Success Story - "Energy Invoice Review and
ePayment"
|
Company Description
|
$400
Million Movie Theatre Chain |
Company Situation
and Problem |
The client was manually
paying all utility invoices and as a result was being assessed with late fees
almost every month. Also, due to the burdensome tactical processes of
keeping up with invoice payment, they had no visibility on which tariffs,
rates or pricing schedules they were being billed.
|
| Paladin Actions & Recommendations |
An electronic billing
processing and payment service was recommended that completely automated the
entire process. A thorough utility analysis uncovered that in many cases
theatres served by the same utility companies were being charged different
rates. Several billing errors, were also discovered and corrected.
|
| Client Results |
|
= |
An efficient, automated
bill processing and payment system. |
|
= |
Erroneous billing errors and refunds of 10% |
|
= |
Future savings from rate changes of 24% |
| |
Improved Billing Processes
Saved Nearly 25% |
|
