Major New Release of Nexant RevenueManager Expands Billing and Customer Care Features for Energy and Gas Markets

Nexant, the global energy software and consulting firm, announced today the release of RevenueManager 7.5 — the energy industry’s most flexible and cost-efficient software platform for energy billing, customer care and revenue management.

RevenueManager supports enrollment, account management, complex multi-site/multi-service billing, including time-of-use billing, pricing (simple and complex), payment processing, receivables management, invoice presentation and messaging, credit and collections, web self-service, and TDSP settlements. RevenueManager provides complete automation for billing methods common to retail markets (bill ready, rate ready, and pass-through on retailer consolidated, utility consolidated, and split billing).

“Release 7.5 offers users a wide array of new enhancements,” said Tanya Shepherd, Nexant Vice President of Professional Services and Development. “Some of the enhancements include: user-defined search capabilities, task management, LDC account status history, energy flow tracking, a mass update user-interface, and new e-trading rules, as well as improved functionality for handling continuing service agreements in the ERCOT market.”

“We are extremely pleased that this feature-rich release has been delivered on schedule and follows the product roadmap developed in partnership with our customers,” said Stu Young, Senior Vice President. “This new release clearly indicates the outstanding commitment Nexant will continue to make to our RevenueManager customer base.”

ABOUT NEXANT
Nexant, Inc. is a premier global provider of smart grid, clean energy, and energy efficiency solutions to Fortune 500 companies, utilities, transmission and distribution system operators, chemical and petroleum majors, financial institutions, government agencies, and development banks. Nexant® is a proprietary trademark of Nexant, Inc. Nexant is headquartered in San Francisco, with 24 corporate, project, and representative offices around the world. The company is owned by a select group of investors and Nexant management and employees. Nexant® is a proprietary trademark of Nexant, Inc. For more information regarding Nexant, please visit www.nexant.com or contact Bob Burdett (Nexant, Inc.) at +1 415-369-1114.