A complex new energy world
Today enterprises in the energy industry need to change in order to stay relevant. The traditional business of providing infrastructure and energy is being challenged by new competitors, ongoing digitization and changes in customer expectations.
Generating new revenue streams
Companies in the utilities industry have to find new ways to reach customers, generate value and discover new revenue streams, such as:
- Decentralized energy production and distribution
- Smart metering and real-time billing
- Value-added services
- District supply eg, heating, internet or phone
- Electric mobility and charging infrastructure.
Challenges in monetization of new services
Processes are becoming more complex and frequency of transactions get higher, while margins are dropping. In this new world, finance officials have to find answers to questions, such as:
- How do we deal with a multitude of new processes and business models?
- How do we set up billing, accounting and payment management?
- How do we reduce cost per transaction or invoicing process?
How Nitrobox can help
The Nitrobox monetization platform is your all-singing-all-dancing solution to set up and run your finance operations for multiple businesses in one place. Providing all the necessary building blocks to model and automate pricing, billing, revenue management, debtor operations and monthly closing with efficiency and speed.
Leaving you the time and flexibility to concentrate on your company’s strategic goals and allowing a better work-life balance for your staff.
Digitization, decentralized energy production and changing customer demands are leading to a variety of new monetization models
CEO & Co-Founder