Most management teams strive to manage energy consumption and control energy costs all year round. One sure way of achieving this is through performing an audit of all utility bills. Utility bill audit NY is a comprehensive review of recent and past billing statements to determine their accuracy and correctness. It is a necessary step any management should take to control utility expenses.
This kind of audit is best carried out by auditors. You do not need experts in the energy sector to carry out the audit. What the auditors do is focus on the documentation of the utility expenses over a certain period to identify any errors that could lead to incorrect billing.
The other thing to note is that the auditors do not necessarily have to come to the company's premises and disrupt operations as they undertake the audit. They could be located in any part of the world and still be in a position to review the documents sent to them. Most of the documents are in the form of invoices which they review for any errors that may lead to incorrect billing. A simple mistake such a wrong meter reading can lead to very high bills.
When a company receives such a bill and notes a mistake in the meter reading, it is usually forced to pay the bill first before the supplier cuts off the supply. Thereafter it can contact the supplier and try and get the billing corrected. In most cases, the best a supplier can do is to offer a future credit instead of a refund. Sometimes the company does not note the mistake in the billing and it can continue paying incorrect billed amounts.
The management of a company should seriously consider performing utility bill audits as a first step in reducing energy costs. Once you identify and engage an auditing team to carry out the audit, start by sending them the paperwork for the utility bills in question. The auditors may not necessarily come to the company's premise to carry out the audit. They can be anywhere in the world and still perform the audit successfully.
Once they have the information they can start the process and within a day or two, identify any errors that they will need to focus on and correct in the course of the audit. A utility bill audit can cover a wide range of utility expenses from electricity and gas which are the most common to the telephone, internet, water and sewer expenses. Some auditors can also look at shipping and fuel among other expenses upon request.
The auditors, after a comprehensive look at the utility invoices, are likely to uncover a number of issues. These range from clerical errors, meter malfunctions, wrong account classification and wrong types of meters installed. They may also find incorrect rates used that differ from any contract rates agreed upon.
After identifying the different issues that need to be addressed, it is part of the auditors work to follow up with the relevant suppliers and have the issues corrected. If refunds are to be issued by the supplier, the auditors will only ask for their payment after the supplier submits the refund to the company. They also follow up with the supplier to ensure the future bills do not repeat the same mistakes.
This kind of audit is best carried out by auditors. You do not need experts in the energy sector to carry out the audit. What the auditors do is focus on the documentation of the utility expenses over a certain period to identify any errors that could lead to incorrect billing.
The other thing to note is that the auditors do not necessarily have to come to the company's premises and disrupt operations as they undertake the audit. They could be located in any part of the world and still be in a position to review the documents sent to them. Most of the documents are in the form of invoices which they review for any errors that may lead to incorrect billing. A simple mistake such a wrong meter reading can lead to very high bills.
When a company receives such a bill and notes a mistake in the meter reading, it is usually forced to pay the bill first before the supplier cuts off the supply. Thereafter it can contact the supplier and try and get the billing corrected. In most cases, the best a supplier can do is to offer a future credit instead of a refund. Sometimes the company does not note the mistake in the billing and it can continue paying incorrect billed amounts.
The management of a company should seriously consider performing utility bill audits as a first step in reducing energy costs. Once you identify and engage an auditing team to carry out the audit, start by sending them the paperwork for the utility bills in question. The auditors may not necessarily come to the company's premise to carry out the audit. They can be anywhere in the world and still perform the audit successfully.
Once they have the information they can start the process and within a day or two, identify any errors that they will need to focus on and correct in the course of the audit. A utility bill audit can cover a wide range of utility expenses from electricity and gas which are the most common to the telephone, internet, water and sewer expenses. Some auditors can also look at shipping and fuel among other expenses upon request.
The auditors, after a comprehensive look at the utility invoices, are likely to uncover a number of issues. These range from clerical errors, meter malfunctions, wrong account classification and wrong types of meters installed. They may also find incorrect rates used that differ from any contract rates agreed upon.
After identifying the different issues that need to be addressed, it is part of the auditors work to follow up with the relevant suppliers and have the issues corrected. If refunds are to be issued by the supplier, the auditors will only ask for their payment after the supplier submits the refund to the company. They also follow up with the supplier to ensure the future bills do not repeat the same mistakes.
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