For his presentation, Yogesh will focus on a major pain point in managing a wind farm – dealing with ongoing payment obligations. Without effective technology, wind companies must assign multiple staff members to do manual calculations during each payment cycle that are labor intensive. Despite this commitment of company resources, payments still can be late or wrong, creating even more problems for the company.
Fortunately, there is Web-based software that provides a solution. The geoAMPS software product called altAMPS improves the accuracy and efficiency of meeting payment obligations by providing lease management, automatic payment reminders, payment tracker, royalty calculator, and payment scheduler capabilities. The royalty-payment calculator automates the process of meeting development, construction, landowner compensation and other types of payments, despite the complexities of these calculations and varied timelines.
altAMPS is software specifically designed to meet the needs of renewable energy organizations. The software is one of the industry-specific line of products offered by geoAMPS, a technology company located in the Columbus, Ohio, area.
If you would like to meet with Yogesh or another geoAMPS associate at WINDPOWER 2013 to discuss how software technology is advancing the wind industry, please contact geoAMPS Communications and Marketing Specialist Nathan Mirolo at 614-389-4871 to schedule a time outside of the poster presentation.
