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Empowering Digital Transformation in the Energy Sector: Energy Billing Solution for Kratos RES
Empowering Digital Transformation in the Energy Sector: Energy Billing Solution for Kratos RES 839 630 Exist Software Labs

“Exist Software Labs, Inc. has been an invaluable partner in addressing our billing operational requirements. With their expertise, we’re confident that launching the new system in 2025 will improve our operations and enhance service for our clients.”
– Jose Rommel Orillaza, Operations Head of Kratos RES, Inc.


At Exist Software Labs, Inc., we believe that every company’s journey toward digital transformation is unique—especially in an industry as dynamic as energy. Today, in this article we are pleased to announce our latest collaboration with Kratos RES, Inc., a company committed to delivering reliable power supply. Our partnership is focused on assisting Kratos RES’ operations by implementing a robust Billing System capable of effectively addressing all their challenges.


KRATOS RES: Delivering Reliable Power

As an emerging yet impactful player in the energy industry, Established in 2011, under the visionary umbrella of Prime Asset Ventures, Inc. (PAVI), Kratos RES understands the critical importance of accurate and efficient billing in maintaining smooth operational performance. They need more than a one-size-fits-all system. Kratos requires a solution fit to their specific business needs and can handle everything from contract management to invoicing while staying compliant with industry standards.

This is where Exist Software Labs, Inc. steps in. With our extensive experience in developing energy systems, we’ll provide a solution for Kratos RES that combines the latest in technology with an in-depth understanding of the sector’s demands. Our customized Billing System, eBillsync will bring features that streamline operations and enhance billing accuracy while future-proofing Kratos RES’s business.

Want to know about our WESM-Compliant Energy Trading and Billing System?

Contact Us

The Power of Digital Transformation

Kratos ResDigital transformation is more than a buzzword; it’s a pathway to unlocking new efficiencies and growth opportunities. Now, for Kratos RES, embracing digital transformation through our customized Billing System means a more streamlined billing process, greater transparency for their clients, and improved data-driven decision-making.

Seamless Integration and Customization

One of the key strengths of our solution lies in its ability to integrate various systems seamlessly, we help Kratos RES integrate its Enterprise Resource Planning (ERP) ensuring that all of its business processes are synchronized and working at their optimum level.

Customization is also at the heart of our approach. We understand that Kratos RES has its specific processes and workflows, which is why our solution is built to be flexible. We’ve customized the system’s workflows, user interfaces, and reporting capabilities to meet Kratos RES’s exact needs, providing a system that not only fits their current operations but also scales with their future growth.

Ensuring Scalability and Compliance

As Kratos Res continues to grow, so does the demand on their systems. Our solution is designed to scale effortlessly, handling increasing transaction volumes and user loads while maintaining peak performance. Moreover, security and compliance are paramount. We’ve implemented robust security measures, including user authentication and data encryption, to protect sensitive billing data and ensure compliance with industry regulations.


Partnership for the Future

From left: Kratos RES, Inc. – Chief Finance Officer, Cecille Bernardo; Information Technology Head, Rose Estampador; Operations Head, Jose Rommel Orillaza; Exist Software Labs, Inc. –  VP of Operations, Christopher Silerio; VP of Engineering, Jonas Lim; Technical Director, Steven Siahetiong at the Digital Transformation Engagement Contract Signing on June 13, 2024, at BGC, Taguig.

At Exist Software Labs, we see ourselves as more than just a technology provider—we’re a dedicated partner invested in Kratos RES’s long-term success. Our customized Billing and Collection System, eBillsync, reflects our commitment to empowering energy companies like Kratos RES to embrace digital transformation, streamline operations, and stay ahead of the curve.

Together, we’re driving innovation in the energy sector, ensuring that Kratos RES can thrive in an evolving industry. As we continue this journey, we remain committed to offering ongoing support and helping not only Kratos RES but also other Retail Electricity Suppliers across the country reach their goals with top-tier energy billing solutions.

Start Your Energy Digital Transformation Today!

Contact Us

Are you ready to start your Energy Digital Transformation?

    TeaM Energy
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    Team Energy Revolutionize its Operations with WESM-Compliant Energy Billing System
    Team Energy Revolutionize its Operations with WESM-Compliant Energy Billing System 839 630 Exist Software Labs

    “Exist Software Labs has been pivotal in enhancing our operational capabilities. The eBillsync solutions have streamlined our processes, allowing us to focus more on innovation and customer satisfaction.”
    – Tristan Taghoy, President, TPEC.


    In Taguig City, on October 17, 2023,     TeaM Philippines Energy Corporation (TPEC), the retail electricity arm of TeaM Energy Corporation, and a leading figure in retail electricity supply and renewable energy solutions, embarked on a significant digital transformation journey. This pivotal moment marked the culmination of their strategic partnership with Exist Software Labs, Inc. harnessing the capabilities of eBillsync a WESM-compliant energy billing system, TPEC has taken a substantial step towards enhancing their operational efficiency and fueling future growth.


    Who is TeaM Energy Corporation?

    TeaM Energy

    TeaM Energy Corporation is one of the largest independent power producers in the country. It operates the 735 MW Pagbilao Power Station in Quezon Province. It also has a 50% stake in the adjacent Pagbilao Unit 3 Power Project. 

    Staying true to its mission, it is recognized for its commitment to sustainability and community development, investing heavily in providing dependable power and environmental and social initiatives. Their adoption of advanced technologies ensures operational efficiency and compliance with environmental standards.

