Utility Bill Management
Summit Energy specializes in recommending and implementing custom-fit utility bill management solutions for companies in a wide array of industries. We know the strengths and weaknesses of all the major utility bill management providers and can offer an unbiased recommendation of the solution that best fits your company's needs. To simplify the process for you, our team completely coordinates the on-boarding process and ensures the integrity of the program throughout the life of the partnership.
Implementing a utility bill management solution with Summit brings distinct advantages:
- Customized program
No matter what concerns you most - missing bills, late fees, implementation - Summit designs a program focused on meeting your particular needs. Instead of offering a one-size-fits-all utility bill management solution, we survey the industry landscape to match your company's needs with the best third-party provider.
- Reduced late fees & shut-off notices
Late fees are unnecessary costs in today's business environment and having your energy shut off can threaten your operation. Summit can virtually eliminate these problems by streamlining your company's invoice collection and payment systems.
- Lower invoice processing costs
Summit challenges your company to evaluate the cost-benefit of processing invoices in-house. Many end-users have found that utility bill management solutions often cost much less than collecting and paying invoices internally.
- Thorough, extensive data capture
Most accounts payable processes capture only accounting data, not the granular energy data necessary for effective energy management. Summits utility bill management solution gives your company an easy, reliable way to capture this foundational energy information.
- Staff refocused on core business
Utility invoices differ greatly from most other invoice types. For example, on average only 30% of utility bills are sent electronically and there is no standard invoice format. By outsourcing to a utility bill management partner, your employees can focus on the core business, instead of dealing with the particulars of this distinctive industry.
- Simplified billing structure
Summit's invoice solution replaces multiple complicated billing practices with a more streamlined and manageable process. Instead of dealing with various invoice formats and payment schedules, your accounting staff can make a single monthly payment to a utility bill management provider. We can enhance your company's internal invoice accounting processes to bring savings, simplicity and higher quality data.
- Steadfast ownership and oversight
Our energy consultants track the performance of your company's utility bill management program to ensure its success and veracity. If an issue arises, Summit resolves the problem with the utility bill management provider directly.
- Customized, comprehensive general ledger uploads
We ensure that all utility bill management transactions seamlessly upload into your company's existing general ledger layout. We are dedicated to creating utility bill management programs that both complement and enhance your company's overall operation.
The benefits of working with Summit Energy's utility bill management program extend beyond just energy. Summit can coordinate a streamlined process for any type of invoice, including natural gas, electricity, fuel, water, sewer, trash and more.
Contact us to learn how utility bill management can benefit your business.
- Data Management
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