Solutions

Expense Management

Synergy tracks, analyzes, budgets, and pays your utility expenses–on time and hassle free.

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
Keep costs to a minimum

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
Make better-informed decisions

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
Offload unproductive tasks

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
Gain increased visibility

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

2025 Total Vacant Recovery Savings
$
AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY DC
$942
$15,035,613

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
expense-recovery-capabilities

Enhanced Options

Get More Out Of Synergy

expense-management-enhanced-solution-energy-analytics

Energy Analytics

  • Benchmarking compliance support
  • Generate reports for government and lender green loans
  • Upload to ENERGY STAR Portfolio Manager
  • Track capital improvements
expense-management-enhanced-solution-rate-tax-auditing

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
expense-management-enhanced-solution-custom-budgeting

Custom Budgeting

  • Obtain accurate, custom utility budgets
  • Receive rate change forecasts
  • Get spend alerts and updates
  • Benefit from future expense plans
expense-management-enhanced-solution-waste-management

Waste Management

  • Secure the best waste hauling rates
  • Identify waste inefficiencies
  • Get cost-saving recommendations
  • Waste contracts digitally stored and managed
expense-management-enhanced-solution-owner-conversion

Owner Conversion

  • Update name and Tax ID with provider for new acquisitions
  • Completion of provider applications
  • Gather utility deposit requirements
expense-management-enhanced-solution-new-construction-development

New Construction Development

  • Utility expense management during construction and through the transition to operations
  • Fast and seamless account transitions after turns
  • Money-saving recommendations
expense-management-enhanced-solution-sustainability-compliance

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.

People Who Appreciate Our People

If you don't have the right people, you don't have the trust. And I would say Conservice has the right people. You have experts. You have individuals who are willing to help.

Michelle Betchner Cowan, Greystar

Managing Director, National Client Services

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!