UTILITY DATA COLLECTION, BILL VERIFICATION, BUDGETING AND AP INTEGRATION
Centralizing utility invoice management operations into a single data warehouse creates opportunities for organizations with a large volume of utility accounts to streamline data collection and improve bill processing efficiency. It also affords the opportunity to implement invoice validation programs which can flag tariff errors and billing anomalies. This helps clients bolster their bottom line by improving resource efficiency, avoiding costly errors, and providing greater accountability for utility costs.
COMBINING SEASONED UTILITY EXPERTS WTIH WORLD CLASS SOFTWARE TOOLS
For the past 15+ years, SourceOne has worked with some of the nation’s largest municipal, commercial, and industrial energy users to develop and administer advanced utility data management tools and solutions.
Our invoice management services are centered around our cloud hosted utility management platform, EMSYS. EMSYS provides a centralized, web-accessible data warehouse to store and aggregate monthly utility invoices from utilities and suppliers across large organizations. It incorporates Bill Recalculation and Usage Analysis for multiple accounts organized into a single portal which will contain the current and historical monthly snapshots of energy consumption and costs by cost center (departments, regions, etc).
Where possible, our analysts work with our customers to establish Electronic Data Interchange (EDI) feeds with local utilities to reduce time spent on manual processing and reduce likelihood of human error. In addition, we also support integration with our clients’ accounts payable systems to improve payment efficiency and avoid costly late fees.
Vornado Realty Trust
Sub-metering technologies recover multi-million dollars of utility costs. Vornado has been a pioneer in the sub-metering of its properties, and SourceOne has guided them through the process of reaching a fully designed, scalable and innovative solution.
Smart Metering Solution for Massachusetts Municipality
Massachusetts Municipality invests in innovative metering technology to enable residents to better manage their energy use and reduce spend and greenhouse gas emissions.