     

    Pagbilao Power Station

    Pagbilao Power Station

    TeaM Energy

    Corporate Office (Energy Supply Business)

    TeaM Energy’s Key Challenges in Energy Operations

    Navigating the complexities of energy operations in a rapidly evolving industry posed significant challenges for them. They needed robust solutions to optimize operations and ensure compliance while maintaining profitability. Some of their key Challenges are:

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      • Regulatory Compliance:

        1. Their compliance with evolving regulations. ERC, DOE, and WESM’s year-on-year publish new policies, regulations, and guidelines that every market participant has to adhere to.
      • Diverse pricing structure:

        1.  Managing and calculating various pricing structures accurately can be complex and error-prone.
      • Data Integration Challenges:

        1. Integrating data from various sources, such as meter readings, and market data, can be challenging. 
        2. MMS data is available via API, MPI, IEMOP website, or subscription, this can be a challenge to their non-technical users
        3. Ensuring that all data is up-to-date and accurate is essential for billing accuracy.
      • Manual Generation of Invoice

        1. Their generation and submission of invoices is quite tedious since they also have a lot of customers.
      • Data Security and management:

        1. Protecting customer data is highly important, having all those Excel sheets being shared and passed around across departments is a possible security vulnerability.
      • Manual Processes and inaccurate Billing:

        1. Manual billing processes are time-consuming and susceptible to human errors. Inaccuracies can result from various factors, such as meter reading errors, data entry mistakes, or system glitches. These errors can lead to disputes with customers and regulatory penalties.
      • Data Silos:
        1. Information is stored in separate systems or departments, making it hard to access or share across the organization. This separation limits collaboration, decision-making, and overall efficiency.
      • Data Quality: 
        1. TeaM Energy manages a large amount of data, and data quality is a challenge. Some of their data is inaccurate, incomplete, or outdated, which can result in poor decisions, mistakes, and inefficiencies in their operations.
      • Historical Data Management:
        1. Past data is poorly organized, making it hard for them to access, analyze, or use for long-term planning. This led to missed opportunities, inefficiencies, and less accurate forecasts in their system.

    Overcoming TeaM Energy’s Challenges with Digital Transformation Solutions 

    TeaM Energy embarked on its digital transformation journey by first implementing Data Warehouse and automating its billing processes using our eBillsync product. This marked the beginning of embedding digital transformation at the core of their operations. To address their distinct challenges, we developed customized digital transformation solutions, including:

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      • Data Warehouse – By leveraging IEMOP, external, and transactional data, they can now harness the power of analytics, enabling them to access critical insights derived from a robust data warehouse.
      • Data Management Solutions – With an in-place data analytics platform, Team Energy now enjoys comprehensive data management capabilities. These allow them to efficiently organize, store, and analyze vast amounts of energy-related data, including IEMOP market data, CRSS metering, and settlement data, as well as external sources like weather forecasts, forex, and other third-party data inputs. Additionally, the platform enables seamless data visualization on Tableau and Power BI, providing clear, actionable insights through interactive dashboards.
      • Easier Management of Billing Determinants/Variables – They can now flexibly manage all essential billing parameters such as PH-CPI, Forex, US-CPI, Global Coal Index, Time-of-Use Rate, DU Generation Rates, and other parameters, all while tracking historical determinant values and reusing these values consistently across all contracts.
      • Smooth Processing of CRSS Metering and Settlement Data – Managing CRSS metering and settlement data is now easier, they can now handle CRSS ZIP and CSV files smoothly, ensuring a hassle-free experience.
      • Streamlined Invoice Generation and Submission – The use of end-to-end billing automation will now help them significantly reduce manual intervention. They can now automatically generate and process electronic invoices/receipts easily in accordance with BIR format.
      • Flexible Pricing Structure and Billing Statements Setup – Team Energy can now flexibly create billing computations based on contracts and easily adjust the power bills generated by the system to meet client requirements.
      • Integration- Ready Platform – Their Energy Billing platform can be easily integrated with various ERPs like SAP, and NetSuite whether via API or batch file generation.
      • Line Rental and NSS Allocation Processing – A significantly shortened the time required to process thousands of data points and perform complex calculations with an automated Line Rental and NSS allocation process based on the customer’s GESQ or BCQ, using CRSS Settlement Data.
      • Integration with MMS and IEMOP Market Data – They can now access MMS data via API and crawl the IEMOP Market Data website, ensuring comprehensive availability of market-related information.
      • Actionable Market Data Insights – With comprehensive report dashboards, they have significantly enhanced their decision-making on market prices, spot quantities, offered prices, and other critical market data.


    Embracing the Innovation

    TeaM Energy
    From left: TeaM Energy Corporation – Senior Manager, Michael Oaferina; AVP, Tristan Tachoy; Exist Software Labs, Inc. – President, Michael Lim; VP of Operations, Christopher Silerio; and Technical Director, Steven Siahetiong at the Digital Transformation Engagement Contract Signing on October 17, 2023, at BGC, Taguig. 
    TeaM Energy
    TeaM Energy
    TeaM Energy
    TeaM Energy
    TeaM Energy

    We believe this partnership will truly revolutionize not just the two companies involved but the entire energy sector in the country. It showcases how information technology can make energy companies more agile and competitive. By automating processes and enhancing operational efficiency, this collaboration has established a new benchmark and opportunity within the industry. The result? Enhanced service delivery across the country, benefiting businesses in the energy sector!

    As TeaM Energy Corporation continues to lead with sustainability and innovation, Exist Software Labs, Inc. remains dedicated to empowering energy companies in the country, ensuring they thrive in a competitive and dynamic market landscape.

    Start Your Energy Digital Transformation Today!

    Contact Us

    Are you ready to start your Energy Digital Transformation?

      WordPress vs. CrafterCMS
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      WordPress vs. CrafterCMS: Which CMS is Right for Your Energy Website?
      WordPress vs. CrafterCMS: Which CMS is Right for Your Energy Website? 839 630 Exist Software Labs

      Choosing the right Content Management System (CMS) is vital—it’s the face of your business and shapes how customers experience your brand. Get it right, and your online presence thrives; get it wrong, and it will drag you down.

      As for energy companies, having a scalable and fully secured CMS is essential. Two platforms—WordPress and CrafterCMS are the frequent options. Both offer distinct features, their fair share of pros and cons, capabilities, and ideal usage,  but the right choice really will depend on your business needs.


      WordPress: The Popular CMS Powerhouse

      WordPressUndoubtedly, WordPress is still the most popular CMS, with over 62.7% market share versus other CMS available in the market, and that’s pretty high! WordPress is an open-source platform with thousands of plugins and themes available, and it’s highly versatile and suitable for any vertical, including energy companies. And the best thing? Anyone can use it even without extensive knowledge of coding.

