€190 Energy Compensation Paid Out Flawlessly

16 December 2022 Collection
1920x800 referentie

‘600,000 direct debits to distribute the government’s energy compensation,’ that was the task for Greenchoice in collaboration with FIQAS. Both the payments for November and December have been executed without error.

Government Measures

With rising energy prices, the government has decided to implement various measures to assist all small consumers in the Netherlands with their costs. One of these measures includes the €190 energy compensation that had to be paid out in both November and December 2022.

Flawless Distribution of Energy Compensation

This required flexibility and decisiveness from Greenchoice and FIQAS. The rules set by the government were clear: the amount and timelines were fixed. It was up to us to ensure that the payments were made promptly and accurately.

The method of distributing the energy compensation was at the discretion of energy suppliers. Greenchoice chose to automatically offset the amount against any outstanding balances and otherwise directly distribute the €190. For this, our Abillity® platform had to compare potential open invoices per customer.

Fortunately, our system is structured in such a way that we could easily carry out this process. We can confirm that the payment of €190 for both November and December has been handled smoothly and without errors.

Want more information?

Are you curious whether our platform is suitable for your organisation?
We’d love to have a conversation with you!

Willem Lemmers

Senior Consultant

+31 297 382323

Credit management starts at the core

In credit management, you make real impact where the invoice and payment (should) meet. It’s the source of insight and the trigger for action. Yet in practice, payment processing is often disconnected from credit management. Why is that?

FIQAS Finance event: adaptability is the key to success

On Tuesday 27 May, FIQAS is hosting an inspiring event on adaptability in finance, featuring speakers from PGGM and Professor Erik Scherder.
Be inspired by real-world experience, product vision and science. Attendance is free, but places are limited.

The power of the unhappy flow

Most software focuses on the ideal process. But it’s the exceptions where you can truly make a difference. Discover how to turn the unhappy flow into an opportunity. The result: less manual work and better control over your payment flows.