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power station or refinery

Electric Power

 

The use of electricity has grown dramatically over the last 30 years. Today, our economy relies more than ever on trustworthy, affordable supplies.

The introduction of competition in the electric power industry, combined with increased public demand for power, has resulted in greater reliance by electric power companies on software solutions. These solutions are allowing companies to manage all aspects of their business from customer management and supplier communications to the buying and selling of power to third parties, more efficiently than ever before.

Businesses today are focused on their financial performance and need to integrate operational-based systems with their business processes. They continue to invest in upgrading hardware systems to allow this to happen.

Touchstone delivers trusted solutions to help Electric Power companies harness technology to streamline their business processes and deliver better, faster ROI. By making processes more efficient our solutions provide you with comprehensive visibility across your operations and the means to effectively monitor, and control, the metrics that drive profitability.

We achieve this with:

  • Tightly integrated business systems and processes creating a seamless, scalable infrastructure that enables consistent customer and supplier service across all channels
  • Accurate and reliable reporting, incorporating KPI reporting and automated alerts on any financial or business parameter such as financial P&L, budget and forecast comparisons, productivity and utilisation
  • Streamlined financial management to allow greater efficiency and cost control right across the business
  • Solutions that conform with statutory and legal issues within the confines of IFRS and Sabanes-Oxley compliance
  • Ease of integration with other business systems and devices