Utility Deposit Recovery
Deposit recovery is focused on auditing utility accounts and returning security deposits that typically remain with utility companies until the account is closed. Using our proven process we get money back to your account fast.
Every utility company has its own policies and procedures for the capture and retention of account deposits, and because there are over 3,500 utilities in the United States alone, keeping track of all those deposits is difficult.
Our deposit recovery solutions are invaluable to companies with large or medium-sized portfolios with hundreds or thousands of utility accounts, where the aggregate of deposit money can be significant and difficult to audit and keep track of.
Using a proven process, our team of specialists audit utility accounts and record deposit values negotiating their release and tracking refunds to ensure checks are issued or credits made on utility bills.
Monthly reporting keeps energy, utility and finance teams updated on successful account deposit refunds and remaining recovery opportunities. The results are impressive with hundreds of thousands of dollars in utility deposits returned each year.
Vervantis provide its utility auditing solution as either a stand-alone service or part of a wider utility bill management program.
To learn more about utility deposit recovery and auditing solutions you can 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 exploring utility deposit recovery first time, our team has the knowledge and insight to improve your process and save you more – guaranteed
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