Energy and utility procurement is much more complicated than signing a contract and hoping you’ve made the right decision. It takes a lot of research and, even more importantly, an understanding of the energy and utility landscape. For businesses, the way they handle utilities will inevitably influence how much money they spend and how much energy they save — two things that can drastically change your fiscal outlook. To understand the best solution, we carefully consider options from energy suppliers, regulated utilities, and SourceRisk™, our unique dynamic price risk management solution.
Our utility bill management program automates the collection, payment, and validation of invoices. The speed and accuracy of payments, exception resolution and open close management from our team of billing experts make late payment fees and disconnections a thing of the past. A financial-grade utility dataset supports utility management programs and helps accounts payable teams lower administration cost by up to 75%.
Fixed price supply agreements can bring as much risk as indexed based contract structures. Finding the right balance of risk is important to control exposure to both price and the competition. SourceRisk™ is a proprietary risk management solution that accurately measures the risk you take and keeps it in the range you allow. Using dynamic supply agreements, we enable organizations to avoid volatility by fixing volume if markets rise and unfixing if they fall.
The need for organizations to access and evaluate energy data on demand has never been greater, especially while sourcing. Vervantis enables data analysis to be viewed using its secure cloud-based platform DataHub360™ which allows organizations to report on their energy, utility, sustainability, and bill management programs instantly.
Every Rate Analyzed
Every Utility Checked
That's a lot of data!