RELEASE: July 17, 2003
CINCINNATI — Ohio-July 17, 2003-- Cadence Network, Inc., the premier company in the utility expense management industry, continues to be the leader in electricity procurement for national account customers. With over $300 million in electricity under contract for its customers, Cadence has been able to lead its clients through the complex purchasing decision of deregulated energy.
Today’s deregulated electricity market is filled with both volatility and opportunity. Effective purchasing decisions require deep energy knowledge and analytics in both regulated and deregulated pricing. Cadence Energy Procurement Consulting is built upon a solid foundation of domain expertise, proprietary knowledge systems, and the Cadence National Rate Library. This foundation, combined with deep analytics, will provide you with a Cadence Opportunity Assessment that allows your company to make the best purchasing decision in deregulated markets.
“We have developed powerful internal systems, that are independent of a customers accounts payable process, which allow Cadence to cost effectively assess opportunities for customers with a large number of sites”, said Joe Falci, Manager of Energy Procurement and Rates Analysis. “In each market, clients are provided a Cadence Opportunity Assessment that includes a market overview, financial analysis on each individual site, and a decision as to whether the site should be on a regulated or deregulated rate. Our customers are sometimes surprised to find that depending on other factors, such as market conditions, or an individual site’s load profile, it may be the best business decision to leave certain sites on the regulated rates.”
Cadence Energy Procurement Consulting is based on national market presence and a solid foundation of procurement experience. Whether your goal is expense reduction or minimizing market risk, Cadence will ensure your goals are met with a consultative approach to procurement. Our team of energy procurement professionals is always available to provide you with additional information on this dynamic product offering or answer any questions you many have.
About Cadence:
Cadences helps companies with multiple sites monitor and manage the third largest costs of doing business - multi-site operating expenses including energy, water, trash, lease and telecommunications.
Cadence provides Accounts Payable outsourcing solutions, web-based software applications and professional services (including invoice auditing, rate analysis, energy procurement, benchmarking, budget forecasting, lease auditing, etc.) that address the unique business needs of companies with many departments, managing many sites and vendors, across many geographically dispersed locations.
Cadence's Solution delivers hard-dollar cost savings and resource efficiencies with average net returns greater than 200% for tens of thousands of sites throughout North America. Cadence is an independent and privately held company located in Cincinnati, Ohio.
CONTACTS
Cadence Network Contact: Ben Dolan, Cadence Network, Inc. 866-CADENCE (866.223.3623) bdolan@cadencenetwork.com