Utility bill auditing software

EnergyCAP UtilityManagement™ utility bill audits automatically run bill data comes in, the auditing algorithms analyze your bills for common errors and issues, then send alerts detailing potential problems before the bills are saved to your database.  

Bills are flagged using audit rules configured by the user. The platform comes complete with audits designed to flag all of the most common billing issues. You can choose which of these to run or create your own audits to meet specific criteria. Automatically assign one or more users to take action on flagged bills, or review the bill yourself to write notes, assign actions, and manage resolution.

Manual utility bill auditing is often performed by departments who aren’t connected to energy use and facilities, don’t know how to identify unusual cost and use, and complete reviews after the bill is already paid—eliminating the opportunity to correct overcharges. Even when manual utility analysis successfully flags facility or billing issues, chasing a resolution is cumbersome. Without utility audit software to centralize and automate utility data management, getting building issues and billing errors addressed relies on email chains, meetings, and missed follow-ups.

Utility bills tell you a lot more than what size check to write to your utility provider. Automated utility bill auditing in EnergyCAP UtilityManagement helps you identify and resolve issues quickly. Easily correct data entry errors when billing dates, account numbers, and invoice numbers are entered incorrectly. Save money by flagging overlapping, duplicate, or miscalculated bills. Find issues in your buildings or meters when abnormal use, cost, or demand are flagged and correct them for significant savings.

Discovering things like billing errors, unusual use patterns, or unexpected costs puts money back in your pocket and towards your bottom line. 98% of users take action every single month on bills flagged in EnergyCAP UtilityManagement, resulting in an average 7.5% YoY cost savings on their utility bills. 

Bill flags point you directly to areas of concern, helping you identify and resolve issues quickly–usually before the bill is even paid. Adding notes and assigning actions to others keeps everything in your single source of truth.

• Bill batches manage bills imported or manually entered into the system
• Bill lists help you find bills and take action on them
• The audit log keeps track of actions taken on a bill 
• Cost recovery tracks the savings identified by bill audits

Energy bill audits are automated, easy to customize, and deliver actionable insights that help you slash energy costs. Save big on utility bills without playing hide-and-seek with errors and overuse. The process is simple. 

1. Configure bill audit rules. Decide which audits to perform, and whether the bills that fail will be flagged or also held from exporting (only available for those licensed with the Accounting Export feature).
2. Import or enter your bills. Every bill is automatically audited and flagged according to your audit rules as they are entered into EnergyCAP UtilityManagement. Users can also manually flag a bill if needed.
3. Review flagged bills. At this point, someone on your team will review the flagged bills and decide to take action or not.
4. Take action.  If you have researched and resolved the issue, you can resolve the flag. You can assign the flagged bill to one or more people for review, or add a comment to the audit log to keep a running history of the research and actions (or lack of action) taken.
5. Calculate cost recovery. The cost recovery field helps you track savings identified by bill audits. Your boss is going to love this part!

Customers take money-saving action on an average of 4.7% of the bills flagged by EnergyCAP UtilityManagement every single month – freeing up employee time to be spent anywhere other than parsing through utility bills.

The entire team wins!

• Energy managers are alerted to inefficiencies and unusual usage patterns, leading to targeted energy-saving initiatives.
• Finance leaders benefit from catching billing errors and ensuring accurate payments, boosting the bottom line.
• Sustainability leaders can celebrate the environmental impact of reduced energy consumption, all thanks to building level actionable insights.