{"id":11590,"date":"2019-12-27T15:44:27","date_gmt":"2019-12-27T20:44:27","guid":{"rendered":"https:\/\/www.ctrmcenter.com\/?p=25781"},"modified":"2019-12-27T15:44:27","modified_gmt":"2019-12-27T20:44:27","slug":"aquilon-and-the-energy-settlements-network","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/aquilon-and-the-energy-settlements-network\/","title":{"rendered":"Aquilon and the Energy Settlements Network"},"content":{"rendered":"<p>I recently had the chance to catch-up with Randy Wilson, CEO of Houston-based Aquilon.\u00a0 For those that aren\u2019t yet familiar with the company, Aquilon provides an invoice settlement\/reconciliation platform &#8211; called the Energy Settlements Network &#8211; primarily for gas and power market participants. \u00a0The company, founded in 2015, spent its first few years working with its launch customers to build out the platform and the last year, improving it with apps that allow market participants to get onboard more quickly and to more easily take advantage of the company\u2019s services. In describing the latest iteration of the platform, Mr. Wilson said, \u201cWe\u2019ve created a new app-based settlements portal in which users can simply drag, drop and match invoices. This new approach does not require integration with any underlying systems \u2013 all it requires is a pdf of the invoice, something every company already produces.\u201d\u00a0 He noted that rather than relying on common OCR capabilities, they\u2019ve built something he terms \u201cOCR on steroids\u201d &#8211; a system that not only reads the data from the invoice, but also addresses semantic differences via natural language processing and pattern recognition technology. For example, the two parties to the invoice might have different naming conventions<a href=\"https:\/\/www.ctrmcenter.com\/blog\/energy-trading\/aquilon-and-the-energy-settlements-network\/\">&#8230; continue reading<\/a><br \/>\nContinue reading <a href=\"https:\/\/www.ctrmcenter.com\/blog\/energy-trading\/aquilon-and-the-energy-settlements-network\/\">Aquilon and the Energy Settlements Network<\/a>. This article appeared first on <a href=\"https:\/\/www.ctrmcenter.com\/\">CTRM Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I recently had the chance to catch-up with Randy Wilson, CEO of Houston-based Aquilon.\u00a0 For those that aren\u2019t yet familiar with the company, Aquilon provides an invoice settlement\/reconciliation platform &#8211; called the Energy Settlements Network &amp;#&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aquilon and the Energy Settlements Network | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"I recently had the chance to catch-up with Randy Wilson, CEO of Houston-based Aquilon.\u00a0 For those that aren\u2019t yet familiar with the company, Aquilon provides an invoice settlement\/reconciliation platform &#8211; called the Energy Settlements Network &amp;#...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.comtechadvisory.com\/blog\/aquilon-and-the-energy-settlements-network\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Aquilon and the Energy Settlements Network | Commodity Technology Advisory\" \/>\n<meta property=\"og:description\" content=\"I recently had the chance to catch-up with Randy Wilson, CEO of Houston-based Aquilon.\u00a0 For those that aren\u2019t yet familiar with the company, Aquilon provides an invoice settlement\/reconciliation platform &#8211; called the Energy Settlements Network &amp;#...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comtechadvisory.com\/blog\/aquilon-and-the-energy-settlements-network\/\" \/>\n<meta property=\"og:site_name\" content=\"Commodity Technology Advisory\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\" \/>\n<meta property=\"article:published_time\" content=\"2019-12-27T20:44:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Patrick Reames\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:site\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Reames\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/aquilon-and-the-energy-settlements-network\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/aquilon-and-the-energy-settlements-network\/\"},\"author\":{\"name\":\"Patrick Reames\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9\"},\"headline\":\"Aquilon and the Energy Settlements Network\",\"datePublished\":\"2019-12-27T20:44:27+00:00\",\"dateModified\":\"2019-12-27T20:44:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/aquilon-and-the-energy-settlements-network\/\"},\"wordCount\":223,\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/aquilon-and-the-energy-settlements-network\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/blog\/aquilon-and-the-energy-settlements-network\/\",\"name\":\"Aquilon and the Energy Settlements Network | Commodity Technology Advisory\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\"},\"datePublished\":\"2019-12-27T20:44:27+00:00\",\"dateModified\":\"2019-12-27T20:44:27+00:00\",\"description\":\"I recently had the chance to catch-up with Randy Wilson, CEO of Houston-based Aquilon.\u00a0 For those that aren\u2019t yet familiar with the company, Aquilon provides an invoice settlement\/reconciliation platform &#8211; 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