4 Ways Automating the Processing of Utility Bills Reduces Cost and Spending

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WF_504808_IOFM19_Goby_whitepaper_Mockup_HR.jpg.medium.800x800.jpegBusinesses historically haven’t paid much attention to the way that they process utility bills. Utility bill processing was perceived as a sunk cost and energy costs were uncontrollable.

But as more businesses look to reduce costly manual processes from their operations, more tightly manage spending, and become energy efficient, utility bill processing is going under the microscope.

When most businesses examine their utility bill processing, they find:

  • Long approval cycles
  • A high percentage of errors
  • Complexity
  • Onerous reporting

It doesn’t have to be this way. 

IOFM’s latest white paper reveals the unique challenges of processing utility bills, shows how utility bill management solutions address these challenges, and details four ways that businesses can reduce costs and eliminate wasteful spending by automating the way they process utility bills.

If your business wants to reduce spend and optimize consumption, download this white paper sponsored by Goby today.


This white paper is provided free of charge and underwritten by a sponsor. Following your download, you may be contacted by the sponsor with information about their products and services.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AP CertificationPP-OC_seal_APP_outline.FNLReceive 1 CEU towards maintaining any AP and P2P related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

Continuing Education Credits available:

Receive 1 CEU towards IOFM programs:

AR-certFinal-AOCReceive 1 CEU towards maintaining any AR and O2C related program through IOFM! These programs are designed to establish standards for the profession and recognize accounts payable and procure-to-pay professionals who, by possessing related work experience and passing a comprehensive exam, have met stringent requirements for mastering the financial operations body of knowledge.

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