August Newsletter
We Have Some Big Updates For You
Hi There!
It's been a while since our last update. Our team has been hard at work building Perl Street’s financial management platform for clean energy assets. Over the past year, we have incorporated the feedback from hundreds of our customers and renewable energy companies.
We are excited to share the latest updates in the first edition of our monthly newsletter. This month, we'll highlight our new product releases, including the Excel Co-pilot, various integrations, and the Embedded Finance Originator. Additionally, we're sharing a sneak peek into our upcoming features. Big things are happening at Perl Street, so keep reading to see what else we have been up to, and thank you for your continued support!
The Next-Gen Finance Tech Stack for Renewable Energy
Renewable energy businesses have long struggled with outdated financial data management methods. Our tech stack is designed to deliver tangible outcomes, enabling 10x growth, sustaining new business models, and ensuring compliance. By automating data management, integrating industry-specific tools, and streamlining financial processes, we set the right tech foundation for your success. Discover how our solutions can transform your projects today!
Learn More About Our Solutions
Introducing Perl Street's AI co-pilot
Many financial planning tools, like Microsoft BI/Power Platform, Workday Adaptive, and NetSuite/Oracle, struggle with onboarding complex project financial models. As Dr. Peyman Faratin, our Chief AI Advisor, says, "The critical question in using technology is: where are you transferring the complexity?" Renewable energy data often resides in Excel due to its flexibility, leading to time-consuming manual data preparation.
Perl Street's AI co-pilot solves this by allowing users to upload Excel spreadsheets, instantly access dashboards, and perform advanced scenario modeling, enhancing flexibility and speed by 10x. This makes your Excel spreadsheets the single source of financial truth. Our AI co-pilot, now available for free trials, offers a powerful experience for new and existing customers.
Excel Spreadsheet Integrations
Take a look at some examples of how our customers are leveraging our tech
Excel Roll-Ups
This powerful solution ingests our customer's complex Excel files and enables its finance team to efficiently manage, search, filter, and aggregate data across hundreds of Excel files.
CRM
Our customer revolutionized their financial reporting by leveraging Perl Street's Excel Rollup module with real-time Salesforce integration and What If scenario capabilities.
ERP
Perl Street's integration with Microsoft Dynamics ERP enabled our customers to accurately allocate SPV-level expenses to projects and generate precise project-level variance reports.
Building The Financial Pipes
"The financial pipes, as they currently exist, are narrow, twisted, and clogged. We need wider, straighter, cleaner financial pipes to facilitate the flow of capital to reach our collective climate goals." - Richard Kauffman (NYSERDA), Fixing the Plumbing: Asset Management, Clean Energy Technology, and the Valley of Death (Settling Climate Accounts).
We have been building these straight financial pipes. On the one hand, we have been enabling our customers to develop and finance bankable projects. On the other hand, we have financing customers who leverage our financial management software.
We are excited to officially launch Perl Street’s origination platform for our financing customers and offer embedded financing solutions for clean energy project developers, making my engineering dream come true: a financing options button on engineering design software tools!!
- Energy engineers, EPC firms, and equipment suppliers can now offer PPA financing.
- PPA funders can originate loans faster and unlock more investment opportunities.
Are you funding C&I solar, battery, and EV charging assets? Please reach out here:
Perl Street Origination Platform
We Are Enterprise
We are SOC 2 compliant and support Single Sign-on.
What We Are Cooking
Electricity Market Data
We are integrating NEM/AEMO data into our platform, streamlining investment and portfolio management for our Australian customers.
GGRF
We are connecting employment statistics from ERP/Payroll/HR systems and allocating the jobs created to the project level for GGRF or IRA purposes .
DER/VPP revenues and incentives
Integrating DERMS and VPP platforms with our financial analytics for streamlined financial operations and portfolio optimizations.
Recent Publications
Scaling Renewable Solutions: An Interview with King Energy
In the dynamic world of renewable energy, King Energy stands out as a trailblazer in the multi-tenant commercial and industrial solar development sector. We sat down with John Witchel, CEO of King Energy, and Mike Pundmann, VP of Financial Products, to delve into their innovative solutions and the future of renewable energy.
Read their full interview here.
New Blog: Vertically Integrated Business Models in Renewable Energy
The quest for control created vertically integrated business and partnership models can be a tough one. Our latest blog post breaks down the main pros and cons of some of the most common business models in renewable energy.
Interested in learning more about our platform or partnering up with us?
Get in touch with our team today and we'll reach out to you to discuss further.