AMSI Property Management Software Announces Alliance and Integration with AMS Utility Billing

Alliance gives multi-family residential communities tools to re-capture lost utility revenue

TAMPA, Fla. & LAS VEGAS--(EON: Enhanced Online News)--AMSI today announced a new alliance with American Metering Services, Inc. (AMS). The alliance brings owners and managers of multi-family residential communities a proven and effective way to recapture lost utilities revenue, lower the cost of property ownership and conserve natural resources.

“Owners are now making water a resident responsibility and they need a program like AMS capable of measuring usage at the resident level and implementing a direct bill method tied to actual consumption”

Property managers are now offered more insight into their residents’ energy usage and residents have more motivation to reduce their utility consumption.

Property managers can track, bill and collect for the precise utility usage at the resident level and, through seamless integration to AMSI eSite, they have access to a complete and accurate resident ledger that includes utility charges. The system eliminates lost revenue associated with traditional utility cost allocation methods. Property managers have the option of billing directly through the AMSI eSite system along with the resident’s other charges, or utilizing AMS’s billing and collection services.

AMSI will be exhibiting at the 2011 NAA Conference & Exposition June 23-25 in Las Vegas.

AMSI is an innovative provider of easy-to-use property management operations and financial software for owners, investors and managers of multi-family, commercial, senior and student living real estate properties. AMS Billing provides the multi-family housing industry the latest software technology for utility bill processing, collection services, consolidated billing, installation of sub-meter systems, sub-metering repairs and testing of sub-meters.

With utility costs on the rise, water in short supply and sub-meters not always in place, multi-family property owners and managers are challenged to procure, monitor, conserve and accurately re-capture lost revenue from the use of these resources.

“AMS Billing is a natural fit with AMSI’s on-going commitment to bring property managers operational efficiencies, cost savings and improvements that lead to increased resident retention,” said George W. Landgrebe, AMSI Vice President & General Manager.

“Offering utility billing programs is an example of our dedication to providing property managers with fully integrated, end-to-end solutions and best-in-class stand-alone solutions,” said Landgrebe.

Like AMSI, American Metering Services is customer focused and attentive to the property owner’s bottom line, said Kirk Downey, CEO/President of AMS. “Our resident utility billing programs provide residents with timely and accurate bills and superior customer service, and we minimize property management resources wasted on utility billing issues,” said Downey.

When it comes to some utilities, especially water, many multi-family residential communities still rely on master meters, forcing property managers to use formulas or other imprecise methods to estimate and allocate usage by unit.

“Owners are now making water a resident responsibility and they need a program like AMS capable of measuring usage at the resident level and implementing a direct bill method tied to actual consumption,” said Downey.

Statistics show that when residents are not paying a measurable cost for water and sewer, up to 30% of their usage is wasted water “Our solution makes residents responsible – and thus more accountable – for utility usage, which benefits conservation and property management profitability,” Downey said.

Located in Tampa, FL, AMSI is part of the Infor group of companies. AMSI’s Property Management Solutions have become a benchmark for excellence in multi-family property management software through AMSI’s sophisticated, yet user-friendly, customized solutions. Serving more than 13,000 properties across the U.S, AMSI’s flag-ship suite of web-based applications helps clients turn the daily challenges of property management into opportunities for improved revenue, streamlined operations and enhanced resident satisfaction. Infor is a leading provider of business software and services, helping 70,000 customers in 125 countries improve operations and drive growth. To learn more about Infor, please visit www.infor.com.