Vervantis Inc.
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| Industry | Utilities |
|---|---|
| Founded | 2015 |
| Founder |
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| Headquarters | Phoenix, Arizona |
Key people |
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| Services |
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| Website | vervantis |
Vervantis is a USA-based company specializing in energy management, sustainability, and the control of utility bills providing advice, software, and expertise to large and medium-sized companies across North and South America. The company has expertise in energy procurement, utility bill processing, payment and data management, and environmental social and governance (ESG) reporting.[1] The company has expertise in energy procurement, data management, energy sourcing, and sustainability reporting. The company has its registered office in Phoenix, Arizona and operational headquarters in Chandler, Arizona.[2]
In the USA Vervantis Inc. has its registered office in Phoenix, and operational headquarters in Chandler, Arizona and in Latin America Vervantis S.A.S provides solutions and support from its El Poblado headquarters located in Medellin, Colombia.
Vervantis processes, validates and pays over a million utility invoices a year and manages over $3bn in energy spend for its clients.
In 2023 Vervantis became the main sponsor MMR with Aerosport drivers Jenson Altzman and Chad McCumbee in the IMSA Michelin Pilot Challenge series racing a Ford Mustang GT4 in the GS series. Vervantis has offset twice the emissions generated from fuel, oil, tires and transport for the entire season’s races.
Vervantis Sponsors IMSA Michelin Pilot Challenge in 2023.[3] The IMSA Michelin Pilot Challenge is an endurance sports car racing series featuring GT4-class cars from 10+ automotive manufacturers – Aston Martin, BMW, Ford, McLaren, Mercedes Benz, and Porsche to name a few. The races take place on some of the most iconic tracks in North America, including Daytona, Sebring, Laguna Seca, Watkins Glen, and Road America.
As a sustainability-driven company, Vervantis has offset twice the emissions from race fuels, oil, and tires including transport to and from all races in 2023.[4]
History
Vervantis, a US corporation, was founded in 2015 by Dan Moat* (President) and John Warrick (VP) to provide utility and energy management advice in the areas of risk management, utility bill management, and sustainability solutions. The company specializes in the electric, water, and natural gas utility areas. It is an EcoVadis Platinum[5] and SOC 2 Type II[6] certified firm with CCPA compliance that ensures data security and safety.
Vervantis is led by professionals with over 100 years of energy experience. Their team comprises experts in utility bill management, payment, energy procurement, regulated electric markets, power storage, generation, ESG reporting, energy efficiency, and sustainability.
*Dan Moat was one of the original owners of UK based energy advisory firm Encore International Ltd., a one hundred employee European specialist in energy price risk management and procurement. Encore International was sold to M&C Energy Group in 2010 before being acquired by Schneider Electric in 2012.
Services
Vervantis streamlines energy and utilities for commercial and industrial companies in the retail, restaurant, health care, telecommunications, health, utility and industrial manufacturing sectors. The services provided by the company are as follows:
- Energy Procurement Services : Vernantis utility and energy procurement professionals conduct vendor analysis, provide advanced tendering and bid analysis, pricing, and contracting options with commercial energy suppliers. They start with detailed energy data analysis with supply agreements managed through their energy management software DataHub360™.
- Utility Bill Management : Vervantis automates the collection and on-time payment of invoices, accurately resolving billing queries, payment exceptions, and account open-close requests. Its team is proven to reduce utility bill processing costs by up to 60%. Such utility services help companies reduce operational cost, internal resources, processing time and late fee charges.
- Sustainability, CSR/ESG Reporting Software : Vervantis streamlines reporting and increases productivity by using accredited cloud based ESG/CSR sustainability reporting software. The platform brings together GHG emmisions, energy, and ESG/CSR data on a single platform. All voluntary and mandatory frameworks like CDP, SASB, DJSI, GRESB and GRI are easily reported. Textual response collaboration, employee commuter surveys and supply chain surveys are other key features that the software caters to.
Besides the above services, Vervantis also aids in energy optimization, energy efficiency, distributed generation, energy storage, and achieving net zero emissions.
In the media
References
- ↑ "Vervantis - Crunchbase Company Profile & Funding". Crunchbase. Retrieved 12 August 2022.
- ↑ "Vervantis Inc". SignalHire. Retrieved 12 August 2022.
- ↑ "michelin pilot challenge". imsa.com. Retrieved 14 March 2023.
- ↑ Rosekrans, Neil. "Vervantis Racing". Vervantis. Retrieved 14 March 2023.
- ↑ "EcoVadis Ratings Solution Overview". resources.ecovadis.com. Retrieved 12 August 2022.
- ↑ "SOC 2® - SOC for Service Organizations: Trust Services Criteria". AICPA. Retrieved 12 August 2022.