Risk Reporting - NRG Energy

In terms of bespoke product development, HOC is a hidden jewel. Companies can have a rich experience if they work with this gem of a company. While I can write pages on my experience, it is sufficient to say that if dream of a product or a technical solution to solve a business problem, HOC will help you realize your dream.

Senior Manager, IT - NRG Energy

The best part of working with HOC is their support. If you open a ticket, it gets addressed almost immediately. They're always available, and if we need something customized HOC gets it done, no question asked. They helped us reduce reporting time from a week to a single day

Accounting and Finance - Kindle Energy LLC

Efficient, effective, auditable, flexible and scalable are the keywords that come to mind in describing the benefit of deploying the RPM solution to automate the preparation of financial reporting footnotes and disclosure tables. Not only did we see a significant reduction in the cycle time to get external reports out, now we can prepare the ASC 815 and MD&A footables for any accounting period close accurately and within hours of the risk or accounting system being refreshed with new records

Director, Financial Accounting & Reporting - World Fuel Services

We were trying to create a precise disclosure process with an underlying process that was anything but precise. As we went through the process we found so many things that we weren't able to fix. This is where the flexibility of the HOC team really stood out. They were malleable to an underlying broken process.

VP Global Controller - World Fuel Services

We never really signed on because of the platform, there are platforms all over the place. Like any solution, they're customizable, it's the team you sign up for.

Chief Accounting Officer - New Fortress Energy

HOC provided excellent knowledge and guidance while building SEC disclosure in the RPM system. They provided us with staff that was experienced and could help us navigate through our current process and find solutions to implement into RPM. HOC is punctual in their response time and recognized the urgency of accounting timelines. The success of our implementation started with HOC and their staff.

Accounting Specialist - Talen Energy
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Talen Energy

This US-based energy utility achieved back office derivative process consolidation and end-to-end automation around Journal Entry and SEC Disclosure reporting using RPM.

Read the Case Study

 

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PSE&G

PSE&G was able to leverage HOC to cut between 7 and 10 days off of the time it took to aggregate the necessary information to populate footnotes while reducing overall risk.

Case Study

What can HOC do for you!

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