OFWAT June Return is the primary source of information required consisting of daily information collected directly from each of the water and water and sewerage companies in England and Wales. All the companies are required by their Licence to make an annual return to OFWAT covering their activities in the previous financial year.

OFWAT (The Water Services Regulation Authority) is the economic regulator of the water and sewerage companies in England and Wales. Ofwat ensures that water companies provide household and business customers with a good quality service and value for money.

June Return Reporting objectives:

• Monitor companies’ progress towards achieving high quality objectives

• Ensure that customers’ standards of service are protected

• Compare performance between companies over periods of time

• Measure and compare their costs

• Prepare for the next review of price limits

Tagetik 4.0 helps water and sewage companies provide an end to end June Return management system that incorporates processes that are normally difficult to control, manage and audit: the annual return covers their activities for the previous financial year and is sent to OFWAT each June.

To support the June Return Reporting process Tagetik 4.0 delivers:

• Management of Ofwat Tables

• Approval process

• Automated and manual collection of the data

• User oriented workflow

• Text handling and custom formulas

• Full audit trial of changes

• MS Office suite integration

Discover how Tagetik 4.0 helps companies deliver their June returns:

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