The Conservice Difference
Our utility expense management software does more than just pay bills on time. Powered by our proprietary software platform, Synergy, our expense management solution also ensures accuracy, resolves errors, identifies trends, delivers insights, provides budgeting tools, and much more.
$20,555,264,750
Paid to providers
The Benefits
With Synergy You Can:
Keep costs to a minimum
Overcharges, late fees, and missed savings opportunities can drive up costs unnecessarily. With Conservice on the case, you’re assured of paying only what you truly owe and not a penny more.
Make better-informed decisions
We give you a deeper, more comprehensive understanding of your utility expenses so you can better plan your budget and take actions to save energy and money.
Offload unproductive tasks
The administrative chores of utility expense management software can consume lots of precious time and resources. We take on all of those tasks, from chasing down missing invoices to vacant recovery, so your team can focus on more productive work.
Gain increased visibility
No matter how big your portfolio of properties is, we enable you to spot and keep tabs on utility usage, savings opportunities, sustainability efforts, and emerging trends at all times.
By The Numbers
Turn Hidden Utility Costs
Into Recovered Revenue
Missed billing during move-ins, move-outs, and vacancy periods quietly drains NOI. Conservice identifies and recovers those hidden utility costs so you’re not absorbing charges that should be billed.
See how much multifamily portfolios are recovering in hidden utility costs state by state with our interactive map*:
Click on a state to uncover possible savings
Capabilities
Obtain, Process, Audit, & Pay
With Synergy, we obtain, process, audit, and pay all of your provider invoices. Optional services deliver incremental value through additional auditing, analytics, and customization. Here’s what’s included with Synergy:
- Utility invoice retrieval
- Missing utility invoice retrieval
- 99.5% processing accuracy rate
- 120% no late fee guarantee
- No disconnects
- Real-time expense and usage alerts
Enhanced Options
Get More Out Of Synergy
Energy Analytics
- Benchmarking compliance support
- Generate reports for government and lender green loans
- Upload to ENERGY STAR Portfolio Manager
- Track capital improvements
Rate & Tax Auditing
- Identify sales tax-exempt utility accounts
- Reduce tax bills by up to 6%
- Get guaranteed best error-free rates available
- Review rate and tariff schedules
- Rates monitored on an annual basis
Custom Budgeting
- Obtain accurate, custom utility budgets
- Receive rate change forecasts
- Get spend alerts and updates
- Benefit from future expense plans
Waste Management
- Secure the best waste hauling rates
- Identify waste inefficiencies
- Get cost-saving recommendations
- Waste contracts digitally stored and managed
Owner Conversion
- Update name and Tax ID with provider for new acquisitions
- Completion of provider applications
- Gather utility deposit requirements
New Construction Development
- Utility expense management during construction and through the transition to operations
- Fast and seamless account transitions after turns
- Money-saving recommendations
Sustainability & Compliance
- Sustainability Solutions (S2): Measure, benchmark, and leverage your portfolio’s sustainability data
- Waste Management: Hand off waste-related operations, leverage cost-saving recommendations, and secure the best waste hauling rates for your business.
- Building Performance Standards (BPS): Stay ahead of emerging regulations, visualize your portfolio’s exposure, and build a plan to remain in compliance.
- Energy Procurement: Achieve cheaper utility rates, lower fees, and enjoy proactive energy rate auditing in deregulated markets.
Markets We Serve
Whatever community you manage or property you own, our utility management experts can save you time, money, and resources.
Experience Effortless Utility Management and Cost Savings
Connect with us today to discover how our solutions can ease tenant billback, streamline utility management, and reduce your costs and energy usage. Make your utility management smarter and more efficient with Conservice!