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EDGE LIVE now displays invoice reconciliation & accruals outcomes

James Webster, Edge Software Development Manager

In addition to Snapshot functionality which provides you with information relating to your current and forecast spend and consumption, you can now access your Invoice Reconciliation and Accrual outcomes instantly within Edge Live.

Your Edge Portfolio Manager undertakes your Invoice Reconciliation services the same business day that your final invoice is issued by your Retailer.  From here, the payment advice and outcomes are published instantly on Edge Live. You will receive an email notification that the reconciliation outcome is available, with links through to the Invoice Reconciliation Report.  Providing you with details of the invoice outcome, broken down to the detailed levels of energy, network, markets and other costs.

Figure 1 Invoice reconciliation outcome in detail.

Viewing the results is easier and more efficient than ever before.  View them in Edge Live directly from your web browser rather than having to open excel and find the information relevant to you.  Though if you need to, the data can be exported to excel easily with the click of a button within Edge Live.

You will be provided with the invoice reconciliation outcomes, advice on whether to pay or not to pay and any additional personalised comments from your Portfolio Manager relating to your portfolio and individual sites.

Figure 2 Invoice reconciliation notification at an invoice level.

Your monthly Accruals reporting is also available via the online portal. Again, providing an easy and efficient way to advise your finance teams what the expected electricity spend of your portfolio will be as you near the end of each month.

And don’t forget about the existing Dashboard module.  Filter by site and drill-down on specific time-frames of your electricity portfolio so that you can get a clearer view of consumption and costs.

Your Portfolio Manager will be in touch soon to discuss these new features with you, and ensure you have access to Edge Live as well as answer any questions you may have.

We have some exciting features planned for the remainder of 2018. If you have any feedback or suggestions on how Edge Live can be of more value to your business please do not hesitate to let us know, and we will do our best to incorporate this into our Edge Live development roadmap.

To learn more about Edge Live functionality click here, or speak with your Edge Portfolio Manager.