Flux Federation Announces Debut of Multi-Party Billing at #DF23
San Francisco stands witness as the energy tech behemoth, Flux Federation, introduces its latest marvel for the burgeoning new energy economy. Their new solution, unveiled at the much-anticipated Dreamforce 2023 event, is setting a new gold standard, catering to the escalating demands of global decarbonisation investment.
Flux’s Response to the Energy Sector’s Growing Needs
Designed to meet the complex demands of today’s energy market, Flux’s Multi-Party Billing tool offers energy sellers a unique proposition: leveraging a singular consumption data to bill multiple stakeholders under various commercial contracts. This leap forward holds potential for numerous applications, including but not limited to, Virtual Power Plants (VPP), EV fleet management, Power Purchase Agreements (PPA), and projects geared toward grid flexibility.
Flux CEO, Nic Kennedy, shed light on the impetus behind this development, noting, “We have heard the frustration of energy sellers all over the world who cannot leverage the potential of new energy hardware through scaled customer products.” She further underscored the overarching challenge:
“You cannot sell what you cannot bill. While globally we are making massive headways in the availability of smart hardware and innovative pilot initiatives, as an industry we need to scale these opportunities if we are going to reach decarbonisation targets.”
Seamless Integration and A Glimpse Into Practical Application
Come September 14th, Dreamforce 2023 attendees will have the privilege of observing the Multi-Party Billing in action. Embedded within Salesforce’s E&U Cloud, this demo promises to reveal the real-time computation of customer invoices and the broker commissions pertaining to a Power Purchase Agreement.
Kennedy elucidated the tangible benefits of their product, saying,
“Broker commissions are a great example. Brokers are a critical part of the sales ecosystem for energy sellers, but until today sellers have not been able to accurately calculate, in an automated way, the commissions due. This is just getting harder as more complex products come to market. We have solved an issue that creates huge management overhead and limits business growth.”
Indeed, the collaboration between Salesforce and Flux Federation indicates a mutual acknowledgment of the latter’s immense potential, with the former actively integrating Flux’s capabilities into their top-tier solution for the energy and utility sphere.
Wrapping Up: The Global Ambiance at Dreamforce 2023
For those unfamiliar, Dreamforce is Salesforce’s annual technological extravaganza hosted in San Francisco. It’s a melting pot of over 200,000 tech aficionados from across the globe, assembling both in person and online. This year’s summit is scheduled from September 12th to 14th.
A Glimpse into Flux Federation’s Legacy
Hailing from New Zealand, Flux Federation carves its niche as an authoritative figure in the EnergyTech domain, consistently rolling out avant-garde billing solutions for energy sellers spanning the globe.
In concluding, as we stand on the precipice of an energy revolution, innovations like the Flux Multi-Party Billing are not just desirable, but imperative. We invite our readers to share their insights, predictions, and comments on how this tool might shape the future of energy consumption and billing.
For any further queries or insights, reach out to Jessica Venning-Bryan at Flux Federation: +64 27 528 0257 or jessica.venning-bryan@fluxfederation.com.
