User Manual

Utility bill
management
Industry-leading solution to
manage utility costs for
maximum savings potential
www.siemens.com/bt/energy-consulting
Today, 40% of the life cycle costs of
a building are energy costs, making
the accurate management of utility
bills critical. However, managing utility
bills often poses significant challenges
for today’s multi-facility organizations.
With complex energy usage patterns,
fragmented energy tariffs, remote
locations, and specific facility needs,
utility bill management are often dis
-
orga nized, with energy bills reviewed
and paid by groups with limited utility
bill expertise. Important utility data
and
its management is often scattered
throughout the organization, resulting
in the need for transparency in overall
utility spend and trends to proactively
manage costs. The manual nature of
managing these processes can also
lead to the risk of errors in the data
cap
tured and reported, while the lack
of expert oversight also means missed
opportunities to lower utility costs or
inability to report on sustainability
performance and protocols.
Customer benefits
The utility bill management solution
from Siemens addresses these chal
-
lenges by ensuring that all utility costs
are managed for maximum saving po-
tential. The benefits of partnering with
a Siemens utility bill expert include:
• Resolving utility bill errors and
recovering costs
• Freeing up internal resources,
improving productivity
• Alleviating risk and penalties by
avoiding late payments
• Optimizing tax and tariff structure
to drive savings
• Capturing utility invoice details
in a centralized location to yield
optimal transparency for reporting
and analysis.
Utility bill validation and process-
ing is often overlooked as an
opportunity to reduce costs. Yet
by regaining transparency and
control over their supply costs,
organizations can capture
immediate and recurring savings
opportunities.