Facility and Energy Managers
Connect your facilities' utility accounts to Nectar and achieve 100% data completeness. Prioritize sustainability and energy efficiency projects with better data. Export data to Energystar and carbon accounting partners with 1 click.
Challenge
Energy costs are hard to forecast, budget, and optimize.
Solution
Nectar's analytics tools include powerful forecasting and budgeting features. Bill pay and audit services ensure that you're paying for what you actually use, and always paying on time.
Challenge
Utility bills are hard to audit without complete line item and tariff data.
Solution
Nectar automatically checks all your utility bills based on your tariff, rates, and supplier contracts. Bills that are charged incorrectly will be disputed.
Challenge
Data collection for reporting and Energystar is still very manual.
Solution
Nectar's solution includes one-click exports to Energystar and carbon accounting partners. Your data is ready for reports at all times.
How Nectar works
Connect utility accounts to Nectar
Connect your facilities' utility accounts to Nectar for ongoing live updates. Every month, when a new bill appears, Nectar pulls the data into the system automatically. Alternatively, upload PDFs / bill images directly.
Nectar extracts data at 99.2% accuracy
Nectar is the industry leader for utility bill processing, and any errors detected by automatic checks are fixed by our team. Using state of the art AI, Nectar extracts all details from bills, including metered usage, demand usage, and line items.
Analyze your consumption data, derive insights, compare sites
Analyze usage and cost data from utility bills across all facilities. Compare efficiency of buildings and hunt down late payments on utility bills. Align sustainability and financial goals.
Optimize rates, benchmark facilities, exceed energy efficiency goals
Automatically submit your data to Energystar Portfolio Manager, keep your energy efficiency metrics updated, and reach your goals. Use Nectar's included bill audit and pay services to always pay the cheapest rates for your energy.
Before and after using Nectar
17% saved on utility bills
Before Nectar, manually review and analyzed utility bills to catch billing errors, overcharges, or rate hikes—often missing hidden savings. After, automatically surfaces billing errors, flags high-cost tariffs, and pinpoints savings opportunities.
Always have benchmarks and reports ready
Before Nectar, run manual gap reports and manually fill data gaps. After, automatically monitor data completeness and keep your data synced with Energystar Portfolio Manager.
Always pay for what you spend… and on time
Before Nectar, spend days tracking down bills internal and external audits, risking late payments. After, maintains up-to-date audit trail and documentation archive, ensuring all bills are tracked, validated, and paid on time.
Prepare for price changes 3 months in advance
Before Nectar, it's hard to anticipate and respond to utility rate changes. After, monitor usage trends, forecast future costs, and prepare for price changes up to three months ahead.
"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."
Nancy Summe
Senior Sustainability Manager
Vontier Corporation
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.
