lucid utility bill management webinar

Utility Bill ManagementNo more spreadsheets

Proprietary & Confidential

Why automate Utility Bill Management?• Eliminate manual monthly data-entry • Automated benchmarking & compliance reporting • Automate allocations to tenants and departments • Automate financial & sustainability reporting • Reduce human error • Centralize bill PDFs across utilities and buildings • Get richer data - all line items from bill invoices • Reduce utility costs using bill data analytics:

• Catch bill errors • Identify outliers • Identify cost drivers • Optimize individual rates • Track and improve building EUI


3,800 supported utilities


Utility Data Engine

Out-of-the-box capabilities

• Automated capture of bill data across 3,800 utilities worldwide

• Electric, gas, water, sewer, waste, telecommunications

• Detailed invoice itemization and item-level reporting

• Handling for statements-level, account-level and meter-level charges

• Automated data normalization and allocations

• PDF Invoice centralization and downloads

• Built-in data quality analytics

• Industry-leading analytics and reporting capabilities


Normalization Engine

The BuildingOS Normalization Engine enables seamless reporting, analytics and insights across hundreds of buildings


Normalization Engine

• Normalize across utilities

• Normalize across units of measure

• Normalize across currencies

• Normalize across bill and calendar periods

• Normalize by weather variance

• Normalize by occupancy

• Normalize by business output or KPIs

Construct drag-and-drop insights with our analytics cards library

BuildingOS Analytics Dashboards: bill data into insights

Combine any number of Cards into stakeholder-specific Dashboards

Leverage all of your data across all buildings & systems

180+integrations

24card types

UnlimitedConfigurability


Add-on apps Apps


Bill Verification

Our Bill Verification app allows our customers to analyze their bill usage and detect billing errors instantly

• Compare billed consumption against sub-metered use

• Catch suspect invoices at a glance

• Analyze both consumption and demand charges

• Verify billed costs against the BuildingOS Rate Engine results

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Budgeting

Our Budgeting app streamlines the budgeting, reporting and planning process for finance and utility managers

• Create and manage budgets across buildings and business units

• Automate utility bill data capture with the BuildingOS Utility Data Engine

• Automatically calendarize utility bill invoices for accurate reporting

• Report by calendar or fiscal period

• Quickly identify the drivers for budget overruns

• Build & analyze models for long term procurement planning

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M&V

Easy and accurate ROI analysis of efficiency investments streamlines the deployment of efficiency capital

• Easily & accurately validate ROI from efficiency investments & efforts

• Build trust between finance & facilities teams

• Designed & developed in collaboration with DoE & LBNL

• Accurate cost reporting (uses BuildingOS Rate & Tariff Engine)

• Normalized for weather, occupancy and business drivers

• Supports IPMVP Options B & C (system-level & whole building-level)

• Works with both monthly bill data and sub-metering interval data

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Tenant Allocations

Expense management & utility cost reporting made easy with automated tenant and business unit cost allocations

• Automatically allocate utility expenses by tenant, department and unit

• Supports allocations of both utility bill and sub-metering interval data

• Supports allocations by square foot or by sub-meter (panel or circuit)

• Fully integrated with BuildingOS analytics cards - six dedicated cards

• Fully integrated with BuildingOS Rate Engine for accurate cost reports

• Integrated space, tenant and lease tracking

APP

lucid utility bill management webinar

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