*DING* You’ve received an invoice from your Utility Provider Property Owners/Managers Landlords, Body Corporates and Property Owners are constantly weighed down with a monthly Water & Electricity bill by either the Local Municipality or Eskom. These suppliers invoice on a monthly basis according to a bulk meter installed at the incoming utilities main point. The invoice usually carries a whole lot of information pointing to one thing: Payment, immediately in most cases.
Now this is the age-old business essential. Supply and demand; as in, you, the property owner, Demand therefore you need to pay for the Supply, all the while tenants/users dispute readings, fight unit/tariff pricing and query the legality of their water & electricity accounts.
Which leads to frustration, a whole lot of back & forth texts/calls/emails and finally; debt. With no resolution in sight and a problem for the Utility payment issue mentioned above.
Solution...
Assegai Utilities offers a Simple & Smart solution to this problem!
Prepaid or Wallet Based Metering
Prepaid Metering is the process of PRE - PAYING for a Utility such as water & electricity. Consumers purchase “credit” that comes in the form of a 20 digit token that uses special encryption, known as STS, to make sure it is used for the right utility, correct meter and by the entitled user. This token is then entered into a meters keypad and tells the meter that the user has uploaded credit. The meter then uses this credit as a “bank” for the utility it is installed on.
As a Premier Utility Metering and Services provider; we assist Landlords, Managing Agents, Shopping Centers, Body Corporates and Bulk Residential clients collect and protect their revenue by way of prepaid metering.
Revenue Protection - Tenants/Users pay for water & electricity tokens before they use, which leads to improved cash flow on the property owners side as well as to the tenant/user as they are better informed to budget accordingly using a previous month's usage or average.
Revenue Collection - No unexpected payment issues with tenants that pay late or query readings. "You Pay for What you Use."
Transparency - All stakeholders are given maximum transparency on what they use, when they use it and how much it costs: Tenants have access to a Web based purchasing platform to buy anywhere and any time as well as view purchasing history and old receipts. Property owners receive a detailed summary of purchasing reports on a month to month basis. Increasing data driven Utility conservation decisions and forecast accordingly.
Simple, Smart Prepaid coupled with Assegai Utilities Bulk Utility Management Services, ensures an effective, efficient and economical, end to end Management Solution to a property’s Utility operations. By Smart Metering the Bulk, revenue collection through prepaid becomes extremely accurate.
Get in touch with our friendly and helpful staff for more info on all things Prepaid and how we can assist.
Solutions Based Thinking...
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