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News 2005

 

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Gentrack
www.talgentra.com


FOR IMMEDIATE RELEASE
Gentrack Bills Vectors’ 750,000 Customers

Auckland, September 15, 2005 - Vector Limited, New Zealand’s largest energy infrastructure company, implemented Gentrack Network Information System for billing and reconciliation its 750,000 electricity and gas customers.

New Zealand’s largest energy network infrastructure company Vector Ltd, has successfully implemented Gentrack for Networks. Gentrack NIS was implemented in three stages over a 12 month period to meet the billing and reconciliation requirements of Vectors 750,000 gas and electricity installations.

Vector’s IT Manager Nigel Bonser attributes the success of the project to a number of aspects, but most notable was “Talgentra’s ability to deliver on our system expectations and requirements. Effectively we have been able to design a billing solution around our business processes, consolidating a number of disparate billing and network reconciliation solutions and hardware into one solution to meet all our needs.

Successful data migration for our 750,000 consumers and Gentrack’s proven flexibility throughout the implementation were also key to the success of the project”.

The project had significant complexities related to consolidating Vector’s three billing processes which either bill customers directly for network charges, invoice energy retailers who pass on these charges, or reconcile network charges billed on Vector’s behalf by retailers. In each case, Vector set a requirement to process and bill monthly consumption data within an intensive 72-hour period. To meet this expectation, Talgentra proved Gentrack’s capabilities through benchmarking and extensive retrospective testing undertaken prior to ‘Go Live’. Gentrack NIS was proven to
reconcile retailer and Vector consumption data within cents and can process 75,000 utility reference customers per hour, exceeding all expectations set by Vector.

Vector’s Revenue Manager Tony Hooks commented, “We went to the market looking for a well proven network billing and customer information system that could deal with the range of infrastructure assets that we handle. Gentrack stood out as the best choice for our requirements. The product is already being used by many other distribution companies in New Zealand and it has both the breadth of functionality and billing speed we require. Overall, it represented excellent value which was complimented by the team’s knowledge and extensive experience in the market and a strong local support element.”

About Gentrack
Gentrack is a billing and customer management solution designed specifically for energy and water utilities and supports multiple products and services. Gentrack NIS is a billing software package designed specifically for energy distribution companies and can handle gas, electricity and time of used based billing. Gentrack is proven in both regulated and competitive markets worldwide, with sites in Australia, New Zealand, USA, Europe, South East Asia and Asia Pacific. Gentrack is a trading brand of Talgentra Ltd, a global supplier of customer revenue management solutions to the utility, communications, financial and public sectors. Visit www.talgentra.com for more information.

About Vector
Vector is New Zealand’s largest energy network infrastructure company. It owns and
operates a range of electricity, gas and telecommunications networks as well as
ancillary services. For more information, please visit www.vectornetworks.co.nz

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