“We focus on asset performance and the value creation opportunities for our clients,” stated Byron Cocke, Chief Executive Officer of CFLane. “We identified timely and accurate resident billings and more efficient utility processing as an untapped source for producing higher revenues and lower operating costs for our managed communities. BluTrend’s technologies are the next step in the industry’s evolution of operational efficiency and we intend to take full advantage of them.”
“BluTrend’s business model and services are complementary to our operations. Our tests of their technologies revealed very impressive results compared to other providers,” said Bill Barkwell, Chief Financial Officer of CFLane. “It’s equally a differentiator to pass the savings generated through BluTrend’s services to our communities rather than sharing them with 3rd party providers.
“BluTrend’s patented CSASecure, unique Automated Invoice Processing (AIP), advanced web reporting, comprehensive energy management programs, and widespread experience in both regulated and deregulated utility markets is extremely beneficial to investment and property management platforms like CFLane. We believe through the application of technology solutions, owners and management companies can enhance NOI and generate alpha return potential not readily present in the space, “said Michael Anderson, Managing Partner of BluTrend, LLC.
For more information about BluTrend, LLC visit our website at www.blutrend.com or call Michael Anderson at 972-739-9901.