Many company management teams focus on cutting down costs and ensuring the company is efficient will all energy consumption. This is done all year round and there are various approaches that can be employed to achieve this. Performing a utility bill audit NY is a sure way that any company can employ with guaranteed results. The audit includes a comprehensive look at the company's invoices on all utility bills to ensure the company is billed accurately.
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 audit team will mainly look at the paperwork in the form of invoices and follow up with the suppliers to correct any abnormalities and errors. There are various types of errors that can be found in utility bills. Many errors usually originate from wrong meter readings that end up increasing the bills. This is due to the fact that most of the utility bills are not automated and require a visual reading to be done at the premises. A simple mistake of reading a digit wrongly can lead to a very high bill.
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.
It is therefore very important for a utility bill audit to be done as the first step to managing energy costs. For the audit to take place, the auditors do not need to be physically present in the company's premises. They could be in any part of the world. All that they may require is the paperwork which can be sent to them for review.
It takes about a day or two for the auditing team to note down any irregularities in the bills provided to them. Once they do this they then get a plan on how to fix and address the errors noted. The utility bill audit can cover a wide range of expenses ranging from the most common ones which are electricity and gas to other expenses like water, internet, telephone, and even sewer expenses. You can also engage them to audit other expenses such as shipping and fuel.
After a more comprehensive review of all the utility invoices, there are several issues that the auditors can come across. Some of the most common issues include clerical errors, having the wrong type of meter installed, the wrong classification of the account type and even meter malfunctions. Sometimes after reviewing the agreed contract rates, they may find the supplier has been charging differently from the agreed rates.
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 audit team will mainly look at the paperwork in the form of invoices and follow up with the suppliers to correct any abnormalities and errors. There are various types of errors that can be found in utility bills. Many errors usually originate from wrong meter readings that end up increasing the bills. This is due to the fact that most of the utility bills are not automated and require a visual reading to be done at the premises. A simple mistake of reading a digit wrongly can lead to a very high bill.
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.
It is therefore very important for a utility bill audit to be done as the first step to managing energy costs. For the audit to take place, the auditors do not need to be physically present in the company's premises. They could be in any part of the world. All that they may require is the paperwork which can be sent to them for review.
It takes about a day or two for the auditing team to note down any irregularities in the bills provided to them. Once they do this they then get a plan on how to fix and address the errors noted. The utility bill audit can cover a wide range of expenses ranging from the most common ones which are electricity and gas to other expenses like water, internet, telephone, and even sewer expenses. You can also engage them to audit other expenses such as shipping and fuel.
After a more comprehensive review of all the utility invoices, there are several issues that the auditors can come across. Some of the most common issues include clerical errors, having the wrong type of meter installed, the wrong classification of the account type and even meter malfunctions. Sometimes after reviewing the agreed contract rates, they may find the supplier has been charging differently from the agreed rates.
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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