Procurement Advisory

In deregulated markets, the supply portion of an electricity or natural gas bill is negotiable. Nectar benchmarks your supply contracts, validates the contracted rate on every bill, tracks renewals, and sources competing offers through licensed procurement partners. Nectar is not a broker or supplier.

Nectar procurement advisory — automated utility data management screenshot

In a deregulated market the supply portion of an electricity or natural gas bill is a contract, and the delivery portion is still the utility’s. Teams that only watch the total cannot tell whether a high month came from usage, from a demand peak, or from a supply price that rolled onto a holdover rate. Nectar splits those charges on every bill and keeps the contracted rate next to the invoice.

Nectar is not a broker and not a supplier. Benchmarks, renewal tracking, and bill validation are done in the platform. Competing offers for electricity, natural gas, and renewables are sourced through licensed partners. Any compensation those partners receive is disclosed in writing before you sign, and the contract is between you and the supplier. The platform keeps the benchmark, the signed terms, and the later invoices on the same accounts, so a renewal conversation starts from the bills rather than from a broker’s workbook.

Challenge

Supply contracts are signed without a clear benchmark.

Solution

Nectar compares your contracted rates, terms, and product structure against current market offers and your actual usage profile, and presents the options with their assumptions.

Challenge

Contracted supply rates are not checked against invoices.

Solution

The contracted rate is validated on every supplier bill, and renewals are tracked with notice at least 180 days before expiry so contracts never roll onto holdover rates.

Challenge

Broker compensation is often hidden in the supply price.

Solution

Offers for electricity, natural gas, and renewables are sourced through licensed partners, any supplier compensation is disclosed in writing before you sign, and each contract is directly between you and the supplier.

The contract checked against the invoice

Each supplier bill is checked against the rate, term, and product structure on the contract. A month that does not match is visible as a line-item variance, with the bill attached, rather than as a total that finance has to reverse-engineer.

Renewals are tracked with notice at least 180 days before expiry. The notice is early enough to request offers and compare them with your actual usage profile, instead of accepting a holdover rate because the expiration was buried in a PDF.

Offers compared on your load, not a generic quote

A benchmark uses the account’s usage, demand, and the contract you already have. Options are presented with their assumptions: term, product structure, and what was held constant. A lower unit price that ignores demand or a swing band is not treated as the better deal.

Once a contract is in place, the same accounts stay in bill pay, auditing, and reporting. Procurement does not create a second set of usage numbers for sustainability or for accounts payable.

One platform for every utility decision

Utility bill management, energy cost management and procurement, and sustainability reporting in one system, shared by energy, finance, operations, and sustainability teams.

Nectar utility bill management — utility data management feature

Utility bill management

Every bill for every utility, waste, and telecom account collected, parsed at the line-item level, and tracked against its expected date.

Automated bill collectionData completenessAudit trailAI agent and smart reports
Nectar sustainability reporting and benchmarks — utility data management feature

Sustainability reporting and benchmarks

Audit-ready data for ESG reporting, site benchmarks, ENERGY STAR sync, and exports to carbon accounting platforms.

BenchmarksENERGY STAR Portfolio ManagerESG and carbon integrationsWaste and recycling
Nectar bill audit, bill pay, and ap — utility data management feature

Bill audit, bill pay, and AP

Errors caught before payment, past overcharges recovered, and validated bills paid on time or delivered to your AP system.

Utility bill auditsHistorical bill auditUtility bill paymentsAP and ERP integration
Nectar energy cost management and procurement — utility data management feature

Energy cost management and procurement

Tariff and rate optimization, demand management, and procurement advisory. Customers typically save 3 to 5% of annual utility spend.

Tariff and rate optimizationDemand managementProcurement advisoryBudgeting and forecasts

Loved by customers in every industry

Customer Stories
Featured

How Thomas Foods automated more than 90% of its utility data collection

Thomas Foods International uses Nectar to collect and organize utility data across its US facilities, replacing manual bill downloads and spreadsheet entry.

“Using Nectar has significantly streamlined the process of gathering and analyzing our utility data. The platform just works!”
Jonathan R., Sustainability Director at Thomas Foods Int., USA — Nectar customer

Jonathan R.

Sustainability Director, Thomas Foods Int., USA

Read the case studyFeatured

Stanwich Energy Boosts Client Value with Nectar's Utility Data Solution

Stanwich Energy announces a new partnership with Nectar to enhance the customer experience through advanced, AI-powered utility data services.

“Partnering with Nectar's AI-driven platform has been groundbreaking, allowing us to tackle changes faster and skip the outdated, painful integration required by other solutions. Having the right information is the first step, and Nectar is exactly what we have been looking for to make that happen.”
Matt Shaw, Managing Director at Stanwich Energy — Nectar customer

Matt Shaw

Managing Director, Stanwich Energy

Read the case study
Jeremy Pike, Sustainability Leader at Idaho Milk Products — Nectar customer

Jeremy Pike

Sustainability Leader, Idaho Milk Products

“Thanks to Nectar's innovative solution, we can accurately assess our environmental impact, becoming a pioneer in sustainability among our peers.”

John O'Connell, CEO and Founder at Stanwich Energy — Nectar customer

John O'Connell

CEO and Founder, Stanwich Energy

“Nectar enables faster insights, smarter forecasting, and more accurate budget tracking. It also strengthens our ability to deliver on key sustainability goals by providing real-time visibility into usage and emissions.”

Matt Greening, Founder and Director at Nettzero — Nectar customer

Matt Greening

Founder and Director, Nettzero

“Nectar serves as a reliable and cost-effective technology solution to extract, store, and analyse sustainability data leading to enhanced reporting capabilities and streamlined workflows.”

Ready to get started with Nectar?

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Nectar is an AI-native utility bill management platform for commercial and industrial organizations, with 99.2% line-item parsing accuracy, coverage of 7,000+ utility providers, and automated data collection.

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