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Y A R D I U tility B illin g - Yardi Systems

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YARDI U<strong>tility</strong> B<strong>illin</strong>g <br />

YARDI U<strong>tility</strong> B<strong>illin</strong>g <br />

<strong>Yardi</strong> U<strong>tility</strong> B<strong>illin</strong>g is a comprehensive service fully integrated with <strong>Yardi</strong> Voyager to measure,<br />

allocate, bill and collect u<strong>tility</strong> payments. The solution consolidates real-time consumption<br />

data and costs into the Voyager database. Meter data is linked to u<strong>tility</strong> invoices, and costs<br />

are allocated accordingly. Convergent bills can be emailed directly to residents and made available<br />

through <strong>Yardi</strong> Portal . To complete the process, residents can log in to <strong>Yardi</strong> Portal and pay their<br />

bill online. With <strong>Yardi</strong> U<strong>tility</strong> B<strong>illin</strong>g, u<strong>tility</strong> b<strong>illin</strong>g and collection is automated, easy,<br />

and consistent – providing faster access to payments and maximized cash flow.<br />

One Database<br />

The entire process of meter reading, allocation, b<strong>illin</strong>g, and payment is completed within<br />

a single database – without file transfers or manual data entry. Submetering and Ratio<br />

U<strong>tility</strong> B<strong>illin</strong>g System (RUBS) calculations allocate costs directly into <strong>Yardi</strong> Voyager.<br />

Resident b<strong>illin</strong>g is automated and any actions performed on a bill occur in real time,<br />

providing owners and managers operational efficiency and confidence that u<strong>tility</strong> costs<br />

will be accurately billed and recovered.<br />

Key Features<br />

Automated meter readings<br />

Submeter and Ratio U<strong>tility</strong> B<strong>illin</strong>g System (RUBS) calculations<br />

Consumption analytics and alerts<br />

Convergent b<strong>illin</strong>g<br />

Vacant unit cost recovery<br />

U<strong>tility</strong> analytics and reporting<br />

<strong>Yardi</strong> PAYscan u<strong>tility</strong> invoice processing<br />

Online resident payments via <strong>Yardi</strong> Portal <br />

Incorporated into <strong>Yardi</strong> Voyager <br />

U<strong>tility</strong> meter data, including submeter and RUBS calculations, is automatically recorded in <strong>Yardi</strong> Voyager.


YARDI U<strong>tility</strong> B<strong>illin</strong>g <br />

The SOLUTION that Improves Cash Flow<br />

The entire process of meter reading, allocation, b<strong>illin</strong>g, and payment is completed within the single<br />

<strong>Yardi</strong> Voyager database.<br />

Increase Effi ciency<br />

Traditional u<strong>tility</strong> b<strong>illin</strong>g methods require error-prone and time consuming data transfers,<br />

and onsite staff are needed to receive bills, manually move them through the approval process<br />

for payment, calculate allocations, and bill residents. <strong>Yardi</strong> U<strong>tility</strong> B<strong>illin</strong>g dramatically<br />

decreases invoice cycle time using an automated approval workflow, with accurate allocations,<br />

direct resident b<strong>illin</strong>g, and online payment options (ACH and credit cards) that make funds<br />

available quickly.<br />

Convergent Bills<br />

<strong>Yardi</strong> U<strong>tility</strong> B<strong>illin</strong>g enables owners and managers to create monthly statements that<br />

combine resident u<strong>tility</strong> charges with rent due. Statements can be emailed or viewed online<br />

with <strong>Yardi</strong> Portal . A single convergent bill helps improve collection rates, translating into timely<br />

bank deposits and accelerated access to funds.<br />

U<strong>tility</strong> Analytics<br />

With <strong>Yardi</strong> U<strong>tility</strong> B<strong>illin</strong>g analytics and vacant unit cost recovery, owners and managers can take<br />

complete control of u<strong>tility</strong> payables by detecting errors, identifying any leaks, notifying responsible<br />

parties of trouble areas, and promptly recovering overage charges. <strong>Yardi</strong> U<strong>tility</strong> B<strong>illin</strong>g analytics<br />

places the control of u<strong>tility</strong> costs back into the hands of your company.<br />

UB-2PG-8.5x11 01/2010<br />

<strong>Yardi</strong> <strong>Systems</strong>, Inc. 430 South Fairview Avenue, Santa Barbara, California 93117<br />

phone: +1 800 866 1144 | email: sales@yardi.com | www.yardi.com<br />

© 2010 <strong>Yardi</strong> <strong>Systems</strong>, Inc. All rights reserved.

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