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In addition to the services described in homepage, our professional activities in the different lines of services (i.e. Assurance, Advisory, Tax & Legal) include:

Strategy Services

PwC helps national and international players and the main former municipal utilities design and implement the right strategic priorities for profitable growth. We help analyse and research the Energy business environment by understanding the potential industry impacts of both market and regulatory changes, helping deal with new industry challenges by continuously adapting corporate strategies.

Sales Force Improvement Programs

PwC has significant experience in the development of the right talent mix for direct and indirect sales forces, both B2B and B2C. Programs developed by PwC in Italy, in the overall service sector and specifically in the Energy industry, have proven successful in attracting, retaining, motivating and rendering more efficient the human resources dedicated to sales and front-end activities.

Revenue Maximisation

Our services are designed to identify and quantify revenue leakages (i.e. loss of revenue) and weaknesses in credit management activities, in order to solve the causes of these inefficiences at the company’s structural level by identifying the appropriate actions to be carried out on processes, systems and organisation. With over 15 years of experience in revenue maximisation projects for Italian and foreign customers, PwC can support you with quantifiable results. In the initial phase we estimate the project’s costs and returns and quantify actual results achieved at the conclusion of the activities. Our experience, methodology and extensive tools developed through a large number of projects, allow us to achieve high levels of efficiency and effectiveness.

Governance and Compliance Programs

In an ever-changing regulatory environment, we help you identify, manage, and control any existing and future regulatory risks by designing and implementing solutions to ensure that your business continues to operate in accordance with current legislation, as in the case of MiFID II. A proactive rather than a monitoring approach to regulation is now a strategic necessity to maximise any competitive advantages to be obtained from the regulatory landscape and minimise the costs and disruptions to your business.

Energy Trading and Risk Management

PwC services include:

  • Implementing trading processes and systems: design and assistance with the implementation of trading processes, selection and roll-out of the best trading systems and improvement of the effectiveness and efficiency of trading execution in line with market best practices
  • review of commodities’ risk assessment process, of derivatives included in the portfolio in order to verify the overall exposure when using the fair value approach, sensitivity analysis, VaR / PaR (Value at Risk / Profit at Risk) models
  • advise on development and implementation of an adequate energy trading risk management organisational structure
  • advise on selection and implementation of adequate energy trading risk management systems.

Risk and Compliance

Our industry knowledge and experience allows us to efficiently support Energy & Utilities players in designing, implementing, testing and optimising internal control environments and risk management issues, consistent with industry specifics and requirements. Leveraging on our knowledge, dedicated tools, consolidated and internationally recognized models, we can assist you in the construction, analysis and implementation of evaluation and risk management models (including models for operational risk assessment) and compliance models / programs consistent with regulations and market requirements.

Divestitures and Sell Side Advice

Our Energy & Utilities industry specialists help you complete and extract the maximum value from your transactions. We identify appropriate buyers and will help establish a sale to generate the best price for our client.

Restructuring and Recovery

Our experienced teams offer a full range of advisory and implementation services, from turnaround and restructuring plans to optimised exit strategies.

Tax Services

Our tax experts provide effective support to Energy and Utilities companies in acquisition deals and complex reorganisations; through a network made up of 150 countries, we can support clients both on a local and global level. Tax services include tax due diligences, tax structuring, post-deal implementation tax work, transfer pricing and human resources tax related matters. Support of our tax experts will help you stay updated on international issues which could impact your business.

Legal Services

Our legal support enables our clients to obtain a full understanding of the regulatory framework applicable to them, in order to better manage all the related issues. Our portfolio includes services related to corporate and commercial law and provides a comprehensive service, which does not exclude any aspect which may affect our Energy & Utilities clients.

Mass Credit Collection

PwC Tax & Legal Services, through its Mass Credit Collection Department, performs a range of services encompassing the full process of credit collection, both during extrajudicial proceedings and litigation, in Italy and abroad. Thanks to a dedicated team of experts, TLS-MCC is able to deliver customized services for the Energy & Utilities industry, where TLS-MCC has matured valuable experience with a top ranking Oil & Gas player. Through an innovative approach, supported by cutting edge software, we are able to deliver high levels of efficiency thoughout the entire process, managing a huge amount of receivables, as well as providing a regular and timely update of the situation and related costs.

Accounting Services

PwC delivers audit and accounting services, including:

  • audit of financial statements
  • analysis of accounting procedures and internal control systems
  • review and analysis of sustainability reports
  • fairness opinions
  • opinions on correctness of financial information
  • assistance in the transition to International Accounting Standards (IAS / IFRS)
  • assessment on compliance with Resolution 11/2007 ("unbundling") and preparation of the separated annual accounts and all the related reporting
  • agreed upon procedures on the correct application of unbundling rules

Performance Improvement

Utility companies need to deliver operational effectiveness while managing high risk. PwC can help you across a wide range of operational excellence initiatives, to manage costs and the supply chain, to improve account receivables management and to improve sales through customized programs. With a focused and proven approach, we help clients with planning and forecasting optimisation, CPM tool deployment, dashboards, scorecards and KPI development, change management and HR programs.