Milan, 18 May 2023 - Fincons Group, an international IT business consulting and system integration company with offices in Europe and the US and a Business Unit dedicated to the Energy&Utilities industry, will present its enhanced Meter to Cash platform developed in partenership with Bludigit, Italgas group’s IT company at E-World 2023 – booth 4-519. The cloud solution developed to support M2C (Meter to Cash) processes for the distribution and sale of utilities, now supports all commodities and adds credit management processes to its metering and billing capabilities.
The market success obtained in 2022 by the innovative platform has prompted Fincons to invest with conviction in further product development, making an ever more efficient and complete platform available to clients by 2023. The platform has been increasingly appreciated by clients who adopt it.
First of these clients, Italgas – leader in the gas distribution sector, first in Italy and Greece, third in Europe – that had already chosen the Meter to Cash platform in 2022 to manage the billing processes for gas distribution to over 8 million customers. By the end of 2023 the company will count on this product to also manage metering, billing and credit for water delivered to over 29k customers.
In addition to Italgas, the platform will be adopted by other power, gas, and value-added service utilities, effectively expanding the range of commodities that the platform manages.
The solution’s microservice architecture that provides integration scalability both on volume and performance, combined with AI technologies to automate tasks and flexible self-configuration for business users, helps Energy&Utilities significantly reduce CAPEX and OPEX. Moreover, unlike other solutions currently available on the market, its user-friendly design provides business users with full visibility of data logs and rules with very low IT support. The platform is also extremely fast in the implementation of new regulatory requirements or business needs, adding a further benefit for companies which choose the solution powered by Fincons.
“We’re proud to have been selected by more and more high-profile clients to support them in the management of their processes for huge numbers of customers,” comments Simone Villa, General Manager Global BU Energy & Utilities “like all of Fincons’ proprietary solutions, the Meter to Cash platform was developed based on experience and consultation with existing vertical sector clients and is thus based on real market needs. The latest deployments complete the roster of services, uniquely positioning our solution to deliver to the entire E&U market across a full range of processes.”
“The new meter-to-cash solution has enabled the introduction of efficiency and technological innovation into a sector where it previously seemed more challenging.” comments Vincenzo Gargiulo, head of Business Solutions at Bludigit.
Don’t forget to visit us at stand in Hall 4, booth 4-519 for demos and enquiries.
About Fincons Group
Fincons Group is an award-winning IT business consultancy with almost 40 years of experience in IT Business Consulting and System Integration active in different industries. In the Energy & Utilities sector, Fincons has long term and successful relationships with Tier-1 clients, providing solutions and ICT services covering the entire needs for designing, implementing and maintaining new digital solutions as well as back-end system. With over 2400 employees, Fincons Group has offices in Italy, Switzerland, Germany, France, Belgium, UK and US.
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