Energy supplier migrates to VXretail and VXexchange
DALLAS, November 1, 2022 /PRNewswire/ — VertexOnethe leading provider of enhanced software-as-a-service (SaaS) solutions for the utility and energy industry, today announced its partnership with SmartestEnergya national retail energy supplier and wholesale commodity trader in the United States, to provide its VXretail and VXexchange products for Customer Information System/Billing (CIS) and Electronic Data Interchange (EDI) of the company.
Launching its services in the United States in 2019, SmartestEnergy currently supplies 6.7 TWh of electricity to more than 3,100 customers in the Northeast. In addition to trading electricity, gas, capacity and renewables in wholesale markets, the organization also provides structured route-to-market services to numerous energy service companies.
“SmartestEnergy needed an innovative, scalable solution that could handle the complexity of their customers and products and support their continued growth across New England and Texas markets,” said VertexOne Senior Vice President Ananda Goswami. “They also serve a large number of commercial and industrial customers, so having a quick and smooth migration was crucial.”
“It can take ten months to a year for energy suppliers to migrate to a new billing solution,” said the CEO of SmartestEnergy. Andy Cormie. “VertexOne was able to complete the transition in just five months, with no disruption to business operations — a seamless transition to products that allow us to meet today’s needs and scale for future growth.
VertexOne is one of the few platforms capable of efficiently processing large volumes of interval meter data, as well as daily and real-time wholesale data, to meet the needs of energy providers serving large commercial and industrial organizations with complex invoicing.
With nearly three decades of experience serving the utility industry, VertexOne’s highly advanced and forward-thinking billing solutions can track and apply variable rates seamlessly, addressing the complex challenges faced by businesses. like SmartestEnergy.
To learn more about how VertexOne’s VXexchange and VXretail support utility companies, visit www.vertexone.net.
VertexOne is the leading provider of cloud-based SaaS software solutions, powering the next generation of customer experience for utilities, energy retailers and energy transition providers. With over 30 years of experience and 350 cloud customers, we capitalize on our deep expertise to deliver a wide range of innovative solutions for digital transformation, revenue optimization and data-driven efficiency operations surrounding the customer. From customer information systems (CIS) and mobile workforce management (MWM) to electronic data interchange (EDI) and self-service customer engagement portals, we enable our customers to deliver a compelling customer experience, reduce service costs, increase operational efficiency and improve customer satisfaction. For more information on how VertexOne enables you to improve the digital customer experience, improve revenue management, and leverage data analytics, visit https://www.vertexone.net.