Margyn

The ideal solution for companies operating in the energy sector seeking to maintain total control over their billing cycles.

Are you an energy Utilities?

This is the software for you, designed to increase profits and make the efforts of companies that distribute and market electricity and gas more efficient.

Advantages
  • Management

    Provides a complete overview of the energy balance
  • Finance & Administration

    Automate reporting, analysis and error checking
  • Sales

    Apply customized rates and contractual conditions

Why Margyn?

Margyn is the management control platform designed to enhance the efficiency and financial reporting of energy sales companies.
With Margyn, you can effortlessly manage and monitor both sales and purchasing energy invoices using a single, user-friendly tool. Furthermore, you can generate personalized reports and access an interactive dashboard providing real-time insights into your profit margins and performance. Margyn empowers you to optimize revenue and enhance your competitiveness in the market.

MAIN ADVANTAGES

Monitor

Managing and monitoring the purchase energy procurement cycle
Import invoices automatically
Margyn automatically imports and analyzes all purchase and sale billing records in .xls, .xml, or .csv formats. Billing records can be directly downloaded from your supplier's portal, or you can forward supplier emails with attached files directly to a platform address for complete automation.
Supplier billing error detection
Margyn automatically checks the accuracy of all purchase and routing invoices, specifically billing components against your contract and ARERA regulations. It provides real-time data and a history starting from 2022 to scrutinize past invoices.
Export to accounting software
Margyn allows you to export all necessary information for the accounting of purchase cycle invoices, seamlessly integrating with major accounting systems.

Compare

Analyzing and calculating margins between energy purchase and sales invoices
Identifying misalignments between purchased and sold consumption
Margyn identifies deviations in purchased and sold consumption by automatically extrapolating information from billing cycles (sales and purchase). It provides analyses and tools to identify causes and suggests:
  • Monitoring and supervisory actions if deviations are considered physiological and should naturally evolve.
  • Resolutions and actions to eliminate or reduce discrepancies, such as reporting to the distributor/supplier, addressing issues related to misalignments or malfunctions in sales systems and processes.
  • Identifying misalignments between purchased and sales costs
    Margyn can detect and report anomalies in the transfer of 'pass-through' costs between the sales and purchase cycles. It provides detailed reporting of any incorrectly charged and/or credited amounts to facilitate reporting and/or resolution operations related to misalignments or malfunctions in sales systems and processes.
    Profit calculation
    Margyn allows energy and natural gas sales companies to monitor realized margins in a simple and intuitive manner through interactive dashboards. Simultaneously, it provides detailed reporting to reconstruct all scenarios.

    Optimize

    Creating economic opportunities to enhance competitiveness in the market
    Profit optimization on tariffs
    Margyn provides detailed data and in-depth analysis to plan strategies aimed at optimizing margins on energy tariffs. The Simulation platform offers different levels of predictive actions, useful for:
  • Short-term corrective actions by acting on the energy balance, predicting the impact on existing margins following any price adjustments and/or changes in offers/tariffs.
  • Medium-term corrective actions in sites with low or even negative margins to reduce, zero out, and/or increase them.
  • Strategic marketing actions through simulating the future impacts of any commercial campaigns that you might want to adopt.
  • Timely anomaly reporting
    Margyn can detect and immediately report any anomalies. This means you can proactively address any issues, avoiding costly errors. The platform can identify and directly send reports of identified abnormal situations (billing gaps, consumption/costs outside tolerance, penalty billing), allowing prompt problem resolution.
    Optimizing company cash flows
    Margyn allows you to automatically simulate the puchase energy expenditure cycle, helping generate accurate budget forecasts and/or allocations with a high level of precision and detailed analysis of all billing components.

    Large companies and public institutions are already using our softwares

    Since 2012, we have built a strong customer base who have chosen our software to optimize efficiency and enhance competitiveness
    Case Studies
    Poste ItalianeEdison NextCisalfaIntesa San PaoloMediasetBanca Nazionale del LavoroAli SupermercatiATMMediaWorld

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      Features

      Processing and control of purchase invoices

      It automatically collects, analyzes and validates payable invoices relating to the purchase of wholesale energy raw materials and transport, in particular:

      • Monitor and manage your invoices efficiently.
      • Automatically validate invoices, checking compliance with current contracts and rates.
      • Integrates with Navision, SAP and other business accounting tools.
      • Identify discrepancies, unexpected items and penalties, generating detailed reports.
      • It simplifies registration in the administrative system and manages any customized cost centers (e.g. unbundling,..), guaranteeing precision and efficiency.

