Where expertise and technology meet
Procure: Where Expertise & Technology Meet
In addition to the traditional energy procurement channels, Patriot Energy now has the ability to utilize Reverse Auction technology. Through this unique approach Patriot can manage its clients’ energy supply needs and create optimal savings opportunities in a whole new way.
Depending on the size and scope of your business need, the entire RFP process could take anywhere from one to six months, which is why, for many businesses and government entities, the rigorous RFP process is one of pure dread.
Luckily, the entire process became remarkably simpler with the invention of the reverse auction. Over the past few years, increasingly more businesses have begun utilizing the new technology to streamline the RFP process and save over 85% of employee time on average.
All vendors can participate simultaneously, ensuring that the lowest price is achieved while significantly reducing time.
Patriot Energy gains a full understanding of a client’s electricity & natural gas consumption, essential purchasing details, and the data required to recommend and / or develop optimal energy products.
Patriot Energy will recommend the optimal energy product(s) for your business based on best-practice procurement strategies and your level of risk tolerance.
After the initial RFP, Patriot Energy prepares a custom report comparing market conditions against current rates.
A Patriot Energy account executive will host and narrate the live reverse auction event on a conference call while it’s happening, providing insight on all suppliers bidding, commenting on the savings opportunities as they appear, and answering any questions.
A final savings analysis based on the reverse auction’s results will be provided, providing the necessary data for making an informed decision.
Upon selection of winning supplier(s) from the reverse auction, Patriot Energy will:
Contact Patriot today to learn more about Procure.
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