• Overview

  Automates & links processes in Finance & accounts, works & projects department, inventory, revenues and expenses. It improves financial management, operational control and financial reporting. It is specially built for utilities.
  Financial management of public utilities, municipalities and semi-governmental institutions require specialized solutions that are built from the ground up. Utility ERP solution is built from the ground up for distribution utilities and public sector utilities. It automates and integrates process across Finance & accounts, works & projects department, inventory, revenues and expenses. It helps speed up operations, improve productivity and make the utility ready to take on any competition. It improves financial management and reporting. Customer response is improved, and losses are reduced through efficient works management system that automates budgeting, works contracts, stock and procurement cycles and inventories. The Inventory and asset management system helps tag and track assets across geographically distributed stocks, thus reducing cost of inventory. The system consolidates review and reporting across administrative units such as sub-division, division and corporate levels.

• Features
  • The transactions are performed on a distributed database structure with integration of data at the central office using the basic PSTN connectivity.
  • Filtered authenticated access is provided to managerial staff to access the financial system.
  • The reports which are generated conform to commercial system of double entry book keeping.
  • Our product incorporates best practices to ensure that your utility is operated as a financially sustainable enterprise.
• Benefits
  • Automation of Financial accounting, budgeting, rate modeling and reporting.
  • Automation of Loan management and accounting.
  • Improved financial management, financial reporting, visibility and insight.
  • Quick and easy implementation.
  • Product is specifically designed for the type of accounting in utilities.
  • Integrates with Inventory and asset management system, Billing, revenue management system, works management system, Human resources system and budgeting systems.
  • Transactions can be viewed by cost center or profit center.

• Overview

  Our TRM (Total Revenue Management solution) is a complete headend software solution that automates data collection, work process and analysis in billing and collection for utilities. It eliminates loss, increases billing & collection efficiencies and helps Utilities to increase profits & revenue. TRM captures meter readings, processes data, produces bills, records cash collection and provides visibility into operations for top management.

  • TRM solution includes a head end software, that can automatically communicate with the meter wireless as in the case of AMI, or manually collect meter data using a range of intermediate devices like mobile phones, spot billing machines, optical ports which in turn communicate with the software over GPRS.
  • TRM system captures consumer details, maintains consumer master data, records actual consumption, keeps consumption history, produces bills on the spot in the field, captures cash collection data, matches consumption, demand and data collected, analyses collection data, accounts for energy usage, churns the enormous amount of big the data and produces a variety of reports & dashboards to management for operational control.
  • The system has a powerful and robust rules engine that maps the work-flow and business rules in utilities and automates the process.
  • Consumers can be categorized, differential pricing schemes can be implemented, subsidy can be administered, forecasting and analysis of data can be done to support top management in decision making.
• Benefits
  • Ability to control smart meters.
  • Assured data integrity and real time validation.
  • Cloud based software that handles big data with ease. Robust rules and logic engine provides sophisticated analytics ability.
  • Mobile application that integrates usage of mobile phones and blue tooth printers.
  • Biometric authentication.
  • Smart grid ready.

We perform energy audits using our Total Revenue Management software as a platform. Energy purchased and consumed needs to be matched and accounted. Our energy audits are done using state of the art technology and helps in energy accounting, tagging consumers correctly, and in identifying leakages.

NSOFT performs energy audits using our TRM software as a platform. Consumers are tagged to corresponding feeders and transformers using proprietary technology. With this base in place, audits are done in real time for any given period and input and output power can be matched to identify and pinpoint transformers and feeders where the loss is incurred. This enables accurate mapping, and identification of losses. It allows the distribution company to take immediate corrective action to prevent losses.

In case of prepaid meters, the major problem of the Electricity Distribution companies is that the consumer’s electricity usage information is not centrally logged due to which the utility does not have any hold on the amount of electricity consumed. There could be instances where, if the consumer runs out of power, there is a tendency to bypass the meter. NSOFT will implement energy audits for prepaid meters by using a retrofit to the meter and then extracting the data from the meter in a remote fashion. This data is pushed to a remote server.

The data obtained from the meter is converted into a readable format and is provided through a Web enabled system. MIS reports generated from this system can be provided on the mobiles of the authorized utility staff.