      • Why Developers Love WordPress

        • Ease of Use: WordPress offers a built-in dashboard. You can easily play with different elements, making it user-friendly even for non-developers. The platform is ideal for quick website setups, offering drag-and-drop functionality with different builders available.
        • Customizability: With the power to choose from over 60,000 plugins and thousands of themes, WordPress allows developers and non-developers to create custom websites without coding everything from scratch. This is particularly useful for start-ups, small businesses, blogs, and e-commerce websites.
        • Community Support: WordPress has a vast, active community of developers, offering forums, tutorials, documentation, and other resources that make troubleshooting and learning easy.


      CrafterCMS: A Modern, Enterprise-Grade CMS

      CrafterCMS

      CrafterCMS, 10 years younger than WordPress is designed for enterprises seeking scalable, headless CMS solutions. It’s a modern platform, built with a developer-first approach, offering flexibility and high performance.

      Even though it has a relatively smaller number of users than WordPress, many developers prefer to use CrafterCMS because of its main benefits from a developer-first approach. It has a well-documented codebase, extensive API, great support from modern development workflows, and other features, making it easy for developers to manage and play around content and web assets.

      • Why Developers Choose CrafterCMS

        • Headless Architecture: CrafterCMS is a headless CMS, which means, it decouples the front-end presentation from the back-end content management. Developers can deliver content to any device or platform—whether it’s a website, mobile app, or IoT device—via APIs. This gives developers more freedom in building sites, making CrafterCMS one of the most flexible and dynamic CMS.
        • Enterprise-Grade Scalability: One of the requirements of an enterprise company is the capability of a CMS to scale up easily. Good enough, CrafterCMS is Built for large-scale enterprises, it can effectively manage substantial content and high traffic, making it a good fit for energy firms with wide reach and intricate data management requirements.
        • Personalized Experiences: Creating an individual experience is one approach that can increase customer engagement and CrafterCMS can provide this. Real-time content delivery based on user behavior will allow energy companies to provide tailored digital experiences across multiple channels.
        • Strong Developer Support: CraftCMS is built on modern Java technologies, it also supports Git-based workflows, comprehensive documentation, active community, and dedicated support.

      Are you ready to start your Energy Digital Transformation?

      Contact Us


      Security: A Critical Factor

      Security is a major concern for anyone building a website, and both WordPress and CrafterCMS have differing approaches to this critical area.

      WordPress Security

      As the most widely-used CMS, it is no wonder why WordPress is a frequent target for cyberattacks. According to different reports, the platform’s reliance on third-party plugins exposed them to vulnerabilities, not to mention personal accounts without robust codes.

      “Between August and September 2022, Wordfence blocked over 4 million attacks aimed at 280,000 sites that installed the plugin WPGateway. The plugin suffered a vulnerability that allowed hackers to add a malicious admin account, potentially taking control of the website.”
      – According to WCanvas (18 WordPress Security Statistics for 2024)

      However, WordPress security can be significantly enhanced through:

      • Updating the core platform, plugins, and themes more frequently and regularly
      • Make sure to have a strong password with 2-factor authentication (2FA)
      • Managed WordPress hosting solutions like WP Engine or Kinsta, offer enhanced security features.

      For businesses without an in-house or dedicated security team to oversee and manage WordPress, security can be a challenge, especially when the site scales.

      CrafterCMS Security

      CrafterCMS is designed with enterprise-grade security in mind. Built on Java, it features robust security protocols such as Role-Based Access Controls (RBAC), advanced encryption, and support for authentication standards. This makes it particularly secure for industries like energy, where regulatory compliance and data protection are paramount.

      CrafterCMS has strong built-in security features, such as:

      • Role-based access controls (RBAC)
      • Advanced encryption methods
      • Support for enterprise-grade authentication methods like LDAP, OAuth, and SAML
      • Seamless integration with existing security infrastructures These features make CrafterCMS more secure out-of-the-box compared to WordPress, especially for enterprise-level deployments.


      Developer Experience: Plug-and-Play vs. Flexibility

      CMS

      The developer experience is another critical factor to consider when choosing a CMS for your energy website.

      • WordPress is a no-code, plug-and-play tool, developers and non-developers professionals can easily build a basic website using available plugins and themes without needing a code.
      • CrafterCMS, on the other hand, is for developers who want to have full access to front-end frameworks, it’s modern architecture allows for the development of modern web applications and omnichannel digital experiences, making it suitable for energy companies, looking to integrate across multiple platforms.

      • Use Cases: When to Choose WordPress vs. CrafterCMS

        • WordPress is best suited for:
          • Small to medium-sized energy firms need a fast, affordable website.
          • Blogs, portfolios, or smaller e-commerce stores.
          • Teams with limited development resources or those seeking a quick go-to-market solution.

         

        • CrafterCMS is ideal for:
          • Large-scale enterprise websites with complex content and high traffic loads.
          • Energy firms need omnichannel content delivery across websites, mobile apps, and IoT devices.


      The Verdict: Which CMS is Right for Your Energy Website?

      Choosing between Worpress and CrafterCMS will come down to the size, complexity, and security you need for your energy website. 

      WordPress is a good choice for a business looking for an easy-to-use website and quicker time-to-market, especially for small to medium-sized businesses and non-developer professionals. On the other hand, if you’re an energy company that’s undergoing digital transformation, or looking for a more flexible, robust, and scalable, the enterprise-grade security and performance of CrafterCMS is what you need.

      Both platforms can surely build future-proof websites, but for energy companies looking to leverage the latest web technologies and omnichannel experiences, CrafterCMS stands out as the modern choice.

      Are you planning to build or revamp your energy website? Exist Software Labs, Inc. can help you create a future-proof, scalable platform that aligns with your business needs and goals. Let’s bring your vision to life—reach out to us today!

      Start Building your Energy Website Today!

      Contact Us

      Are you ready to start your Energy Digital Transformation?

