Charisma Billing for Energy awarded for projects in the electricity market

Bucharest, January 30th 2014

Charisma Billing for Energy, the solution developed by TotalSoft to automate and simplify the process of metering and billing individual consumption of electricity, was awarded the "eBusiness Software for energy billing"distinction within the eFinance Gala Awards. The award acknowledged the successful implementation of the solution at Tinmar, a leading company within the Romanian private market for electricity.

Tinmar project is just one of the projects won last year by TotalSoft within the electricity market and marks a new vertical business for Charisma Billing, following the utilities and heating vertical.

 TotalSoft has a tradition in providing software solutions for the energy sector to companies such as Transelectrica, Hidroelectrica, RePower, Nuclearelectrica, Petrom Energy or e-ON.Charisma Billing for Energy brings simplicity and efficiency with respect to critical activities, with impact in reducing operational costs and increasing profitability.The distinction we received at the eFinance Gala honors us and highlights our ongoing focus to launch powerful, innovative solutions towards a sector which is strategic for Romania” stated Daniel Ionescu, Sales & Marketing Director, TotalSoft.

Charisma Billing for Energy measures and records the consumption by type of use and type of energy, simplifies the tracking of end user contracts, automates billing process based on contractual data and registered consumption, forecasts consumption and procurement requirements and manages contracts with partners and customers.The system provides a panel of control indicators displaying all necessary information in an intuitive graphical way, easy to understand by operators.

At its eleventh edition, eFinance Awards is one of the most prestigious annual event dedicated to banking, financial market and IT & C players and awards performers, projects and products that have stood out the previous year in the two industries.Winners of this edition included companies like Kaspersky, OTP Bank, ASIROM, BRD, S & T Romania, MasterCard Europe EEC BCR Bank, ING Bank and Allevo.