Conservice Synergy

Conservice Synergy is a utility expense management software designed to streamline and optimize the management of utility expenses for various industries and professions. This solution is aimed at property management companies, real estate developers, multifamily housing providers, commercial property owners, and student housing providers. According to the vendor, Synergy allows organizations to effectively track, analyze, budget, and pay utility expenses while gaining insights and making informed decisions.

Key Features

Expense Management Solutions: Conservice Synergy offers a suite of tools to track, analyze, budget, and promptly pay utility expenses. The vendor claims that their proprietary software platform, Synergy, ensures accuracy, resolves errors, and provides valuable insights into utility expenses.

Cost Optimization: Conservice Synergy aims to help organizations minimize costs by ensuring accurate payments and avoiding overcharges, late fees, and missed savings opportunities.

Informed Decision-Making: According to the vendor, Conservice Synergy provides a comprehensive understanding of utility expenses, enabling businesses to make better-informed decisions. This includes better budget planning and the ability to take energy-saving actions based on real-time expense and usage alerts.

Administrative Offloading: Conservice Synergy aims to take on the administrative tasks of utility expense management, allowing businesses to allocate their time and resources to more productive work.

Increased Visibility: Conservice Synergy aims to provide businesses with increased visibility into their utility usage, savings opportunities, sustainability efforts, and emerging trends. The vendor claims that this visibility helps organizations identify areas for improvement and make data-driven decisions.

End-to-End Capabilities: According to the vendor, Conservice Synergy handles the entire utility expense management process, including obtaining and processing invoices, auditing, and payment. Optional services such as additional auditing, analytics, and customization are also available.

Real-Time Expense and Usage Alerts: Conservice Synergy claims to provide businesses with real-time alerts regarding their utility expenses and usage, allowing for proactive cost management and prompt issue resolution.

Online Reporting: Conservice Synergy offers online reporting capabilities, allowing businesses to conveniently access and analyze their utility expense data. The vendor states that this feature enables businesses to generate customized reports tailored to their specific requirements.

Vacant Identification and Recovery: Conservice Synergy includes a feature that identifies vacant units and helps recover any associated utility expenses. This feature aims to help businesses optimize their utility spending and reduce unnecessary costs.

Online Budgeting Tool: Conservice Synergy provides an online budgeting tool that allows businesses to create and manage budgets for their utility expenses. According to the vendor, this feature provides a clear overview of projected costs and helps businesses stay on track with their financial goals.