Utility Bill Management (UBM)
Is an automated interface for streamlined entry, verification and electronic payment of invoices to utility providers. UBM provides:- Development of an interface through which utility bills will be entered, subsequently triggering a payment to the utility provider.
- Development of a Utility EDI (Electronic Data Interchange) Connector through which bills will be received electronically and entered automatically into the utility bill interface.
- Development of a consolidated view into historical utility bill data, including trending information.
- Comparison of the utility bill information to utility tariffs to determine supply-side savings opportunities.
- Leverage the utility bill and tariff information to make load-shaping decisions and also analyze how generation resources can be utilized to shave demand during peak periods.
Benefits / ROI:
- Reduction in the administrative effort required to process, pay and audit thousands of utility bills each month by providing a common interface for entering utility bills and then triggering payment.
- Further reduction of the administrative burden of utility bill payment by transferring EDI billing information (where available) directly from the utility into the utility bill interface, thereby eliminating the need to manually enter bill information.
- Allow analysis of previous utility bills in order to determine trends and analyze historical information.
- Further reduce utility costs by ensuring that utility services are being purchased as economically as possible.
- Further reduce costs by developing a plan for systematically managing the electrical usage during peak periods and utilizing the self-generation capacity to reduce or offset electrical consumption during peak periods.