Energy accounting software (also called Energy Accounting Software, Energy Tracking Software and Utility Bill Management Software etc.)is a class of software products used for tracking, managing, processing, reporting and analyzing utility bills.
It can come as a specific piece of software or come as a module of more all encompassing Energy management software, but is nevertheless a distinct category in itself. It is essentially concerned with ensuring that utility energy bills have been correctly calculated according to the tariff, and based on the correct billing data.
Such software is needed to primarily check the accuracy of utility bills. Such software is most applicable any organizations that has a significant energy bill be it one very large site or multi site organisations.
Energy accounting software records monthly utility bills; automatically audits them to spot billing, metering or consumption problems; prepares a variety of management and analysis reports; and helps to ensure a) the organisation knows what its energy consumption actually is, an b) it is being charged the correct amount.
Because the software varies in terms of user-friendliness, application, and cost, comparing different programs can be challenging.[1]