Opportunity: A multi-tenant 1lakh SQFT corporate office facility management team was reliant on manual sub-meter data collection on paper which is then input into excel for allocating utility bills, common area charges, DG charges etc. among its tenants.
Solution: Facillizence – Automated Tenant Billing system along with IoT based Meter data collection system was installedto transform the complete billing cycle from data collection to allocation of costs according to tenants utilization and customized allocation logic.
Results: Tenants have clear understanding of their expenses due to transparency, while facility management team which used to spend close to hundred man hours to go through this process could now complete billing in less than 20 hours while improving billing accuracy.