      Import and processing of sales invoices

      Collects, analyzes and processes sales invoices issued by the company in particular:

      • Import outgoing invoice traces generated by invoicing CRMs.
      • Analyzes and processes sales turnover data by aggregating them by competence.
      • Detect unconventional entries, report any discrepancies.

      Purchase – sale analysis and comparison

      This feature allows you to track the difference between sales and purchase billing for electricity and gas, with the aim of:

      • Detecting discrepancies in consumption between purchases, sales, and distribution for timely and corrective reporting to companies.
      • Highlighting differences between the purchase and sale cycles to identify any missed billings.
      • Identifying charges from the distributor that have not been passed on to end customers, such as debt collection, new activations, terminations, compensations, etc.

      Cost and margin analysis

      Thanks to the powerful calculation engine with Margyn, you can track the difference between purchase and sale billing for electricity and gas, gaining a detailed view of your margins. Additionally, you can:

      • Compare different purchase offers: Evaluate and compare various energy purchase offers from wholesalers to identify the most cost-effective option. The platform includes key current and forecasted market indicators.
      • Analyze margins: Monitor the cost of purchased energy in relation to the revenue generated from selling it to end customers for margin analysis.
      • Clear margin breakdown: Provides a clear breakdown of margins by type of active price lists.

      Margin optimization

      The Margyn simulation engine assists you in finding the best solution to normalize and/or increase your current margins. With the simulator, you can create scenarios and solutions to reduce, eliminate, or maximize negative mark up, aiming to:

      • Provide corrective actions to contain or eliminate losses and streamline mark up.
      • Plan tailored and targeted business strategies.
      • Create new opportunities for business development.

      Report generation

      Margyn provides concise and analytical reports to facilitate the optimization of operational processes and activities, including analyses of costs, profits, and mark up.

      Our reporting system is designed for easy access. Here, you’ll find standard templates for common extractions (details of purchase and sale invoices, customer data, and specific analyses to view your margins on gas and electricity) as well as customizable reports tailored to your specific needs.

      Features

      Choose the features that best suit your business needs.

      Standard Features

      Automate the import and management of invoices

      Designed to automate the import and management of purchase invoices from Excel, CSV, XML and text files, and to provide a comprehensive overview of how they compare with sales invoices, enabling you to verify the accuracy of purchases and analyse profit margins between purchases and sales.

      • Import accounts receivable from the customer’s billing CRM systems
      • Web dashboard for analysing costs, consumption and total margins
      • Anomaly analysis
      • Standard and custom reports
      • API for integration with business software
      • Ticketing portal for technical support

      Feasible Features

      Optimise, integrate and create economic opportunities

      Designed to optimise the analyses provided by standard features when verifying the accuracy of supplier invoices, generating allocations and budget forecasts for expenses, monitoring and planning bespoke commercial strategies, creating new opportunities for economic growth, and implementing corrective measures to improve profit margins where necessary and/or beneficial.

      • Verification of supplier invoices
      • Report on detected errors
      • Strategic simulator
      • Integration with the company’s accounting system
      • Forecasts and budget allocations for expenditure
      • API for integration with business software
      • Ticketing portal for technical support

