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Home > Industry Focus > Utility
As the Utility Industry is grappling with mounting challenges, due to deregulation, consolidation and ever increasing competition, it becomes imperative for the Utility Industry to re-define its technology and business process capabilities. New models of value creation, changing dynamics across the business process and the strict regulations from the local and central authorities are transforming the Utilities sector from a traditional integrated sector to a highly competitive customer-centric sector.
The Utility Companies are exposed to spiraling wholesale pricing volatility and face the uncertainties of the competitive customer markets forcing them to comply with the ever-changing Regulatory & Reporting Requirements and reduce costs to achieve top quartile operating and cost performance.
Thus Utility companies are turning to Outsourcing as a Strategic Initiative to improve the Operational Effectiveness
Outsourcing Customer-facing activities is being adopted as a viable option for the utility segment looking to reduce Cost of Operation, improve Process efficiency to keep up with the competition, regulatory pressure and increased Customer Satisfaction
Utility companies have been the active buyers of multifunction BPO – IDC
Adoption of Process Centric Customer Service is the number one strategy for utility companies to beat regulatory challenges and differentiate their business
60 percent of the water utilities industry have been outsourced or plan to outsource to India

HCL advantage

HCL’s BPO practice across the utilities sector allows companies to achieve their objectives through
  Process improvement
  Labor arbitrage
  Technology innovation
HCL’s Strong Experience in Regulatory Constraints like OFCOM, OFWAT, OFGEM, OFT, FDCG, FDCA etc
HCL utility Centre of Excellence brings in tangible business benefits for the utility segment by
 
  Reducing Daily Sales Outstanding
  Reducing Customer Disputes
  Increasing Collection Amount
  Reducing On Account Receipts
  Ensuring Quality Accuracy and meeting Cycle Time Adherence
15 years of rich experience in Utilities Transformation and SAP for global utility clients
Over 2500 consultants and advisors working on proven Utility Back Office Solution, Works and Asset Management, CRM and Billing

HCL Expertise in Utilities Segment

60 million transactions handled on Customer Support, Metering Support and Dispute Management
More than 700+ qualified and certified Collection Experts to manage Debt Collections
Dedicated WFM platforms and process to forecast ever fluctuating utility transactions
20+ billing processes and over 15 million billing transactions handled for various regulatory clients
Proven Process compliance and understanding of OFWAT, OFCOM, OFGEM, FDCA, FDCG, OFT
Post Processing experience of 3 million+ transactions, purging 90 million archive pages and scanning an estimated 40-50 million pages

HCL Utility Service Offerings

HCL provides utility services for global clients across, the US and the UK, understands the challenges and knows where the opportunities are, to create greater efficiencies and adaptability. HCL possess the capability to provide the entire gamut of front office and back office services in the utilities sector.
Customer Service Management Customer Acquisition Services Billing and Collection Services Service Order Management Customer Financial Management
Customer Care Support Campaign Management Billing & Invoice residential and commercial customers Order Processing Accounting Services
Billing and Account Enquiries Account Setup & Management Billing of Unmetered Services Order Fulfillment Accounts Payable
Customer Up-sell Market Research Collections Management Meter to Cash Services Accounts Reconciliations
Customer Retention Awareness generation Customer Disputes / Refunds New Meter & Exchange Requests Credit Management
Electronic Customer Service Sales for Residential and Commercial Customers Payment Processing Meter Reading Validation Reporting and Analytics
Letter Correspondence Contracts Management      
Process Move-in / Move-out        
Back Office – Voice, Mail and Web-based Services
HR Support and Payroll Processing
Knowledge, Legal and Post-processing Services
Supply Chain Management / Procurement Management
Research & Analytics – Customer Service and Operations Analysis
SCM for Utilities
Our Specific Utility focused service offerings include
 
Sourcing Logistics Support Inventory Planning & Management Order Management System Warehouse Management SCM Visibility & Tracking
Vendor Management Transportation Planning & Management Inventory Forecasting/Analytics Order Fulfilment Goods Receipt Fulfilment Visibility and Tracking
Requirement Processing Distribution Management Replenishment Panning Order Routing & Optimisation Warehousing & Storage Promotional Planning
Source Strategy Freight Costing Master Data Management Order Substitution Merchandise Distribution Procurement Visibility & Tracking
Supply Order Collaboration Freight Audit Product Tiering/Mapping Sales Order Processing Outbound Processing Transportation/Fleet Visibility & Tracking
Spend Analytics Fleet Management Product Coding (UNSPSC, EAN) Pricing & Billing Returns  
E-Sourcing Reverse Logistics SKU Data Management Returns Management Virtual Warehousing  
Direct/Indirect Procurement   Spend Analytics   Cross Docking