Industry statistics suggest that utility invoices contain errors of between 3% and 5% by value. With ever more complex contracts being used, this figure looks set to continue.
Validating invoices can be a time-consuming and frustrating exercise. Optima Services can help by using the optima™ Utility Billing System (UBS), which is a proven, highly effective, fully auditable energy accounting system used specifically for the purpose of validating and managing the payment of invoices, received in either electronic or paper form.
UBS performs over 60 separate checks to identify any errors on supplier invoices. That means that we can quickly identify any overcharges that may have incurred. All elements of the invoices are validated, including the supplier’s contract rates, invoiced consumption, meter configuration, third party pass through charges etc.
“Optima secured for us considerable financial savings, over £38,500 to date, but as importantly the customer support has been first class”.