Green Mountain Energy Company selects Cogent Software to manage Sales Commissions
DALLAS, Texas, May 7, 2012 (SEND2PRESS NEWSWIRE) — Cogent Technology Group, Inc. announced today that the Commercial Services Division of Green Mountain Energy Company has expanded their use of Cogent’s Sales Commission Manager (SCM) software product to provide a means of managing the residual sales commissions that flow as ongoing streams of compensation to their independent brokers and sales agents for completed energy-service contracts. Cogent’s SCM software will be used by Green Mountain’s Commercial Services Division in Texas, New York and other markets as Green Mountain expands into them.
Green Mountain is a pioneer in the renewable energy space, operating as the nation’s longest serving provider of green power and the first retail electric provider in Texas to offer renewable energy. The company’s Commercial Services Division wanted a turn-key approach to accurately calculating and recording commission amounts that are payable to their brokers and sales agents and are based on the customer’s energy usage over time. With Cogent’s SCM software running on their internal network, Green Mountain expects to proactively manage the variability of the commission compensation function.
Cogent’s SCM solution is available both as a leased product and as a software service which is hosted in their Atlanta data center. The full-featured SCM product, which offers a wide range of capabilities and an easy-to-use interface, bolts onto the energy marketer’s CIS/Billing data source and calculates commissions as the underlying energy-usage changes. SCM manages the commission function regardless of the frequency of commissioning events or the complexity of the commission methods.
“We find Cogent’s Sales Commission Manager to be a flexible, cost-effective and robust solution that can accommodate our many needs and we look forward to continued utilization of the system as our company expands into new markets.” said Les Montgomery, Vice President of Retail Energy Operations for the Commercial Services Division of Green Mountain Energy Company.
About Cogent Technology Group:
Cogent Technology Group specializes in custom software and software consulting services for market participants operating in the deregulated energy industry. Cogent’s software professionals have the experience needed to help energy marketers and wholesalers navigate the challenges of the industry by providing cost-effective solutions that reduce operating expenses and increase organizational efficiency.
In addition to Sales Commission Manager, Cogent currently offers an Energy Marketer Data Reconciliation System software product for validating ERCOT SCR727 settlement data against billing data; a Data Flow Manager software product for managing the download of B2B data; and their SalesScape Sales Automation component suite for automating the pricing of sales quotes and the creation of retail energy service contracts. For more information, visit http://www.ctginc.biz .
About Green Mountain Energy Company:
Green Mountain, the nation’s leading competitive retail provider of cleaner energy and carbon offset solutions, was founded in 1997 to “change the way power is made.” The company is the longest serving green power marketer in the U.S. Green Mountain offers consumers and businesses the choice of cleaner electricity products from renewable sources, such as wind, as well as a variety of carbon offset products.
One of Green Mountain’s largest customers is the “world’s most famous office building,” the Empire State Building in New York City. Green Mountain customers have collectively helped avoid over 19.4 billion pounds of CO2 emissions. As a wholly owned subsidiary of NRG Energy (NYSE:NRG), Green Mountain is backed by one of the nation’s largest renewable power producers. For more information, visit http://www.GreenMountain.com .
News Source: Cogent Technology Group, Inc. :: This press release was issued on behalf of the news source by Send2Press® Newswire, a service of Neotrope®. View all current news at: http://Send2PressNewswire.com .
This entry was posted by Send2Press on May 7, 2012 at 8:58 am, and is filed under Cogent Technology Group, Inc., Dallas, DALLAS, Texas, Energy, Oil and Gas, Green Mountain Energy Company, NYSE:NRG, renewable energy. Follow any responses to this post through RSS 2.0.You can leave a response or trackback from your own site.
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