Company
SilverStream is a world leading power quality solution provider. We offer products for harmonic filtering, active reactive power compensation and grid code compliance.
Industry
Energy & Utilities
Location
Energy & Utilities
Size
Over 150 employees
Main Results
Over 23% in energy cost savings
Significantly less time spent on transactional sourcing
In-depth procurement platform customization for targeted operations improvement
Michael Tomson
CFO
“Our customers need to have great trust in us if they are to do business. We need to deliver that trust however we can.”
Context
Delivering best prices and increasing transparency can make a huge difference in improving one’s reputation in the industry. In addition, manual and repetitive tasks can lead to human error, which can further exacerbate the problem.
Resolution
By using the Prokuria platform and its automated workflows, SilverStream was able to address their customer concerns. In addition, Proukuria’s e-auctions capabilities facilitated competitive supplier bidding, which resulted in significant energy cost savings. Finally, Prokuria managed to eliminate a lot of operational waste and human errors.
