With the advance of a global economy, organizations are increasingly tasked with the management of energy costs and consumption across a global facilities portfolio. Differences in data sources, format, and country specifics combine to make resource cost and consumption data collection and normalization a significantly challenging task. When gaps in this data occur, its usability to guide strategic programs is severely eroded as reporting accuracy suffers.
Global energy managers need reliable processes to ensure accurate and timely data collection and analysis that guides strategic energy programs, optimizes energy cost and consumption across their portfolios, and prioritizes initiatives and investments. It’s also imperative for the support of energy, carbon and sustainability reporting, especially in the face of increasing regulatory consumption and reporting requirements and pressure from corporate and external sustainability stakeholders. While a lack of visibility into energy cost and consumption data inhibits proper management, obtaining utility invoices, extracting and normalizing data, and managing costs takes considerable time, effort and resources.
To create reliable, data-driven insights to maximize energy efficiency across global portfolios, Ecova offers an integrated utility data management solution that manages data collection, capture, audit and analysis, and global business reporting from a single system of record.
Ecova’s Global Utility Invoice Data Management service enables consistent utility invoice data management across global portfolios through a single database that derives one version of the truth from various and disparate vendor sources. The solution automates the collection of utility cost and consumption data directly from vendors and subjects that data to rigorous validation and review, including the identification and resolution of missing and incorrect utility invoices. The Ecova Platform provides global portfolio visibility via online reporting that is customizable by country, and features currency and unit of measure preferences for users across the globe.
Global Utility Invoice Data Management from Ecova provides reliable, complete and accurate data to helps clients see, manage and interpret utility cost and consumption data across global portfolios, saving our clients the time, effort and complexity of multiple systems reporting. The solution is backed by our unparalleled expertise, leveraging more than two decades in the energy and sustainability management arena coupled with our global presence and financial stability as a part of the ENGIE family.
Through the receipt, processing, and analysis of utility invoices on behalf of our clients, we help global organizations see, manage and interpret utility cost and consumption data and wield this insight to drive cost reduction and consumption efficiency.
Ecova is committed to the collection and analysis of quality data that allows our clients to focus on proactively driving cost savings and facility efficiencies. Our fully managed utility invoice data administration and facilities-level reporting solutions allow our clients to see, manage and interpret utility cost and consumption data across global portfolios and wield this insight to drive down costs.