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Powerledger’s TraceX Introduces Forwards Feature to Bring Price Certainty and Automation to REC Trading

Published

6 months ago

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Zug, Switzerland, 1st March 2025, ZEX PR WIRE, TraceX, the leading REC trading marketplace by Powerledger, is transforming the way Renewable Energy Certificates (RECs) are traded with the launch of its Forwards feature. This new functionality brings price stability, risk reduction, and financial certainty to buyers, generators, and brokers—eliminating the inefficiencies of traditional REC markets.

Solving market challenges with a Digital First approach

REC trading has historically been complex and fragmented, with manual processes, extensive Know Your Customer (KYC) requirements, and counterparty risks that create uncertainty for all market participants. TraceX’s Forwards feature digitizes and streamlines REC transactions, providing greater security, automation, and transparency in every trade.

Key benefits of TraceX Forwards for market participants

  • For Buyers: Lock in REC prices in advance, mitigating market volatility and financial risk.

  • For Energy Generators: Gain predictable revenue and improve financial planning with greater certainty.

  • For Brokers & Traders: Deliver better pricing structures for clients, drive sales growth, and enhance revenue forecasting.

How TraceX Forwards works

TraceX’s Forwards feature automates and simplifies forward REC trading by ensuring:

  • Automated KYC & Counterparty Verification:TraceX conducts thorough verification of participant details, while also allowing participants to perform KYC and additional checks as needed.

  • Binding Contracts: Once both parties complete KYC, contracts become binding, eliminating last-minute withdrawals and reducing transaction uncertainty.

  • Real-Time Notifications: Timely notifications remind sellers to import and assign RECs while ensuring buyers maintain a sufficient balance for transactions.

  • Standardized Terms & Conditions: Ensuring only serious participants engage by requiring acceptance of standardised terms which eliminates the need for individual contracts, creating a transparent and efficient marketplace while reducing default risk.

  • Automated REC Settlement: Trades are automatically triggered on the settlement date, with RECs and payments securely transferred between buyers and sellers

“With Forwards, we’re bringing certainty and efficiency to the REC market. By eliminating manual processes, reducing counterparty risks, and enabling customers to lock in long term REC pricing, we empower buyers, generators, and brokers to trade with confidence,” said Fiona Tiller, CEO of TraceX by Powerledger.

This latest innovation cements TraceX’s position as the go-to platform for seamless, secure, and transparent REC trading.

About Powerledger

Powerledger is a software company that leverages blockchain technology to solve pressing energy challenges, enabling customers to access and trade cheaper, cleaner electricity and trade environmental commodities. Power utilities, governments, and large corporations use Powerledger’s solutions to be at the forefront of the energy transition by tracking, tracing, and trading every kilowatt hour of energy and trading of RECs. Headquartered in Zug, Powerledger is recognized as one of the top 50 companies in Crypto Valley, Switzerland.

About TraceX

TraceX by Powerledger is an environmental commodities marketplace that uses purpose-built technology to enhance transparency in renewable energy certificates trading. Generators use TraceX to track Environmental Attribute Certificates (EACs) from issuance through to sale, transfer and retirement for the end buyer. Companies with ESG goals can use the platform to track ownership, hold certificates for resale, or retire them to meet annual sustainability targets. TraceX is also recognised as a WSA award winner for ‘green energy and environment’ category.

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Press Release

EnterpriseOCR Launches AI-Powered Enterprise OCR to Automate Large-Scale Document Processing

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1 hour ago

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August 19, 2025

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EnterpriseOCR.com introduces advanced AI and OCR technology that captures data from PDFs, scans, and images with unmatched speed and accuracy, helping enterprises save time and scale AP operations without adding staff.

United States, 19th Aug 2025 – EnterpriseOCR.com has released its enterprise-grade OCR platform designed to automate document processing and streamline accounts payable workflows. The software extracts structured data from PDFs, scans, images, and emails in seconds and exports results directly to Excel, Google Sheets, QuickBooks, or ERP systems.

The platform uses template-free AI technology that supports multiple document formats and allows users to set custom extraction rules. Businesses can also connect a shared email inbox so new attachments and documents are automatically processed.

“Enterprises spend too much time on manual document entry. Our solution processes each file in seconds, cuts down errors, and scales without extra hires,” said David Campbell, press contact for the company. “Most of our customers report that it pays for itself in the first week.”

EnterpriseOCR.com ensures all data is secure with AES-256 encryption and guarantees customer files are not used for AI training. Clients report saving over 20 hours per week while reducing costly human errors.

