Elyx logo

Elyx

by BISY SRL · Since 2012
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ActiveAvailable globallyCloud
Quick facts
VendorBISY SRL
Year launched2012
StatusActive
LocationVia Antonio Delfini, 26 41123 Modena (MO) – Italy
Countries servedGlobal
Languages2
Integrations1+
Free tierN/A
Free trialN/A
Contact salesYES

About Elyx

Elyx is an energy management software from BISY SRL that digitizes and automatically controls the energy bills. It combines energy utility analytics, integration capabilities, and automation features so users can manage energy consumption effectively. This software allows users to automate billing processes, access detailed energy analytics, and integrate with existing systems for comprehensive oversight. Elyx is designed for businesses looking to improve their energy management strategies by providing real-time insights and control. Key capabilities: energy utility analytics automation of billing system integration user-friendly interface detailed reporting Best for: businesses that need efficient energy bill management and analytics.

ELYX is a specialized and effective energy management platform that automates the traditionally manual process of handling utility invoices. Its strengths lie in its ability to save time and reduce costs for finance and energy management teams by automating data entry, verifying billing accuracy, and providing detailed analytics. The platform enables better resource allocation through accurate forecasting and offers a collaborative workflow for invoice approval. While its primary focus on European markets, multi-step deployment process, and lack of publicly disclosed pricing may be considered limitations, it is a valuable solution for companies seeking to streamline their energy management processes and gain better insights into their energy consumption.

Pros & Cons

Pros
  • Automates the manual and time-consuming process of energy invoice processing, reducing administrative costs.
  • Provides access to a wide range of energy data and analysis for energy managers and financial teams to optimize resources.
  • Enables a collaborative and efficient team workflow for the energy bill approval process with different levels of authorization.
  • Assists in optimizing energy expenditure with accurate and granular consumption data and forecasting tools.
  • Eliminates manual entry into accounting systems by automatically exporting all necessary invoice information.
  • Identifies billing anomalies and errors, notifying users so they can take immediate action and recover costs.
  • Supports multiple invoice formats (PDF, xls, xml, or csv) and retrieval methods, including email forwarding and supplier portals.
Cons
  • Primarily focused on the European market, though expanding, which may limit applicability for companies in other regions, though it currently processes invoices for France, Belgium, and UAE.
  • May have limited public reviews compared to larger, more established energy management platforms.
  • Pricing details are not publicly available and would likely require a custom quote based on the number of meters.
  • Reliability on accurate data relies on automated processing and integration, which may need verification.
  • Requires a multi-step process for onboarding and integration with existing company systems.

Features

Key features

Utility Bill Management Automation

Reads and processes energy and utility invoices from various formats like PDF, XLS, and CSV, and automatically imports them for checking, reporting, and accounting.

Invoice Approval Workflow

Facilitates a more efficient and collaborative approval process for energy bills by allowing various levels of authorization and involving decision-makers.

Data Analysis and Reporting

Provides quick and intuitive access to a large amount of energy data, with analysis and reporting tools to help companies understand the performance of their managed properties.

Budgeting and Forecasting

Automatically simulates energy expenditure for each meter and billing component, enabling accurate budget creation, forecasting, and scenario analysis.

Consumption Monitoring and Anomaly Detection

Collects all energy consumption data in one place, allowing for real-time monitoring of consumption, identification of peaks, and detection of anomalies or billing errors.

Additional features

]Automated Invoice Retrieval

Supports multiple methods for retrieving invoices, including email forwarding, manual upload, integration with accounting portals, and supplier portal retrieval.

Data Accuracy Verification

Checks the correctness of each individual component of the energy invoice against the contract and local regulations.

Automated Accounting Entry

Automatically exports all necessary invoice information to the company's accounting application, saving administrative time.

Cost Center and Monthly Allocation

Manages and assigns energy costs to specific cost centers and generates monthly cost allocations.

Performance Monitoring and Benchmarking

Helps users monitor energy performance by generating analysis and comparison against standard and customized Key Performance Indicators (KPIs).

Supplier Comparison

Evaluates and compares offers from different energy suppliers by running accurate expenditure simulations based on consumption profiles.

ESG Reporting Simplification

Simplifies the process of generating sustainability reports and ESG ratings.

Property Management Sync

Automatically syncs with property management software to keep real estate registration data current.

Real-Time Anomaly Notifications

Notifies users of anomalous situations like billing gaps or costs outside of tolerance, allowing for immediate action.

Multi-Lingual and International Support

The portal is available in multiple languages (Italian, English, French) and supports managing invoices from various countries.

Budget and Forecasting Scenarios

Generates energy expenditure simulations for various forecast scenarios, including annual budgets and revisions.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
2
Interface languages
1
Billing currencies

Interface languages

EnglishItalian

Billing currencies

🇪🇺EUR

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