Utility budgets are typically more complex than other areas an organization budgets for. As an essential component of doing business, energy usage will vary with changes in your activities and the weather, and because energy is a commodity, prices can fluctuate dramatically from one month to the next.
Vervantis carefully plan utility budgets, using multilayered modeling and analysis. This analysis combined with our utility data cleansing methodologies ensures financial-grade certainty down to the account level.
Our specialists normalize utility usage and apply weather data so we can better match billing cycles to the fiscal calendar. We incorporate regional market intelligence and regular organizational baseline reviews to more accurately predict future spending. As time progresses, we update utility budgets so organizations can anticipate the impact of any change in business practice, weather, utility costs, and price reviews.
Using proprietary solution BudgetMaster™, we are able to update account level utility budgeting expenditure for even the largest portfolios in a matter of hours to a level of accuracy that can be trusted and defended.
Specialists in utility budgets go beyond the industry norm to make sure cost and use assumptions remain consistent and that expenses hit your general ledger in the same format. Accruals form part of our calculations resulting in a process that minimizes surprises and keeps disruption to a minimum.
To learn more about our utility budgets solutions, connect with us here or call one of our specialists now: 1-888-988-5474
Call us at (480) 550-9225 and schedule your live demo today!
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Whether you’re a seasoned professional or budgeting energy for the first time, our team has the knowledge and insight to improve your process and save you more – guaranteed!
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