Tenant billing system is a modern software module that enables facility management teams, building owners and tenants in multi-tenant establishments configure ways to optimize energy consumption levels, monitor utility bills and streamline the entire billing process. The software is designed to automate the billing process for fixed charges like electricity & maintenance, common area apportioned charges, tenant specific ad-hoc charges with 100% accuracy and transparency.
As a normal practice, tenant billback is done through manual reading and annotating the data from each submeter. This involves collating information from submeters, entering manually on the spreadsheets, generating individualized bills, based on the reading, and dropping off the bills on the mail, or deliver physical bills. However, this method is time-consuming, archaic and prone to manual errors, miscalculations, or errors in entry. Besides, individual businesses and tenants may have to deal with inaccurate bills, overpayment, and charges and surcharges under improper heads.
What if commercial establishments and businesses had option to automate their utility billing process, have transparency over power consumption habits and cut significant costs on a month-on-month basis? Tenant Billing System does just that.
This end-to-end platform streamlines energy consumption trends of individual tenants in a multi-tenant establishment such as malls, hotels, commercial buildings, office work spaces. From recording the power consumption on a real-time basis to monitoring the efficiency, this software module with building automation software, is perhaps the single most solution to measure, record and reduce energy consumption for businesses.
Messung Tenant billing system is a seamless platform on an open, flexible and easy to operate platform that fits easily into the existing Niagara system. The features are easy to configure that automates the billing processes allowing users to raise bills automatically for utilities, and/or after-hours energy usage.
Smarter Data. Efficient and Transparent Billing
Tenant billing solution uses IP to automatically and remotely access the data and consumption patterns, expedite the billing process and attain timely payoffs. Designed to meet the specific needs of organizations, this flexible and reliable solution seamlessly integrates with your energy management ecosystem, delivering effective measurement and efficient bill calculation.
As Mr. Farook Merchant puts it, “The software can integrate with the BAS/BMS, smart meters and IoT meters to capture user data and implement time-based charges. Tenant billing system makes it easier to accurately and efficiently apportion utility costs between tenants, departments delivering transparent and accountable billing”.
Automation of billing allows building owners to move to a sustainable solution by billing tenants for power usage, explain the charges and ensure everything is financially accurate. The entire billing system functions on the following lines. The process includes 1. Checking in the point of entry, 2. Capturing data of the meters for audit support 3. Enter value and verification 4. Automatic data transfer for bill generation
About Messung Group
Messung provides the entire range of integrated Building Management System for all kinds of buildings and commercial establishments like hospitals, shopping malls, IT and industrial establishments, corporate buildings and power stations. Our open solutions provide a sustainable foundation that evolves with building system lifecycle, helping users achieve over 30% savings in energy, while maximizing occupant comfort and productivity.
Our recent introduction, the Tenant Billing software provides solutions to effectively monitor, control and streamline the power consumption trends for multi-tenant establishments. Our cloud-based platform adapts to every business model and price structure, thereby offering reliability and flexibility in operations.
To know more, visit: https://www.messung.com/building-automation-and-controls.php