Having already established that processing payments for multiple utility accounts are time-consuming and resource-intensive, often resulting in costly late fees and penalties, Vervantis’ expense management specialists target these inefficiencies, reducing utility bill processing costs by up to 60%. The utility bill management process captures 100% of the line-item details proving unrivaled data streams for analysis and with over 70 detailed reports available out of the box to support accounting and facilities teams complete with every invoice as a pdf and digital file, you are never more than a few minutes to the answers you seek.

See which invoices are being processed, what stage they are at, when they have been paid, how they were paid, even a confirmation of when they cleared with the utility. See what’s being accrued for outstanding invoices, build a custom report or even view your greenhouse gas (GHG) emissions using e-grid data.

Vervantis resolves billing exceptions, account open-close administration, audits, and deposit recovery, streamlining utility bill management so you can concentrate on running your business. So if you want to reduce the cost of utility bill processing and expense management and say goodbye to costly late fees and disconnections, contact our bill management team today to understand if automated utility invoice processing and payment is a good fit for you.