CENACE Back-Office BPO

Essentia’s CENACE Settlement Services is a Business Process Outsourcing (BPO) model designed to allow our clients to outsource their back-office functions associated with processing and managing daily CENACE Settlement Statements.  Essentia’s CENACE Settlement Services offers three major types of services: Accounting Processing, Shadow Settlements, and Allocations.  Our services can also be leveraged to demonstrate operational capabilities during the Accreditation stage of CENACE Market Registration.  The major capabilities for each service is as follows:

 

  1. Accounting Processing:
    1. Provide a summary by the major settlement charge components for day-ahead and real-time markets with invoice or pay instructions
    2. Generate general ledger entries by the major settlement charge components (invoices, credits, debits)
  2. Shadow Settlements:
    1. Validate volumes and cost for the major charge components (energy, AS, bi-lats, T&D) for day-ahead and real-time markets
    2. Provide a summary by the charge components w/dispute instructions if needed
  3. Allocations:
    1. Breakdown pass-thru cost by clients' internal customers
    2. Provide a summary of cost allocation by customer

Advisory and Technology Implementation Services

Essentia Advisors

333 Clay Street, Three Allen Center, Suite 4490

Houston, TX 77002

Call: 713.858.9935

Designed by Bizimage Marketing

Essentia Advisors

333 Clay Street, Three Allen Center, Suite 4490

Houston, TX 77002

Call: 713.858.9935

Designed by Bizimage Marketing

Houston, TX 77002           Call: 713.858.9935

Essentia Advisors

333 Clay Street, Three Allen Center, Suite 4490

Houston, TX 77002

Call: 713.858.9935

Designed by Bizimage Marketing

Houston, TX 77002           Call: 713.858.9935

Essentia Advisors

333 Clay Street, Three Allen Center, Suite 4490

Houston, TX 77002

Call: 713.858.9935

Designed by Bizimage Marketing