Centralized Invoice Data Capturing Platform
Reduce your energy operating expense by avoiding utility providers’ usage/cost errors and eliminating late fees. Instantly gain visibility into your usage and cost data across your facility portfolio. Once on-boarded, 100% of your utility invoice capturing process and granular invoice data is automated.
Our intelligent utility invoice data platform will automate your invoice capturing process across all locations and all utility categories.
- Computerized invoice audit auto-captures utility mischarges and provides ongoing alerts.
- Instant access to accurate cost and usage data. Powerful reporting and analytics.
- Sustainability GHG reporting tools.
- Optional GL integration and AP automation
Prudential Energy has access to direct data feeds from more than 5,000 utilities across 30 countries. Our system is capable of automating invoice capturing for the following utility categories: Electricity – Natural Gas – Fuels – Waste – Water – Sewer – Recycling – Steam
Usage & Cost Reports
Prudential360 provides instant access to energy usage and cost data, facility benchmarking and sustainability reporting.
Customizable reporting to suit your business requirements. The system organizes data into easy-to-understand graphs and reports that can be exported and shared. Our facility benchmarking tool helps identify a baseline for energy management initiatives. The tool provides a comparison of baseline to current performance and compares facilities to one another using a set metric, such as dollars per square foot. The tool helps you identify the value of implementing energy conservation measures such as ENERGY STAR scoring, facility upgrades or operational changes.
With a click of a checkbox, our platform weather normalizes your daily energy data for more accurate year-over-year comparisons. This feature highlights energy variances due to weather and allows for isolation of operational variances.
Computerized Invoice Audits and Alerts
The Prudential360 platform includes a computerized and fully automated invoice auditing feature.
A 20- point inspection is ran on every invoices and invoice anomalies are identified via system-generated alerts. Our invoice error resolution service has historically saved our clients 1-3% of total utility expenditure.
GL Integration & AP Automation
Contract Data Management
Prudential Energy will automate your corporate contract management needs. You will have centralized access to contract documents and details via our Prudential360 energy intelligence platform.
Client hedging positions are reviewed at portfolio, market, and site specific levels. As with budget development, our team reviews the current hedging strategy with the client, and will discuss successes and failures experienced under the current strategy, as well as risk tolerance and potential variations in strategy moving forward. Our recommendations are client specific, and involve initial review of several components
Facility Level Management
Prudential360 allows for user-defined search tags for setting customizable groups, plus a geographic map search for looking for facilities at a regional or national view.
Facility managers can use the Facility section to load facility-specific equipment inventories, track utility sponsored incentives and make notes when energy efficiency projects were commissioned.
Greenhouse Gas Reporting
Our platform’s intelligent sustainability tools automate GHG emissions tracking, accounting, and reporting.
Quantify your carbon inventories and provide a transparent corporate accounting, inventory, and reporting method. Our reporting methodology for calculating GHG emissions is the same as EPA’s ENERGY STAR Portfolio Manager: Carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O). Our system tools can report from corporate tree hierarchy, all the way down to single facility.
- Lbs. of CO2
- Lbs. of Methane
- Lbs. of Nitrous Oxide
- Credits: Available for RECs (Renewable Energy Certificates)
- Metric tons CO2e (Equivalents)
The Carbon Management tool provides our clients with the ability to quantify their source greenhouse gas output over a selection of timeframes. We can also adjust for Renewable Energy Credits (REC’s). The system ongoingly provides filterable metrics to view output by electricity source, by emissions, and by commodity.
Prudential Energy is a data-driven energy advisory firm with an ongoing commitment to delivering on promised savings and proactively adding value.
Sign up for the Prudential Energy weekly newsletter below: