Case Study: a leading Latin-American energy company achieves faster, more accurate invoicing with Quorum Software’s Energy Components Cloud

Energy Components' Cloud Solution Enhances Efficiency and Accuracy in a Leading Latin-American Energy Firm

A leading Latin-American energy company faced a significant challenge in accurately tracking sales invoicing and revenue recognition due to complex gas contracts and stringent reporting requirements. Their monthly closing cycles were hindered by time-consuming verifications conducted in parallel systems, which disrupted normal business operations. To address this, they turned to Quorum Software and its Energy Components as a Service (ECaaS) solution.

By implementing Quorum's AWS-powered ECaaS platform, the company streamlined its operations through automation and proactive monitoring. This solution led to an 85% reduction in refresh window time and cut support consumption by 50% through early issue identification. The vendor's solution also standardized calculations and workflows, resulting in vastly improved operational efficiency and accuracy for the energy firm.