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What is it?

Utility Bill Management (UBM) is one of Enel X’s most popular products. It provides a single location to automatically collect, process, pay and analyse all of your company’s electricity, gas, water and waste bills. UBM provides vital insights into how your portfolio operates, so that you can make more informed decisions about your budgets, your operations and crucially, your sustainability efforts via our carbon tracking functionality. UBM can quantify potential savings and identify billing errors, investigating the causes directly with the relevant suppliers.

Why choose Utility Bill Management?

Gain visibility into your energy performance

  • Benchmark accounts and sites to identify areas of high energy cost and consumption within your portfolio. 
  • Evaluate site-level cost-saving opportunities with the support of Enel X’s experts. 
  • Establish key performance indicators and produce simplified and standardized energy reports.

Manage and Track Progress Toward Your Sustainability Goals

  • Provide a single source to analyze portfolio-wide data from energy, water, and other utility bills to assess sustainability performance, identify areas for improvement, and establish key performance indicators.
  • Aggregate emissions and resource usage data to calculate and report carbon footprint at the site and portfolio level.
  • Ensure compliance with all current and future local energy benchmarking laws and disclosure regulations.

Improve Your Operational and Process Efficiencies

  • Reduce man hours required to process large volumes of utility bills by receiving customized AP files.
  • Digitize manual processes to ensure accuracy and reduce accounting errors.
  • Support accrual accounting to better understand liabilities and manage cash flow.

Reduce Your Costs and Avoid Unnecessary Utility Bill Charges

  • Avoid costly late fees by outsourcing invoice management and bill processing
  • Identify, reconcile, and correct erroneous costs through bill validation
  • Disaggregate monthly energy spend into price and consumption components to show energy cost drivers across your portfolio.