Late Fees and Tax Charges
Easily track, classify, and analyze every late fee and tax charge on your utility bills with Nectar. Stay compliant, reduce costs, and never overpay—our automated platform handles payments, disputes, and tax exemptions for you.
Challenge
Interest and tax charges are difficult to track across bills.
Solution
Nectar automatically identifies and tracks all interest payments and tax-related line items, so nothing slips through the cracks and AP teams get greater visibility.
Challenge
No easy way to categorize utility costs by type.
Solution
Nectar classifies every line item—tax, supply, delivery, and more—so you can analyze spend and optimize savings.
Challenge
Late fees and tax overpayments cost money and time.
Solution
Nectar manages payments and disputes, ensuring timely payments and securing tax exemptions for eligible accounts.
Save costs on late fees and taxes
With Nectar's advanced cost analytics, help AP teams never miss a bill again, or use Nectar's bill payment services to never be charges a late fee again. Tax-exempt organizations can view how much taxes is paid and dispute costs.
Late Fees and Penalty Tracking
Nectar tracks all interest charges across your utility bills, allowing you to spot late fees quickly and take action to prevent future unnecessary costs.
Automated Line Item Classification
Each utility bill is parsed by Nectar’s system and every charge is classified—whether it’s a tax, supply, delivery, or other fee. This detailed breakdown allows you to pinpoint exactly where your money is going and spot errors.
Aggregate Cost & Tax Analysis
Compare tax and interest charges across locations in one dashboard, so you can target cost-saving opportunities and eliminate recurring fees.
Nonprofit Tax Exemption Tracking
Nectar flags tax charges on nonprofit accounts, ensuring exemptions are applied and helping you recover or avoid unnecessary tax payments.
Utility Bill Payment & Dispute Services
Nectar manages the entire bill payment process, ensuring every invoice is paid on time to eliminate late fees. In addition, Nectar proactively disputes inaccurate interest or tax charges, so you never pay more than you owe and save valuable administrative time.
Ready to get started with Nectar?
Try your utility bill on our live demo or get in touch
Learn more about Nectar
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