For companies with many locations across the country, the need to drive down utility costs and improve facility efficiency is critical to stay competitive. Tracking invoice data and doing a comprehensive audit to ensure the correct amounts are being paid is labor intensive and often outside the scope of most accounts payable departments. Dealing with billing mistakes becomes a reactive, rather than proactive, task.
Ecova provides complete management of all of these tasks so our clients are able to focus on proactively driving cost savings and facility efficiencies. Utility Expense & Data Management provides a fully outsourced payment solution with detailed data capture, robust reporting and best in class analysis capabilities. Ecova consolidates thousands of invoices into one simple invoice for the client to process and provides an automated feed of data to their accounting software. Our clients can therefore better track how each facility manages energy, water and waste costs and consumption.
“Seeing how much we were saving through this service, we decided to look into some of the other products that Ecova provided. That’s when we started exploring sustainability and other cost-cutting services.”
-Shirley Granado, GameStop
Do you manage resource financials for your company? Request a demo of The Ecova Platform to learn how you can reduce time spent managing day-to-day AP tasks and support informed decision making with detailed cost and use data across all major resources.
Ecova handles the time-consuming task of site-by-site account opening and closing while ensuring your savings are maximized by being on the correct rate schedule and negotiating deposits. You’ll have the peace of mind that the tasks are being handled correctly and efficiently.
Proactively manage your utility expenses with better forecasts and more insight into cost drivers throughout the year. Ecova provides clients with highly accurate resource budgets and the necessary tools to better manage your expenses from month to month. With intuitive tools on The Ecova Platform, companies can easily review budget assumptions, understand accrued expenses, and see the impact of changes in weather, unit cost, and consumption on their performance to budget.
Gain specific insight into how finance professionals are prioritizing efficiency and sustainability initiatives in 2016 by downloading this new report.Get Report