How Energy Supply Companies Leverage Automation to Work Smarter

4 min read
16 May, 2023

Energy supply companies have seen a significant transformation from utilizing energy software. While traditional account management is still prevalent, many companies have found that using energy software helps them increase efficiency, specifically around data management. There is much to track between communication, timelines, and essential data. Software with automation features can make your whole process work smarter and more consistently. If you want to stand out from other suppliers, keep reading to see why leveraging automation is the best next step for your business. 

Why an Energy Management System

An energy management system may seem like an additional factor your team must manage. However, instead of adding more to their to-do lists, it can decrease the number of responsibilities on their plate. Energy management software adds hardware and software that can reduce the time your team takes to complete a task. As your business continues to grow, there will be more data, commissions, prices, and accounts that you will need to keep track of. Technology can help control your commission plans and who you work with while decreasing the stress on your plate. Just because the demand on your team increases does not mean the work needs to get more complex. Energy software helps regulate the tasks and create a system to help your team work more efficiently. 

5 Things Automation Can Help You to Work Smarter

Utilizing energy management software is essential for growth in today’s market. As more and more companies begin to see the benefits of adding this technology to their systems, it is well on its way to becoming a standard requirement for successful energy supply companies. Here are five ways to use energy management software to increase efficiency and help your team work smarter. 

1. Real-time Data Analysis

When you first entered the energy industry, analyzing your data was likely the biggest learning curve. It probably still seems like an alien language at times. Raw data can be difficult to understand and can take hours of evaluation before you can find valuable insights. Energy suppliers can spend much of their day analyzing data instead of focusing on winning deals and building relationships with brokers and clients.

An energy management system can radically reduce the time you spend sorting through raw data and spreadsheets. These systems can take a mountain of data and extract patterns you can reference in decision-making. You can access essential data insights by automatically producing accurate data visuals. 

2. Streamlining Your Workflow

One of the best benefits of an energy management system is that the automation features give back time to your employees. When your employees have manageable tasks on their to-do lists, they will be more productive and not so overwhelmed. All energy supply companies should ensure that their employees are set up for success.

Utilizing an energy management system with an automation tool is one of the best ways to help your employees focus on important initiatives instead of wasting too much time on recurring operations. You may be surprised by how much automation enhances your team’s productivity. 

3. Quick and Accurate Communication

Communicating with clients and energy brokers is essential for a smooth transaction. It is difficult to ensure you share accurate information about data and prices, but it is necessary. If a broker is inquiring about a quote, replying promptly can seal the deal instead of you losing out to the competition. Digging through files to find accurate information wastes time and is an unnecessary hassle. Energy management software helps suppliers manage their accounts and communication smoothly and accurately.

By keeping all the necessary information filed and stored away, energy suppliers can send brokers or clients information at a click of a button instead of wasting time searching for it. Get that time back you could be using to connect with other potential clients, put together new proposals, and grow your business by leveraging automation.

4. Track Your Projects

Keeping track of a project or client can be confusing when each account has its one unique feature. Energy management software can help you keep track of everything without accidentally confusing one account for another. By showcasing a big-picture timeline and individual tasks in a Gantt chart, energy software can be a valuable tool for energy supply companies.

This project management tool can significantly benefit quarterly campaigns for a top client. If you know a better way to manage your team’s productivity but are unsure what the solution is, try energy management software for an advanced project management tool. 

5. Enhanced Collaboration

High-quality energy software can also work with numerous other apps and services so you can keep your current system. Energy management software should be an addition and enhancement rather than a replacement. When energy software collaborates with different apps and services, you can migrate everything into one central location. If you spend too much time jumping from one app to another, it might be a sign that trying out a new energy management software is time. 

Work Smarter, Not Harder

When energy supply companies automate their business with innovative software, they will find that their workflow drastically changes for the better. It makes day-to-day tasks easier and quicker while ensuring information is accurate. When your team spends most of its day analyzing data and sorting through paperwork, you miss opportunities to connect with clients and win more deals. What are you waiting for if you want to change and create a system that benefits your team? Automate today! 

Save Precious Time by Utilizing Automation

Too often, energy suppliers spend their precious time calculating data only to find out that the final result is inaccurate or was submitted too late. However, energy management software can turn your process around to help your team be more productive and win more deals. By automating data analysis, communication, and commission, you can ensure that your process is smooth and accurate. If you want to learn more about the benefits of energy software, download it today. 

Download Our Pricing Systems Guide

8 Ways to Make Your Pricing Keep You Out of the Red

Get Email Notifications