As a business owner or facilities management professional you have many responsibilities. One of the most important is managing costs. One of these is constant, your utility costs. Utilities, such as electricity, water, and gas, are essential to our daily lives. However, they can also be a significant expense for many and can often take […]
Automating utility payments can be a simple but effective way for organizations to save money. By automating the process of paying utility bills, organizations can reduce administrative costs, avoid late payment fees, and ensure that bills are paid on time, every time. One of the primary ways that automating utility payments can save money is […]
Utility bill data can be a valuable resource for organizations looking to track and report on their sustainability performance. Meeting government mandates, creating carbon reduction initiatives, and investing in new technology are great, but organizations that make a real impact in their sustainability performance efforts start by understanding their resource use through a thorough examination […]
Utility data refers to the information collected about the consumption of utilities such as electricity, gas, and water. This data can be incredibly useful for managing energy usage and promoting sustainability within a facility or organization. One of the key benefits of historical utility data is that it enables us to track trends and patterns […]
In today’s business environment every dollar counts. Utility costs are no different. According to Consumer Price Increase data released in January by the U.S. Bureau of Labor Statistics consumers paid an average of 14.3% more for electricity in 2022 than in 2021. That is double the overall rate of inflation for the same time period. […]
Organizations can reduce their utility costs by implementing better management of invoices, approvals, and automated payments. By streamlining these processes, businesses can save time and money, freeing up resources for other important work. One way to reduce utility costs is to improve the management of invoices. This can involve implementing a system for tracking and […]
One of the biggest challenges facing large corporations in 2023 will be managing their utility costs. Organizations lose millions each year in incorrectly billed and processed utility invoices. As the cost of energy continues to rise, businesses will need to find ways to reduce their consumption and lower their bills. This can be achieved any […]