Fraud costs water and energy suppliers over £1bn per year in lost revenue. When the Theft Risk Assessment Service (TRAS) went live detectable energy theft alone was estimated to cost customers £500m per annum.
Utility companies are exposed to Non-notification, Change of Tenancy, Synthetic ID and Eligibility Fraud on a day to day basis, and there are limited solutions available to combat them. Fraudsters are aware of process loopholes and look to exploit these.
Our COT Portal software is subscription based with a user friendly front end meaning no black boxes or long term commitments.
We support the integration of the COT Portal into your processes and core systems. When we work together, our goal is to integrate as seamlessly as possible!
We continuously research and innovate to identify new data sources to reduce fraud in utilities. Having us as part of your workflow means access to this data!
COT Portal is our award-winning SaaS data services platform for the domestic utilities industry, containing 4 independent modules to effectively manage:
Business Data Portal is our commercial data services solution for the utilities industry, which utilises multiple data sources and machine learning to support customer management, fraud detection and revenue protection.
Project Management as a Service (PMaaS) provides access to project specialists, covering a wide range of roles, working remotely or on site.
Our team are happy to chat to you about your needs and our services.
Get in touch today.
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