Utility Invoice Management
SOLV Source

Streamline UtilityInvoice Management

Automate the entire utility bill lifecycle—from receipt and data capture to validation, payment, and reporting. Reduce costs, eliminate errors, and gain complete visibility into your utility spend.

$2.1B+
Spend Under Management
500K+
Invoices Processed
18-20%
Error Detection Rate
99.8%
Payment Accuracy

Integrated Partners

Seamlessly connect with industry-leading AP systems and major utility providers

SAP
Oracle
NetSuite
Coupa
Workday
Microsoft Dynamics
Sage Intacct
QuickBooks
SAP
Oracle
NetSuite
Coupa
Workday
Microsoft Dynamics
Sage Intacct
QuickBooks
SAP
Oracle
NetSuite
Coupa
Workday
Microsoft Dynamics
Sage Intacct
QuickBooks
Duke Energy
PG&E
Con Edison
Dominion Energy
Xcel Energy
National Grid
Southern Company
AEP
Duke Energy
PG&E
Con Edison
Dominion Energy
Xcel Energy
National Grid
Southern Company
AEP
Duke Energy
PG&E
Con Edison
Dominion Energy
Xcel Energy
National Grid
Southern Company
AEP
Our Process

A proven process that delivers results

Our streamlined process takes the complexity out of utility invoice management so your team can focus on what matters most.

01

Invoice Retrieval

We receive invoices directly from vendors, eliminating the need for your team to collect bills from multiple sources. Paper, electronic, or portal access—we handle it all.

02

Data Capture

Our AI-powered OCR and data extraction technology accurately captures all relevant data from utility bills—regardless of vendor format or complexity.

03

Automated Auditing

Comprehensive validation catches billing errors, rate discrepancies, and optimization opportunities—identifying 18-20% of bills with errors for review and correction.

04

Invoice Consolidation

We normalize data from thousands of vendor formats into a single, consistent structure—making analysis and reporting straightforward across your entire portfolio.

05

Streamlined Payment

Automated approval workflows and seamless AP integration ensure timely, accurate payments—eliminating late fees and service interruptions.

Is your AP teamdrowning in utility invoices?

For multi-site organizations, managing thousands of complex bills from hundreds of vendors isn't just overwhelming—it costs money. Late fees, billing errors, improper meter reads, and missed rate optimization opportunities silently drain the budget every month.

Meanwhile, teams lack the specialized knowledge to audit utility bills effectively, leaving potential savings unclaimed. But with the right tools, your data becomes your greatest advantage.

18-20% of bills contain errors
Thousands of vendor formats
Manual entry prone to mistakes
Billing Errors
Hidden overcharges
Late Fees
Missed deadlines
Manual Processes
Wasted resources
Why Choose Source

Transform your utility expense management

Cost Savings

Identify billing errors, rate optimization opportunities, and recover overcharges to reduce utility spend by up to 15%.

Time Savings

Free your AP team from manual data entry, tracking down bills, and chasing errors—focus on strategic initiatives instead.

Complete Visibility

Gain real-time insights into utility spend, consumption patterns, and anomalies across your entire portfolio in one dashboard.

Compliance & ESG

Standardized, defensible data for sustainability reporting, carbon tracking, and regulatory compliance across all sites.

Comparison

How we compare

Features
In-House
Bill Pay Services
SOLV Source
Bill Payment
Consolidated Reporting
Limited
Basic
Comprehensive
Error Identification
Manual
Limited
Automated + Expert Review
Rate Optimization
Dispute Resolution
Manual
Limited
Full-Service
System Integration
N/A
Limited
Extensive
Energy Expertise
All Utility Types

One platform for all your utilities

From electricity and natural gas to water, waste, and telecom—we handle invoice processing for over 150 types of utility and facility-related expenses.

Electricity

Electric energy bill data capture for consumption and spend visibility

Natural Gas

Gas consumption and spend data for payment and sustainability analysis

Water

Water bill data from different utilities normalized for easy analysis

Telecom

Internet, cable, and telephone bill data management for spend analysis

Sewage

Sewage bill data collection for payment and environmental analysis

Waste

Waste data collection for utility spend analysis and impact reporting

150+
Types of Payables
40K+
Vendor Relationships
100+
Years of Excellence
Get Started

Ready to take control of your utility expenses?

Book a demo and see how SOLV Source can transform your utility invoice management process.