VITALITY Utility Bill Management (UBM)
Our solution goes beyond simple bill payments, actively analyzing each invoice to uncover potential savings. We streamline processes for AP departments, eliminating labor-intensive tasks and enhancing efficiency.
The VITALITY Platform
VITALITY’s Utility Bill Management is all about keeping a close eye on how much your organization spends on utilities. We carefully check the bills before paying to fix any mistakes and ensure timely payments. We also gather and study data on costs and usage, finding ways to use energy and water more efficiently. This helps cut down on expenses and saves your company money.
Utility Bill Consolidation
Effective Utility Bill Management starts with utility bill consolidation. This helps you conserve your utilities while reducing risk, user-error, and vacant unit costs. The VITALITY platform helps you to take this one step further through our advanced utility management system; which provides a central location for all of your utility management needs to help reduce your operational costs and decrease your bottom line.
Detect and fix billing mistakes.
Reduce expensive late fees.
Actively find and solve delays in bill arrivals.
Spot incorrect meter readings.
Discover chances to save on utility rates.
Unified summary statements streamline multiple invoices and sites into a single file.
Seamless integration with a business’s existing GL system through electronic interfaces.
Efficient bill auditing and dispute resolution services.
In-depth cost and consumption reports for each site.
Comparison reports highlighting high-cost facilities across the country.
Forecasting tools analyzing past usage to guide companies in deregulated energy purchases.
Year-to-date performance comparisons against budget.
A Bill Management System That Increases Cashflow and Much More
Budgeting and Forecasting
Give yourself strategic advantage by budgeting and forecasting your organizations yearly utility spend.
Minimize Late Fees
Automate the collection of your properties’ utility invoices for quick processing and payment to minimize late fees.
Anomaly Detection
Be proactive with your utility management through instant alerts and alarming on anomalies.
Financial Security & Transparency
Gain transparency and insight into one of your biggest operational costs
Error Detection
Use VITALITY’s built in error detection to flag missing bills, abnormal data, verify late fees and much more.
Manage Rate Changes
Take advantage of VITALITY’s customization by managing rate changes and your billing schedules.
