RELEASE: October 14, 2005
CINCINNATI — Cadence Network, Inc., a leader in the utility, telecom and lease operational expense management industry, has developed a product that can deliver savings to every multiple site organization. In the past, large organizations that have utility bills paid by an outsourced bill payment provider only had the option to select services from their provider or consultants who manually downloaded the dated. Today that is no longer the case.
For many years Cadence Network has lead the industry in the amount of savings it has delivered to its clients. With the development of the Cadence Energy Management Solution, now customers of other outsourced bill payment providers can take advantage of Cadence’s proprietary technology tools and deep domain expertise in delivering hard dollar savings. This new product is able to interface with data abstracted from the utility bills by other bill payment providers and run that data through such tools as Cadence’s proprietary rate engine and savings analysis model.
“We have already rolled this product out to a number of clients that are using other bill payment providers, such as Avista Advantage and SMR, that are unable to deliver the savings that Cadence is known for, and with great success,” says Jeff Hart, CEO of Cadence Network. “Our primary goal has always been to deliver the greatest amount of savings possible to our clients and I’m excited that we can now expand that offering to the entire market, regardless of what outsourced provider pays their bills!”
To a multiple site organization, this means significant savings. This solution gives clients access to proprietary procurement models developed by the largest energy buyer in North America. It also ensures 100% assessment of electric accounts through the use of the Cadence rate engine and National Rate Library. Furthermore, clients get to take advantage of Cadence professional services, such as budgeting and portfolio management, and a report of actual savings is delivered monthly.
Cadence Network is the only company in the industry today that can offer these services to customers that aren’t paying their bill with them. It is this type of innovation that has kept Cadence Network on top for so many years.
About Cadence:
Cadence Network, Inc. delivers comprehensive utility, telecommunications and lease facility expense management to chain stores, multiple site businesses and government. The people, services and software of Cadence Network enables business and government to gain control over electric, gas, water, waste, lease and telecommunications expenses by streamlining such services as invoice auditing and payment, rate analysis, and procurement. At work in over 200,000 locations nationwide, Cadence Network is an EnergyStar Partner of the United States Environmental Protection Agency and a proud supporter of The Arbor Day Foundation.
CONTACTS
Cadence Network Contact: Ben Dolan, Cadence Network, Inc. 866-CADENCE (866.223.3623) bdolan@cadencenetwork.com