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THURSDAY, AUGUST 21, 2008 (11:04 PM) Return to Moneytech's blog
Service Billing Accuracy Questioned – Billions in Overcharges to Unsuspecting Businesses

In today’s business environment, with skyrocketing energy costs and rising interest rates, corporate business managers need to protect positive cash flows by eliminating containable costs. Often times Utility bills are thought to be scrutinized carefully, but not carefully enough, apparently.

Recent study’s have concluded that eight out of ten invoices reviewed by expert Auditing Firms contain highly elusive errors and overcharges that business owners are not aware of. By having outside professionals conduct a full-scale Utility bill audit, you could potentially return tens if not hundreds of thousands of dollars back into your operating capitol. Some have recovered millions!

Industry experts agree that roughly 94% of all service bills are inaccurate. WHAT? Yes, it truly is staggering when you think about it isn’t it? Billing errors from Electric and Natural Gas companies continue to have problems with systems management and audit updates. These failures are causing unnoticed errors such as incorrect tax configurations, insufficient rate applications, unmanaged cost increase/decrease, erroneous fee structures and many others. 

Inefficent Service Billings Cost Businesses and Their Owners Over $250,000,000,000 Dollars a Year Without Even Knowing It!

In fact, there are over 50 areas where expert auditing firms like AmCorp Management can identify, substantiate and recover thousands of dollars that may have been overcharged to you without ever realizing it. It’s surprising to most business owners to discover just how much operating capitol they have lost after having a thorough examination of their utility bills from an expert auditor.

There are many auditing firms around, some work on a flat fee basis, and some work on a contingent basis. Whatever audit firm you choose, I recommend a minimum of ten years experience as many techniques have changed over the years. Being part of a National Auditing Firm like AmCorp Management, I can tell you first hand that eight out of ten businesses I speak with qualify for refunds in some areas.

These Industry giants and Government groups always refund your money. All you simply have to do is find the overcharges and ask for it to be refunded. Unfortunately they’re so embedded in complex systems and regulations, but if you do find them, you’ll then get your money and “Oops, Sorry”. Have you ever wondered what the incentive is for these Corporate enterprises to overcharge their customers? Less than 5% of businesses or people that are overcharged will ever know or ask for their money back. Now if that doesn’t open your eyes, I don’t know what will. 

If you Discovered your business had been overcharged ten, twenty even thirty thoudand dollars over the last couple years, Wouldn't you want your money back? Thats the best thing about AmCorp Management, 100% Risk Free solutions for the business comunity. No Financial Gains...No Fees...Period! You can see a video presentation and much more info by visiting the AmCorp Website.


Category: News and Politics
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