Thanks to technological advances, companies now have a variety of financial solutions offered by Fintech. However, each sector has its characteristics and challenges, so financial solutions adapted to each environment are needed, especially in specialized areas such as the energy sector. Below, we will learn how Pilsenga can help automate the financial operations of companies in the energy sector.
Automation of the financial operations of energy companies
Pilsenga offers a wide range of financial services which, when implemented and complemented, provide financial solutions adapted to the energy sector, allowing companies in the energy sector to automate their financial operations, making them more efficient and versatile. The main tools or solutions that let Pilsenga automate the financial operations of companies in the energy sector are the following:
Batch payments
Batch payments allow companies in the energy sector to automate their payment processes, making multiple payments in a single operation, whether the payment of invoices, accounts payable, workers (payroll), or suppliers.
Among the main advantages of batch payments are the following: reduction of manual error rates, creation of long-running invoices, help in controlling expenses, ability to make partial payments, improved financial efficiency, and reduced operating costs (fewer labor hours, administrative costs, and follow-up tasks for each payment).
Accounting package
Pilsenga’s accounting package is a financial tool that allows companies in the energy sector to optimize their operations and accounting processes through a wide range of tasks and functions, besides providing an efficient record of all their financial transactions.
With an adequate accounting package, companies in the energy sector can improve their decision-making process since they have updated information, which allows them to act efficiently and immediately, in addition to helping the company comply with its tax obligations practically and efficiently through its customized returns.
Wallet
Pilsenga offers the Wallet service, which allows companies in the energy sector to store, safeguard, and manage their digital assets (e-money and cryptocurrencies), allowing them to make transactions, send and receive payments, and even acquire products and services within the vast global market. It is essential to highlight that Pilsenga Wallet operates within a powerful, intuitive, and highly secure ecosystem, which has been designed exclusively for medium-sized companies, especially in the energy sector.
FIAT and VC ledgers
One of the services that energy companies can benefit from is the FIAT and VC ledgers offered by Pilsenga. Through VC ledgers, companies in the sector can manage and monitor their transactions in virtual currency or cryptocurrencies. On the other hand, FIAT ledgers can efficiently track all transactions in fiat currency (FIAT).
E-money & IBAN services
Pilsenga can help automate the financial operations of companies in the energy sector through its e-money & IBAN service, as it allows them to carry out transactions remotely and efficiently, enabling them to make SEPA payments and SEPA Instant payments, as well as benefiting from the optimized e-money service.
At this point, multi-currency IBAN accounts stand out, which allow sending and receiving payments in more than 30 currencies (among approximately 150 countries that have adopted this system). A multi-currency IBAN account enables the company to maintain balance in “different currencies” in the same account, allowing the company to have a high level of flexibility since it can maintain its funds in different currencies without the need to open separate accounts for each currency.
Dedicated and customized services
Pilsenga helps automate operations in the energy sector through a range of dedicated and tailor-made services besides being adapted to the needs of energy companies. Within this range of financial services, we highlight batch payments, multi-currency IBAN accounts, cross-border payment gateways, dedicated accounts, invoice functions, risk assessments, and 24/7 dedicated manager support.
What do you think about this topic? Do you want to know more about the automation of financial operations for companies in the energy sector?
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