Suppliers need to integrate with third-party sources to complete certain activities, whether this is calculating customer energy rates based off trades or publishing monthly bills and accruals to their Finance team. Harnessing the power of Microsoft Azure Cloud, the team has improved the communications and workflow between these third-parties to allow for a straight through process of their Accounting & Trading systems.
Eliminate time spent on producing accruals manually
Whilst many suppliers produce their customer invoices around the 15th of the month, many wish to have a provisional view of these invoices around the 02nd or 03rd to create an estimation of their customer’s bills, to be able to post into their accounting system.
Suppliers will have the ability to automatically produce customised accruals and create their own value threshold to easily spot their highest energy users. Once an accrual is generated, suppliers can compare data against prior periods and integrate accruals directly with their accounting system, making billing easier and automated.
Always stay on track with your financial statements
Integrate your billing system directly with your accounting system and automatically send statements. With access to your accounting system pre-defined fields, you will have the opportunity to review and make any changes in bulk, reducing time spent manually updating.
Suppliers can automate bills and accruals directly to their accounting systems, eliminating mistakes by sending all data from the same system.
Enhance your billing by integrating your billing system with external trading systems
To accurately calculate the energy rate for your customers the system can integrate our trading and billing product, eliminating any human errors when uploading data manually.
Each integration may be unique for Suppliers, however, suppliers will be able to benefits from automated capture of trades and avoid any delays in receiving data.
Contact us today to find out how we can help you.
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