Company: POWWR
Founder: Paul Hodnett
Website: https://www.powwr.com/
About POWWR
POWWR is a cloud-based software provider for the energy and utilities sector. Utilising its extensive industry experience and working in partnership with its customers, the company combines technology with human ingenuity to build elegant and sustainable solutions for the global energy marketplace. POWWR’s advanced platforms and simple solutions help over 65 energy suppliers and more than 2,100 brokers across the United States and the United Kingdom win more deals, manage risk, and grow their businesses.
POWWR has three main solutions: Broker360, Sales360, and Risk360. Broker360 is an award-winning energy portal developed for energy experts, by energy experts. With Broker360, energy brokers can accelerate the entire sales cycle. From instant pricing to sales analytics, Broker360 helps them easily scale their business, provide optimal customer service, and be empowered to make smarter strategic decisions.
POWWR’s Sales360 solution is relied upon by countless energy suppliers to automatically price deals, produce verified quotes, send electronic contracts, and manage the customer journey. POWWR’s Sales360 solution is a highly dynamic, visual tool that provides complete transparency and the right information at the right time to make smart, proactive sales decisions.
Popular with energy suppliers, Risk360 sets the golden standard in terms of data transparency, providing accurate demand forecasting, scheduling, and position reporting via a single intuitive platform. This helps suppliers with energy procurement and the management of competitive margins. Risk360 automatically updates daily with any changes in the market and includes a multitude of data points such as future contract lengths, hedges, and forward price marks so that companies can optimally minimise their risk and maximise their margins.
It continues to be exciting times for POWWR. It has recently announced POWWR Sales360 New Connections, a new software module designed to streamline new meter installations by eradicating the traditional highly manual process that is both slow and prone to errors. A few months previous, it announced Sales360 Market Insights. The innovative new analytics product helps energy suppliers of all sizes instantly analyse their market positioning and how they are performing against the competition. There have also been recent enhancements to both its Broker360 and Risk360 solutions too.
Over the past twelve months, POWWR has also launched a popular Quarterly Energy Barometer Report which provides valuable insight into just how much energy UK businesses are consuming, and what they are paying for it. The report is based upon several hundred thousand separate data points covering a verity of businesses, from boutique start-ups to large industrial and commercial organisations.
Whilst it helps businesses of all sizes, POWWR has been achieving significant traction with industrial and commercial (I&C) energy brokerages and suppliers. And for good reason. They have never needed streamlined processes and advanced tools more than in the current climate of the industry. As they navigate this complex sector, the ability to efficiently manage tender requests, leveraging specialised energy software cannot be understated to optimise tender request processing, provide and access dynamic pricing, and produce tailored quotations. POWWR and its industry-leading SaaS cloud technology is well placed to help.
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