CFLane Selects BluTrend® Technologies to Provide CompleteEnergy Management & Back Office Integration

Marvin Banks Joins BluTrend, BluTrend®, LLC
August 1, 2014
CF Residential Services selects BluTrend as the exclusive Energy Partner
May 18, 2015

CFLane Selects BluTrend® Technologies to Provide CompleteEnergy Management & Back Office Integration

BluTrend®LLC, the nation’s leading ancillary utility service provider via proprietary patented technology, today announced that CFLane has selected BluTrend Technologies to provide a full range of energy management related services, including utility billing, invoice management, and business process integration.

“CFLane’s decision underscores the value proposition embedded in utilizing the most advanced technologies and automation in our space resulting in more efficient processes which generate higher NOI and enhanced accuracy,” said Marvin Banks, Chairman of BluTrend, LLC.

“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.

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