Hubject, a digital B2B market place for services related to the charging of electric vehicles, and Enel X, a company that provides products and services aimed at energy transformation, have entered into a collaboration.
Enel X Financial Services, a subsidiary of Enel X specialized in payment solutions, has been selected by Hubject to enable financial settlement services between Charging Point Operators (CPO) and e-Mobility Service Providers (EMP) on its eRoaming platform.
This service, called “intercharge SETTLEMENT”, enables an automated, future-proof B2B payment and invoicing solution, which is set to reduce the B2B processing costs and help to improve the profitability of all participating partner companies.
The solution is an integrated end-to-end financial B2B settlement service within the e-mobility sector, and it allows CPOs to directly determine the B2B tariffs for charging processes as well as automating the invoicing and billing process with EMPs.
The new settlement solution eliminates manual activities in rating, invoicing and payment processes, which were prone to error. The solution also provides a platform for online conflict resolution and valuable reporting data insights. Besides, it will improve payment security as well as controlling operating expenses and helping businesses reduce them substantially.
Hubject, the company that has BMW Group, Bosch, EnBW, Enel X, Innogy, Mercedes Benz AG, Siemens and the Volkswagen Group as shareholders, has developed an interoperable platform of EV charging points that enables drivers to fill up their cars across a network of 250,000 public charging points worldwide, without having to sign new contracts on top of the ones with their EMP.
To enable a seamless customer experience, each EMP uses the Hubject eRoaming Platform to access a wide range of different CPO networks. Before this agreement, when a charging session took place, the EMP had to separately pay the CPO according to the pricing information declared by the latter. Besides, each bilateral transaction would be settled manually on a monthly or bi-monthly basis after a complex reconciliation process.
