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If you spend more than about $1 million a year on energy, your potential savings are big enough to make this worth your time.

If you operate more than about 20 stores, your energy-management challenges are complex enough that you’ll welcome these ideas, specifically aimed at multisite retailers.

How Utility Bill Processing (UBP) Works

A utility bill is sent, pre-payment, to a designated client P.O. Box. The bill is received, scanned and 100% of the utility bill data is digitized. The data is presented on the Verisae application for management and reporting. A scanned image of the utility bill will be made available. Numerous reports will be made available for the purposes of management, monitoring, and measurement.

Product Deliverables & Processing Overview:

  • Utility bill scanning, digitization, and web presentment within the Verisae application.
  • Exception management of the bills through online exception tool by client personnel or Verisae team member
  • Paper routed to drop box with 1 day turn around on data capture and audit process
  • Internal process for data entry process has led to 100% data accuracy over the past 2-years
  • Depth to data captured allows for vast business intelligence to be applied
  • Total exception management of all bills by Verisae with all history and records recorded in the application.
  • Reporting of utility bills, their status, their cost and use, etc.
  • Reporting of utility bill accruals, actual and predicted financial impact.
  • Budgeting of utility bills for each site.
  • Roster of utility companies, their associated addresses and personnel
  • Integration with Energy Star Automated Benchmarking