What does the RPA do - RPA is the biggest thing that nobody has ever heard of, but they will soon, so listen up now!

Forecasting Energy Consumption

What does the RPA do?

What does the RPA do? Put simply it is Robotic Process Automation. 

Why is it a big deal? Let us tell you…

Our cloud-based platform – Energy as a service interactive, or EaaSi for short, has been the culmination of 18-months hard work at Catalyst. It’s unique in the fact that it harnesses RPA, to make it work in parallel to the existing energy market infrastructure in the UK. This is its superpower!

It is, in essence, a disruptive digital energy spend management platform. 

What does the RPA do?

It’s still a niche technology at the moment but it will become mainstream in the next couple of years. It enables the automation of manual tasks that would usually take people days or weeks to complete into just a few minutes or seconds.  While harnessing RPA and the power of machine learning to add a new dynamic to energy management and wrap around value for our customers and does all of this while bringing the management of energy to life

RPA is already bringing huge benefits to businesses:

  • For example, a client with over 400 UK sites had previously been using industry leading invoice validation software to manage energy spend. However, this process takes six working days with six manual touch points from when the bill is available to get that report to the customer. A huge inconvenience.
  • This is where the power of RPA comes to the fore, it completes the same task in less than 24 hours with no human interaction, so the productivity and efficiency savings are huge.
  • RPA will make a massive difference with how businesses manage their energy spend now and for the future.

What does EaaSi do?

  • automatically pulls together end-to-end utility data into a single place, removing the need for human intervention and massively reducing resource requirements for contract management. A HUGE win for business.
  • interfaces with accounting packages such as SAP, Sage and major ERP systems. This gives finance departments immediate visibility on energy spend, billing cycles and provides fully automated, wholly transparent bill validation. Another WIN for business.
  • creates a digital filing cabinet for all utility data and contract information. It links into supplier’s systems, automatically requests bills and uses machine learning to fill in any gaps.
  • offers fully automated bill validation using 120 different checks to ensure bill accuracy against consumption and contractual rates, with any anomalies flagged via an alerts system
  • enables accurate budget forecasts, visibility on accruals, benchmarking against market rates for flexible contracts, and simplifies procurement for both end users and suppliers.
  • delivers energy and carbon reporting at the touch of a button, drastically reducing administrative burdens.

About Catalyst Commercial Services

Catalyst is a market leading independent energy consultancy that provides energy procurement, sustainability and environmental services. Catalyst is one of the leading providers of utility purchasing and contract negotiation services to the commercial sector. With over 15 years’ experience in this dynamic market, the team of energy market professionals provide a full options appraisal for business utility contract needs.