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Energy Retailer Solutions
The Most Flexible and Cost-Effective Pricing, Billing, and Customer Care Software Platform for Competitive Energy Markets
In today's energy markets, managing the revenue cycle is all about lowering the cost to serve while improving the customer experience. The big challenge is how quickly and efficiently you can enter markets, quote and bill profitable contracts, and respond to new market changes.
The Nexant Bid-to-Bill software platform accelerates these processes and provides the fastest possible return on investment. This platform enables you to:
- Maximize the Profitability of Each Customer Relationship
Nexant brings together supply-side and customer-side information. That makes it easier to create innovative new retail offers, avoid mistakes, minimize risk, and improve profitability.
- Increase Customer Acquisition and Retention
Nexant's high-performance transaction management and collaborative communications technology permits fast, accurate customer switches that provide new revenue streams more quickly than ever before. The most flexible billing engine in the energy/utility industry lets you meet even the most complex pricing and personalization options sought by the most demanding customers.
- Accelerate Market Entry and Reduce Back-Office Costs
The software platform is configurable and open object. New business rules and processes can be added or changed without affecting the underlying application logic. Simply configure the business rules-no hard coding is required. In this way, an energy company can enter a new market in as little as a few weeks, at a fraction of the conventional cost.
- Control Your Own Applications
With this platform, Nexant customers and partners gain unprecedented control over their own applications. Now you can access, extend, and reconfigure the underlying technology-the Nexant object libraries-with the same toolset used by Nexant software engineers. This toolset is called Nexant LibraryCard™. It offers convenient, safe tools specifically targeted for use by business analysts or software engineers.
Utility Retail Management
Competitive Energy Markets Require Software Technology Designed for Competition
When energy markets began deregulating in North America and Europe, energy companies quickly learned that their business systems were not designed for competitive markets. Companies that did not replace their systems quickly spent enormous sums of money and time on the patching of their legacy systems with offline systems and processes. In the end, they lost customers and compromised profits.
The Nexant Bid-to-Bill software platform offers a complete, enterprise architecture for wholesale trading, scheduling, settlement, pricing, contract origination, billing, and time of use billing. Nexant systems are used by the most successful power and gas marketers in North America and Europe because they are designed specifically for competitive markets and they offer the greatest flexibility to handle competitive rate structures, bill formats, transaction management requirements, and pricing-all with the speed and efficiency of straight-through processing.
Nexant systems also have a significantly lower total cost of ownership than alternative back-office systems. Because Nexant systems feature native XML architecture and simple-to-configure application interfaces, they are easily integrated with your existing applications and with other third-party solutions.
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