Automation in all aspects of managing a property adds to efficiency and helps to decrease both the time and the cost of completing repetitive tasks such as preparing water bills, invoicing tenants and arranging payments.
A better option is to use submeters from a trusted utility management company to complete automated meter reading as well as automatic billing and online bill payment. There are several ways in which this level of automation can really make a difference without a large initial investment cost.
Saving Time and Money
As the property owner or manager, using an automated meter reading system and billing plan reduces the need for all of the calculation and management of collections and record keeping. Instead, the utility management company prepares bills and even manages and maintains a secure website for your tenants to pay.
Greater Accuracy
With an automated meter reading system, there is no concern for human error in meter reading or transcribing data. As the smart meters can be flagged if they show readings outside of the normal range, any irregularities or malfunctioning of the meter can be immediately detected, eliminating weeks of use before the problem is discovered.
Online Account Information for Tenants
Through online billing systems, customers can access their accounts at their convenience. This allows them to monitor trends, see changes in usage patterns and even look for areas where water conservation can help them to save money on a monthly basis.
Increased Understanding of Usage by Landlords
Having access to daily reads through automated systems from water utility management services is also helpful to property managers and owners. Understanding patterns in water usage and quickly detecting unusual water usage can help to prevent significant leaks or plumbing issues that can become costly when left undiscovered.