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Introduction to Utility Expense Management

Track and manage utility expenditure, consumption and emissions across your organisation to deliver cost-savings, greater transparency and improved business efficiency.

Benefits

  • Track Electricity, Water, Street Lighting and LPG consumption, costs and emissions against sustainability targets.
  • Easily compare and analyse year on year trends and utilisation rates to ensure the accuracy of billing.
  • Automated import and export of invoices saves time by eliminating manual data entry.
  • Customised alerts ensure efficient resolution of billing variations and duplications.

Features

  • Accounts can be linked to multiple General Ledger (GL) accounts with each account assigned a % allocation.
  • Accounts can be linked to a previous Account to manage all related invoices, for example when there is a change of supplier.
  • Multiple rates can be captured per invoice including: shoulder consumption, renewable energy, market charges, other charges.
  • Detailed information can be stored against the individual sites associated with a Utility Account to provide comprehensive reporting.
  • Sophisticated search capabilities allows the user to search and find invoices by invoice number.
  • Invoices can be exported directly to your Finance system for payment.