Utilities Industry

Global utilities and energy companies are committed to providing and developing innovative technology solutions challenging the world’s most demand for general utilities in customers of all forms. Their products and services move, analyse and monitor general utilities to the environment in public utility, industrial, residential and commercial building services settings.

Utilities Industry

Global utilities and energy companies are committed to providing and developing innovative technology solutions challenging the world’s most demand for general utilities in customers of all forms. Their products and services move, analyse and monitor general utilities to the environment in public utility, industrial, residential and commercial building services settings.

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The Utilities Industry

Utility companies provide us with our most basic needs; water, electricity and gas. As stable as this industry has historically been, it is facing it’s largest transformation ever. Increasing competition and regulatory changes have to be combined with an environmentally friendly approach adopting new technologies. The increasingly less predictable demand requires an increasingly accurate planning to guarantee the most cost-efficient availability and delivery of the utilities.

We help these companies transform their budgeting and planning processes by helping them choose and implement the most effective enterprise performance management tool for their situation. The integrated planning tools we implement, such as Anaplan, OneStream, and Vena, have allowed multiple companies to reclaim their processes, improve operating models, and become drastically more efficient.

Overall, with the two customer cases (First Wind & Vivo Energy) we were able to increase visibility into financial and line of business results by supporting all their requirements in a single application – with a flexible model that supports local reporting as well as global functional reporting requirements.

Thanks to our years-long expertise in financial planning and EPM tools such as Anaplan, Vena and OneStream, we offer solutions that optimize the company’s operations and increase flexibility to adapt quickly to changing market by:

  • Turning manual and inflexible planning processes into dynamic, connected and more sophisticated planning.
  • Gaining actionable insights through quicker and less error-prone reporting.
  • Improving communication between departments through connected planning.
  • Using adaptive advantage thanks to optimized sales plans and possibility to adjust rapidly to changing market dynamics.
  • Reduction in technical support needs as a result of using cloud-based unified platforms.

If you are interested in understanding how Sonum can help transform your processes, get in touch with us for a free consultation!

Experience

Below a selection of some interesting projects we did that helped our clients to bring their processes to the next level

Integrated information landscape

To support the Finance Transformation program, the fast growing company implemented an integrated landscape with business planning, consolidation and integrated reporting

Tranquility during the Reporting Process

To gain more control over the many spreadsheets, First Wind (energy provider) chose Vena Solutions

Questions regarding the Utilities Industry?
Contact Roy!