The electricity and gas retail sector is highly competitive and regulated, marked by rapidly evolving dynamics. Technology providers must meet the needs of a market increasingly focused on sustainability, innovation, and customer centricity. Growing attention to the energy transition and fluctuations in commodity prices demand flexible and innovative strategies.
In this context, technology plays a key role in the Energy & Utilities sector: it enables process optimization, enhances the customer experience, and allows for greater responsiveness to regulatory and market changes. Relying on advanced digital solutions is no longer optional—it’s essential to ensure long-term competitiveness and sustainability.
CHALLENGES AND SOLUTIONS
Supporting the evolution of the market sector
Performance and Operational Activity Management
Challenge: Managing large volumes of consumption data (meter readings) is complex and prone to errors. Accuracy and timeliness in measurements are critical for correct billing.
Solution: Neta provides accurate, automated consumption data management by seamlessly integrating meter data and ensuring the reliability of the information used for billing.
Billing
Challenge: Billing processes are complex, requiring frequent tariff updates and the management of a wide variety of pricing plans for both consumer and business customers.
Solution: Neta automates the billing process, applying the correct rates in real time and enabling quick updates to adapt to energy price fluctuations and customer needs.
Credit and Collections Management
Challenge: Credit and collection processes are often disorganized, leading to delayed payments and cash flow issues.
Solution: Neta efficiently manages the entire collection cycle, integrating credit recovery functions, payment tracking, and automated financial flow management to improve cash flow and reduce payment delays.
Customer Care
Challenge: Customer interactions can be inefficient, with long response times and a lack of visibility into open issues and requests.
Solution: Neta integrates advanced Customer Care features, enabling the tracking and management of every customer interaction, improving service quality and reducing response times.
Energy Tariff and Pricing Management
Challenge: Managing tariffs is complex, requiring agile responses to market and regulatory changes while maintaining competitiveness and margins.
Solution: Neta supports Intelligent Market Pricing, enabling the creation and management of dynamic tariffs based on smart algorithms that consider costs, demand, and supply, optimizing prices in real time.
Regulatory Compliance
Challenge: The energy sector is highly regulated, with frequently changing regulations. Companies must ensure compliance with local and international laws.
Solution: Neta is continuously updated to meet industry regulatory requirements, ensuring all processes comply with current laws and reducing the risk of penalties.
Scalability and Continuous Updates
Challenge: IT system management is often complex and costly, requiring frequent updates and ensuring the system can scale quickly to handle increased users and transactions.
Solution: Neta is a Cloud Native solution designed for rapid scalability. Automatic updates and support for both cloud and on-premise deployments provide companies with the flexibility to adapt to future challenges.
Business Processes Managed in the Meter-to-Cash Cycle
From metering to billing, from credit management to customer care: all in a single platform.
Available in cloud or on-premise, designed for Electricity, Gas, and Integrated Water Service providers.
Modularity, regulatory compliance, and advanced technologies for the utility of the future.