Bill Audits & Accrual Resolution

Bill Audits & Accrual Resolution

Audit and Accrual Resolution


Audit & accrual resolution services are provided by a team of utility industry specialists to large and medium-sized companies. We deliver the accurate and swift resolution of billing anomalies and complex or aging utility billing issues.

Utility accruals are incurred during an accounting period for which no invoices have been received. Accruals are, therefore, estimated figures since the invoice, when received, may show a different amount.  Vervantis billing specialists investigate and audit every accrual to resolution, removing the need for estimates and annual reporting of accrued amounts in financial statements.

Organizations with large portfolios have found it beneficial to continue this audit philosophy into the rest of the portfolio to make sure utilities are being correctly billed. Vervantis compare utility invoices against facilities, landlord and lease agreements, and sub-tenant agreements to accurately apply charges and tenant chargebacks.

Every location is subject to a thorough examination to ensure every utility account can be matched to a live site. Accounts identified as billing but vacated are closed with payment responsibilities correctly established and recorded within utility bill payment systems and accounts payable departments.

The forensic nature of the audit process provides organizations with a reliable dataset of validated accounts necessary for effective planning and accurate utility budgeting.

Whether you’re a seasoned professional, or starting a utility bill audit or accrual resolution program for the first time, our team has the knowledge and insight to improve your process and save you more – guaranteed!

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Utility Rates Analyzed

Competetive & Regulated Markets

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States (USA & Can) & EMEA

All Geographies Covered

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Years of Experience

We know what we're doing.

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No one treated the same

You'll never be a number!