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utility bill management

Top Strategies for Efficient Utility Bill Tracking and Payment in 2024 blog

Top Strategies for Efficient Utility Bill Tracking and Payment in 2024

By Business Process Outsourcing, Business Trends, Finance & Accounting, Industries, Management, Utility Bill Processing

In the ever-evolving landscape of business operations, simplicity, efficiency, and excellence are the guiding lights. As we step into 2024, the challenges of utility bill tracking and payment demand a streamlined and effective strategy that ensures precision without drowning in unnecessary complexity.
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The Role of Technology in Utility Bill Management blog

The Role of Technology in Utility Bill Management

By Business Process Outsourcing, Document Processing, Industries, Utility Bill Processing

In the pursuit of doing things better, managing your utility bills is a big deal for businesses. Thanks to the mix of technology and utility bill management! there’s a bit of a revolution going on in how companies keep track of, evaluate, and improve their energy use. In today’s super competitive world, businesses have to jump on the tech train to get an edge. Read More

Mastering Utility Bill Management blog

Mastering Utility Bill Management: A Comprehensive Guide

By Business Process Outsourcing, Industries, Management, Utility Bill Processing

Utility bills are an integral part of every business’s operational expenses. From electricity and water to gas and telecommunications, these bills are a significant portion of your budget. Efficient utility bill management is essential not only for cost savings but also for sustainability and responsible resource usage. In this comprehensive guide, we’ll delve into the key aspects of utility bill management. We will also share how partnering with ARDEM as a utility bill processing company can help you streamline processes and achieve optimal cost management. Read More

Processing Utility Bills for an Energy Benchmarking Company

By Business Process Outsourcing, Utility Bill Processing

As data collection from utility bills moves beyond simply recording periodic usage to tracking consumption trends over a period of time for smarter energy management insights, utility bill outsourcing solutions also need to innovate and match stride with the changing times.

ARDEM was contacted by a utility tracking and energy benchmarking company to help them optimize data processing from incoming utility bills. The task at hand was to process data from over 11,000 utility bills and provide advanced analytics for smarter decision-making.

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Can OCR Automate Your Invoice and Utility Bill Processing?

Can OCR Automate Your Invoice and Utility Bill Processing?

By Data Entry Services, Document Processing, Invoice Processing, Utility Bill Processing

OCR (Optical Character Recognition) works by converting images of handwritten or printed text into machine-encoded text. This text is made readable by machines and aims to automate data extraction through data capture technology. While this technology is used widely today,  it does require some manual effort in order to produce the highest amount of accuracy, especially with utility bill auditing. Depending on the quality of the handwritten or printed text, OCR technology may choose a specific character based on what it determines is the best match. So how well does OCR automate your invoice and utility bill processing? Read More

How to Streamline Utility Consumption and Sustainability Reporting

How to Streamline Utility Consumption and Sustainability Reporting

By Business Trends, Document Processing, Utility Bill Processing

Organizations are taking the initiative to collect data on utility consumption in order to provide sustainability reports to help improve their impact on society. The majority of the large cities in the US have different benchmarking ordinances that require large commercial, industrial, and multi-family properties to report their benchmarking compliance statistics. One of the challenges that these organizations find is that there is a large manual effort required when collecting and organizing the data to analyze for utility bill data management. As a result, organizations are searching for more cost-effective solutions for utility consumption and sustainability reporting. Read More