Issue link: https://resources.tangoanalytics.com/i/1522477
LITIGATION Sustainability & Energy Management Simplified Identification of Billing Issues By providing utility bill management and validation, a platform like WatchWire by Tango can identify billing errors and deliver savings. One of the most common billing errors WatchWire by Tango encounters is invoices with the wrong monthly kWh consumption. Utility companies are not perfect, and mistakes do happen. An EMS can analyze and evaluate usage, demand, rate schedule appropriateness, and other values that accounting systems cannot. This results in a deeper level of checking to ensure bills are accurate before they are paid. elimination of utility bill late fees and other invoice payment issues, proper handling of canceled bills and rebills, and precise accounting of deregulated accounts. Through WatchWire by Tango's invoice management audit process, those invoice payment issues are flagged and the client is notified. Measurement and Verification When investing in new equipment or a new operational strategy for your business, it is imperative to measure & verify your savings. Measurement and verification is the process of quantifying the energy and cost savings resulting from ECMs, which can include new equipment (e.g. high-efficiency chillers, LED lights, low flow toilets, etc.), operational changes (e.g. temperature set points, night ventilation, pre- cooling, etc.), controls (energy management systems, automated temperature adjustments, etc.), and other energy saving projects. An EMS platform should facilitate the detailed tracking of energy-saving measures, allowing organizations to establish consumption baselines and verify real-time energy savings against expected benchmarks. Capital-Intensive Projects & Predictive Maintenance Investments in large-scale energy-saving projects like lighting retrofits and HVAC upgrades are critical for achieving long-term energy savings and enhancing the resilience of business operations. An EMS and sustainability software like WatchWire by Tango supports these initiatives by: Benchmarking and Transparency: Helping organizations identify underperforming facilities and pinpointing areas for improvement, which facilitates targeted energy-saving interventions. Predictive Maintenance: An energy management software can improve individual asset management within facilities. By continuously monitoring energy and utility data, WatchWire by Tango helps extend the lifespan of a building's infrastructure. Predictive maintenance, informed by data analytics, can foresee potential breakdowns before they occur, reducing repair costs and downtime. This proactive approach enhances asset value and performance over time.