CEVO: faster, more accurate and better documented calculation of water and sewage prices
Preparing a price proposal for the ÚRSO is one of the most demanding processes in water companies. It requires the correct application of legislation, working with data from multiple sources, checking the eligibility of costs, and thorough documentation of the entire process. In many cases, a significant part of these activities is still carried out manually, which prolongs the entire process and increases the risk of errors.
That’s why MIM has developed CEVO – a software tool for automated water and sewerage price calculation. CEVO helps water companies speed up pricing, gain better control over the calculation, and create a transparent and defensible process that is ready for internal control and communication with the regulator.
From input data to final price proposal
CEVO is not just the calculation model itself. It is a solution that covers the entire process of working with a price proposal. It allows you to load accounting data online, add manual inputs, work with simulated movements and repeatedly run the calculation for different periods or scenarios. The solution also includes logical input checks, recording the parameters of individual calculation runs and an overview of all intermediate steps that lead to the final price.
The user can track individual steps of the calculation, checks and ongoing results, including allocations, limits, depreciation, personnel costs, reasonable profit or calculation of average and maximum price. The output also includes mandatory annexes to the price proposal according to the requirements of the ÚRSO.
Less manual work, more certainty in decision-making
The biggest benefit of CEVO is that it reduces the time needed to prepare a price proposal and at the same time reduces the dependence on manual data processing. Professionals do not have to focus on lengthy calculations and checking Excel links, but on interpreting the results and making informed decisions. In addition, the tool allows modeling the impact of input changes on the resulting price, so the company can better evaluate different options before the final submission of the proposal, as well as when compiling a budget.
An important part of the solution is also the historization and backup of inputs. This means that the company has not only the current calculation, but also the traceability of changes over time. Such an approach helps protect internal know-how and reduces the risk that critical knowledge remains tied to specific individuals.
Proven in practice
The first company to use CEVO in practice is Trenčianske vodárne a kanalizácie, a. s. The implementation of the solution contributed to the streamlining of price proposals and improved decision-making in managing corporate finances. The project also included complete documentation of the data collection process, calculations, and creation of attachments, which helped preserve and systematize internal know-how.
Software, implementation and know-how from MIM
Today, MIM is transferring the experience from the first deployment to other water companies. We deliver CEVO as a solution tailored to the specific conditions of the water company. MIM will provide an analysis of the current pricing process, design of a target solution, tool setup, testing, user training and further development of the system. The result is not just deployed software, but a functional and methodically grasped process that can be developed in the long term even with changes in legislation or internal needs of the company.
The CEVO solution is designed for water companies that want to have pricing under control, speed up the preparation of documents for the ÚRSO, and obtain a reliable tool for calculation, simulation, and documentation of the entire process.
