Skechers has partnered with Schneider Electric to implement a system to centralize utility bill management and give the retailer greater visibility into its energy use.
The business, which is the third largest athletic lifestyle footwear brand in the world, has nearly 500 facilities in the US — 75 added in 2017 alone — with a combination of corporate offices, distribution centers and retail spaces.
Schneider Electric reports that it is working with each site and the utilities that service those locations to collect, record and pay each utility bill, a process facilitated by an online, automated platform. Skechers’ accounting team can access the software and will receive customized general ledger and monthly accrual files for enterprise resource planning and to reconcile expenses. As a result, the company can improve efficiencies and process invoices at a reduced cost.
The program that Schneider Electric implements will also allow Skechers to check bills for errors and offer insight into energy use, water consumption and waste. According to the electric company, that will allow Skechers to identify savings opportunities.
