Platform Overview » Utility Expense Management

Utility Expense Management

Leverage utility billing data inside a powerful analytics engine to control energy cost, identify anomalies and inform decision making for energy efficiency initiatives.

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Utility Expense Management Software built for Finance, Procurement and Accounting Teams

Processing utility bills is a painful task. You spend too much time on administration at the expense of helping the organization to reduce energy costs. The organization relies on you to provide a complete and accurate set of utility data to support sustainability reporting and performance management. Collect data once into a single system of record powerful and flexible enough for finance, procurement and sustainability. Save on the cost and complexities of multiple systems.

SIMPLIFY DATA COLLECTION

Leverage EDI and AI tools to automatically capture data from utilities, third party bill pay providers, and PDF bills.

IDENTIFY BILLING ERRORS

Automatically validate bills to identify those that contain errors, and quickly gather the information required to realize savings from utility suppliers.

IMPROVE BILL PAYMENT PROCESS

Automatically upload payment files containing validated bills to financial systems, minimizing the chance of late payment fees and reducing effort.

BENCHMARK FACILITY PERFORMANCE

Easily identify outliers and poor performers across your portfolio, providing clarity on where to focus energy cost and consumption reduction efforts.

STREAMLINE BUDGET MANAGEMENT

Simplify the budgeting and forecasting process by drawing on detailed, complete and accurate utility data.

EMPOWER PROCUREMENT TEAMS

Negotiate the best electricity agreements by having detailed cost, consumption and time-of-use data from across your portfolio, right at your fingertips.

Utility Expense Management Software Modules

Utility Data Management + Analytics

Identify cost and consumption anomalies in your utility billing data. Prioritize action to realize cost savings.

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Utility Bill Checking + Validation

Apply a best practice approach to checking and validating bills, so you can easily identify and resolve billing errors.

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Utility Bill Checking + Validation

Apply a best practice approach to checking and validating bills, so you can easily identify and resolve billing errors.

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Utility Financial Management

Reduce the effort and risk associated with the preparation of budgets, monthly accruals, tenant cost allocations, and analysis for utility procurement.

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Utility Expense Management: Envizi Partnerships

Envizi partners with leading utility expense management service providers globally. By combining their expertise with our technology, together we provide customers with turnkey solutions to produce consistent and high-quality results.

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Need help understanding how to achieve your sustainability goals with data? Get in touch for a no obligation consult with our team. We’ll be in touch shortly.

Powerful Alone. Better Together.

Envizi offers a comprehensive software platform to drive sustainability performance management – whether you need to consolidate your data, streamline reporting, identify efficiency opportunities, or inform investment decisions.

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