Benefits of Utility Invoice Processing

Easy on Your Staff

RealPage receives utility invoices on your behalf so property staff does not have to worry about faxing or paying utility invoices.

Speed and Accuracy

Velocity uses automated data capture software to ensure your invoice data is captured quickly and accurately. Data validation processing provides your company with invoice data which is more than ten percent accurate than hand-key entry.

No More Late Fees

Velocity payment processing services provides a “no late fee” guarantee for properties that provide original utility invoices at least seven days before the due date.

Eliminate Accounting Errors

RealPage uses an automatic invoice coding process to eliminate accounting errors. Using the A/P extract option, your staff can process invoices quickly with confidence, eliminating late fees and streamlining your A/P process.

Reporting and Auditing

You’ll receive comprehensive, informative reports about your energy usage—both on a site-by-site and consolidated basis—including drill-downs to invoice-scanned images. We’ll also audit your utility rate to ensure you’re paying the right amount and monitor consumption to help identify suspected maintenance problems.