All Utilities

Make sense of, and reconcile your utilities information - including electricity, water and gas - comparing usage against billing and your agreed tariffs. Create user actions to drive cost down through trends and accurate forecasting.

Fringe can provide you with a multi-layered view all types of utility information, including -
  • Metered sites and associated billing from monthly read and estimates
  • Unmetered sites and associated tariffs with set fixtures determined by the network
  • Time of use, half-hour billed sites and associated billing splits
  • Site-specific information
  • Smart metre information
  • Natural gas, water, and sewage usage and information.

Spend that isn’t "under management" is difficult to analyze because information is scattered throughout the organization, in very different formats and varying levels of quality.
The average organization has only 55-60% of its spend under management, while best-in-class performers manage close to 85%. If a business can achieve 5-10% savings on spend under management, an increase from 55% to 75% can generate an additional 1-2% of savings — and put procurement on a path to exceed typical annual savings in the range of 7-10%.