Printer Friendly
The Free Library
14,610,849 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

UtiliSave forms alliance with Klik.com for utility auditing and cost recovery.


UtiliSave, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, an industry leader in utility bill auditing and cost recovery services for commercial, multi-family residential Multi-family residential is a classification of housing where multiple separate housing units are contained within one building. The most common form is an apartment building.

Many intentional communities incorporate multi-family residences, such as in cohousing projects.
 and institutional properties, announces an alliance with the clients of Klik KLIK is an AM radio station in Jefferson City, Missouri. KLIK is owned and operated by Cumulus Media and transmits at 1240 KHz at 1000 watts of power 24 hours a day. .com, LLC, the business-to-business e-commerce network designed for the real estate industry.

UtiliSave will be the exclusive utility bill auditing and cost recovery service available on Klik.com.

Klik.com specializes in automated, Internet-based business processing services for the real estate industry. The Klik.com Date Exchange is a secure, electronic commerce network that enables real state companies to automatically download and post data from a host of traditionally paper-based data sources. with their Internet technology, Klik.com can interface with members' banks, payroll companies and utilities, and import their data and reformat (1) To change the record layout of a file or database.

(2) To initialize a disk over again.
 it to interface with their receivable and payables systems - eliminating the need to submit billing and other financial data on paper.

Members' utility bills will be audited as they are downloaded to their accounts payable systems. UtiliSave will receive data flowing through Klik.com's system for their clients, using it to better understand utility billing rates and consumption, adding to their proprietary analysis system to compare profiles of like properties, and enable their auditors to site and flag any accounts with errors.

"This is all-very exciting," said Michael Steifman, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of UtiliSave. "Information is the key to our successful audit process. Now we will have direct access to the data for the majority of significant real estate utility accounts. This will enable us to find errors sooner and make greater use of our extensive data mining techniques."

Jon Gustave, lead developer of Klik.com, believes that they "are supplying [our] clients with added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:

Added Value = Sales - Purchases - Labour Costs - Capital Costs
. Who wouldn't want to know about errors on their utility bills especially when it doesn't cost them anything out of pocket to recoup recoup

To sell an asset at a price sufficient to recover the original outlay or to offset a previous loss.
?"

The benefits of the alliance should prove themselves quickly, based on UtiliSave' past performance in uncovering billing errors and tariff options.
COPYRIGHT 1999 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Dec 29, 1999
Words:321
Previous Article:New Energy East launches energy information service.(Brief Article)
Next Article:Chinatown boutique is available.
Topics:



Related Articles
C&W teams with Enersave to provide national energy-efficiency services. (Cushman & Wakefield Inc.; Enersave Inc.)
New remittance processing services. (Focus on: Energy, Technology & Conservation)
The power of choice.(energy suppliers)
Utilisave reports billion-kilowatt reserve.(Brief Article)
Who's News -- MANAGEMENT PERSONNEL.(Brief Article)
Utility tax settlement for unmetered services announced.(audit procedures for landlords who provide unmetered electricity to tenants - New York)
PEEVEY TO ADVISE DAVIS.(News)
USIEnergy Inc. (Industry Insider--In the Loop Business News).
Outsourcing management in a soft market.
Skemerkombuis.(Brief Article)(Poem)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles