GETCHOICE! Achieves Milestone in Utility Management
GETCHOICE!, a prominent provider of end-to-end utility bill payment solutions and energy management services for multi-site enterprises, has achieved a remarkable milestone by surpassing $5 billion in annual utility spend managed on behalf of its clients. This achievement highlights the growing trend among organizations to centralize their utility billing and financial operations.
Extensive Utility Management
The company is now responsible for managing utility payments for over 150,000 meters across the nation. This includes a wide variety of services like electricity, natural gas, water, and telecom. To date, GETCHOICE! has processed more than three million utility invoices and has overseen an impressive $14 billion in utility expenditure through its proprietary platform known as GET: Smart Management Technology.
Understanding Utility Billing Needs
Organizations with extensive and geographically diverse portfolios often require a centralized system to handle utility data efficiently. Utility billing can be complicated due to the involvement of multiple providers, complex rate structures, and varying invoice formats. The GET: Smart Management Technology platform streamlines this process by integrating utility invoice processing, approval workflows, and payment execution in one secure environment.
Simplifying Payments for Enterprises
Kiki Dikmen, CEO of GETCHOICE!, stated, "Utility spend represents one of the largest recurring costs for organizations with multiple locations; however, paying these bills is frequently a decentralized and risky operation." Dikmen emphasized that their growth signifies a noteworthy shift towards centralized utility bill payment solutions, granting organizations assurance that each invoice is scrutinized and every payment is processed accurately, alongside providing leadership with real-time visibility into spending across the entire portfolio.
Looking Towards the Future
As GETCHOICE! continues to invest in technology and improve its payment infrastructure, the demand for outsourced utility bill payment solutions is expected to rise. Organizations are increasingly seeking consistent operational strategies aimed at reducing financial risk and enhancing cost-effectiveness.
GETCHOICE! – Enhancing Utility Management
GETCHOICE! specializes in energy and utility bill management and payment processes, offering strategic procurement support, risk management tools, and advanced reporting features through its GET: Smart Management Technology. This innovative approach aids organizations in monitoring spending patterns, identifying significant trends, and advancing their sustainability objectives across large, multi-site portfolios. By refining utility management systems, GETCHOICE! empowers finance and facilities teams to make better-informed decisions that enhance both fiscal efficiency and environmental performance.
Frequently Asked Questions
What services does GETCHOICE! provide?
GETCHOICE! offers utility bill management, payment solutions, strategic procurement, risk management, and advanced reporting tools through its proprietary platform.
What milestone did GETCHOICE! recently achieve?
GETCHOICE! announced it has surpassed $5 billion in annual utility spending managed on behalf of its clients.
How many meters does GETCHOICE! manage?
The company currently manages utility payments for over 150,000 meters nationwide.
What is the GET: Smart Management Technology platform?
This platform streamlines utility invoice processing, validation, approval, and payment execution within a secure framework.
Why is centralizing utility payment processes beneficial?
Centralization helps organizations reduce risks, ensure invoice accuracy, and provide real-time visibility into spending across their portfolio.