      Dettaglio dei piani di abbonamento e dei livelli di servizio

      Import Standard Features Feasible Features
      Import invoices from .xls/.csv/.xml files
      Automatically import supplier invoices relating to the purchase of wholesale energy and transmission services directly from the XLS/CSV files provided by the supplier, and import customer invoice files generated by invoicing CRMs by uploading the files directly to the platform or by configuring integrated automation features for automatic download (redirecting invoices to a dedicated email address, accessing the supplier portal, sharing an FTP folder, etc.)
      Check Standard Features Feasible Features
      Invoice verification
      It enables you to check the financial accuracy of an electricity and natural gas supply bill by verifying that the contractual terms agreed with the supplier and all ARERA regulations have been correctly applied. Margyn automatically updates to reflect the regulations in force for the relevant period and contains a historical record dating back to 2019, allowing you to check bills from previous periods as well.
      Report in support of the complaint against the supplier (Report on errors detected)
      This allows you to download a report containing all the information automatically calculated by MARGYN for the verification of supplier invoices. This enables the user to independently report any issues to the supplier.
      Analysis Standard Features Feasible Features
      Web Dashboard
      It allows users to view a range of indicators and charts relating to the energy data processed by the platform. Users can obtain an overview showing a comparison of active and reactive consumption, as well as the amounts relating to costs and revenues, with an indication of the total margin.
      Basic Analytics
      It allows users to view a range of indicators and charts relating to the energy data processed by the platform. Users can obtain a detailed overview of consumption trends, as well as costs and revenues, thereby enabling them to compare active and passive consumption, cost and revenue figures, and profit margins across specific segments (REMI, supply zone, sales price list, etc.).
      Basic Anomalies
      This allows the user to receive an alert if MARGYN detects an anomaly relating to billing gaps (e.g. invoices not uploaded and/or not issued by the supplier) or unusual consumption in a given month (e.g. this month’s consumption exceeds the 15% threshold compared with the same month last year).
      Advanced Analytics
      It allows users to view a range of specific and detailed indicators and charts relating to the energy data processed by the platform. It provides a detailed overview of consumption trends, as well as costs and revenues, thereby enabling comparisons of active and passive consumption, cost and revenue figures, and profit margins across specific segments (REMI, Supply Zone, Sales Price List, etc.) and on specific cost items (e.g. transmission costs vs. distribution and transport costs for active invoices, dispatch and distribution vs. dispatch costs for active invoices, compensation, other costs and revenues, etc.).
      Advaced Anomalies
      It allows users to receive alerts should MARGYN detect anomalies and/or discrepancies in data relating to active and passive consumption, as well as expenditure and revenue items, and to monitor deviations in real time using constantly updated data (e.g. active and passive deviations in the capacity market, discrepancies between transmission costs and items charged on outgoing invoices, etc.).
      Standard Reports
      The platform allows users to download various types of standard reports containing pre-configured analyses, providing an overview of the data at both an aggregate and a detailed level.
      Custom Reports
      The platform allows users to generate and download various types of customised reports tailored to the client’s requirements.
      Advanced Reports
      The platform allows users to download reports containing pre-configured analyses related to its features, providing visibility into data at both an aggregate and detailed level.
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      Forecasts, allocations and expenditure budgets.
      It allows you to use the platform’s simulation module to forecast energy costs, taking into account various operational requirements such as setting an annual budget, updating the budget through revisions, or generating monthly allocations for the administration.
      Strategic Simulator
      This feature, which utilises the platform’s simulation module, is designed to enable management to assess corrective measures aimed at improving retail margins and/or to make informed decisions regarding new commercial strategies in order to evaluate their impact on the company’s margins.
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      Automation Standard Features Feasible Features
      Automatic retrieval of supplier invoice files in .xls/.csv/.xml format
      This eliminates the need to manually upload supplier invoice data to the platform, meaning that users will find their invoices already analysed within the system.
      Standard reports to support accounting
      It allows you to download a standard report from the platform containing all the data required for posting purchase invoices.
      Customised report to support accounting
      It allows you to download a customised report from the platform, based on the specifications provided by the customer, containing all the data required for the accounting of purchase invoices.
      Customised automated integration with a corporate accounting system, including API development
      It enables the activation of an invoice approval workflow and the recording of the accounting data for an energy bill (breakdown of costs by cost centre and month) directly within the customer’s accounting software. This process may require the implementation of a bespoke integration, depending on the accounting system used by the customer.
      -
      Standard API for integration
      The platform provides a set of RESTful APIs that enable customers to easily integrate Margyn with other business software applications.
      -
      Support Standard Features Feasible Features
      Technical support ticketing portal
      It allows customers to create support tickets in the event of technical issues when using the platform

      * Applicable if the “Check” service level is selected, for electricity and natural gas only.
      ** Does not include the handling of any dispute resolution and/or legal action against the supplier.

      Frequently Asked Questions (FAQ)

      How to avoid manual accounting of bills?

      With Margyn and our team of experts, you can configure a custom approval workflow for sales invoices that starts with automatic import into the system, goes through precise verification of the correctness of the charged items, and culminates in approval and the automation of flows seamlessly integrated with the company’s internal accounting systems.

      How do I transmit purchase and sale invoice data to Margyn?

      Margyn is designed to import billing data directly from suppliers without any reprocessing by customers. Margyn can retrieve invoices in xls, csv, xml, or PDF formats directly from your supplier’s portal, or you can forward supplier emails with invoices directly to a platform address, automating the entire process.

      Does the software requires local installation and updates?

      No, Margyn is a cloud platform that doesn’t require installations or updates from the client. It can be accessed directly from any browser through user authentication with provided credentials. There are no license costs or limitations on the number of users accessing the platform. Access profiles and visibility cones for authorized users can be customized according to business needs.

      What is the cost of Margyn?

      Margyn is delivered as a Software-as-a-Service (SaaS), with an initial one-time cost for configuring the platform according to customer specifications and a monthly fee calculated based on the number of managed delivery points. There are no license costs, and user access is not limited.

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      BETA version
      Fill out the form to request a demo and discover how to optimize and efficiently optimize the economic and accounting performance of your company. You will be able to take a 360° tour of the platform and receive detailed explanations of all Margyn features from our experts.

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