Cincinnati Expense Management Firm Leads Charge for Stabilizing Energy Marketplace
March 16, 2004
CINCINNATI — Cincinnati, Ohio - March 16, 2004 - With energy prices expected to soar this year and with businesses continuing to struggle with growth and profitability, expense management leader Cadence is taking its message to key stakeholders responsible for energy management and towing the bottom line: “You’re paying too much and you don’t have to.” At the Edison Electric Institute National Accounts Workshop, leading government agencies, energy and facility professionals from top North American businesses and energy suppliers will converge in California to discover how energy management practices can improve both the bottom line and the environment.
Cadence Network president and CEO Jeffrey Hart said it is critical for businesses to understand that the energy industry is in constant flux. He explains that decision-making executives must commit themselves to plotting a stable course and utilizing available services and technology to procure energy smarter, spot waste and inefficiency, and bring some peace of mind to a chaotic industry.
“The waste is rampant,” Hart explained. “And, when dealing with finite resources like energy, businesses must take responsibility in finding and using best practices available to not only conserve energy, but save a significant amount of money and time in the process. The current in house practice is archaic, labor intensive, slow and inefficient, and when dealing with the third largest cost of doing business, executives must recognize when it’s time to call in expertise.”
Hart added that he expects to walk away from the workshop with operations executives responsible for multiple site companies understanding that Cadence provides unbiased, objective analysis and procurement in a deregulated energy environment for its clients. By outsourcing this responsibility, executives gain objective, critical knowledge that empowers them make informed decisions that positively impact the bottom line.
About Cadence:
Cadence Network, Inc. is an expense management firm that delivers comprehensive expense management solutions for chain store and multiple site businesses in the banking, restaurant, retail, and grocery industries. The people and products of Cadence allow successful businesses to monitor and manage the third largest costs of doing business – electric, gas, water, sewer, trash, lease and telecommunications. The solutions designed are customized to address the unique business requirements of companies with many sites and many departments managing many vendors across many geographically dispersed locations. Cadence offers accounts payable outsourcing, web based software applications and professional services.
CONTACTS
Cadence Network Contact: Ben Dolan, Cadence Network, Inc. 866-CADENCE (866.223.3623) bdolan@cadencenetwork.com