Case Study: an electric distribution company recovers $3.2M and speeds compliance reporting with Bynry SMART360

Electric Distribution Company recovers $3.2M with Bynry

The Electric Distribution Company, a large electric cooperative, faced challenges with revenue leakage and time-consuming regulatory compliance reporting. They partnered with Bynry to implement its SMART360 platform to address these operational inefficiencies.

Bynry's SMART360 solution automated anomaly detection to identify unbilled revenue and streamlined reporting processes. This resulted in the recovery of $3.2 million in previously unbilled revenue and an 85% reduction in regulatory reporting time, cutting it from two weeks to just three days per cycle. Bynry also helped the cooperative achieve significant annual operational savings.