CTA Watch Overview 6-18-10
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Emerging Issues

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Posted on August 13, 2010
Asset Performance
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Posted on August 22, 2010
Building Efficiency
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Posted on August 22, 2010
Global Asset Sustainability
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Posted On August 16, 2010
Global Energy Efficiency
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Posted On August 18, 2010
Global Energy Performance
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Energy Cluster Logo Verisae’s Utility Bill Processing solution offers specific capabilities and benefits that will greatly impact your efforts to reduce the administrative and operating costs of paying your utility bills and improve efficiencies in your utility management and sustainability programs.

Our utility bill processing service is an automated and streamlined payment service that features a web-based utility bill analysis, reporting and tracking solution designed to reduce enterprise-level utility cost and usage. All utility services are supported including electricity, natural gas, water/sewage, solid waste, etc.

Utility Bill Processing Value

We work with customers to ensure all of their utility vendors send bills to our mailing address. Within 24-hours of bill receipt, the Verisae team works to scan, digitize, audit, and present the bill details and exceptions on our web site.

Customers can hire Verisae to resolve the bill exceptions, or manage the resolution process through their own in-house resources. When it comes to bill payment, we can pay these on your behalf or allow you to maintain the payment responsibility.

Reporting Highlights:

  • Reporting by location, utility, vendor or enterprise
  • Reporting that identifies problem areas such as high cost per square foot, high cost per kWh, etc.
  • Ad-hoc reporting that allows you to create your own custom reports
  • Reporting for your accounting department that allows for various accrual methods
  • Reporting that compares cost or usage for two separate time periods
  • Reporting that shows rate codes, meter numbers, account numbers, and other bill details
  • Reporting that shows bill audit savings by category
  • Turning paper into actionable knowledge
  • Auditing 100% of the bill components
  • Leveraging data for carbon emissions management
  • Cash management for your utility expenses

When using the utility bill processing solution, clients are able to easily capture every data point from their utility bill and track those bill details. Thus our clients can manage by exception - digging into only the bills that may indicate a billing error, use that is out of range, a rate change, a meter change, or other pertinent changes that should raise a flag for additional investigation and potential cost avoidance.

Billing data also enables clients to create site-to-site benchmarking, establish budgets, and in conjunction with Verisae's other modules, correlate billed energy use to real-time energy, maintenance events and procurement decisions.

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