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Why Your Business Needs a Utility Bill Audit From Applied Utility Auditors?

Why Your Business Needs a Utility Bill Audit From Applied Utility Auditors?

Your power bill invoices are due every month, and many businesses make the mistake of believing they are being billed correctly. Some organizations, in fact, have an account management staff in place to monitor and record their invoices each month. This offers firms the false sense of safety that their invoices are being inspected every month to guarantee they are proper.

A utility audit is a thorough inspection of all-electric, gas, water, and sewage accounts. The audit identifies billing errors and assesses the effectiveness of rate plans. Unfortunately, the majority of individuals are unaware that a utility and telecom audit is even a possibility. So, today, we’ll go over what a utility audit is and how it might benefit you.

What is the Purpose of a Utility Audit?

A thorough bill audit entails digging deeper into your utility accounts to ensure that the utility providers are charging you at the lowest feasible rate.

The purpose of an audit is to guarantee that your accounts are at the most advantageous rates depending on your:

  • Load distribution graph
  • Usage time
  • Business type

However, the focus should not be solely on whether your accounts are on the best rates, but also on things like numerous added charges and riders linked with the electric bills.

The frequently overlooked unnecessary costs that lead to higher expenses that can at times last for multiple monthly invoices being another key factor.

What Does a Utility Audit Include?

A utilities and telecom audit consists of three parts:

Research – We review all service agreements and your billing history to gain a comprehensive picture of not just what you’re now paying for but also what your genuine service needs are.

Review – We undertake a remote evaluation of all elements of your utilities and telecommunications procedures. We interact with site managers to resolve service issues, and we contact your service providers if there appear to be billing problems.

Recommendation – We provide your customized solutions after assessing your services. We may be able to bargain your contracts or offer other, less costly service providers. We will execute the ideas on your behalf only after you have given us your complete permission.

This approach is designed to identify every possible savings opportunity accessible to you to cut and remove costly or excessive utility and telecom services.

There are hundreds of utility audits out there, but we all have the same goal: to save our clients money on utility and telecom costs. Specific methods may change from auditor to auditor; therefore, the audit process described below may not accurately represent the methodology of every auditor.

How Can Applied Utility Auditors Help Your Business?

If you are looking for a utility audit in New Jersey, we are the right choice for you.

We begin our utility audit procedure by gathering all of the papers required to examine your utilities. First, we require a year’s worth of utility bills, including electric, gas, water, and sewage. It may feel like a long time, but it is vital. Looking at the last 12 months of data provides us with the background we need to determine your current bench line expenses.

We may usually begin with only the most recent invoice copy for each account and then obtain previous invoice copies from your utility vendor’s online billing site. Most businesses can provide us with invoices or log-in credentials within a few hours.

Once we have all of the relevant documents, we compare the energy use figure to the current meter reading. If there is a mismatch between these figures, it would be the first sign that anything is wrong. We seek billing mistakes. Looking into the last year’s spending trends reveals a lot more about price variation.

After reviewing the documents, we may take a step back and assess rate structures, patterns, and tax exemptions. Many businesses have unproductive rate structures, and you may be unaware that alternative rate structures are accessible to you. Therefore, we examine all options available to you to help you stop overspending.

Our utility audits identify the areas where you’re overpaying and the remedies you’ll need to cut back. In addition, we give you extra savings potential after reviewing all of your utility and telephone bills.

AT&T cyber security for CPA’s

This  is  a follow up letter from our channel  partner AT&T to one of our CPA clients in N.J.

AT&T is one  of our seventy-five partners providing Cyber security,  Cloud, IT, VoIP, bandwidth and more to CPA’s, professionals  and businesses in  the USA.

This is just one example of   what we provide, with  our 35 years of consulting services, as channel partners and  agents with our  vendors. There is  never a  fee to you the  end user.

Hi Joe,

Great speaking with you. We have an exceptionally large portfolio of cybersecurity services. Attached are a few product briefs. I think  we have an opportunity to start with some quick value with  our consulting services, then grow as we continue to partner with some of our other solutions.

The below services are the ones we discussed at length, they will skyrocket your visibility and ongoing security maturity and at a great price point.

Please let me know if you have any questions and how you would like to carry this conversation forward.

AT&T Managed service powered by Qualys (MVP-Qualys): 500 assets $10,000 annual.

Unlimited Vulnerability / CIS Compliance Scanning, Continuous Monitoring, Threat Protection, Unlimited Passive / Active Scan Engines, Unlimited Host Agents, Unlimited PCI-ASV Scans

Qualys (MVP-Qualys) Patch Management Add-On: 300 assets $4,800 annual.

Patch Management – This is an optional add-on to the vulnerability scanning component above and leverages the host agents to provide patching on Windows assets

External Penetration Testing: <32 IPs $4,500 NRC, optional retest $2,000

Penetration testing seeks to exploit the vulnerabilities identified to gain access to critical systems, sensitive information, or a specified trophy. This assessment will be conducted from an external perspective.

Internal Penetration Testing: <32 IPs $5,500 NRC, optional retest $2,000

Penetration testing seeks to exploit the vulnerabilities identified to gain access to critical systems, sensitive information, or a specified trophy. This assessment will be conducted from an internal persp

 

Keeping The Information You Give Vendors Safe

Will your information be safe with our vendors?

Several of our 100+ vendors/carriers offer cloud-based services such as VoIP telecom and TEAMS from Microsoft and Cisco. Several of these top-level vendors announced that they also earned the System and Organization Controls (SOC) 2 Type II certification that covers all their facilities, business processes, and cloud services. The SOC 2 Type II audit and certification, conducted by  The Moore Group, LLC, an independent CPA firm, confirms that this vendor and others, meet the strict information security and privacy standards for the handling of highly sensitive customer data established by the American Institute of Certified Public Accountants (AICPA).

Two of our vendors Evolveip and Ancero just announced they are once again certified. Call us for more information 888.208.0020 or email [email-subscribers-form id=”2″]

Ancero is proud to announce the renewal of the System and Organization Controls (SOC) 2 Type II certification, which applies to all Ancero facilities, business processes, and cloud services. SOC 2 Type II certification validates Ancero’s compliance with strict data security and privacy standards established by the American Institute of Certified Public Accountants (AICPA). SOC […]

The post Why Ancero’s SOC 2 Type II Certification Has Never Been More Important appeared first on Ancero.

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