About EnterpriseOCR.com

EnterpriseOCR.com delivers enterprise-grade AI and OCR solutions to capture and process data from PDFs, scans, and emails. Built for speed, accuracy, and security, the platform helps finance and operations teams save time, improve accuracy, and scale efficiently.

Media Contact

Organization: EnterpriseOCR.com

Contact Person: David Campbell

Website: https://www.enterpriseocr.com/

Email: Send Email

Country:United States

Release id:32567

The post EnterpriseOCR Launches AI-Powered Enterprise OCR to Automate Large-Scale Document Processing appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

PDFInvoiceParser Launches AI-Powered Software to Automate Invoice Data Extraction

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1 hour ago

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August 19, 2025

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PDFInvoiceParser.com introduces advanced AI technology that enables finance and operations teams to parse invoice data from PDFs into spreadsheets with unmatched accuracy and speed.

Massachusetts, United States, 19th Aug 2025 – PDFInvoiceParser.com has released its high-accuracy AI invoice parsing platform designed to help businesses eliminate manual invoice entry and streamline accounts payable workflows. The software extracts structured data from PDF invoices in seconds and exports it directly to Excel, Google Sheets, QuickBooks, or ERP systems.

Unlike traditional tools that require templates or manual setup, PDFInvoiceParser.com works out-of-the-box. Users can define custom extraction rules, process multiple rows per invoice, and seamlessly import files from desktops, shared drives, or email. Data can then be automatically exported into connected systems for faster financial reporting.

“Manual invoice entry is inefficient and error-prone,” said Steven Ross, press contact for the company. “Our AI-powered solution processes invoices in under 30 seconds, improves accuracy, and scales for businesses of any size. Many customers see the software pay for itself within the first week.”

Customers report saving over 20 hours weekly while reducing costly human errors. The platform also ensures complete data privacy with AES-256 encryption, and customer files are never used for AI training.

About PDFInvoiceParser.com

PDFInvoiceParser.com provides AI-powered OCR technology that transforms PDF invoices into structured, editable data. Built for speed, precision, and security, the platform helps finance and operations teams save time, cut errors, and automate accounts payable workflows.

Media Contact

Organization: PDFInvoiceParser.com

Contact Person: Steven Ross

Website: https://pdfinvoiceparser.com/

Email: Send Email

State: Massachusetts

Country:United States

Release id:32564

The post PDFInvoiceParser Launches AI-Powered Software to Automate Invoice Data Extraction appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

APInvoiceAutomation Launches AI-Powered Platform for Fast and Accurate Invoice Processing

Published

1 hour ago

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August 19, 2025

By

APInvoiceAutomation.com introduces a secure AI platform that extracts and processes invoices into Excel, Google Sheets, and ERP systems in seconds.

Texas, United States, 19th Aug 2025 – APInvoiceAutomation.com has launched an AI-powered platform that helps businesses automate invoice processing and accounts payable tasks. The software reduces errors, saves time, and allows teams to handle more work without hiring extra staff.

With APInvoiceAutomation.com, companies can upload invoices in PDF, image, or email formats and quickly extract structured data such as vendor names, invoice numbers, dates, and line items. The system works with multiple vendor formats without the need for custom templates. Data can be sent directly to Excel, Google Sheets, QuickBooks, or ERP systems.

The platform also includes an email parser that lets businesses set up a shared inbox where new invoices are automatically processed, including attachments. Users can apply custom rules to format results in a way that fits their accounting needs.

Customers report saving more than 20 hours each week by automating invoice entry. Case studies show major improvements in both speed and accuracy for operations teams, accounting managers, and small businesses.

APInvoiceAutomation.com keeps data safe with AES-256 encryption during storage and transmission. The company does not use customer data for AI training.

Rachel Adams, press contact at APInvoiceAutomation.com, said: “This platform was built to solve one of the biggest problems in accounts payable: manual invoice entry. By making the process faster, more accurate, and secure, we give businesses a reliable way to improve their workflows.”

About APInvoiceAutomation.com

APInvoiceAutomation.com provides AI-powered OCR solutions for accounts payable teams. The platform extracts data from invoices with high accuracy and integrates easily with existing tools. With strong security and automation at its core, it helps businesses save time, cut costs, and work more efficiently.

Media Contact

Organization: APInvoiceAutomation.com

Contact Person: Rachel Adams

Website: https://www.apinvoiceautomation.com/

Email: Send Email

State: Texas

Country:United States

Release id:32562

The post APInvoiceAutomation Launches AI-Powered Platform for Fast and Accurate Invoice Processing appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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