        PEPIF 2024
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        IEMOP: MPU and PEPIF 2024 Events Power Up the Future of Energy Efficiency in the Philippines
        IEMOP: MPU and PEPIF 2024 Events Power Up the Future of Energy Efficiency in the Philippines 1300 972 Exist Software Labs

        ILOILO CITY – The Independent Electricity Market Operator of the Philippines (IEMOP) successfully convened the Philippine Electric Power Industry Forum (PEPIF) 2024 on April 5th at the Iloilo Convention Center (ICON). Held under the theme “Powering a Sustainable and Secure Energy Future for the Country,” the forum brought together key stakeholders from across the Philippine electric power industry for two days of engaging discussions and presentations.

        The event commenced with the Market Participants Update (MPU) on April 4th at the Courtyard by Marriott in Iloilo City. This annual gathering provided IEMOP a platform to apprise Wholesale Electricity Spot Market (WESM) members of the latest market operations developments.


        IEMOP Electrifies Stakeholders with Market Participant Update (MPU)

        , IEMOP
        Market Participant Update, IEMOP
        Market Participant Update, IEMOP
        Market Participant Update, IEMOP
        Market Participant Update, IEMOP
        Market Participant Update, IEMOP
        PEPIF 2024, IEMOP
        PEPIF 2024
        PEPIF, IEMOP
        PEPIF, IEMOP
        PEPIF, IEMOP
        , IEMOP
        PEPIF, IEMOP
        PEPIF, IEMOP
        , IEMOP
        PEPIF, IEMOP

        This crucial gathering provided IEMOP a platform to apprise Wholesale Electricity Spot Market (WESM) members of the latest market operations developments. Here’s a glimpse into some of the key takeaways from the MPU:

        • Opening Keynote by Dr. Rowena Cristina Guevara, Ph.D., Undersecretary of the Department of Energy: Dr. Guevara’s keynote addressed the government’s perspective on the energy sector, potentially outlining national priorities and upcoming initiatives of the Department of Energy.
        • Market Operation Highlights by Isidro E. Cacho, Head Trading Operations Department of IEMOP: Mr. Cacho’s presentation focused on the nitty-gritty of WESM operations. He presented updates on trading activities, insights on market transactions and generation mix, and recent technical developments that could impact WESM participants.
        • Enforcement and Compliance Updates by Atty. Ma. Hazel Gubaton-Lopez, Chief Enforcement and Compliance Officer of Philippine Electricity Market Corporation (PEMC): Ms. Gubaton-Lopez’s session informed participants about compliance monitoring, reserve market compliance, WCO Certification and registration, and compliance-related rule amendments and developments.

        Watch the full event here.

        The interactive environment of the MPU fostered open communication, allowing trading participants to raise concerns and seek clarification on the presented updates, ensuring they remain compliant and informed WESM operators.

        Get Your FREE Basic Trading Application Today!

        Get a Real-time view of RTD, HAP, and DAP and Compliance, MMS Offering Submission, Integration with MMS and IEMOP public website data, and more!

        Contact Us


        PEPIF 2024: Charting a Sustainable and Secure Energy Course

        PEPIF, IEMOP
        PEPIF, IEMOP
        PEPIF, IEMOP
        PEPIF, IEMOP
        , IEMOP
        PEPIF, IEMOP
        , IEMOP

        PEPIF 2024 featured a comprehensive agenda exploring critical aspects of the Philippines’ energy transition:

        • Philippine Energy Transition Plan: Experts examined the government’s roadmap for clean energy, highlighting opportunities in renewables like solar, wind, and geothermal, while acknowledging grid integration, and other challenges
        • Regulations for RE Development: Discussions centered on policies and market mechanisms that can incentivize investments in renewable energy projects.
        • Rural Electrification with Renewables: The session focused on how renewable energy can play a pivotal role in achieving 100% rural electrification through innovative solutions
        • PEPIF 2024 culminated in a dynamic panel discussion featuring industry professionals like Mylene Capongcol from the Department of Energy, Fernando Martin Roxas of National Power Corporation, and ACEN Corporation’s COO Miguel De Jesus. Joining them were academic experts like Dr. Fernando Aldaba Ph.D., Keiju Mitsuhashi from the Asian Development Bank, Aboitiz Renewables Inc.’s President and COO, James Villamoran, and of course, IEMOP’s President and CEO, Atty. Richard J. Nethercott. The discussion focused on charting a course toward a sustainable and secure energy future. Panelists emphasized the importance of collaboration between public and private sectors, leveraging technological advancements, and empowering consumers to actively participate in the energy transition.

        Watch the full event here

        PEPIF, IEMOP


        Exist Software Labs Powers Up WESM Participants with Free Basic Trading App

        Further solidifying their commitment to the industry, Exist Software Labs, Inc. offered a FREE Basic Trading Application at the event. This application provides essential functionalities for WESM participants, including a Real-time view of RTD, HAP, and DAP and Compliance, MMS Offering Submission, Integration with MMS and IEMOP public website data, and more. By offering this free platform, Exist Software Labs, Inc. demonstrates its dedication to empowering market participants and fostering a more efficient Energy industry in the country.

        With a proven track record of success, Exist Software Labs, Inc. has been empowering energy companies in the Philippines for years, with notable clients including The Independent Electricity Market Operator of the Philippines Inc. (IEMOP) and the Philippine Electricity Market Corporation (PEMC).  Looking ahead, Exist Software Labs, Inc. is committed to playing a key role in accelerating the Philippines’ transition to a clean and efficient energy future.

        Looking to optimize your operations, ensure compliance, and gain a competitive edge? Visit         Exist Software Labs, Inc.’s website to explore their comprehensive suite of solutions, including their Trading and Billing System, Energy Business Process Automation, and more!

        Get Your FREE Basic Trading Application Today!

        Get a Real-time view of RTD, HAP, and DAP and Compliance, MMS Offering Submission, Integration with MMS and IEMOP public website data, and more!

        Contact Us
        PhilEnergy
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        PhilEnergy 2024: Powers Up the Future of Energy Efficiency in the Philippines
        PhilEnergy 2024: Powers Up the Future of Energy Efficiency in the Philippines 1300 972 Exist Software Labs

        The Philippines’ leading energy exhibition and conference, PhilEnergy, concluded a successful three-day run last week at the SMX Convention Center in Pasay City. Held from March 20th to 22nd, the event served as a premier platform for showcasing the latest advancements and innovations in the energy sector.

