Financial Analysis
Overview
eSight Financial Analysis enables the conversion of consumption data into monetary units. The module provides a central way of managing and storing tariff and contract information and applying this information to the relevant site metering channels within eSight.
When a report is then run and the option for a particular contract is selected, the consumption information is automatically converted into the correct monetary rate according to the supplier contract breakdown.
Supplier Contracts
The eSight Financial Analysis module enables supplier contracts to be stored according to a number of different tariff structures. Validity dates may be applied to each contract and historical information can be stored for retrospective analysis.
Tariff detail can be defined down to a 15 minute change in rates and will include unit and fixed charges.
In addition, eSight also has the ability to provide a revenue contract, which may be used in the tenant billing process.
The financial information is also required when conducting invoice validation within eSight. In this case, full tariff information associated with a particular metering channel is referred to in depth down to individual charge level.
When reporting, the user is simply able to select the option to view information in terms of cost or conduct full tariff analysis. The tariff structure is then referred to and applied to the relevant metering data to provide accurate, detailed breakdown information of energy costs.