Energy Solutions - Bill Payment

I was exposed to "expense management" while working for a consulting research and advisory company a few years ago. It is the outsourcing of corporate bill management (and sometimes payment). Over the last few years, it has become more accepted as a standard "best practice" for business. Here are some basics to help you better determine if expense management is right for you.

The cornerstone of an effective energy management program is the secure collection of reliable, relevant and independent points of data. 

Billing data, metering data, and the like - these are the data points that energy management is built upon.

Next, it is important to understand that what we call "utility bills" are better understood as "customer statements". These are not simply a demand for payment, but rather one of the best and easiest ways that your service provider can communicate with you. Important data points can be extracted from statements that when aggregated can provide visibility on important trends involving cost and usage.

Having a single system that can manage all of the data is one of the first steps in creating an enterprise-wide energy strategy. It is also one of the lowest cost/highest impact steps an organization can take in understanding their company/facility energy position.

When billing data is compared to metering data, an independent measurement and verification process is established, which is also critical to an energy strategy. This process drives erroneous data out of the system and validates future energy savings against projected savings. The benefits of this process cannot be adequately described in a blog post.

Telamon Global Bill Management collects, processes and reports on billing data from over 150 countries. 

Today, one Fortune 300 customer has saved over $200K in the first year by using Telamon's CUBP (Custom Utility Bill Payment) and is significantly expanding the program in 2014.


What does Telamon's CUBP offer you?

• Reduces Late Fees
• Validates/Corrects Proper Rate Structure
• Validates Energy Reduction Activities
• Facilitates Strategic Purchases of Energy Contracts
• Provides intelligence and impact regarding significant energy cost increases
• Over 20 different bill types available
• International Bill Payment
• Automated CO2 Reporting (Domestic & Global) 
• Sub-Metering
• Freight & Fleet

 If energy is one your mind, call us today for help in getting a handle on your energy environment. Telamon gives you the tools and data to make the best decision for your organization.

-Mark Brown
Channel & Business Development
Telamon Energy Solutions