How much time and how many errors can a company save by moving its energy tracking from Excel to an energy management system? The exact figures depend on each organisation and on the system chosen, but the typical benefits fall into four areas:
- More efficient data handling: an automated energy management system greatly reduces the time spent collecting and analysing data. In Excel, data is entered and manipulated by hand; automation can cut that effort by 50% to 70% or more, depending on the complexity and volume of the data.
- Fewer errors: manual data entry and analysis in spreadsheets are prone to human error. By automating data collection and processing, an energy management system can reduce errors by between 30% and 60%, depending on how effective the system is and how accurate the previous manual methods were.
- Faster analysis and reporting: energy management systems usually include advanced analysis and reporting tools, which can cut the time spent on these tasks by 40% to 60% compared with Excel.
- Real-time monitoring and alerts: monitoring consumption in real time and receiving automatic alerts about anomalies or excess consumption has no real equivalent in Excel, and is one of the biggest steps forward in energy management.
Want to see what this would mean for your organisation? Get in touch and we will show you Powercloud working with your own data.
