UTILITY INVOICE PROCESSING

Automate utility invoice processing

Utility Invoice Processing gives you full control of utility expenses portfolio-wide. Streamline utility payables processing and bill payment in a single connected platform.

Features

Maximize savings potential

Increase efficiency with electronic invoice processing and payments. Eliminate the time and expense of tracking down bills, entering data manually and reviewing invoices for errors and communicating with utilities. Save money on late fees and reduce shut-off notices with faster invoice processing.

Collect valuable data

Gain insights with cost and consumption reporting down to the meter level. Track trends, exceptions and comparisons with comprehensive dashboards. Yardi extracts utility statement details, including demand charges, energy usage, transmission costs and taxes.

Automate invoice analysis

Experience the convenience of never having to deal with a utility company again. Ensure accuracy with automated validations to resolve billing issues and disputes. Yardi tracks, collects and processes invoice data directly from the utility company.

Vacant cost recovery

Capture 100% of occupant responsible utility charges through our real time vacant cost recovery service. Use real time resident/tenant activity compared to unit invoice service periods to maximize your cost recovery. Charges are created automatically and posted directly to occupant ledgers. Statements are created and available in Voyager and RentCafe, with quick visibility to the original utility invoice for reference.

Extend your energy platform

Catering to both commercial and residential markets, Yardi Energy Solutions is a comprehensive suite designed to maximize efficiency and drive results.

Resources

FAQ

Do I need Yardi Voyager or Yardi Breeze to use Utility Invoice Processing?

Yes, Utility Invoice Processing is designed to integrate seamlessly with Yardi Voyager and Yardi Breeze. These platforms provide the necessary infrastructure for managing property data, which Utility Invoice Processing utilizes to deliver comprehensive utility payables processing and bill payment. By using Voyager or Breeze, you can ensure that all your utility expenses are accurately tracked, audited and managed within a single connected solution, enhancing overall efficiency and control.

What makes Utility Invoice Processing a comprehensive solution for portfolio-wide utility management?

Utility Invoice Processing is a comprehensive solution because it integrates utility payables processing, bill payment, invoice tracking and exception auditing into a single platform. This holistic approach simplifies utility expense management and improves overall efficiency.

Can Utility Invoice Processing assist with data access for reporting and benchmarking?

Yes, Utility Invoice Processing provides convenient data access for reporting and benchmarking utility expenses. This feature allows for better analysis and comparison of utility costs across your portfolio, helping you make informed decisions.

How does Utility Invoice Processing streamline utility payables processing?

Utility Invoice Processing automates utility payables processing by eliminating time-consuming manual tasks. This includes automated invoice tracking and exception auditing, which speeds up the entire process and reduces errors.

How does Utility Invoice Processing enhance utility bill auditing?

Utility Invoice Processing enhances utility bill auditing by automating the auditing process. This includes exception auditing, which helps identify and resolve billing errors, ensuring that all utility invoices are accurate and accounted for.