Bill Validation & Payment

  • Robotic Process Automation (RPA) collects, validates and addresses major exceptions before payment and data storage.
  • The robotic platform collects every bill issued for every site and validates the usage, rates and charges against the contracts, meter data, network/utility tariffs and active site list.
  • No human hand touches the bill – delivering speed and accuracy outcomes unmatched by manual or semi-automated processes.
  • Our platform can process (collect, parse, validate, and code) thousands of bills in minutes.

Portfolio Management & Analytics 

  • RPA and cloud computing allows us to manage every site opening and closing seamlessly, track all energy data related to the site.
  • Automation enables BidEnergy’s clients to ensure that they are on optimal network/utility tariffs and understand cost impacts before new regulated tariffs/pricing are approved and included in bills.
  • Seamlessly run regular network/utility tariff optimization and demand reset opportunity reviews to continually reduce the non-energy commodity charges (up to 60%) on the bill.

Energy & Financial Reporting

  • RPA and cloud computing gives you instant access to your data with unparalleled levels of accuracy.
  • Immediately generate detailed reports down to the site level at any time at the touch of a button.
  • Automated emails can be set up that sends the required report to your inbox every month.
  • Gone are the days of asking your consultant to prepare a report and waiting weeks while they clean the data and manually pull it together – often with errors or omissions.

Budgeting & Accruals

  • Creating a base case budget (zero change from last year) using RPA for even the largest portfolio takes less than a minute and can be created at any time on our robotic platform.
  • Once the base case is established a forward-looking budget or re-forecast can be done by changing expected parameters like usage, energy prices, network charges, enviro charges etc.
  • Actual spend can be tracked against budget and the category manager alerted if out of tolerance.
  • Budgeting is an annual life-cycle activity, but re-forecasting can be easily done to take account of changes to energy prices, usage, and network charges etc.
  • Accruals are immediately available at any time of the month based on accurate and immediately available pricing and consumption data.

Procurement & Contract Management

  • RPA enables access to unparalleled market signals and analytics with customized price alerting functionality.
  • Buying strategy and planning is enhanced by RPA driven contract expiry alerting which ensures there is enough time to make smart buying decisions.
  • RPA ensures data required for tenders is always ready and accurate for rapid market approach if a pre-set market trigger alerts a buying opportunity for the whole portfolio or by selected regions.
  • Suppliers can bid directly into the platform for rapid bottom-up evaluation of every cost component that finds the lowest cost package and award for contracts to one or multiple suppliers.
  • Final round live bidding with real-time price feedback (without disclosing the actual price) delivers more savings to the buyer in any one event.
  • Real time evaluation and multiple-supplier scenario analysis driven by RPA means no other procurement platform comes close to delivering the same level of savings for multi-site portfolios.

Rebate & Incentive Management

(US & Canada)

  • Since 2001, the RealWinWin Division of BidEnergy continues to be the industry pioneer for RebateAdministration™ and has the leading reputation with Customers and Utilities.
  • Service delivery covers all 50 US States & Canada, all project types (new construction, retrofit, emergency replacement, etc.) and all energy-efficient technology types.
  • Comprehensive end-to-end application management from pre-approval & site-inspection coordination to custom negotiation & check expediting.
  • Consultative approach includes early-stage guidance for CapEx budgeting and project implementation planning & roll-out.