        These sessions covered a wide range of topics across the energy spectrum, including renewable energy advancements, energy efficiency strategies, the rise of electric vehicles, and the latest developments in power and storage solutions. 

        PhilEnergy 2024 served as a valuable platform for industry professionals to learn, network, and collaborate on shaping a more secure and sustainable energy future for the Philippines. Exist Software Labs Inc., a leading software solutions provider, was among the key participants who actively participated in this event.


        Energy Efficiency in Focus

        Philenergy
        Source: Philenergy

        Energy Efficiency Day 2024, held within PhilEnergy, underscored the critical role energy efficiency plays in achieving a sustainable future. Mr. Alexander Ablaza, President of Philippine Energy Efficiency Alliance Inc., outlined a 4-point action plan prescribed by the International Energy Agency (IEA) to reach this goal by 2030:

        • Doubling the rate of energy efficiency improvement to 4% annually would significantly reduce global energy demand and CO2 emissions.
        • The Full implementation of existing policies could achieve nearly three-quarters of the doubling goal.  
        • Accelerating efficiency can enhance energy security, create millions of new jobs, and bring electricity access to hundreds of millions of people. 
        • Tripling the annual investments in energy efficiency to $1.8 trillion by 2030 highlights the need for significant public and private sector collaboration.

        Partner with us for a smooth and successful digital transformation for energy efficiency

        Contact Us

        Exist Software Labs, Inc. Empowers Energy Sector

        Exist Software Labs, Inc.’s presence at PhilEnergy 2024 highlighted the growing importance of information technology in the energy industry. The company showcased its comprehensive suite of solutions designed to optimize energy operations, improve efficiency, and contribute to a more sustainable future.  |

        With a proven track record of success, Exist Software Labs, Inc. has been empowering energy companies in the Philippines for years, with notable clients including The Independent Electricity Market Operator of the Philippines Inc. (IEMOP) and the Philippine Electricity Market Corporation (PEMC).  Looking ahead, Exist Software Labs, Inc. is committed to playing a key role in accelerating the Philippines’ transition to a clean and efficient energy future.

        Let’s make the energy transition easy for you

        Explore our energy solutions to streamline your operations today

        Contact Us Today
        PhilEnergy
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        PhilEnergy 2024 Electrifies SMX this March: Don’t Miss the Philippines’ Biggest Energy Event!
        PhilEnergy 2024 Electrifies SMX this March: Don’t Miss the Philippines’ Biggest Energy Event! 1300 972 Exist Software Labs

        The much-anticipated PhilEnergy event is returning in 2024, and it’s set to be bigger and better! Mark your calendars for a 3-day event on March 20-22, 2024, as the Philippines’ leading energy exhibition and conference takes center stage at the SMX Convention Center in Pasay City, expecting to gather over 10,000+ industry professionals.

        PhilEnergy is the premier platform for showcasing the latest advancements and innovations in the energy sector. This year’s event promises to be a power-packed gathering, bringing together key industry players, government officials, and decision-makers under one roof. It’s the perfect opportunity to foster valuable discussions, collaborations, and connections to drive the Philippines toward a sustainable energy future.

        What to Expect at PhilEnergy 2024:

        Extensive product showcase: Explore a wide range of exhibits featuring cutting-edge technologies and solutions across various energy segments, including renewable energy, power generation, transmission and distribution, and energy efficiency.

        Topical conferences and seminars: Gain insights from industry experts and thought leaders through informative conferences, and seminars tackling critical issues and trends in the energy landscape.

        Networking opportunities: Connect with more than 10,000 similar minds, build valuable relationships, and explore potential business partnerships at dedicated networking events and sessions.

        Build a fully customized Energy System Solutions Today!

        Contact Us

        Exist Software Labs, Inc.: Your Partner in Energy Efficiency (Booth Number: A7)

        Exist Software Labs, Inc. is a leading provider of software solutions With over 20 years of experience in developing systems, we are committed to developing energy systems for Traditional Generators, RE Generators, RES, Distributors, WAG, and SOLAR.  

        We offer a comprehensive suite of services, including:

        Energy Trading and Billing System: Our billing and trading solution is infrastructure-agnostic, fully scalable, and has ready access to NMMS, CRSS, PREMS, other IEMOP, and PEMC-related open applications, as well as other data sources.

        Internet of Energy: We provide a fully integrated and comprehensive Internet of Energy Solution! Our strategy is to combine our unique IoE know-how with our extensive experience in information technology and industry knowledge.

        Energy Business Process Automation: Streamline your operations and boost efficiency with our integrated solutions for CRM, accounting, data analytics, work order management, enterprise asset management, inventory control, and more.

        Don’t miss to visit our booth at PhilEnergy 2024 (booth number A7) and learn more about how Exist Software Labs can help your organization achieve its energy efficiency goals and contribute to a sustainable future. Don’t miss out on this exciting opportunity to be part of the biggest and most exciting energy event in the Philippines!

        Are you ready to take your Energy system to a new level?

        Know more about how our Energy solutions can help you manage your system more seamlessly and efficiently.

        Contact Us Today
        Energy Trading and Billing System Challenges
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        Unveiling Pain Points: Analyzing Energy Trading and Billing System Challenges in the Philippines
        Unveiling Pain Points: Analyzing Energy Trading and Billing System Challenges in the Philippines 1300 972 Exist Software Labs

        In the dynamic landscape of the Philippine energy sector, the complexities and challenges inherent in energy trading and billing systems have become increasingly apparent. 

        This article sheds light on the multifaceted challenges faced by energy companies in the Philippines, addressing crucial pain points that extend from regulatory compliance to data security management. From navigating complex tariffs and diverse pricing structures to grappling with legacy systems, the sector finds itself at a critical juncture where technology and innovation are not only desired but imperative for sustainable growth.

        Energy Trading and Billing System Challenges

        Now, let’s delve into the challenges posed by energy trading and billing systems and explore potential solutions to overcome them.

