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Top 10 Procurement Service Companies – 2021

With sourcing and procurement becoming more global and interconnected, organizations face a range of challenges. Companies are trying to do a thorough assessment of their sourcing and procurement risks and are managing them more effectively. Procurement service providers are guiding clients through the substantial changes in energy procurement. They are applying their objective, fact-based process to develop customized procurement solutions and source competitive energy commodity, renewables, and energy utilization technologies. These service providers are also helping utility clients learn and adapt their energy procurement to meet their cost management and sustainability goals.

The speed of procurement processes has increased with the use of artificial intelligence, machine learning and natural language processing, leading to shorter fulfillment cycle times. Procurement teams are also designing and delivering intelligent bots to complete most commonplace procurement tasks with minimal human intervention. This includes managing large-volume orders, running repetitive sourcing events,

negotiating with suppliers for low-value items, and updating inventory lists. Local suppliers are gaining prominence due to the pandemic. Organizations have begun to venture and opt for local suppliers and regional groups in a bid to encourage diversity of thought and participation. With new technologies to automate sourcing and procurement processes, companies are enhancing their supply execution speed and gain more business.

At this juncture, there are a wide variety of companies entering the industry with a set of advanced procurement services. To help companies navigate through the best-of-breed procurement service companies, Energy Tech Review has compiled a list of ‘Top 10 Procurement Service Companies – 2021.’ The enlisted organizations offer services that help increase the efficiency and output of an organization resulting in a rise in productivity and other numerous advantages. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.

We present to you Energy Tech Review’s, “Top 10 Procurement Service Companies – 2021.

    Top Procurement Service Companies

  • Avion Energy Group

    Avion Energy Group

    With relationships over 50 energy providers across 20 states, Avion Energy Group offers the best pricing for electricity and natural gas to commercial energy consumers such as large retail shops, movie theatres, municipalities, manufacturing facilities, and more. The company reviews and submits their customer’s requirements to energy providers licensed to do business in that state so that all energy providers know their price offerings are presented alongside their competitors. Subsequently, all of them offer the best possible price to win a contract, which enables customers to choose from multiple options

    www.avionenergy.com

  • GREENCROWN Energy & Water

    GREENCROWN Energy & Water

    Founded in 2007, Greencrown Energy & Water is driven by the mission of becoming the nation’s most trusted and professional energy risk management and water advisory firm. The company’s team stands apart from the ubiquitous ABC model as they focus on two primary drivers: executing upon its mission statement and a relentless focus on a simple and transparent solution. This helps customers reduce energy spend, decrease consumption, and drive sustainability. Greencrown specializes in energy supply and turnkey conservation measures. Since its inception, the company has grown into an industry-diverse leader and national provider of energy supply procurement, energy efficiency, conservation, and sustainability solutions—primarily servicing middle-market and large enterprise clients, with a focus on multiple-location facilities

    greencrownenergy.com

  • Corcentric

    Corcentric

    Corcentric's primary mission is to provide customers with leading software, advisory services, and payments that empower them to reduce costs and improve working capital to compete more effectively. Corcentric has an enviable history that combines organic business growth with prescient, targeted acquisitions. In the last few years, the company has added on significant, complementary capabilities by acquiring Source One, Netsend, and Determine. Whether venturing into new geographies, expanding its roster of offerings, or developing and enhancing exciting new software solutions, Corcentric's DNA continues to be about providing a competitive advantage to its customers.

  • Energy Professionals

    Energy Professionals

    Energy Professionals is one of North America's leading Energy Advisories working with commercial customers to reduce and control their energy budgets. The company builds client-specific, comprehensive energy strategies that factor in its client's goals and objectives. Utilizing its extensive network of suppliers, energy efficiency experts and renewable energy partners, Energy Professionals brings the most effective, efficient and innovative technologies to the table. The company offers focused solutions to a specific issue and comprehensive plans to address long-term growth, paving the way for energy independence, providing more choice and less waste

  • Fluor

    Fluor

    Fluor Corporation is a global engineering, procurement, fabrication, construction, and maintenance company with projects and offices on six continents. Fluor's 44,000 employees build a better world by designing, constructing, and maintaining safe, well-executed, capital-efficient projects. With headquarters in Irving, Texas, the company has served its clients for more than 100 years. Clients depend on Fluor's expertise for the timely procurement of materials and equipment for their projects. Fluor has built a global network of trusted suppliers to meet client objectives, promptly delivering critical items to projects to meet project schedule and cost requirements

  • Legacy Energy

    Legacy Energy

    The Legacy Energy Group, LLC (Legacy Energy) is an independent, diversified energy management services company serving clients throughout the United States and Canada. Founded in 1998, Legacy Energy’s senior executive team has an average of 25 years of experience in all major areas of the energy industry, including regulated energy markets, deregulated energy markets, demand response, electric utilities, natural gas utilities, wholesale power marketing, and trading, risk management, independent power plant development, and the procurement of electricity and natural gas for retail and wholesale customers. Legacy Energy integrates this diversified skillset throughout its operations to deliver industry-leading, customized energy procurement and management solutions for each of its clients

  • Lumen Companies

    Lumen Companies

    Lumen Companies helps clients compare electricity rates for business and solar energy products that reduce their overall energy expenses. Founded on the principles of improving the lives of others and delivering top-in-class services, Lumen Companies is a forward-thinking organization committed to doing things differently and making the world a better place. The company currently offers Energy Procurement services to all sized businesses throughout the United States, finding clients the best and most cost-effective energy solutions based on their business needs

  • Proactis

    Proactis

    Proactis helps mid-market organizations in rapid growth mode control 100% of their spending. Proactis' all-in-one spend management platform automates the Source-to-Pay process; to help save money and create efficiency gains while increasing compliance and reducing risk. From sourcing projects, contract management, and procurement transactions to supplier collaboration and automated invoice processing, The company's integrated spend management solutions streamline and control all purchasing and spend. Proactis Procurement solutions provide Purchasing professionals with the tools they need to effectively support the purchasing process for everyday goods and services, capital goods, and significant projects

  • Resource Energy

    Resource Energy

    Resource Energy was founded in 2007 to assist commercial real estate owners with their energy needs. Resource Energy operates in 45 states with a team of roughly 50 energy analysts, mechanical engineers, sales personnel, and software engineers. Resource Energy began expanding its services to meet this fundamental need in cities and towns across the country, focusing on customer service and simplifying energy procurement and tenant utility billing for their clients. The company services hundreds of millions of square feet of commercial energy load, providing a diverse portfolio of properties and companies with creative and highly customized solutions to their energy needs

  • SpendEdge

    SpendEdge

    SpendEdge is a global procurement and sourcing intelligence advisory firm with offices in the US, UK, Canada, China, and India. As a pioneer in sourcing and procurement intelligence solutions provider, the company is also a global strategic partner for leading Fortune 500 firms and other leading companies across industries. SpendEdge offers a complete suite of sourcing and procurement market intelligence solutions that are aimed at helping procurement decision makers gain actionable insights for better decision making. THe company's team of analysts and industry leaders provide actionable insights that help sourcing and procurement professionals make informed decisions

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