Using a multi-layered approach to energy procurement, Vervantis increases competition and reduce supplier margins using a proprietary process of intelligent segmentation. This unique methodology engages energy vendors on multiple levels, attracting more bids from more suppliers. Our specialists analyze each response quantitatively and qualitatively, which aids commercial negotiation and improves decision making.
While competitive vendor analysis and RFP processes can be useful in driving down supplier margins, in isolation, these only represent one or two percent of the spend, which is small in comparison to the timing of purchases. Using a broad range of market fundamentals and risk factors, our team can guide the optimum buying opportunity in each market.
At Vervantis, we believe transparency is essential for our clients throughout the procurement process. Using our proprietary energy management portal DataHub360™, organizations can view and track their master agreements, supplier contracts, site pricing, and live wholesale energy prices.
More sophisticated energy buyers have the option of using SourceRisk ™, a proprietary energy price risk management sourcing solution that takes the guesswork out of the art energy procurement. Click the price risk management tab below for more information.
Want More Information?
No problem. There is more information below, and we have written a guide to energy procurement that explains some of the considerations in managing an energy RFP yourself or if using a third-party, guidance on the different types of support. You can read it here.