Utility Bill Pay Solutions
The process of collecting and paying invoices has just become a whole lot easier, and considerably less expensive.
Vervantis is delighted to announce that a fully integrated utility bill payment and management service is now part of their stable of energy and sustainability solutions across the Americas. The service has the most acclaimed invoice and data capture process, boasting the very best results in avoiding disconnects, late fees, and chasing down errors in the industry.
For years, multi-site energy consumers, predominantly in the retail sector, have struggled to keep up with the increasing demands put on their accounts payable teams to manage invoices. Disconnect notices, late fees, missing invoices, and billing errors compound the challenges they face. Additionally, most companies’ internal invoice processing costs are between $7.50 and $12.50 an invoice, a long way from the low levels offered by Vervantis.
Vervantis provides additional utility bill pay solutions services like invoice exception resolution, billing audits, utility accrual, and account open/close administration. Vervantis also has expertly created a complete package to streamline utility bill processing for large and medium-sized companies. Offering low processing costs (companies can save up to 60% on processing costs), lower late fees, fewer disconnections, and payment files three times a week, your accounts payable team can do more critical tasks.
Now that is something you can take to the bank!