Recover Costs from Billing Errors
A simple first step to reducing energy spend is to check and validate your organisation’s utility bills. Not only could you reduce ongoing costs, but also find that there is nice windfall from historical overcharging.
A survey of nearly 200,000 utility bills undertaken by TEAM found that average cost recoveries of 3.5% could be made by simply checking and querying bills.
TEAM has successfully recovered costs for customers from a variety of different sectors. See “Savings and Benefits tab" on our Utility bill validation Service page for some examples.
Business Benefits
A survey undertaken by TEAM found that identifying billing errors can save on average 3.5% of your total energy costs.
Bill checking can not only identify errors on current bills but unearth historic billing errors and reclaim past overcharges. It also helps ensure future costs are as low as they should be.
Capturing utility consumption information in a central database has additional benefits as data can be used for energy management purposes such as:
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Benchmarking buildings
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Identifying energy saving measures and projects
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Monitoring results of energy saving measures
How TEAM can help
TEAM solutions have been helping organisations recover overcharges from utility suppliers for many years. And savings regularly exceed the cost of the software or service used.
Software solutions
TEAM Sigma software includes features to support the identification of billing errors and ensuring any resulting queries are managed effectively. Pre-defined and custom validation checks are carried out for each and every bill, whether it is entered manually or imported electronically. The system flags up any possible errors automatically and a sophisticated query management function helps track every query from creation to solution.
Service solutions
Outsourcing your utility bill processing and validation to the TEAM Bureau can help you reduce administration costs and save up to 3.5% of your total energy costs.
For organisations who lack the time and resources to carry out bill validation themselves, TEAM offers the following services:
