Energy & Carbon Data Management
In order to succeed in data intensive energy markets, solutions are required that place important energy, carbon and sustainability data right on your desktop. This allows you to spend less time collecting and validating information and more time developing strategies, performing analysis, and managing corporate-wide initiatives. At Pace Global, we leverage our global market presence and operating scale to capture information and deliver it through advanced web-based systems at costs far less than can be achieved on a stand-alone basis.
Our energy operations center located in Columbia, South Carolina manages the collection and quality control of our customers’ data and online energy and carbon management systems – which we call the ECM HubSM. By properly managing and evaluating the accuracy of utility invoice and contract information, immediate and recurring savings can be identified and captured that more than cover the cost of the data services and often the entire cost of a broad-based, corporate wide energy and carbon management program.
What we offer:
- Expert utility invoice and bill auditing and management
- Comprehensive tax and tariff analysis
- Management and recommendations for energy budgeting
- Energy and carbon data analysis and reporting
Utility Invoice Auditing & Management
Avoid over-payment with expert invoice validation.
Verifying the accuracy of your supplier invoices is a prudent step in any energy management process and one that can yield immediate return. As an important part of our energy data management services, Pace Global applies a series of systematic validation checks to search for errors based on anomalies related to usage and cost patterns for each facility type. Utility invoices that fail validation checks are flagged and evaluated by a trained energy analyst. Irregularities identified by this auditing process routinely include higher-than-average usage or dollar amounts, meter misreads, duplicate invoices, overlapping service dates and utility billing errors. When invoice discrepancies arise, we work directly with the supplier on your behalf to ensure that all utility invoices are corrected and erroneous fees avoided.
Save time and money with aggregated payments.
Pace Global also offers aggregated comprehensive payment solution which helps you reduce the cost of paying invoices by aggregating payment obligations into a single funding request. This solution optimizes supplier payment issues to ensure your company is safeguarded from late payment fees and numerous other risks that are involved in energy and commodity supply.
Tax and Tariff Analysis
Don't leave valuable savings on the table.
If your energy account has not been reviewed within the past year for appropriate tariff services and tax liabilities, there is a good chance you are missing out on valuable savings. Regulatory markets and tax codes are ever changing, yet the tariffs and taxes that stem from these codes are not readily transparent, which leaves companies struggling to sustain a focus on analyzing and validating these costs. Furthermore, modeling tariffs and taxes can be a daunting effort for A/P analysts without energy experience.
Pace Global maintains a database of over 10,000 utility tariff models and understands tax waivers available around the country. We integrate this information with your invoice and contract data to quickly identify savings and ensure optimization.
Energy Budgeting
Set goals and manage expectations.
In order to build credibility for any management initiative, it is important to set realistic goals and manage to them successfully and consistently. Pace Global prepares budgets at the facility level by commodity from the ground up. We use the same tariff models used to validate invoices to project future cost expectations. We research the market and regulations for you and provide insights for uncertain cost items such as forward energy prices, regulated rates, pass-through charges and other surcharges, taxes, adjustments or balancing penalties. Budget recommendations are presented in an on-site meeting where assumptions are discussed and specific business requirements are considered.
Data Analysis and Reporting
Transparency drives attention which promotes action
By providing important information in near real time over the Internet, all stakeholders responsible for energy consumption and cost can see how performance is tracking with goals and make mid-course corrections to ensure your energy goals will be met. If you want to infuse a proactive energy management culture, you need to provide clear information and measure performance – Pace Global’s ECM HubSM and applied expertise ensures performance and progress are sustained.
For more information, watch our ECM Hub video or contact:
Kyle Smith at 703.818.9100 or via email.