The Evolution of Utility Billing Data

THE EVOLUTION OF UTILITY BILLING DATA A glimpse into utility bill data acquisition techniques over the years 17 Paper Bills Outsource Individual e-bills But...there is a better way! The original form of utility bill data acquisition involved receiving hundreds of paper bills each month in the mail. Accounts The next "phase"came with hiring outside firms to handle the task of utility bill data acquisition and payment. More and more utilities then began to turn to online methods of providing data. Bill data could be downloaded into Top-tier organizations are now turning to utility bill data acquisition through automated methods. A consistent stream of payable would typically pay the bill, and then the cost and usage data might have been logged into a spreadsheet for reporting The challenge with this method was that it made additional spreadsheets for quick data manipulation and reporting. analysis difficult, if not impossible to carry out. Validating the savings from an investment, determining buildings in need of retrofit, and other analyses were troublesome to execute with the data transferred directly from the utility gets delivered right into accounting, energy management, business intelligence, and other programs for reporting and analysis. However, property managers and building owners with multiple facilities would still need to purposes. However, this method lended itself to reactive, instead of proactive energy management programs, due to the fact that receipt of the bill typically came 30 or 45 days after the billing cycle, as well as reporting inaccuracies due to human error acquire different spreadsheets for their separate buildings on an individual basis. Sometimes, bill data in the hands of third party aggregation and bill payment organizations. data from one account would not necesarily translate to one building, making per-facility analysis near impossible. Stop performing antiquated methods of data capture and evolve your business with automation. during data entry. Isn't it time your organization considered Automated Acquisition? Urjanet consolidates and delivers reliable Big Energy Data, solving problems that have plagued organizations for decades. 1 Collect 2 Process 3 Deliver Converts data structures, Automatically collects the most hard to get, timely and accurate energy data available from thousands of content, semantic, rates, tariffs, etc. – all of which change over time – into one standardized, consistent data format. Seamlessly imports data into various accounting, energy management, business intelligence, and procurement applications. weather and utility sources. Quality Assurance Over 150 distinct data audits maximize data quality. urfanet Big Energy Data