Utility Expense Management
Take control of utility spending across your entire portfolio. Nectar centralizes all utility bills, tracks every line item, and surfaces cost-saving opportunities—from late fee elimination to rate optimization—so you can reduce expenses without sacrificing visibility.
Challenge
Utility costs are spread across hundreds of accounts with no central visibility.
Solution
Nectar aggregates bills from every provider into a single dashboard, giving finance teams a complete picture of utility spend by site, region, or commodity.
Challenge
Late fees and billing errors erode budgets without anyone noticing.
Solution
Automatic bill auditing flags overcharges and late penalties. Track interest, taxes, and fees at the line-item level across your portfolio.
Challenge
Budget forecasts are unreliable without complete, timely utility cost data.
Solution
Nectar provides real-time spend data with rate trend analysis, so finance teams can build accurate forecasts and catch variances early.
Powerful features for every team
Nectar is a unified platform with features for every use case across finance, operations, and sustainability.
Data collection for sustainability
Reach 100% data completeness with ongoing monitoring and automations
Automated data collectionData completenessAudit trailCarbon accounting and reporting integrations
Facility benchmarks, Energystar reports
Compare and benchmark facilities. Report to Energystar
Benchmark facilities by usage or costEnergy Star Portfolio Manager and reporting requirements
Utility bill audits, bill reconciliation
Audit bills for errors. Avoid late fees. Automate payments.
Interest and tax charge analysisUtility bill paymentsUtility bill audits
Rate optimizations, cost savings
Analyze utility tariffs. Optimize usage patterns. Unlock savings.
Budgeting, forecasts, and planningRate and energy tariff optimizations, cost savingsLoved by customers in every industry
Customer StoriesVontier's ESG and sustainability team automates utility data collection globally
Vontier implemented Nectar across 20+ locations in 5 continents to automate data collection into their ESG platform. Learn more about how Nectar provides more accurate data and visibility into metrics.
“Nectar has transformed how we manage sustainability data. It's reduced human errors, missing data sources, delays from manual data entry, and confusion regarding unit conversions.”
Nate Streed
Senior Director of ESG, Vontier Corporation
Stanwich Energy Boosts Client Value with Nectar's Utility Data Solution
Stanwich Energy announces a new partnership with Nectar to enhance the customer experience through advanced, AI-powered utility data services.
“Partnering with Nectar's AI-driven platform has been groundbreaking, allowing us to tackle changes faster and skip the outdated, painful integration required by other solutions. Having the right information is the first step, and Nectar is exactly what we have been looking for to make that happen.”
Matt Shaw
Managing Director, Stanwich Energy
Nancy Summe
Sustainability Manager, Vontier Corporation
“It's becoming clear that automation is a game changer—providing more accurate data, greater auditability in metrics and reporting, and saving time across a global team.”
Lexi Passmore
Senior Manager Sustainability, Swire Coca Cola
“Having access to organized, centralized utility data through Nectar has made sustainability data management significantly easier. The ability to quickly retrieve supporting documents ensures the highest level of accuracy in our reporting.”
Jeremy Pike
Sustainability Leader, Idaho Milk Products
“Thanks to Nectar's innovative solution, we can accurately assess our environmental impact, becoming a pioneer in sustainability among our peers.”
Jonathan R.
Sustainability Director, Thomas Foods Int., USA
“Using Nectar has significantly streamlined the process of gathering and analyzing our utility data. The platform just works!”
John O'Connell
CEO and Founder, Stanwich Energy
“Nectar enables faster insights, smarter forecasting, and more accurate budget tracking. It also strengthens our ability to deliver on key sustainability goals by providing real-time visibility into usage and emissions.”
Matt Greening
Founder and Director, Nettzero
“Nectar serves as a reliable and cost-effective technology solution to extract, store, and analyse sustainability data leading to enhanced reporting capabilities and streamlined workflows.”
Ready to get started with Nectar?
Try your utility bill on our live demo or get in touch
Learn more about Nectar
How hard can data collection get? What has worked for companies? We've got it all covered.
How Vontier automated utility data collection across 5 continents
Vontier implemented Nectar across 20+ locations in 5 continents to automate data collection into their ESG platform. Learn more about how Nectar provided more accurate data and greater audibility in metrics.
Read more
Carbon accounting requires accurate utility data collection
Carbon accounting has 3 steps: data collection, emissions calculation, and data reporting. Error rates of 10% in data collection compound into worse error in the CDP report. Garbage in, garbage out.
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Nettzero partners with Nectar to simplify sustainability reporting
Nettzero, an Australian sustainability consultancy, chose Nectar to partner with for sustainability reporting. Learn more about the challenges Nectar solves.
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