Empower Real-Time Billing saves big money

25.06.2019

Part of the market leading Enerim platform, our Billing engine is first to implement real-time billing. This powerful functionality gives immediate benefits to any utility using automatic meter read (AMR/AMM) based invoicing.

What is Real-time billing?

The Real-Time features essentially performs all validations and calculations needed to provide real-time updates to all relevant raw invoices. This provides a range of benefits for financial reporting, customer communication as well as improved cash-flow performance. When the end of month comes, all billing information is ready to use – all calculations are complete.

  • Financial reporting is based on actual billable value rather than estimates
  • All customers can see the actual cost of their power consumption – up to the last hour
  • Shorter timeto-invoice reduces billing cycles by several days

The real-time billing process

Invoicing process Dashboard

This dashboard displays all information the operator wants. In this overview, Hethe user/she simply selects a customer, metering point or time series and activates the dashboard.

Actual cash-flow savings for our customers

The benefit that provides the most direct financial improvement is the reduction of the billing cycle. Here it is easy to estimate the cash-flow gains and the resulting profit.

Our customers have improved their receivables turnover by 12 – 20%.

For more information read a customer case about Caruna

Empower Real-Time Billing saves big money

25.06.2019

Part of the market leading Enerim platform, our Billing engine is first to implement real-time billing. This powerful functionality gives immediate benefits to any utility using automatic meter read (AMR/AMM) based invoicing.

What is Real-time billing?

The Real-Time features essentially performs all validations and calculations needed to provide real-time updates to all relevant raw invoices. This provides a range of benefits for financial reporting, customer communication as well as improved cash-flow performance. When the end of month comes, all billing information is ready to use – all calculations are complete.

  • Financial reporting is based on actual billable value rather than estimates
  • All customers can see the actual cost of their power consumption – up to the last hour
  • Shorter timeto-invoice reduces billing cycles by several days

The real-time billing process

Invoicing process Dashboard

This dashboard displays all information the operator wants. In this overview, Hethe user/she simply selects a customer, metering point or time series and activates the dashboard.

Actual cash-flow savings for our customers

The benefit that provides the most direct financial improvement is the reduction of the billing cycle. Here it is easy to estimate the cash-flow gains and the resulting profit.

Our customers have improved their receivables turnover by 12 – 20%.

For more information read a customer case about Caruna

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EnerimCIS
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