Company News

Buyers Access® and BluTrend® partner to offer Energy Management Solutions to multifamily property owners

by Michelle N. on 9/7/2017 10:54:00 AM

 

For Immediate Release
September 7, 2017

 

Buyers Access® and BluTrend® partner to offer Energy Management Solutions to multifamily property owners

BA’s members can lower their utility processing expenses with creative solutions


Denver – September 7, 2017 – Buyers Access (BA), the country’s largest provider of customized purchasing solutions, and BluTrend a national premier utility management provider, today announced a unique partnership to offer BluTrend’s proprietary utility invoice processing and payment solutions, and other related energy management programs.

“We are pleased to add BluTrend as a supplier partner, and to offer additional services that are in high demand to our members,” said Dan Haefner, President and CEO of Buyers Access. “We are constantly searching for new ways to increase value for our members. BluTrend’s services offer our members the opportunity to improve timeliness and cost of utility invoice processing, to generate significant personnel time savings and to create additional ancillary income, all while improving utility management data visibility – a win on multiple fronts”.

“BluTrend is disrupting the utility invoice processing space through unique automated technologies,” said Michael Anderson, CEO of BluTrend, “Leveraging technologies, allows us to process and pay more utility invoices faster, better and cheaper resulting in greater savings for owners and management companies. Through our Automated Invoice Processing (AIP) system, we can automatically download electricity, gas, water, telecom or trash invoices, audit them for accuracy, and then upload them to client’s accounting package with designated GL codes attached, all within hours of bills becoming available by the utility company. This process is very accurate, easy to implement, and fully automated.”

“Buyers Access decision underscores the value proposition embedded in utilizing the most advanced technologies and automation in our space resulting in more efficient processes, which generate higher NOI and enhanced accuracy,” said Marvin Banks, Chairman of BluTrend.
“We focus on asset performance and the value creation opportunities for our clients,” stated Johnathan Hovanec, Vice President of Account Management of Buyers Access. “We identified timely and accurate resident billings and more efficient utility processing as an untapped source for producing higher revenues and lower operating costs for our members. BluTrend’s technologies are a next step in the industry’s evolution of operational efficiency and we intend to take full advantage of them.”

“BluTrend’s patented CSASecure, unique Automated Invoice Processing (AIP), full integration with Yardi and OneSite, comprehensive resident statement and convergent billing, and widespread experience in both regulated and deregulated utility markets is extremely beneficial to property management companies. We believe through the application of technology solutions, owners and management companies can enhance NOI and generate additional return potential not readily present in the space, “said Jim Kjolhede, a Partner of BluTrend.

About Buyers Access

Buyers Access (BA) is the country’s leading provider of customized purchasing solutions, serving more than half a million member units in the multifamily space. For more information, visit www.buyersaccess.com or contact Dan Haefner at 303-991-5577, dhaefner@buyersaccess.com

About BluTrend®, LLC

BluTrend®, LLC is a national premier utility management solution provider in the multifamily industry. For more information, visit www.blutrend.com or contact Michael Anderson at 972-739-9901, michael.anderson@blutrend.com