Utilities
The sustainable procurement platform for utility companies
Gain visibility into your spend with suppliers. From reducing costs to making better, data-driven decisions, you have everything you need in one place.
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Trusted by leading utility companies
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Challenges
Tackling procurement challenges in the utility industry
Ignite brings all your procurement and sustainability data and tools together in one platform for a unified view of costs, emissions, and risks across your supply chain.
Lack of transparency across projects
Decentralized, project-based purchasing makes it tough to get a clear picture of spend and suppliers, leaving you with less control.
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Limited supplier information
Low margins and tough supplier negotiations make precise data and insights critical for finding cost-saving opportunities and staying competitive.
High non-contracted spend
Without centralized control, many purchases fall outside contracts and frame agreements, leading to missed cost-saving opportunities and more risk.
Scattered emissions data
Data scattered across various systems makes calculating and reporting scope 1, 2, and 3 emissions hard. It complicates your efforts to comply with legislation, reduce emissions, and hit sustainability targets.
Ignite capabilities
Gain spend visibility and reduce risks with Ignite
Optimize key spend categories, cut costs, increase contracted spend, and track emissions for total control of your work.
Manage and optimize your spend categories
Add, harmonize, and consolidate your spend data from multiple ERPs. Ignite’s powerful classification system helps you align your data with existing spend categories and structures, allowing you to manage them effectively.
This enables you to optimize your mix of suppliers within each category, proactively address risks, and more.
This enables you to optimize your mix of suppliers within each category, proactively address risks, and more.
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Increase contracted spend
Centralize all your contracts and frame agreements on Ignite, and combine them with your spend data. With a single source of truth, you can efficiently track contracted spend and compliance across your company and business units.
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Get a complete supplier overview
Find all your suppliers and their essential information in one place, to identify the best ones to work with and reduce risk.
Conduct internal quality assessments and enrich your suppliers with social or financial risk indices, or custom data sources like StartBANK, to achieve compliance.
Conduct internal quality assessments and enrich your suppliers with social or financial risk indices, or custom data sources like StartBANK, to achieve compliance.
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Reduce costs and improve working capital
Easily uncover cost-saving opportunities across all spend using ready-made dashboards. Get data-driven insights to consolidate your suppliers, negotiate based on price trends, or reduce working capital across your categories and projects.
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Track your scope 1, 2, and 3 emissions
Using our Greenhouse Gas Protocol-validated methodology, calculate your emissions and comply with the Corporate Sustainability Reporting Directive (CSRD).
Identify opportunities to reduce your biggest emissions across suppliers, categories, and projects, and compare your progress year-over-year.
Identify opportunities to reduce your biggest emissions across suppliers, categories, and projects, and compare your progress year-over-year.
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Hear from our customers
See how Ignite helps companies achieve their goals
"Ignite is a scalable solution. By investing time to thoroughly categorize transactions in the first year, the rules carry over to the following years.
The knowledgeable team is always ready to help with any challenges and questions. It's clear that smart people create smart solutions."
The knowledgeable team is always ready to help with any challenges and questions. It's clear that smart people create smart solutions."
“We wanted a solution that gave us a total overview of our emissions and simplified our reporting process, meaning that we would always have access to the latest emission factors from reliable sources, reducing the risk of errors.
We're very happy not just with the Ignite platform, but with the entire team and their culture.”
We're very happy not just with the Ignite platform, but with the entire team and their culture.”
“Ignite stops the drudgery of maintaining and updating complex data sets. It lets us focus on what we do best - discovering areas for improvement, defining strategies and making data driven decisions.
Ignite has helped us meet our compliance obligations, emission-reduction goals, and has dramatically boosted our productivity.”
Ignite has helped us meet our compliance obligations, emission-reduction goals, and has dramatically boosted our productivity.”
"Ignite helps us manage our spend, making it easy to work fact-based with procurement across all our business units and categories.”
Customer success story
How Stena Metall gained full control of spend with Ignite
Discover how Stena Metall used Ignite to gain full control over spend, improve contract compliance, and drive strategic decision-making across the organization.
Stena Metall
Founded in 1939, Stena Metall grew from a local scrap dealer in Gothenburg, Sweden, into a global leader in the circular economy.
With operations in 9 countries, over 4,300 employees, and a wide range of offerings that span resource management, recycling, steel production, and more, managing procurement on such a large scale brought several challenges.
The company relied on a static database for managing spend. This made it difficult to dive deep into their data and connect it with other key areas, like contracts, supplier assessments, and financial information.
Learn how Stena Metall brought their data together to make it easier to manage and act on with Ignite.
Read their story
"We no longer have to sift through static reports. Ignite dynamically displays updated spend data tailored to each situation. Whether we’re preparing for a supplier evaluation or managing a category, Ignite helps us find and display the data in a way that drives better results.”
From our blog
Resources
Learn about sustainable procurement best practices.
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