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BMS Controls Glossary

Utility Billing Management

Utility Billing Management: The process of managing the tracking, analysis, and payment of utility bills such as electricity, water, gas, and internet. This practice often involves a technology platform that helps organizations keep an eye on their utility billing costs in order to ensure cost savings and good budgeting practices. With efficient utility billing management, companies can reduce unnecessary time spent in dealing with multiple service providers and make better decisions when it comes to optimizing their use of utilities.