Managing and tracking utility expenses can be challenging. But when you have the right software it can increase productivity, decrease energy wastage and boost profitability. It also helps to ensure that your equipment performance is optimized and expenses are reduced. Utility management software provides accurate consumption data to aid in budget allocation, ensuring that you are not over-paying for resource usage. It sends alerts when consumption patterns deviate from the norm to help prevent unexpected overages and associated costs. It also enables you to practice sustainability in your organization by measuring reductions in energy and water consumption.

Whether you are a commercial office building or multi-residential building, you have several utilities that need to be managed and tracked. These include electricity, gas, water, waste disposal, telephone, internet and more. A utility manager coordinates these services to meet the needs of the organization, facility and tenants. This role can be very demanding, especially in states where drought or fracking techniques may affect the availability of natural resources.

The primary duties of a utility management professional include reviewing, processing and paying company-related utility invoices. This includes a thorough audit of bills before they are processed and the correction of errors in billing. A strong system of management is essential to this role, as it can save substantial amounts of money for businesses with large volumes of invoices. Using an account payable (AP) software can streamline payments and notify you of upcoming due dates, total amount owed and the utility service description. This eliminates manual processes and allows you to unlock unparalleled efficiency in your business. utility management