About Velocity Utility Management Software

Velocity Utility Management helps you take control of energy spending and consumption by helping you simplify and automate resident utility billing; streamline invoice processing; recover utility theft; implement submetering services; and more. When used together, Velocity services can help increase a property’s NOI by as much as $145 per unit per year (based on a 200-unit property).

Velocity Utility Management simplifies and automates the resident utility billing process, and helps put companies on a path to sustainability with online billing and utility invoice processing, as well as better consumption monitoring and reporting. Velocity Utility Invoice Processing typically reduces the cost to process utility invoices by 50%, and drastically reduces late fees through faster processing times. With our daily, automated Vacant Cost Recovery process, owners can identity utility fraud faster and recover an average $2.00 per unit per month—an ROI of almost 300%.