- Paigo coming soon as a powerApp
- Do away with manual collection processes in utilities
(powercloud, Offenburg, April 26, 2021) Is it possible to precisely quantify the financial benefits of digital processes in utilities? With “Paigo”, Arvato Financial Solutions has come up with an answer especially for collections. The solution will soon be available to utilities in the powerApp Store from powercloud.
With Paigo, manual processes performed in utilities will fall away thanks to the automation of work steps. Utilities benefit from an effective management system which is also used for monitoring automated collection transfers, and displays e.g. the state of collection or the measures that have already been taken at a glance. “The entire collection process is more customer-friendly and effective. We are outsourcing a classic business process, which currently consumes unnecessary resources at many utilities,” explains Stephan Scherer, Senior Sales Manager at Paigo
The open architecture from powercloud forms the technological basis of the solution: On the one hand, the end-to-end system of the SaaS platform contains all of the processes for the energy economy machine room of utilities, and performs the automated billing processes. On the other, it supplements this core functionality using tailor-made solutions from the associated powerApp Store. Similar to other app stores, utilities will find ready-to-use and tested extensions for the powercloud, which are connected through certified interfaces.
“The integration of Paigo into the powerApp Store rounds off the subject of ‘collections’ on our platform,” says Thayabaran Thanabalasingham, Head of Partner Sales at powercloud. “We are now bringing our shared expertise in billing and collections management to the energy market in a targeted manner. We are convinced that both large and small utilities stand to benefit greatly from this offer in terms of the often complex and lengthy collection procedure.”
About Arvato Financial Solutions
Arvato Financial Solutions provides professional financial services to renowned international brands as well as respected local businesses – allowing them to leave their credit management to a professional, so they can focus on what matters most for their business. The services center around cash flow in all segments of the customer lifecycle: from identity and fraud prevention solutions and credit risk management to payment, factoring and accounting services to debt collection. The Arvato Financial Solutions team is made up of proven and reliable specialists in around 20 countries, among them 7,500 IT, analytics, process, and legal experts dedicated to exploiting the benefits of predictive analytics, advanced platforms, and big data. All employees are united by one goal: Providing companies with smooth and efficient credit management for their best possible financial result.