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enPrice
enPrice is a scalable commodity retail pricing solution for the UK and Irish markets that enables energy retailers to generate accurate quotes for all incurred tariffs and charges.
Users can easily analyse a portfolio position against potential market change to manage risk and protect profit margin, with complete confidence and transparency throughout a portfolio down to the finest level of detail.
enPrice also offers post-sales portfolio analysis and detailed reconciliation reports.
Reliable
- Simplifies energy supply contract pricing
- Lowers risk
- Enables the production of fast, accurate quotes
- Protects profit margins
- Gives complete confidence and transparency throughout the portfolio to the finest detail
Simple
enPrice calculates quotes by combining defined energy costs and associated charges – such as distribution charges, transmission system costs and levies – into one simple-to-understand customer quote.
Sales teams can generate quotes and negotiate prices in real time and with complete confidence, therefore improving the service offered and delivering real value to a business.
Accurate
The software’s price configuration capability allows users to quickly create new pricing scenarios using a number of bulk ‘create’, ‘update’ and ‘escalate’ capabilities.
This reduces the time, effort and cost of ongoing configuration and data maintenance, as well as reducing risk through keying errors.
Powerful
The commodity retail pricing solution allows businesses to analyse their portfolio position via its powerful analysis capabilities.
Historical and scenario-based data can be used to compare the current position against future changes caused by charge movements, market changes or variations in client usage.
This enables effective management of portfolio risk and ensures profit margins are always secure.
Capable
enPrice is designed to handle the pricing requirements for all power (Half-Hour and Non-Half Hour) and gas (Daily Metered and Non-Daily Metered) in multiple currencies – and potentially for multiple company brands – from within a single application.
Fixed price fixed term contracts and bespoke Half-Hour pricing (including basket quotes) are all supported with ready to use technology.
Discover the benefits of enPrice
enPrice calculates quotes by combining defined energy costs and associated charges (such as distribution charges, transmission system costs and levies). Customisable workflows within enPrice provide flexibility, thus supporting your processes and increasing efficiency.
Curves can be used to represent cost elements which vary periodically for accurate quotations, enabling your organisation to stay one step ahead of market changes.
Use enPrice to:
- Provide quotes and negotiate prices in real-time, whilst on-site with a client and with complete confidence
- Provide both single supply point and basket quotations, allowing groups of supply points to be quoted as a single quote
- Reduce risk by enabling pricing teams to easily and securely manage the cost base used for quoting
- Mitigate risk by running “what if” scenario reports against your portfolio
- Maintain control of your margins
- Improve the service offered to clients and increase your overall revenue
- Integrate with our enTrader ETRM
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