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Energy Industry e-Procurement Solutions
Utilities companies face a challenging future as energy and power markets move towards broader global operations and co-ops. With limited options to generate more revenue through higher prices, utilities are frequently forced to cut operating costs and find new ways to strategically manage their assets in order to deliver affordable and consistent energy and power to a demanding customer base.
HedgeHog understands the continual need for utilities to operate more efficiently under the pressure of ever-increasing competitors, public scrutiny and regulatory and environmental requirements. Our on-demand e-procurement solutions address these challenges by providing utilities with the capability to reduce costs on maintenance, repair and operations products while delivering high quality service. By using our e-procurement technology, our energy and utility customers have saved an average of 10 to 15 percent within one hour-long auction event.
Through our fully supported suite of Web-based applications, HedgeHog advances and automates procurement processes and improves utility companies’ ability to:
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Gain greater negotiation power |
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Increase control & automation of the procurement process |
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Source more effectively |
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Automate the bid collection process |
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Review & analyze spend & event records |
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Meet regulatory compliance requirements |
We provide energy and power entities with improved functionality to:
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Develop sourcing & e-negotiation strategy |
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Analyze & assess spend |
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Create & manage RFXs |
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Run professional e-negotiation events |
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Produce real-time spend reports & bid analysis |
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Evaluate vendor performance |
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