Power Factors introduces new tools for smarter asset and financial management

Managing renewable energy assets is complex, but it doesn’t have to be overwhelming. Power Factors is introducing two innovative products designed to simplify commercial asset management: Unity Asset Oversight and Unity Invoice Management. Available as part of the Unity renewable energy management (REMS) suite, these powerful applications equip commercial asset managers, finance professionals, and compliance teams with the tools they need to confidently navigate regulations, streamline financial operations, and enhance portfolio performance.  

Together, Asset Oversight and Invoice Management reduce administrative burdens and ensure compliance, helping renewable energy organizations focus on growth and profitability in an increasingly complex energy landscape. With these two solutions, commercial asset managers can centralize decision-making and automate workflows, while finance teams benefit from streamlined invoicing and revenue management. 

"With Asset Oversight and Invoice Management, Power Factors is raising the bar, doubling down on our commitment to addressing the complex challenges that commercial asset managers and owners face daily. These tools offer deeper visibility, streamline time-consuming processes, and empower teams to take control of their portfolios. By enabling faster, data-driven decisions, we’re helping our customers realize greater asset potential, improve operational agility, and boost profitability—delivering more value with less effort,” said Sriharsha Krishnakumar, Product Manager, Commercial Asset Management.  

Optimize portfolio performance with Asset Oversight 

Asset Oversight equips commercial asset managers and owners with a complete view of their renewable energy portfolio, ensuring transparency and control at every level. By unifying asset data into a centralized system, it simplifies oversight of operations and service providers and supports confident, informed decision-making. Key features include: 

• Plant & portfolio management: Access real-time, centralized insights at both plant and portfolio levels. 

• Contracts & compliance: Automate workflows to ensure regulatory compliance and never miss contractual obligations. 

• Reporting & performance monitoring: Streamline and automate reporting with a drag-and-drop editor, delivering performance at your fingertips. 

• Warranty & insurance claims management: Manage warranty and insurance claims with end-to-end visibility. 

• Interoperability: Integrate effortlessly with third-party software to enhance efficiency and financial reliability. 
  

Enhance financial efficiency with Invoice Management 

Invoice Management provides clean energy finance teams with a centralized platform to streamline invoicing, ensuring transparency and control over cash flow. By automating key invoicing processes, it reduces manual effort, minimizes errors, and supports timely, informed financial decisions. Key features include: 

• Centralized invoice management: Optimize financial operations with a single platform for all invoice data.  

• Monitoring & alerts: Proactively manage cash flow with instant alerts for issues or delays. 

• Customizable reporting: Gain actionable insights with flexible reporting tools tailored to your needs. 

• Audit trails: Meet compliance requirements effortlessly with comprehensive invoice histories and data transparency. 

• Automated invoicing: Save time with automated billing and invoice generation based on predefined schedules. 

Unified data for better decision-making 

While Asset Oversight and Invoice Management each deliver significant value on their own, their integration unlocks even greater benefits, aligning asset and financial data within a unified system. By sharing a common data framework, these applications benefit from seamless data continuity, eliminating silos, improving accuracy, and fostering collaboration across departments. This interoperability also provides stakeholders with consistent, high-quality data in a format they already use, making it easier to derive insights and act with confidence across the entire asset lifecycle.  

Available now—designed to fit your needs 

Asset Oversight and Invoice Management are available as part of the Unity REMS. Designed with flexibility in mind, organizations can adopt either solution independently or invest in both for a fully integrated commercial asset management system. This approach allows teams to scale efficiently without sacrificing performance or complicating their workflows. 

To learn more about how these applications can transform your operations, request a demo.