Utility Bill Payment

Prenova’s Utility Bill Payment service helps customers minimize the effort required to process and pay utility invoices. A bill payment specialist reviews invoices prior to payment to ensure that account numbers are accurate and that billing amounts fall within the preapproved range.  After an initial quality check, approved invoices are submitted for payment and funds transferred to the appropriate utility provider. Exceptions are flagged for research and resolution.

The Utility Bill Payment process is SAS 70, Type II certified and satisfies Sarbanes-Oxley Compliance and Reporting requirements.

• Ensure timely and accurate payment of utility invoices
• Eliminate duplicate payments and payment of bills for the wrong accounts
• Capture billing data electronically for easier analysis and reporting
• Free up Accounts Payable staff for other assignments

Features

• Invoice processing & payment
• Prepayment audit
• Exception management
• Error research & resolution
• General ledger file transmission
• Archival storage on CD-ROM
• Online reporting

Prenova’s Utility Management Services also include post-payment utility bill auditing, on-going bill data management, and utility account openings & closings.