Energy procurement and
trading

Trading and Energy Procurement

The Trading and Procurement Module helps end customers manage their energy purchase requirements for gas and power more effectively through flexible or progressive purchasing.

Key Features

  • User friendly trade entry
  • Understand your costs and risk position
  • Proactively manage weighted average costs and related budgets
  • Manage key stakeholders and counterparties using interactive dashboards
The system manages the portfolio risk position by basket or aggregated, provides stress testing through “what if analysis” should wholesale forward curves rise or fall. It also allows the purchaser to meet their financial risk obligation through the application of risk limits, enter transactions or trades and produce risk reports. The system handles both simple exclusive energy supply agreements or more complex multiple supplier arrangement with multiple baskets and purchasing strategies on behalf of end customers.

Furthermore, the module easily integrates with Utilidex’s billing and bill validation modules allowing suppliers and customers to apply weighted average cost of energy for budgeting and forecasting purposes and manages flexible demand profiles more effectively through the introduction of on the day/ balancing products. We also accurately confirm and settle transactions through “cash out” prices or “residual trades.

FIND OUT HOW WE CAN HELP

Applications to help you do more

You can purchase any one of our software products direct as a customer, or through our partner consultancy firms (TPIs), or via energy suppliers. Our goal is to make it easy for you to work together, and stay in control of your energy estate.

 

Energy Analytics

 

Utility Bill Validation

Budgeting & Demand Forecasting

 

Accounting Intergration

 

Wall boards & Dashboards

Latest Insights.

Twinning Your PPA Energy Profile with Your Corporate Energy Usage

Twinning Your PPA Energy Profile with Your Corporate Energy Usage

In today's business landscape, sustainability and responsible energy consumption are increasingly essential considerations for organizations. Many companies are opting to embrace renewable energy through Power Purchase Agreements (PPAs) as a means to reduce their...

Utilidex Latest Update to Network Charges – All You Need to Know!

Utilidex Latest Update to Network Charges – All You Need to Know!

Businesses in the UK are always concerned about energy costs and, of course, the network charges they have to pay. With the latest update to the network charges for 2023-2024, many businesses have been eagerly waiting for a reliable source to guide them through the...

Automated reconciliations for fast and accurate billing

Automated reconciliations for fast and accurate billing

Welcome to this week's product update for Suppliers & GeneratorsAccurate billing is an essential aspect for energy suppliers, as it establishes the foundation for customer trust and long-term business relationships. However, the generation of invoices often...

Sign up to newsletter.