A glimpse into utility bill data acquisition techniques over the years

Isn’t it time your organization consideredAutomated Acquisition?

Paper BillsThe original form of utility bill data acquisition involved receiving hundreds of paper bills each month in the mail. Accounts payable would typically pay the bill, and then the cost and usage data might have been logged into a spreadsheet for reporting purposes.

However, this method lended itself to reactive, instead of proactive energy management programs, due to the fact that receipt of the bill typically came 30 or 45 days after the billing cycle, as well as reporting inaccuracies due to human error during data entry.

OutsourceThe next “phase”came with hiring outside firms to handle the task of utility bill data acquisition and payment.

The challenge with this method was that it made additional analysis difficult, if not impossible to carry out. Validating the savings from an investment, determining buildings in need of retrofit, and other analyses were troublesome to execute with the data in the hands of third party aggregation and bill payment organizations.

Individual e-billsMore and more utilities then began to turn to online methods of providing data. Bill data could be downloaded into spreadsheets for quick data manipulation and reporting.

However, property managers and building owners with multiple facilities would still need to acquire different spreadsheets for their separate buildings on an individual basis. Sometimes, bill data from one account would not necesarily translate to one building, making per-facility analysis near impossible.

But...there is a better way!Top-tier organizations are now turning to utility bill data acquisition through automated methods. A consistent stream of data transferred directly from the utility gets delivered right into accounting, energy management, business intelligence, and other programs for reporting and analysis.

Stop performing antiquated methods of data capture and evolve your business with automation.

THE EVOLUTION OF UTILITY BILLING DATA

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Urjanet consolidates and delivers reliable Big Energy Data, solving problems that have plagued organizations for decades.

CollectAutomatically collects the most hard to get, timely and accurate energy data available from thousands of weather and utility sources.

ProcessConverts data structures, content, semantic, rates, tariffs, etc. – all of which change over time – into one standardized, consistent data format.

DeliverSeamlessly imports data into various accounting, energy management, business intelligence, and procurement applications.

Quality AssuranceOver 150 distinct data audits maximize data quality.