        1. Regulatory Compliance
        2.  Complex Tariffs and Diverse Pricing Structure
        3. Data Integration Challenges
        4. Manual Processes and Inaccurate Billing
        5. Manual Generation of OR
        6.  Dispute Resolution and customer education:
        7. Data Security and Management
        8. Scalability
        9. Legacy Systems

        1. Regulatory Compliance

        Challenges

        Solutions

        • Exist offers a comprehensive trading and billing system solution that integrates alterations related to WESM Compliance, helping energy companies to adjust to regulatory requirements updates will be implemented in testing environments well in advance of WESM’s trial operation or commercial go-live stage, providing you with sufficient time for testing before putting it into operation
        • Whether your Exist’s Trading and Billing system is hosted on our cloud, your cloud, or on-premise, as long as you maintain an active subscription or an ongoing maintenance and support agreement with us, we will ensure that it is kept up to date

         2. Complex Tariffs and Diverse Pricing Structure

        Challenges

        • Most energy companies offer various tariff options and diverse pricing structures to customers, including load profile-based products, time-of-use rates, and tiered pricing. Accurately managing and calculating these tariffs and various pricing structures can be complex and error-prone. In addition, implementing a new pricing structure for a customer within an automated system usually incurs additional costs for customization.

        Solution 

        • Our system uses a flexible Formula and Structured Query Language (SQL) builder to manage tariff and pricing structures. It is capable of handling a variety of tariff and pricing frameworks, automatically computing bills per your client contracts.

        Are you having trouble managing Complex tariffs and Diverse Pricing structures? We can help.

        Contact Us

        3. Data Integration Challenges

        Challenges 

        • Ensuring billing accuracy requires all data to be both up-to-date and accurate. However, the integration of data from diverse sources, such as meter readings, customer information, and market data, can pose a significant challenge.
        • Accessing NMMS data, whether through API, MPI, the IEMOP website, or a data subscription, may present a challenge for users who are not familiar with technical processes.

        Solution

        • We have invested in a robust integration platform and middleware that streamlines data integration, guaranteeing data accuracy and consistency throughout the process.
        • Exist Energy System Solutions has direct integration with WESM, NMSS, CRSS, PREMS, and Data subscription services
        • Our system includes seamless integration with a range of ERP and CRM software, including Salesforce, NetSuite, and SAP.

        4. Manual Processes and Inaccurate Billing

        Challenges 

        • Traditional billing procedures are labor-intensive and prone to human errors, which can stem from factors like meter reading discrepancies, data entry inaccuracies, or system glitches. Such errors may give rise to conflicts with customers and potential regulatory penalties.

        Solution: 

        • Exist’s end-to-end billing automation substantially minimizes the need for manual intervention, this will help you streamline your processes from meter reading to invoice generation to ensure both efficiency and accuracy.

        5. Manual Generation of OR

        Challenge

        • Generation and submission of OR hardcopies to regulators become tedious especially due to the volume of customers. The current process is to manually generate the OR, have it printed, signed, and scanned then send it to IEMOP.

        Solution

        • We have already built an e-OR generation functionality in our Trading and Billing System to eliminate the manual and tedious process of receipt generation and submission. (Please take note that CAS Accreditation is a prerequisite for handling e-OR functionality.)

        6. Dispute Resolution and Customer Education

        Challenge 

        • Customers may need help to digest and understand bill details and resolving billing concerns and disputes can be resource-intensive.

        Solution 

        • Our system could fully integrate into your Customer Relationship Management (CRM) software, empowering you to track and resolve billing-related inquiries and disputes efficiently, enhancing your customer service. Further, we have developed customer portals with detailed bill breakdowns and explanations to enhance customer understanding.

        7. Data Security and Management

        Challenge 

        • Protecting customer data is paramount. Sharing spreadsheets where data are stored is a possible security vulnerability.

        Solution

        • By having an automated system, robust data security measures, including encryption and access controls, safeguarding the customer information would already be built in.

        8. Scalability

        Challenge

        • Expanding or scaling systems and operations alongside an increasing customer base and meter data

        Solution

        • We utilize cloud-based and container-orchestrated billing solutions, enabling us to expand dynamically with your customer and data growth.

        9. Legacy Systems

        Challenge

        • Other Energy Companies have become accustomed to the existing processes and systems of legacy systems, which could impede efforts to modernize.

        Solution 

        • We have a specialized implementation team committed to assisting you in the gradual replacement of your legacy systems, facilitating the transition of your systems and processes to scalable and contemporary solutions.

        Exist Software Labs Unveils Strategic Energy System Solutions

        The examination of energy trading and billing system challenges in the Philippines reveals a landscape ripe for transformation. The identified pain points, ranging from regulatory compliance hurdles to the limitations of legacy systems, underscore the urgent need for strategic interventions. As the industry seeks to modernize and enhance its operational efficiency, a forward-looking approach becomes paramount.

        Exist Software Labs, Inc.’s Strategic Energy Solutions presents a holistic and tailored approach to uplift the energy trading and billing landscape in the Philippines. By addressing these pain points, we pave the way for a future where the sector not only meets current challenges but thrives in the face of evolving industry dynamics.

        Are you ready to take your Energy Trading and Billing system to a new level?

        Know more about how our Energy solutions can help you manage your Trading and Billing system more seamlessly and efficiently.

        Contact Us Today


        Level up your Energy System. Start Your Digital Transformation Today!

          Renewable Energy
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          Tackling Weather Challenges Faced by Renewable Energy Companies
          Tackling Weather Challenges Faced by Renewable Energy Companies 650 486 Exist Software Labs

          How do meteorological conditions impact the reliability and efficiency of renewable energy generation, and what role can IT/software companies play in addressing these weather-related challenges?

          Renewable energy companies or generators, be it wind turbines or solar arrays, are inextricably tied to meteorological conditions. The in-/availability of sunlight, the rhythm of the wind, and the capriciousness of climate patterns all affect the effectiveness of these green power sources. Weather-related challenges can potentially disrupt energy generation and impact the overall efficiency of renewable energy systems.

          Weather-related challenges are a significant concern for renewable energy generators. Here are some common weather problems faced by these generators and how technology companies can help address them:

          1. Intermittency

          Challenge: Renewable energy sources like solar and wind are intermittent and dependent on weather conditions. This intermittency poses challenges to grid stability and energy reliability.

          Solutions:

          • Advanced Forecasting: IT/software companies can develop sophisticated weather forecasting models that provide accurate short and long-term predictions of renewable energy generation. These forecasts enable grid operators to better manage energy supply and demand.
          • Data Analytics: Utilize data analytics to optimize energy storage and distribution. The software can help manage energy storage systems to store excess energy during periods of high generation and release it during low generation, reducing intermittency.
          • Demand Response: Create demand response systems that use real-time data to encourage consumers to adjust their energy consumption during peak renewable energy generation times, helping to balance supply and demand.

          Build resilience for your renewable energy generation company - know more about our innovative and strategic energy solutions

          Contact Us
          1. Extreme Weather Events

          Challenge: Hurricanes, floods, and other extreme weather events can damage renewable energy infrastructure, disrupt power generation, and pose safety risks.

          Solutions:

          • Remote Monitoring: Develop remote monitoring systems that allow operators to assess the status of renewable energy installations in real time. This enables quick responses to weather threats and allows for the remote shutdown of equipment when necessary.
          • Predictive Maintenance: Use predictive maintenance software powered by AI and IoT sensors to anticipate equipment failures caused by extreme weather conditions. This helps reduce downtime and extend the lifespan of assets.
          • Disaster Preparedness: Create disaster preparedness systems that provide automated responses to extreme weather events, such as automatically shutting down wind turbines or activating backup power sources.
          1. Climate Change

          Challenge: Climate change leads to shifts in weather patterns, temperature fluctuations, and increased weather volatility, affecting renewable energy production.

          Solutions:

          • Climate Modeling: Develop climate modeling software to help understand the long-term impacts of climate change on energy generation. This data informs strategic planning and investment decisions.
          • Enhanced Forecasting: Improve renewable energy forecasting models to adapt to changing climate conditions. The software can incorporate climate data to provide more accurate predictions for energy generation.
          • Carbon Tracking: Develop software for tracking and reporting carbon emissions associated with energy production. This supports your company in assessing and reducing environmental impact.
          • Sustainable Design: IT/software companies can collaborate with renewable energy infrastructure providers to design sustainable and climate-resilient facilities. This includes selecting materials, optimizing designs for extreme weather, and integrating weather monitoring solutions.

          IT/software companies can also support renewable energy companies by enhancing cybersecurity to protect critical infrastructure from weather-related cyber threats and by creating communication systems that ensure reliable data transmission even in adverse weather conditions.

          Build a more resilient and dependable renewable energy business

          While renewable energy represents a beacon of hope in our pursuit of a cleaner, more sustainable future, it’s paramount that we confront the hurdles posed by nature head-on. 

          With Exist Software Labs’ advanced technologies, cutting-edge data analytics, and predictive capabilities, we stand ready to assist you on this transformative journey of building resiliency for your business. Together, we can enhance the reliability of your renewable energy systems, improve your efficiency, and help you adapt and thrive amidst evolving climate challenges. By harnessing the power of innovation and collaboration, we can usher in an era where clean energy not only powers our world but also safeguards it for generations to come.

          Harness the power of Predictive Maintenance, Data Analytics, and Forecasting for your energy company today

          Contact Us Today


          Level up your Energy System.
          Start Your Digital Transformation Today!

            Giga Summit 2023
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            GIGA Summit 2023: Preparing the Philippines for the Big Energy Transition
            GIGA Summit 2023: Preparing the Philippines for the Big Energy Transition 512 383 Exist Software Labs

            The Philippines is at the cusp of a major energy transition. With its abundant renewable energy resources, the country is poised to shift away from fossil fuels and towards a cleaner and more sustainable energy future.

            Organized by Meralco Power Academy and held on September 11-13, 2023, GIGA Summit 2023 brought together key stakeholders and energy industry players from the government, private sector, and civil society to discuss the challenges and opportunities of the energy transition in the Philippines

            Preparing the Philippines for the Energy Transition

            Nixon G. Hao, President of Meralco Power Academy, emphasized the importance of investing in education and training to develop the workforce needed to support the country’s shift to renewable energy.

            He began his talk by discussing the challenges facing the Philippine energy sector. He noted that the country is heavily reliant on imported fossil fuels, which makes it vulnerable to price fluctuations and supply disruptions.

            Deputy Administrator of the Meralco Power Academy Ernesto Silvano Jr. mentioned that the energy transition is a critical challenge and opportunity for our country. “We are one of the most vulnerable countries in the world to climate change, and we need to transition to a clean energy economy to protect our people and our planet…” he added.

            The viewpoints presented by these industry experts only emphasize the urgent requirement for cooperative endeavors and financial commitments in education and training to strengthen the country’s ability to withstand challenges and ensure long-term sustainability in the energy sector.

            Partner with us for a smooth and successful digital transformation for energy efficiency

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            Philippines’ Position in the Energy Transition Roadmap

            The Philippines is committed to an energy transition roadmap that targets a 35% share of renewable energy in the power generation mix by 2030 and 50% by 2040. This is ambitious, but achievable, given the country’s abundant renewable energy resources.

            The Philippines is already making progress towards its energy transition goals. In 2021, renewable energy accounted for 22% of the country’s power generation mix, up from 20% in 2020. This increase was driven by the growth of solar and wind power.

            The Philippine government is supporting the energy transition through a number of policies and initiatives, including:

            The Philippine government is also working to create a more enabling environment for the development of renewable energy, by streamlining the permitting process and improving the transmission and distribution infrastructure.

            GIGA Summit 2023 Event Spotlight

            The event hosted by Meralco Power Academy provided a platform for energy stakeholders to engage in conversations regarding the current landscape and prospects for the Philippines’ significant energy transition. Below are key highlights from the event:

            Day 1 highlighted the global energy demand that is set to increase, with renewable energy being crucial. The Philippines should harness its renewable potential, prioritize energy efficiency, and bolster the electricity grid for renewable integration.

            Day 2 of the GIGA Summit 2023 centered on crafting a sustainable energy future for the Philippines. Key areas included renewable investments, financing efficiency projects, smart grid development, electric vehicle integration, and ensuring an equitable shift to clean energy.

            The final GIGA Summit 2023 day delved into energy’s future, focusing on innovation and transformation. Experts explored transformative technologies like energy storage, blockchain, and AI. Digitalization is already reshaping the energy market, enhancing efficiency and competitiveness. Future energy work demands new skills in renewables, efficiency, and digitalization. Innovation is paramount, requiring investments in research and a supportive innovation environment.

            Giga Summit 2023
            Giga Summit 2023
            Giga Summit 2023
            Giga Summit 2023
            Giga Summit 2023
            Giga Summit 2023
            Giga Summit 2023
            Giga Summit 2023

            Photo Credit: Meralco Power Academy

            Unlock the full potential of your energy transition journey

            Exist Software Labs, Inc. offers the gateway to realizing the complete potential of your energy transition. Through the deployment of innovative software solutions, you can finetune your operations, elevate resource management, and advance predictive maintenance.

            What sets us apart is our commitment to energizing this transition actively. We are dedicated to helping energy companies, by providing expertise in energy system solutions and the Internet of Energy. Furthermore, we enable data-driven decision-making, empowering you to make informed choices that align with sustainability objectives and regulatory compliance. This collaborative effort signifies a transformative partnership that holds the promise of a greener and more sustainable energy future for everyone.

            Let’s make the energy transition easy for you

            Explore our energy solutions to streamline your operations today

            Contact Us Today
            e-receipt
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            Powering Efficiency: How Electronic Receipts (e-receipt) Benefit Energy Companies
            Powering Efficiency: How Electronic Receipts (e-receipt) Benefit Energy Companies 1300 972 Exist Software Labs

            In today’s fast-paced business environment, energy companies in the Philippines are embracing digital transformation to streamline their operations and enhance efficiency. One initiative where significant benefits are realized is the adoption of Electronic Receipts (e-receipt).

            What are Electronic Receipts (e-receipt)?

            Electronic Receipts (e-receipt) revolutionizes the way businesses manage their financial transactions, providing a seamless and paperless receipting experience. By harnessing cutting-edge digital technology, electronic receipt allows companies to generate, send, and store official receipts with just a few clicks, eliminating the need for traditional paper receipts.

            Bureau of Internal Revenue’s (BIR) Rules on Electronic Receipts (e-receipt) and e-invoices

            On June 30, 2022, the BIR released Revenue Regulations No. 8-2022. Anchored on the amended Sections 237 and 237-A of the National Internal Revenue Code (NIRC) through Republic Act No. 10963 (TRAIN Law), these regulations chart a bold course toward issuing electronic receipts and invoices.

            According to the Regulations, taxpayers required to issue electronic receipts or sales commercial invoices are the following:

            1. Taxpayers who export goods and services;
            2. Taxpayers who engage in electronic commerce (e-commerce); and
            3. Taxpayers who are under the Large Taxpayers Service (LTS).

            This requirement is based on Section 47 of the National Internal Revenue Code of 1997, as amended.

            With this development, manual receipts and sales or commercial invoices are left behind in favor of their digital counterparts. Energy companies are now embracing the conveniences of electronic invoicing, marking a transformative shift in tax reporting and compliance. The Regulations also outline the requirements for electronic reports of sales data to the BIR, further solidifying the digital revolution.

            Schedule a free consultation and harness the full power of Exist’s Electronic Receipts (e-receipt) today

            Contact Us

            Benefits of Electronic Receipt for Energy Companies / WESM Participants

            Are you a WESM participant? Implementation of the electronic receipt brings numerous gains for energy companies like yours, should you decide to adopt it. Your company will benefit from efficiencies, cost savings, and improved and easy compliance with government agency regulations, including the BIR and IEMOP (Independent Electricity Market Operator of the Philippines, Inc.).

            Here are some features you may take advantage of when using e-receipt systems:

            1. Easy WESM Transaction AllocationAs an electronic receipt system user, you can upload transaction allocation data in PDF or Excel, as downloaded from the Central Registration and Settlement System (CRSS). These data can be from the Prelim, Final, Adjustment, or Additional Compensation run of CRSS. Additionally, the system efficiently handles reserve transaction allocation data, anticipating the availability of the Reserve Market. Furthermore, the system facilitates the consolidation of participants with identical records post-upload, ensuring meticulous record management.
            2. Seamless uploading of WESM Collection Reports electronic receipt allows you to upload monthly WESM collection reports easily.
            3. Efficient E-receipt Generation The utilization of electronic receipts facilitates the processing of digital receipts in alignment with WESM Transactions. This obviates the need for manual scanning and signing of official receipts when uploading copies to IEMOP. Moreover, electronic receipt aids in the systematic management of customer payments to align with both IEMOP’s recent BIR Ruling and the implementation of BIR’s electronic Invoicing/Receipting System (BIR EIS).
            4. Efficient Sales Data Transmission Easily process e-receipt data for transmission to the BIR EIS (Electronic Invoice System) to comply with BIR rules and regulations.

            By leveraging on the features and advantages of e-receipt, energy companies can optimize their operations and stay compliant with regulatory standards.

            Benefit from streamlined operations and easy regulatory compliance with Exist Software Labs, Inc.’s Electronic Receipts (e-receipt) 

            With over 20 years of experience and a multi-awarded technology innovator, Exist Software Labs specializes in developing energy solutions for various industry players such as generator companies (gencos), RE generators, retail electricity suppliers, distributors, WAG, and SOLAR.

            Philippine energy companies including FirstGen, Manila Electric Company (MERALCO), Energy Development Corporation (EDC), San Buenaventura Power LTD.Co. (SBPL) have all trusted Exist to provide various solutions for their digital transformation requirements.

            Transition to Electronic Receipt (e-receipt) today with Exist Software Labs, Inc., and achieve a seamless and paperless receipting experience.

            E-receipt is only one means to harness the power of digital transformation.

            Know more about how our Energy solutions can help you comply with energy regulators while improving your operations.

            Contact Us Today
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