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Press Release - Verisae

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Verisae

ABOUT Verisae

Verisae is a privately held company based in Minneapolis, MN serving the unique needs of Multi-Site facility owners. We have about 50 employees in several countries and close business partners dedicated to serving our clients with the best business process software.

Verisae delivers a powerful suite of web-based process management solutions for facilities, the assets in those facilities, the energy those assets consume, the carbon emissions they emit, and the people who manage maintain them.

The Verisae solution is the first web-enabled site and asset management software created to meet the unique needs of multi-site owners. We offer a powerful suite of web-based process management solutions for facilities, the assets in those facilities, and the people who manage them. We built our solution with one goal in mind: to reduce the Total Cost of Ownership, lowering operating costs of your sites and the equipment and energy within them.

Combining information in multi-site facilities to review asset procurement, maintenance on those assets, energy consumption of the assets and the entire building, and developing and lowering the carbon footprint of the enterprise defines our goal. By combining a robust site and equipment asset database, call center dispatching, and work order automation, we have built an integrated, retail-focused, Service Process Network. This network links your sites with the teams that monitor their performance and keep them maintained. Verisae delivers savings whether you maintain your sites with in-house maintenance, outsourced maintenance, or a combination of the two.

For the first time, you can see the operational status of the equipment in your stores on a real-time basis. By eliminating paper based processes, your team initiates and manages every step of the maintenance process faster and more accurately. Best of all, each member of the service chain gains great value and payback through the use of the system.

With the Verisae system, you will have the tools to substantially drive operating costs down and profits up. In a high volume, lower margin business, you know how important that is. Gain unprecedented control and new levels of insight into the "Total Cost of Ownership" on your stores and the equipment within them.

Who uses Verisae today? Our customers include these large, multi-site retailers:

* Albertsons * Aldi * A P Tea Co. * BJ's Wholesale Club * Brookshire Brothers Food and Pharmacy * Clemens Markets * Costco * Dane Technologies * Get Go * Giant Eagle * HEB Grocery * HyVee Stores * Ingles * Publix * K-VA-T Stores * Safeway * Supervalu * Tesco UK * Tesco Czech Republic * Tesco Ireland * Tesco Poland * Tesco Thailand * Village Pantry * Waldbaum's * Wal-Mart * Whole Foods * And many, many more...

Verisae's Delivery Model is Software as a Service: Software as a service (SaaS) is a model of software deployment where an application is hosted as a service provided by Verisae to customers across the Internet. By eliminating the need to install and run the application on your own computers, SaaS alleviates your burden of software maintenance, ongoing operation, and support.

Using SaaS can reduce the up-front expense of software purchases. verisae hosts the application on our own web server, or this function may be handled by a third-party application service provider (ASP). This way, you reduce your investment on expensive IT hardware and maintenance costs.

Determining Carbon Reduction Commitment (CRC) Reporting Requirements

Aug 28, 2009 8:53 AM CDT

(Justmeans.com / CSR News) - Minneapolis, Minnesota - August 27th, 2009: All organizations must now establish, evaluate and prioritize their carbon reduction liabilities and get ready to participate in the CRC. It is estimated that some 5,000 organizations in the UK will be required to do so.

The Carbon Reduction Commitment is a mandatory emissions trading scheme and will come into effect by the summer of 2010. Indeed, organizations that will be affected by the scope of this initiative should already be engaged in the process of calculation and should be ready to roll out their active participation.

Distributed organizations across the globe must find the means and tools to effectively track and manage organizational assets from the usage, cost to run & maintain, the energy consumption, and the carbon emissions they produce.  To be truly effective, organizations must be able to prove return on investment (ROI) for sustainable carbon emissions management and reporting.

The Carbon Reduction Commitment seeks to address the threat of climate change caused by greenhouse gas emissions and is at the forefront of any such initiatives worldwide.

The Department for Energy and Climate Change is currently in the process of determining the final specification for the scheme but it is the responsibility of all organizations within the United Kingdom to determine whether they must comply with its requirements.

The base criteria for qualification can be determined by reference to an organization's electricity consumption. Refer to calendar year 2008. If you utilized electricity which is measured through half hourly meters (HHM) settled on a half hourly market and consumed over 6000 Mwh of electricity through those meters during 2008, then you must participate in CRC.

You must compose an inventory of all half hourly meters and your energy suppliers are now obligated to inform you of your consumption to help you prepare.

An organization should pay particular attention to its 2008 readings and in particular should closely assess its organizational boundaries to ensure that it is, indeed, required to participate. For an organization that is multinational or has multiple divisions, individual definition is required.

Qualification for the CRC is based on electricity consumption, not generation, transmission or distribution. Should your company use a large majority of electricity for transport purposes, further definition is required and if after subtracting this amount your total consumption through HHMs is less than 1000 Mwh during the reporting period, then you will be exempt.

Don't be confused into thinking that your reporting requirements should be based on your half hourly meter usage only, as this is just the criteria for participation.

Once it is determined that you should participate, you will need to report all electricity related carbon emissions as well as emissions from gas and other fossil fuel combustion.

You should further note that if your organization is covered by the European Union Emission Trading System or by other Climate Change Agreements insofar as more than 25% of your emissions are concerned, then you are also excluded from participation in the CRC.

During 2009, organizations must take great care in assessing their liabilities and very accurately determining their 2008 consumption. During the first full year of operation mid-2010 to May 2011, you will be required to set your revenue recycling payments for years to come, so compile your data with particular precision.

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About Verisae, Inc.
Verisae, Inc., (www.Verisae.com) helps measure, manage and monetize energy costs and carbon emissions. Its proven Sustainable Resource Planning™ ("SRP") solutions improve operational efficiency, make sustainability initiatives actionable, and reduce energy costs and emissions for distributed enterprises and related energy companies. Today, Verisae delivers a broad range of sustainability solutions to more than 30,000 facilities globally.


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Verisae
Verisae 08am September 02
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