Manufacturing business leaders report energy management as one of the top threats to business growth; this fact augers the value of Cadence Network which provides a competitive advantage to multiple site organizations. Cadence Network CEO, Jeffrey Hart, recently announced that the firm has brought over 200,000 sites into its watch.

 

Based in Cincinnati, serving the manufacturing and industrial sector nationwide, Cadence Network was founded in 1997, and is the leading energy and operational expense management firm in the United States, working with multiple site business and government entities to reign in operations expenses – the third largest cost of doing business. Now at work in over 200,000 locations, more sites than ever before are being proactively monitored for billing errors, spending anomalies, and usage waste. “Reaching this milestone is a testament to Cadence’s accuracy and consistency.” said Hart. “Customers use Cadence for its ability to produce results and tremendous savings.”

 

Recently, through its utility invoice audit systems and processes, Cadence discovered that the kilowatt demands for one store of a 5,000 store chain was approximately three times as much as the other stores of similar size and kilowatt/hour usage. After Cadence performed an on-site analysis, the discovery was made that the store’s meter continued to accumulate kilowatts forty-five minutes after being reset, charging additional unused kilowatt to the store. Armed with this data, Cadence acquired a rebilling for the chain from its vendor, which resulted in a $246,000 cash refund.

 

Nowhere is energy consumption more significant than in the manufacturing industrial sector. “Word is spreading throughout the industry of Cadence’s ability to create savings for multiple site companies.” Hart said, “We continue to provide CEOs and CFOs the strategic results they need to gain control of their operational expenses. Cadence Network is a significant competitive advantage to operations management and even fulfilling stringent Sarbanes-Oxley regulations.”

 

“Those multiple site organizations with a proactive energy management strategy are at a distinct competitive advantage. They are able to better forecast operational expenses, and know with certainty they are buying energy at the best prices, that there are no errors in billing and that confusing rate structures from different suppliers is rendered moot,” Hart implored. “We have clients that have saved literally millions of dollars by procuring energy smarter through Cadence Network, and having our team of experts audit their invoices, find billing errors and correct them is a tremendous business intelligence advantage. We find needles in haystacks.”

 

“Quite simply, most businesses can expect a loss in top line sales,” Hart said. “When the dollars are not coming in on the top end, and on the bottom line, businesses are forced to pay higher prices for energy, operational expense management is not a luxury – it’s not an alternative anymore. The wisest and most successful businesses will be the ones that take the time to ask questions and mitigate extraneous expenses on hard costs, including gas and electrical bills. If executives are unclear about exactly what they are paying, what they should be paying, and where opportunities for savings exist, they are wasting millions of dollars and do not even know it.”

  

Cadence Network, Inc. delivers comprehensive utility, telecommunications and lease facility expense management to chain stores, multiple site businesses and government. The people, services and software of Cadence Network proactively enable business and government to gain control over electric, gas, water, waste, lease and telecommunications expenses by streamlining such services as invoice auditing and payment, rate analysis, and procurement. At work in over 200,000 locations nationwide, Cadence Network is an EnergyStar Partner of the United States Environmental Protection Agency and a proud supporter of The Arbor Day Foundation. More information can be accessed at www.cadencenetwork.com or by calling 866.cadence.

 

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