Utility Deposit Recovery
Deposit recovery service audits utility accounts and returns funds fast
Using a proven process, our team of specialists audit accounts and record deposit values, negotiating their release and tracking refunds to ensure checks are issued or credits made on utility bills.
Recovering Utility Deposit Funds
Deposit recovery is focused on auditing 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 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 utility 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 challenging to audit and keep track.
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 auditing solution as either a stand-alone service or part of a broader bill management program.
Call us at (888) 988-5474 and schedule your live demo today!
Streamline Expense Management
Improve Data Quality
Reduce Processing Costs
Let Us Show You How!
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
Competetive & Regulated Markets
All Geographies Covered
We know what we're doing.
You'll never be a number!
