ExpenseLogic™
Powerful Utility & Energy Expense Management

Utility Invoice Management

Utility Audit & Optimization

Inventory Management

Reporting & Analytics

"*" indicates required fields

Why Choose our Utility Expense Management (UEM) or Energy Management Services (EMS)?

RadiusPoint’s technology and 30-year expertise continuously evolve to meet the data analysis and reporting needs of each of our clients, whether it is benchmarking or vacant cost recovery. By way of example, clients in the property management industry needed specific reporting identifying move in/move-out timing, as well as vacant cost recovery. Our team of software experts rose to the challenge, and created a VCR reporting function within our SaaS platform ExpenseLogic.

Utility Benchmarking

Task Automation

Reporting Analytics

Utility Expense Management Services – Lifecycle Coverage

Utility Invoice Management

Receiving the invoice is the first step to be managed along the Utility Invoice Management and Utility Bill Pay process. The invoice information is then entered with kWh, therms, and gallons for future reporting. The full lifecycle ends with vendor payment, and cloud-based imaging of invoices for future recall and review.

Utility Audit & Optimization

Monthly line-item audits ensure vendors’ invoices are correct—or disputed when they are not. The level of invoice details enables quick review and optimization to save our client organizations money. Our team of experts provides your company a monthly utility billing analysis that ensures utility services are billed correctly.

Inventory Management

Through usage management, RadiusPoint ensures kWh, therms, CCF and gallons are accurately reported, analyzed, and—when possible—optimized. We track usage based on the individual number of each meter, which allows us to allocate monthly invoice costs to correct cost centers and locations. Our clients’ teams can view site equipment at location level, by serial number.

Reporting & Analytics

Big data-type analysis allows internal reporting and government-regulated requirements needs to be met. Meter read usage and service dates ensure a very accurate reporting in conjunction with the Usage Analysis, CO2 or Weather Normalization reporting functions of ExpenseLogic, or when viewing the Exceptions for cost overages.

Benefits of our Services in Utility and Energy Expense Management

Utility costs are an oversight nightmare, with multiple service types —electric, gas, water/sewer, and various types of waste collection services—  with cost fluctuations based on weather-impacted usage. A major component of our BPO service portfolio, our Utility Expense Management services manage the entire lifecycle of the meter and services, from order placement, verification of service establishment, cost allocation set-up, audit and optimization, all the way to utility bill payment.

As part of its BPO service portfolio, RadiusPoint:

  • Manages the entire lifecycle of the utility invoice, from receipt to payment

  • Places order for new services, or disconnect existing vendor services

  • Automates consumption cost allocation to the right location and cost center

  • Performs energy management optimization for cost avoidance & energy savings

Two of our clients discuss the greatest benefits their organizations have received from RadiusPoint, in terms of reductions in labor time and costs, general level of service, and customization of services to our clients’ needs.

Discover through Detailed Case Studies How our Utility and Energy Expense Management Services Help Your Organization

Telecom Expense Management Case Study Written by RadiusPoint

Additional TEM data resource:  Wireless Expense Management

RadiusPoint publishes detailed case studies on TEM/UEM & MMS missions we carried out for clients. Discover the challenges other organizations face, how we tackled them, what tangible results were obtained, and the ROI our intervention generated.

Subscribe to download this publication and receive all our future TEM/UEM & MMS case studies. We won’t spam you.