BidEnergy Streamlines Energy Procurement And Financial Management

Published 3 October 2017 by Annie Göransson &
Energy Management Smart Buildings Market Insight

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Executive Summary

Energy procurement and utility bill management is a complex and time-consuming process for large and multi- site organizations. Doing it well can bring significant process efficiency and cost savings – from purchasing at lower prices, lowering future price risks, to catching any overbilling mistakes and avoiding time-consuming bill payment processes. BidEnergy, a start-up headquartered in Australia, offers a cloud-based platform that streamlines the energy purchase process from sourcing energy suppliers to paying, validating bills and budgeting. To hear more about BidEnergy, its strategy and software, Verdantix interviewed Jonathan Copley, European Market Manager, and took a software demonstration. This report helps directors of procurement,  and finance and energy managers responsible for multi-site building portfolios, understand the value of BidEnergy’s solution.

Table of contents

BidEnergy Streamlines Energy Procurement And Financial Management
BidEnergy Is A Fast-Growing Start-Up With Momentum From Recent Acquisitions And Major Customer Wins
BidEnergy’s Solution Helps Firms Reduce Energy Spend Through Competitive Sourcing, Automation And Analytics
BidEnergy Differentiates Itself By The Operational Efficiency It Brings Throughout The Contract Lifecycle 

Table of figures

Figure 1. Corporate Energy Management Improvement Priorities
Figure 2. Outsourced Utility Bill Management Services By Region

Organisations mentioned

Ameresco, Axis, BP, Canaccord Genuity, Cotton On, Cove Resources, Cygnet Capital, Flight Centre Travel Group, Goodyear, RealWinWin, Urjanet

About the author

Annie Göransson

Analyst

Annie is an Analyst in the Environmental Health and Safety Practice and works in the London office. Her research expertise covers EH&S Services and Information Management.

In her advisory work, Annie has been involved in delivering consulting projects on EH&S subjects and sustainability advisory for major energy, manufacturing and software firms. 

Annie holds an MSc in Environmental Technology from Imperial College London, where her research focused on the global horticultural industry, investigating current governance schemes and associated environmental and health issues. She holds a BSc degree in Environmental Science from the University of California at Berkeley where she also earned All-American honour.

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