Utility

Utility

Utility Bill Auditing

Utility Bill Auditing

Utility Budgeting

Utility Budgeting

Utility Account Management

Utility Account Management

Bill Payment Services

Bill Payment Services

Energy procurement

Energy Procurement and contract management

Vendor Contract Management

Vendor Contract Management

Utility

Since the inception of the Eric Ryan Corporation (ERC) in 1990, the company has grown into a nationally recognized utility auditing firm specializing in cost reduction through bill analysis, establishing usage trends, energy procurement, utility rate reviews, and energy consulting. ERC has delivered millions of dollars in savings to customers in virtually every industry. As one of the fastest growing auditing companies in the country, ERC specializes in utility auditing and analysis to provide customers with cost savings on electric, gas, water, and sewer bills. ERC’s EnergyCAP web-based energy management software empowers our clients to accurately measure and manage energy use and expense at multiple facilities, making energy one of the most controllable operating expenses (please see a demo video of EnergyCAP at the bottom of this page). ERC can help you take advantage of lower rates or incentives offered by the utility companies. Our staff is trained to detect billing errors and are up to date on new tariffs affecting your rates. ERC seeks to form partnerships with its customers by continually being accessible and responsive. Find out how ERC can develop a customized program to meet your company’s needs.
Utility Budgeting2

Utility Bill Auditing

What Are Your Options for Utility Bill Management? The first option ERC offers is to change the mailing address of your utility bills to come directly to us prior to the bills being paid. We then audit the bills and forward them onto the client for payment. The second option we offer is for the client to send us the utility bills after payment has been made. Bills can be mailed, faxed, emailed, or dropped into an FTP site. The bill approvals are sent to you within 48 hours of receiving the invoice in house, however most invoices are processed within 24 hours.

The Process:

  • Your accounts are assigned an account manager and a team of senior auditors that will manage the accounts and audit each bill.
  • All utility bills are entered into our Energy Management Software that is always available to the client and offers hundreds of different reports.
  • If any errors are found, we will work directly with the utility company to correct the issue and request a credit on your behalf.
  • The ERC Account Manager monitors all your contracts and informs you of savings opportunities when contracts expire.

Utility Budgeting

ERC’s utility budgeting service combines expert insight with the experience necessary to develop energy and utility budgets that cut operational costs. ERC makes it simple for businesses to take advantage of a multitude of opportunities available in an ever-changing energy market. ERC’s energy budget development process leverages our client’s billing history and combines it with ERC’s knowledge of rate change history, market trends, and professional relationships with reputable utility services providers to capture savings. The result is a customized utility budget that accurately projects the usage and spend for each facility operated by their clients.

Utility Account Management1
Utility Budgeting2

Utility Account Management

What Are Your Options for Utility Bill Management? The first option ERC offers is to change the mailing address of your utility bills to come directly to us prior to the bills being paid. We then audit the bills and forward them onto the client for payment. The second option we offer is for the client to send us the utility bills after payment has been made. Bills can be mailed, faxed, emailed, or dropped into an FTP site. The bill approvals are sent to you within 48 hours of receiving the invoice in house, however most invoices are processed within 24 hours.

The Process:

  • Your accounts are assigned an account manager and a team of senior auditors that will manage the accounts and audit each bill.
  • All utility bills are entered into our Energy Management Software that is always available to the client and offers hundreds of different reports.
  • If any errors are found, we will work directly with the utility company to correct the issue and request a credit on your behalf.
  • The ERC Account Manager monitors all your contracts and informs you of savings opportunities when contracts expire.

Bill Payment Services

ERC partners with the company to provide services for utility and telecom bill payments. The current process is not changed in a client’s AP, AR, accounting, or the impact of a cash management policy or timing. Transparency is provided to the function of the CFO, Treasury, and the account team. The bill payment services reduce costs, reduce risk, greatly improve all aspects of utility and telecom bill payments.

Bill Payment Services1
Energy Procurement and contract management1

Energy Procurement and contract management

ERC will utilize a competitive bidding process for the client’s natural gas and electric commodity needs in deregulated markets to ensure that the client is receiving the most beneficial pricing available at the time of the bid. Upon award of supplier to service the account, ERC will implement the change and monitor the billings to guarantee the contracted price is being billed accurately. At the onset of the process, our Procurement Supervisor will discuss the risk tolerance of the client with the purpose of attaining the best product to accommodate the client’s budget. As an ongoing service to our clients, ERC takes a proactive approach by monitoring the current market trends and makes recommendations for continued savings prior to contract expiration.

Vendor Contract Management and Storage

ERC provides vendor contract storage and management. ERC stores any contract a company may have with a vendor with access to a client to view on-line their contract inventory. When a contract come close to expiration or renewal, notifications are sent to the client to acquire a new contract.

Bill Payment Services1