Manage Utilities with Ease and
SAVE Big Money
Discover hidden revenue
Hidden within the stacks of utility bills you receive each month is valuable data that can guide you to savings.
Improve collection rates
A simple adjustment to your resident billing can increase your collections. Why leave money behind?
Better energy decisions
Assess and make decisions based on your valuable energy data to reduce costs and increase NOI.
- Benchmark usage and costs
- Identify billing errors
- Identify inefficient properties
- Show the impact of weather on your expenses
- Combines rent, utilities and other charges owed
- Reduce late fees
- Recover vacant costs
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%.