SOURCE: NWP Services Corporation

NWP Services Corporation

June 15, 2009 15:05 ET

NWP Services Corporation Introduces New Business Intelligence Data Warehouse for Utility Management

Multifamily Property Owners Now Have a Powerful Predictive Tool to Better Manage and Control Their Utility Expenses

IRVINE, CA--(Marketwire - June 15, 2009) - NWP Services Corporation (NWP), the leading provider of financial transaction processing solutions for the multifamily housing industry, today introduced a new Business Intelligence Data Warehouse, called ConsumptionSmart, now available as a value-added feature of the company's award-winning UtilityPay Manager product offering.

"Data warehouse/business intelligence applications have become an integral part of the multifamily housing industry landscape. Property Managers want a flexible, decision making and planning utility data infrastructure that supports their utility management requirements, and that is where NWP helps," said Jim Charles Senior Vice President of Product Management and Engineering. "NWP has invested in the technology, services and partnerships required to deliver integrated solutions to effectively manage utility data warehouse/business intelligence environments. With ConsumptionSmart's data mining capabilities, customers go beyond simple query and reporting capabilities to incorporate predictive power in utility expense management decisions," added Charles.

NWP's UtilityPay Manager customers can now access ConsumptionSmart by accessing their NWP online account at www.nwpsc.com. ConsumptionSmart features an upgraded user interface and all new reporting, trending and benchmarking tools designed to help property owners and operators better understand their utility data and assist them in making better decisions about how to achieve their utility management goals today and into the future.

"NWP's ConsumptionSmart is the only end-to-end BI and data warehousing solution that is based on category-leading technology, offering a complete and compelling solution at an attractive price," said Mark Gentile Director of Product Management at NWP. "BI isn't just for large multifamily housing portfolios. In recent years BI has grown across industries and organizations regardless the size of the industry or business. Small and medium-sized multifamily portfolios are turning to BI to gain efficiencies in supply and demand side utility management and servicing their residents, managing their financial performance, optimizing their supply chains, and identifying opportunities for better cash management," added Gentile.

About NWP Services Corporation:

Headquartered in Irvine, California, NWP Services Corporation (NWP) serves the multifamily housing industry as its leading financial transaction processing provider. NWP is known for its industry expertise delivering proven results and exceptional quality in resident billing, resident payment processing and utility management.

Resident billing by NWP helps property owners offset their utility expenses. The company's utility cost recovery team allocates utility charges to residents and prints and sends the bill; NWP's billing options now include convergent-or "rent-inclusive"-billing through its Resident OneBill service. Complementing its billing services, the company's electronic resident payment processing service; called Resident ePay; enables residents to pay their rent, utilities and other monthly charges online or at the rental office with funds transferred to the property's bank account electronically. Resident ePay gives residents convenience and choice and enables owners to access cash faster. In addition, with its UtilityPay Manager program, NWP processes and pays invoices sent to customers' properties by utility companies. UtilityPay Manager helps customers reduce time spent on administrative bill payment work and provides them with valuable utility data and additional cost management opportunities, including recovering expenses from residents when they fail to transfer utilities into their own name.

NWP's offerings are available as individual services or as a fully integrated solution and are designed to accelerate the financial performance of our customers, allowing them to recover and reduce operating costs, create operational efficiencies, improve NOI and FFO and boost resident satisfaction. Additional information is available at www.nwpsc.com.

Contact Information


  • Contact for NWP Services Corporation:
    David Collins
    949-253-2589
    Email Contact