We provide solutions across the spectrum to enable energy companies to optimize their operations, build efficiencies and stay profitable.
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Outsourcing for Energy Sector
Operating with limited resources, evolving regulations landscape, improper financial management, and the requirement of expertise in effective business planning can bring numerous challenges for energy businesses/companies. Cogneesol, a leading back-office outsourcing company, can help your business tackle all these challenges and similar hurdles while gaining a competitive edge.
Outsourcing processes (other than your core operations) can enhance project completion capabilities. Our skilled and trained professionals having years of experience make sure your projects are managed with complete responsibility and integrity and completed within the given deadline. By outsourcing to us, your in-house staff will get more time and energy to focus on operations that generate direct revenue and make other processes more efficient.
"We are regarded highly by our peers, thanks to the efficiencies brought by Cogneesol’s accounting, contract management, and billing services."
- A Power Distribution Company, Indianapolis, IN
Back-Office Support for the Energy Industry
Accounting Services
- Labor Costing
- Expense Reports
- Project Costing
- Break even Analysis
- Asset Depreciation
- Commodity Contracts
- Emission Allowances
- Contract Negotiation
- Cost Control Strategies
- Transaction Structuring
- Invoicing / Collections
- Fixed Price Calculations
- Employee Benefit Services
- Tax Planning and Consulting
- Financial Forecasts and Projections
- Monthly, Quarterly and Annual Accounts
- Internal Control Attest and Assurance Procedures
- Attestation Engagements: Examinations, Reviews, and Agreed-upon Procedures
- Financial Statements: Audits, Reviews, Compilations, and Agreed-upon Procedures
Data Management
- Employee Productivity
- Data Quality Services
- PDF Conversion Services
- Data Migration Services
- Order-to-cash Management
- Syncing Data with Partners
- Managing Subscription Data
- Document Management Services
- Development and Data Processing
- Information Capturing and Storing
- Reference and Master Data Management
Energy Services
- Commercial Billing
- Contract Management
- Residential Billing
- Revenue and Settlement
- Service and Maintenance
- Connection and Installation Management
Energy Trading
- Wholesale Billing
- Energy Trade Management
- Demand Chain Management
- Energy Derivatives Trading
Technical Services
- Web Development
- IT Technical Support
- Cloud Management System
- Application Design and Development
- Analytics & AI/Machine Learning
- Server & IT Infrastructure Management
Other Services
- Risk Management
- Regulatory Reporting
- Plant Commission Management
- Developing and Managing EFS
- Market Research and Analysis
- Electronic Voucher Payment Systems
- Developing and Documenting procedures
- Consulting for Disputes and Litigation
Every Business is Unique. Find Out How We Can Help Yours.
Contact UsWho We Serve
Petroleum Industries
Coal Industries
Natural Gas Industries
Electrical Power Industry
Nuclear Power Industry
Renewable Energy Industry
Alternative Energy Companies
Sustainable Energy Companies
Hydroelectric Power Companies
Solar Power Manufacturers
Our Key Differentiators
Free, Genuine Consultation
Our consultation team helps you find the right solutions according to your business requirements with our industry-specific expertise and years of experience in delivering competent services worldwide.
Customized Service Packages
Cogneesol offers end-to-end back-office support and process optimization services that you can select as per your preference and make a package of chosen services.
Business Continuity Plans
At Cogneesol, we have powerfully effective plans and systems that can support your business to continue operations, even in case of an emergency.
Collaborative Development
With our skilled, trained workforce, industry knowledge, and utilization of appropriate technologies, we can collaborate with your in-house staff to obtain your company objectives.
Timely Project Delivery
We keep complete transparency in processes and workflows and complete projects on time while allowing you to scale up service requirements as per your business's growing needs.
Compliance & Service Quality
We ensure to remain compliant with all business standards. Cogneesol, being an ISO 9001:2008 company, ensures higher levels of service quality and data security.
Our Resources
The energy sector is growing rapidly. We are always curious to know more about trends emerging in the industry and publish blogs, articles, case studies, white papers, etc., based on our findings and new learnings. We update our blog section with the latest written content material, helping our clients and audience gain valuable information.
![Real Estate Accounting Hurdles: Top Challenges and Solutions [Infographic]](https://www.cogneesol.com/blog/wp-content/uploads/2023/05/MicrosoftTeams-image-8-300x171.jpg "Real Estate Accounting Hurdles: Top Challenges and Solutions [Infographic]")
Client Testimonials
It is always a pleasure to learn that the work we do has positively impacted our clients and that they are happy to share their experiences.
Cogneesol’s handling of our site accounts, including labor costing, project costing, expense reports, depreciation accounting, has been very satisfactory. Soon we entrusted them with our regular accounting as well. They have been a valuable guide in streamlining our procurement process and managing our vendor relations and policies. The team that works for us are certified accountants and are in complete control of their domain.
We have a head office and four site offices. We became a Cogneesol client in 2013 and have been very happy with their services that include commercial billing, contract management, revenue management, settlement management, service and maintenance solutions. Not only do their team do an excellent job with ongoing domain support, but they have also been wonderful in taking on extra and adhoc assignments.
We chose Cogneesol for our data management requirements because of their exceptional professionalism, stellar customer service, unparalleled production quality, and continued technological advances. These have enabled us to stick to our timelines and budgets for our projects, thereby helping us steer clear of cost and time overruns. The team that works for us are experts in the energy domain and often double up for adhoc requests.
