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Utility Expense Management - Drive utility costs to your bottom-line profits
The Challenge
Utility costs such as electricity, gas, water, sewer, trash and other recurring expenses make up some of the largest annual expenses for a property management company. These utility expenses have been virtually unmanageable due to the way utility expenses have historically been processed and paid. Utility bills are difficult to audit, yet they are prone to errors in meter reads, consumption, rate application, and mishandling of previous balances. Additionally, it is inefficient and expensive for multifamily companies to process and pay utility bills.
The Solution
Via Stratacon's exclusive partnership with ista, we can bring your utility expenses under control with our Utility Expense Management (UEM™) service. ista's UEM service provides expanded insight into your utility expenses and adds money to your bottom line. ista's UEM service creates substantial opportunities for profit and promotes utility expense management across your entire portfolio.
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UEM SCANit - Employ scanning technology to reduce utility costs and go paperless
Increase property value and realize a high return on investment by partnering with Stratacon's exclusive partner, ista, to reduce utility costs through bill auditing, vacant cost recovery, and other UEM™ services.
Simply scan your utility bills with your free high volume scanner and send them to ista via the web. ista provides full IT support, so going paperless has never been easier!
Use SCANit!™ without change of address delays or funding exchanges for bill payment. Experience immediate results with faster turnaround times for audits and bill payments, electronic storage of invoice data, and the elimination of manual data entry for your property and accounting department.
SCANit! allows you to maintain control of cash flow and dramatically improve your utility invoice payment process.
Combine SCANit! with other UEM modules for a Utility Expense Management™ program that meets your unique needs.
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