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.
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.
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.
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.