Energy and Utilities

Transforming Payment Solutions in the Energy Sector

Business Challenge

Our client, a German company specializing in electricity storage solutions, sought to modernize their payment matching application, which pairs invoices with the correct customers. They were also looking to automate the document-handling process to streamline operations and reduce manual work.

Our Solution

Exadel initially provided QA support, expanding to multiple projects through the course of our collaboration, including modernizing the payment matching application.

Our team proposed enhancements to automate significant portions of invoice processing, effectively managing both payment plans and annual statements.

Additionally, we supported the integration of AWS-based infrastructure to facilitate the transfer and processing of paper invoices in the cloud. The ongoing collaboration is exploring two approaches: refining the current architecture or implementing foundational changes for better automation.

Results

Increased operational efficiency by automating manual handling, reducing errors and allowing the client to manage a growing volume of transactions effectively

Enabled the client to scale operations easily, staying competitive in the expanding electricity supplier market

Enhanced the client’s service portfolio, driving customer loyalty and revenue growth