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Smart Metering and Automated Invoicing Solution

Enhanced

cradle-to-grave

Data Analytics

Fully integrated market-leading Smart Metering Solution

We have developed a cutting-edge solution that leverages advanced data analytics to seamlessly support the entire lifecycle of a prominent UK Gas and Electricity Utility's Smart Metering program. As part of their ambitious nationwide rollout of Smart Metering for residential customers, we were tasked with creating a comprehensive inventory tracking and automated invoicing data analytics infrastructure from start to finish.

Department of Energy and Climate Change & OFGEM Driven Programme

The Smart Metering Implementation Programme aims to roll out smart meters to domestic electricity and gas consumers, and smart or advanced meters to smaller non-domestic consumers, by the end of 2020.

Industry: Utilities

Challenges

Highly fragmented Data landscape

The “cradle-to-grave” Smart Metering lifecycle involved navigating a highly fragmented data landscape:

Delivery of meters
Access to warehousing data to capture the delivery of the device.

Installation of meters:
Smart meter installation carried out by utility firms and cost of installation charged back to meter providers.

Smart Meter revenue assurance:
Utilities firms pay rental charges to the meter providers – these charges need to be reconciled to inbound invoices.

Meter Switching:
Households have the ability to switch utility providers – churn in / out.

Disparate Data landscape

Each element of the provision, installation and activation stages is captured in disparate systems.

The use of the data analytics technologies allowed key data components to be centralised to construct the lifecycle flow for each individual Smart Meter entering the process.

The disparate data landscape contained information in different formats and with inconsistent record referencing which required extensive effort to normalise prior to the construction of the end-to-end process flow.

Data Solution

The solution covers Smart Meter Installation, Meter Settlements (all various classes of Meter Rental and stranding) and Meter Readings (both manual and smart).

Meter Installation

The solution provides an accurate and single data point to provide the client with Invoice and Invoice backing data for meter installations (pre enriched with internal and external market flows and required data).

This ensures fast and accurate billing to Meter Asset Providers for the installation of the meters, with less or no disputes against the invoices raised.

The data point acts as an invoice backing data provider, dispute manager and source of revenue assurance as well as data quality validation. The solution is fully integrated with SAP.

Meter Settlements

The solution provides the golden source for incoming invoice validation and reconciliation against meter and supply data held by the client.

Invoice dispute identification and investigation using data from management information system, industry data, incoming invoice and internal finance system (SAP in this case).

This provides a platform for accurate bill payment and a moral high ground for querying and resolving disputes.

Meter Readings

Utilising advanced data analytics to optimise the meter reading process, thereby enhancing efficiency.

This includes rigorous validation of submitted invoices to ensure meter-reading providers meet SLAs, supported by evidence-based validation.

Benefits

The use of the data analytics technologies allowed key data components to be centralised to construct the lifecycle flow for each individual Smart Meter entering the process.

Conversion of data into insight

One of the biggest advantages of having a wealth of trustworthy data is the opportunity to obtain insights that allow for smarter and more profitable decision-making.

Related Data Solutions

Calimere Point have helped our clients gain value from the data revolution.
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Peter Griffiths

Co-Founder & CEO
Peter is the co-founder and CEO of Calimere Point and has been with the firm since its inception in 2009. Prior to founding Calimere Point he spent the first 15 years of his career in Investment Banking, working within trading, structuring and risk management disciplines across a number of asset classes. Peter has a Masters in Finance from London Business School, a BSc in Economics and Finance from Oxford Brookes University and is a qualified accountant (CIMA qualification).

Dominique Nelson-Esch

Chief Marketing Officer

Dominique is a multi-disciplinary visual designer, communications and brand strategist, with a two-decade journey in collaborating with startups and SMEs. Her portfolio includes consulting for over 100 businesses globally, where she managed branding, design, and digital communications.

Dominique’s extensive background in financial services equips her with a nuanced understanding of our industry landscape, including 14 years in financial services, holding key roles such as Head of Portfolio Risk Audit and Niche Portfolio Management for major Insurers.

In her current role as Chief Marketing Officer (CMO) at Calimere Point, Dominique focuses on strategically positioning and promoting the firm. Her goal is to enhance brand awareness and establish market leadership through innovative marketing strategies that highlight Calimere Point’s expertise in delivering impactful data-driven solutions.