Ready for market entry

A software vendor supporting energy companies with its Meter-to-Cash processes wants to enter European market – specifically the Dutch, Belgian and French markets. Before entering, it needs a full understanding of the relevant laws and regulations. Magnus Energy created a comprehensive compliance matrix, giving the company the clarity it needed to move forward.

Key figures

• 7 types of legislations
• 500+ lines turned into requirements

Approach

• Scope & relevance: We outline monitoring and reporting requirements and assess all relevant directives, laws, and amendments. ​
• Compliance matrix: We then create a matrix of all relevant EU and local regulations, specifying reporting and monitoring requirements for the company’s potential clients and identifying the departments responsible for compliance.

Result

• The analysis provided a clear overview of legal structures in the Netherlands, Belgium, and France, including EU and regional impacts.
• It gave the company confidence it could comply with national and specific regional regulations.
• The company used the compliance matrix to define requirements and assign them for development to internal client teams​.