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Invoice Processing and Payment
Do you know your true cost of processing and paying a utility bill? Are you in the top 20% or bottom 30%? According to a study by Aberdeen Group, most companies lack the automation and visibility required to properly manage cash positions. In that study, 2 key performance indicators were measured:
- How many days it takes to process a single invoice?
- What is the true cost of processing a single invoice?
Here is what the study of 130 enterprises revealed:
A resident statement is a great way to inform your residents of all their monthly obligations to the community. It will help with collections, taking the guess work out of how much they owe monthly. Each month residents have questions such as
- How much is my rent?
- What do I owe for utility expenses?
- How much is my Parking and other fees?
- When is my bill due and who do I pay?
Our experience in utility billing goes back to 1996. We have led, innovated and perfected many processes that are key to sending out timely and accurate utility bills. We have one of the highest % of bill amounts in the industry due to lower fee structure.
CSASecure: Pioneering New Trends in Multifamily Utility Management
BluTrend® is a pioneer in providing market-leading utility solutions for the multifamily housing industry. The company was founded by a team of multifamily housing professionals who have extensive experience in utility management technology.
CSASecure® solution lowers the impact of utility theft fast
Why waste time trying to recover losses that you can avoid in the first place? Now you can prevent most utility theft losses rather than waiting 45-60 days to begin recovery efforts. Developed especially for the multifamily real estate market, CSASecure® is the only reliable solution that:
- Decreases operating expenses and ultimately increases cash flow, NOI and property valuations.
- Equivalent savings of 1.3 to 3.3 cents per Kwh on your current rates.
- Identifies utility theft in days, not months—allowing your staff to take fast action.
- Limits liability by allowing you to disconnect violators quickly.
- Automatically notifies residents of delinquencies and pending disconnects.