Most energy businesses have a variety of public and private shareholders. Due to its vital role as fuel for economic development, energy businesses have additional stakeholders in politics, environmental movements, and many others. It is of vital importance for an energy & utility company to have a clear governance structure and transparency in financial, risk, business, and environmental performance in place that can surpass the audits and are fit to set an example of excellent business conduct.

Risk Management Strategy

Most decision making in the energy business is done under significant risk. In order to safeguard to continuity of the company and realize profit with a high quality, the risk/reward balance must be optimized reckoning with the complex processes and interaction between production, trading and sales. Our deep knowledge and experience with the energy business and risk management enables us to help clients make the optimum risk reward balance in terms of the business risk, market risks and financial risks. We are able to define the risk strategy and implement it into the daily routines.

Risk Implementation & Continuous Improvement

Developing a sound risk strategy is one thing, but implementing it and keeping it an integral and living part of the business is another. During implementation of the risk strategy we are able to find the right balance for our clients between risk & control versus entrepreneurship & grass root initiatives. We strongly believe that the right balance and understanding between these two often separated worlds is crucial for a sound energy business. Tensor offers implementation & continuous improvement of risk in daily routines. Your company is always up to date on risk and quality of profit. 

Governance

Business decisions, performance and risk must be made understandable to various people involved in the governance structure of the company. In order to do so and enable a governance body to function properly, information about financial, operational and risk performance must be offered in the appropriate manner through the appropriate means. This often is a time consuming process  that is prone to errors. We help our clients with concise, to the point, and layered information services to enable our clients to inform stakeholders in the best way possible.

Pre Audit Scan & Post Audit Implementation

Besides the intrinsic motivation of running the business in the best possible way, our clients also have the obligation to pass the periodic accountancy audit. We have people who are experts in the energy business while also having worked at accountancy firms. We understand both worlds. We are able to assist our clients with pre audit scans in order to identify improvement issues. During an audit we are able to communicate / negotiate on behalf of our clients which also enables us to implement the necessary changes post audit in an efficient manner.