Revenue Assurance As a Service (RaaS)
Revenue Assurance As a Service (RaaS)
Revenue Assurance As a Service (RaaS) leverages market leading software, our expertise and your data to maximise returns.
Effective revenue assurance practices are crucial for retail energy companies in today’s dynamic market, where customer expectations are rapidly evolving and margins are increasingly tight. By implementing comprehensive revenue assurance strategies, energy retailers can ensure that their billing and revenue recognition processes are accurate and efficient, reducing the risk of revenue leakage and mitigating potential losses due to billing errors or bad data. As such, revenue assurance has become an essential component of operational excellence for retail energy companies in today’s competitive marketplace.
EGC partners with Energetiq, the leading settlement platform in Australia, to provide energy retailers with a cost-effective solution for ensuring the accuracy of their network and metering settlements. Our automated process is managed by our experienced team in Australia and New Zealand, effectively resolving disputes while saving time and money.
EGC’s Network and Metering reconciliation services are tailored to energy retailers of all sizes. Our streamlined implementation process makes it easy and quick to set up, taking the burden off your technology teams. Furthermore, our multi-tenanted software license lowers cost barriers previously faced by some retailers.
Our suite of services also includes Global Settlements, which uses automated processes to reconcile your AEMO charges at the NMI level, something that is unfeasible manually. This service is essential for energy retailers to gain confidence before paying their bills.
RaaS delivers:
- Reduce Manual Handling
EGC will integrate with your finance and billing teams to ensure the smooth and accurate processing of bills. EGC run automated control checks on a daily basis to ensure we have your most up to date market data.
- Pay Your Bills With Confidence
RaaS helps ensure you don’t pay more than you are required to and neither do your customers.
- Optimise Cashflow
Incorrect invoices are not paid until disputed charges are resolved with the network. This provides a positive cash flow benefit for your business.
- Ensure Market Compliance
RaaS ensures you maintain market compliance throughout. This includes ensuring reports and disputes are raised and lodged within the regulated timeframes.
Contact us for a demo today.
“Save Time. Save Money.”
Revenue Assurance As a Service (RaaS) leverages market leading software, our expertise and your data to maximise returns.
Effective revenue assurance practices are crucial for retail energy companies in today’s dynamic market, where customer expectations are rapidly evolving and margins are increasingly tight. By implementing comprehensive revenue assurance strategies, energy retailers can ensure that their billing and revenue recognition processes are accurate and efficient, reducing the risk of revenue leakage and mitigating potential losses due to billing errors or bad data. In addition, revenue assurance programs can help energy retailers maintain customer trust by providing transparency and accuracy in their billing practices, improving customer satisfaction and loyalty. As such, revenue assurance has become an essential component of operational excellence for retail energy companies in today’s competitive marketplace.
EGC partners with Enegetiq, the leading settlement platform in Australia, to provide energy retailers with a cost-effective solution for ensuring the accuracy of their network and metering settlements. Our automated process is managed by our experienced team in Australia and New Zealand, effectively resolving disputes while saving time and money.
EGC’s Network and Metering reconciliation services are tailored to energy retailers of all sizes. Our streamlined implementation process makes it easy and quick to set up, taking the burden off your technology teams. Furthermore, our multi-tenanted software license lowers cost barriers previously faced by some retailers.
Our suite of services also includes Global Settlements, which uses automated processes to reconcile your AEMO charges at the NMI level, something that is unfeasible manually. This service is essential for energy retailers to gain confidence before paying their bills.
RaaS delivers
- Reduce Manual Handling
EGC will integrate with your finance and billing teams to ensure the smooth and accurate processing of bills. EGC run automated control checks on a daily basis to ensure we have your most up to date market data.
- Pay Your Bills With Confidence
RaaS helps ensure you don’t pay more than you are required to and neither do your customers.
- Optimise Cashflow
Incorrect invoices are not paid until disputed charges are resolved with the network. This provides a positive cash flow benefit for your business.
- Ensure Market Compliance
RaaS ensures you maintain market compliance throughout. This includes ensuring reports and disputes are raised and lodged within the regulated timeframes.
Contact us for a demo today.
Our Services
We deploy RaaS for our clients in the following ways:
- Monthly: an automated monthly reconciliation service for network and metering charges
- One off: a retrospective reconciliation (~12 month look back on fees paid)
- Ad-hoc: verify charges and tariffs to ensure accuracy
To find out about our quick and simple implementation and how RaaS can benefit your business, contact us.
Our Services
We deploy RaaS for our clients in the following ways:
- Monthly: an automated monthly reconciliation service for network and metering charges
- One off: a retrospective reconciliation (~ 12 month look back on fees paid)
- Ad hoc: verify charges and tariffs to ensure accuracy
To find out about our quick and simple implementation and how RaaS can benefit your business, contact us.
Leveraging market leading software, our expertise and your data to deliver maximum results.
Leveraging market leading software, our expertise and your data to deliver maximum results.
Our Capabilities
Network & Metering Reconciliation
- Automated monthly reconciliation service. We compare your network and metering invoices with market data and raise disputes which are monitored through to resolution.
- Reduce Manual Handling
- Pay Bills with Confidence
- Optimise Cashflow
- Ensure Market Compliance
Network Tariff Optimisation
- Optimise your existing Network Tariffs for your customers. We offer recommendations to key customers and accommodate change management required in the market.
- Customer Friendly Reports to NMI Level
- Save Customer's Costs
- Value Add for Customers
- Churn Reduction
- Margin Protection
Global Settlements
(AEMO Invoices)
- Reconciliation, disputes, and resolution of weekly wholesale AEMO settlement charges. Be confident before paying/disputing invoices using NMI level data.
- Manual Reconciliation is very Challenging
- UFE and 5MS make Data Handling difficult
- Early Identification of Compounding Errors
- Preserves Cashflow
Our Capabilities
Network & Metering Reconciliation
✓ Automated monthly reconciliation service. We
compare your network and metering invoices with
market data and raise disputes which are monitored
through to resolution.
✓ Reduce Manual Handling
✓ Pay Bills with Confidence
✓ Optimise Cashflow
✓ Ensure Market Compliance
Network Tariff Optimisation
✓ Optimise your existing Network Tariffs for your
customers. We offer recommendations to key
customers and accommodate change management
required in the market.
✓ Customer Friendly Reports to NMI Level
✓ Save Customer’s Costs
✓ Value Add for Customers
✓ Churn Reduction
✓ Margin Protection
Global Settlements
(AEMO Invoices)
(AEMO Invoices)
✓ Reconciliation, disputes, and resolution of weekly
wholesale AEMO settlement charges. Be confident
before paying/disputing invoices using NMI level data.
✓ Manual Reconciliation is very Challenging
✓ UFE and 5MS make Data Handling difficulr
✓ Early Identification of Compounding Errors
✓ Preserves Cashflow