• Business Challenges
• How Bureau Services Work
• Billing Errors & Monthly Reports
• Advantage Forensics
• The Future & Reporting Challange
• Carbon-Ethics Cycle
• Real World Examples & Practical Tips
• Q&A session
➜ Over 60% of bills for Non-Half Hourly meters are estimated, contributing to the prevalence of errors.
➜ 41% of organisations said invoicing delays were a common source of cash flow problems for their organisation, resulting in late payments, lost discounts, payment errors and control weaknesses.
10% of all bills have at least one error
25% of AP staff time is spent handling exceptions within the invoicing process
55% of received invoices arrive in a traditional paper-based format
40% report that the invoice approval process takes too long
Our experienced energy experts validate your invoices, carrying over 100 checks.
We assess applied taxes and levies and your consumption rate against industry benchmarks
liaise
We'll handle supplier queries or disputes, giving you back time to concentrate on other priorities
We will reclaim incorrect charges for your business through credits and refunds.
Over the last 5 years, new reporting platforms have been introduced and existing ones updated:
Of the 5.5m UK businesses, many will be asked to report their carbon emissions from their customers, supply chain or government.
➜ Trickle Down Effect – A larger company you supply wants your carbon data.
➜ Your competition is now marketing their services as carbon-neutral.
➜ The “Green Revolution”.
➜ Public procurement guidelines now ask companies for their environmental credentials – PPN 06/21, Carbon Reduction Plans.
➜ Younger staff now want to work for environmentally conscious businesses – Staff retention and welfare.
➜ Being Market Leaders – Differentiating yourselves from the others.
➜ Cost Efficiencies: Measure, Manage, Reduce.
Measure Manage Reduce
Report/ Re-certify
Measure/Certify (Scope 1,2,3)
Examples:
Tom Kerridge Case Study - £50K saving through tech and procurement.
Covent Garden Market Authority (CGMA) – After understanding their current usage, they are now looking to reduce their spend up to 30% through green technologies.
IdeaPharma Ltd – Worked with Advantage to help them achieve their Bronze EcoVadis Status.
TIPS:
• Seek professional advice first.
• Keep good records of purchases including mileage.
• Start in a simple structured approach with Scope 1 and 2.
• Set-up internal teams to look at different areas of your business.
