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.
Assurance is the Cornerstone of Excellence
Vervantis is SOC2 Type II certified by independent auditors of the Association of International Certified Professional Accountants (AICPA). This is an ongoing, year-round process that attests our controls and processes meet AICPA trust criteria, as well as rigorous independent penetration testing of our utility software DataHub360™ ensuring data is secure. Cyber insurance is standard in our agreements providing additional assurance and peace of mind.
Utility Bill Management Specialists
Automated Invoice Collection
The cost of missing invoices starts with late fees and quickly escalates to disconnections which seriously impact operations and reputational risk. Vervantis automated invoice collection solves the problem.
Exception Resolution
Our billing specialists thoroughly investigate and resolve all utility bill exceptions directly with utility vendors, so there is only contact to an organization’s accounts payable or facilities team when all other known avenues have been exhausted.
Open Close Services
Our utility billing specialists do all the heavy lifting. Working as an extension of your team, we create fully customizable utility administration solutions that respond to fluctuations in demand.
Deposit Recovery
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.
Audits & Accruals
We audit leases and investigate utility accruals to resolution. Improve cash flow and swiftly remove the need for charge-back estimates or accrued amounts in financial statements.
Utility Budgets
Our experts 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.
Explore Our Services
Serving Commercial and Industrial Energy Consumers Across the Globe
Vervantis commercial energy consultants serve multiple countries and geographies providing a single solution for outsourced energy & sustainability expertise for businesses. We manage and centralize utility, CSR and ES&G programs, providing regional support to deliver local language expertise across established and emerging markets.
