Understand utility expenditure.
Identify savings opportunities.
WHAT UTILITY EXPENSE MANAGEMENT OFFERS
UTILITY REPORTING + ANALYTICS
UTILITY BILL CHECKING + VALIDATION
Identify billing errors.
Recover costs.
UTILITY FINANCIAL MANAGEMENT
Streamline financial processes.
Manage risk.
UTILITY REPORTING + ANALYTICS
Take control of your electricity, gas and water billing data by consolidating it into a single system. Our powerful analytics engine will identify cost and consumption anomalies, and rank and prioritize remedial action to realize cost savings.
AUDIENCE
Finance, Procurement, Operations
DATA TYPE
Billing data
BENEFITS
- Identify cost, rate and consumption anomalies associated with data errors, billing issues, operational inefficiencies and tariffs.
- Identify outliers within a portfolio.
- Focus on what matters by filtering out noise through normalization.
- Improve accountability for investigation and resolution of anomalies.
- Support operational decision-making with root-cause analysis of issues.
FEATURES
- Dashboards with embedded analytics that identify cost, consumption and rate anomalies and rank them by importance.
- Normalization for weather to support analysis of identified anomalies.
- Workflow management tools to track issues through to resolution.
- Trend analysis to track savings achieved.
UTILITY BILL CHECKING + VALIDATION
Apply a systematic, best practice approach to checking and validating bills, so you can easily identify and resolve billing errors.
AUDIENCE
Operations, Facilities, Finance
DATA TYPE
Interval data from utility meters and sub-meters, billing data
BENEFITS
- Streamline bill payment processes.
- Improve governance in the bill payment process.
- Reduce human error and increase the accuracy of bill validation.
- Identify savings opportunities from billing errors.
FEATURES
- Use interval meter data to calculate estimated bills.
- Automatically check estimated bills against actual bills on a line-by-line basis.
- Error reports based on pre-defined tolerance thresholds.
- Workflow management tools to track issues through to resolution.
UTILITY FINANCIAL MANAGEMENT
Leverage reporting templates and data management tools to reduce the effort and risk associated with financial management tasks, including the preparation of budgets, monthly accruals, tenant cost allocations, and analysis for utility procurement.
AUDIENCE
Finance, Operations
DATA TYPE
Billing data
BENEFITS
- Produce timely and accurate financial performance reporting.
- Improve cash flow planning with accurate accruals.
- Empower energy procurement teams with complete and accurate information.
FEATURES
- Set and track financial budgets.
- Multiple methodologies for calculating cost accruals.
- Consolidated energy reports to support procurement processes.
- Allocate costs to tenants based on percentage apportionments or tenant metering.
EXPLORE THE FULL SOLUTION BROCHURE
BUILT FOR
“Envizi is among a few providers at the forefront of the energy management software market worldwide. Their proven ability to capture, integrate and manage energy data for large firms in different industries gives them a strong competitive advantage.”
“We’re impressed with the flexibility of the Envizi platform, in particular the breadth of the data it can receive, and that has proven to be a real benefit for us over the journey.”
“We have made great strides in energy saving across our portfolio. Envizi is helping us take our energy and water management activity to the next level, in some cases achieving and maintaining an additional 10% to 15% savings on historical averages.”
PLATFORM OVERVIEW
Envizi offers an optimization platform that’s tailored to your world. Developed as a modular system, our suite of enterprise software solutions is powerful and relevant because it has been real-world tested and co-created with you. We continue to work closely with clients to evolve our technology – so whether it’s deployed across the enterprise or customized to your role, Envizi delivers the results you need.