The accurate and timely tracking of energy information from energy bills is the key to monitoring and managing energy consumption. This data is required to better understand energy usage and to more effectively implement energy efficiency goals and is becoming increasingly strategic to the overall enterprise.
Intelligent Capture for Energy Management™ powered by Tungsten TotalAgility minimizes the manual steps involved with receiving, reviewing, classifying, data entering, and validating, resulting in a minimum of 50% reduction in the overall front-end processing effort of bills.
Utilizing cutting-edge OCR technology and industry best practices, ICEM streamlines the utility bill validation process and provides you with clear and actionable insights into your energy costs. With ICEM, you can focus on reducing costs and improving energy efficiency, leaving the tedious task of bill processing to us.
Energy bill processing for our EMS was a manual one, and therefore very time consuming and labor intensive. The savings to date are a combination of early identification of billing errors, cost avoidance (late charges/fees related to bills being paid delayed), and the resulting savings achieved through more efficient energy procurement strategies from actual consumption analysis.
Large Municipality
ICEM Features:
- Automated Capture: ICEM enables the automated download and ingestion of utility bills directly from utility vendor websites using intelligent software robots.
- Intelligent Transformation: ICEM has the ability to automatically extract data from utility bills using intelligent OCR technology.
- Bill Validation: The solution validates the accuracy and consistency of the data extracted from the bills and flags any discrepancies for further review.
- Energy Cost Management: The solution enables the accurate capture of energy costs and allows users to monitor, manage and reduce energy costs.
- Reporting and Analytics: The solution generates insightful reports and analytics that help users understand their energy usage patterns and to identify areas for cost reduction.
- Integration with EMS, ERP, DMS and Other Systems: ICEM is able to integrate with other enterprise systems to ensure that the data captured is used in a meaningful and impactful way.
