Our Utility Bill Auditing Services & Cost Saving Solutions
Utility auditing is where we got our start, and it’s still a crucial component to our business process. Unbeknownst to most consumers, it’s estimated that 80% of utility and service billing statements contain errors. By assessing your business’ past payments, contracts, agreements, and document history, we can find potential for savings and save your budget major issues.
Internal financial provisions are consistent areas for lost gains by businesses across industries. We find opportunities for savings or refunds within workers’ compensation agreements, retirement packages, and merchant processing practices, assuring businesses aren’t only budgeting efficiently but abiding by legal compliance standards along the way.
Util Auditors is capable of auditing your internal and external business relationships and documents, including services contracted out to third-party providers. Everything from waste removal to shipping/freight transport agreements has the potential to be better revised and polished to maximize your business’ value.
There are plenty of opportunities for financial savings outside of cutting your overhead costs. We work with the commercial real estate property you desire or already operate out of to find the best property tax breaks and financing options, as well as the chance for highly-beneficial cost segregation.
Access 16 cost-saving solutions spanning 4 subcategories (Utilities, Contract Services, Financial Services, and Commercial Real Estate). There is often one, or more, areas in which we can aid our clients.
Util Auditors deploys proprietary knowledge, methods, and superior technology to thoroughly analyze invoices and services for errors, anomalies, and inefficiency in billing. Clients can login to track the progress of each audit, at each location, in “real time” using our Client Portal.
An interim report of findings can be downloaded at any time during the audit process through our Client Portal. A formal report of our audit recommendations is provided by Util Auditors on every audit project.
Where some audit firms simply make recommendations, Util Auditors will assist you to implement the cost savings and obtain the refunds that we identify. We will act as your project lead, completing paperwork and compiling claim documents for your review that are required to realize the benefit of what we propose.
As a contingency-based service we only invoice for cost savings and refunds if, and after, the client realizes them.