SOURCE: NWP Services Corporation

NWP Services Corporation

August 27, 2009 09:05 ET

NWP Services Corporation Introduces Waste Expert, a New Utility Management Service Powered by WASTE REDUCTION

NWP to Reduce Waste Management Expenses for Multifamily Properties

IRVINE, CA--(Marketwire - August 27, 2009) - NWP Services Corporation (NWP), the leading provider of financial transaction processing solutions for the multifamily housing industry, today announced the introduction of a new service, Waste Expert, which is powered by Waste Reduction Consultants, Inc. (WASTE REDUCTION). The new solution is offered as part of NWP's award-winning utility management product, UtilityPay Manager (UPM).

"We are pleased to introduce Waste Expert, a new service feature of our award-winning UPM service. Waste Expert further broadens the industry leading scope of our utility invoice processing for multifamily property owners. The service targets expense reduction, tightens expense controls and improves the potential of cost recovery of all waste and trash-related costs incurred by our customers' multifamily communities. These are existing and potential expense reductions that would otherwise be lost," stated Michael Radice, president and CEO of NWP Services Corporation. "Waste Expert enables our customers to put control measures in place thereby mitigating the extraordinary double digit increases that many clients have experienced over the past few years in waste disposal costs," Radice added.

Waste Expert optimizes waste expenses for customers by targeting several key components. First, all current waste-related service provider contracts are captured and organized providing a transparent view of the customer's entire expense picture. Securing this knowledge provides the foundation for invoice verification and "to-the-penny" auditing, ensuring that customers only pay the correct amounts owed to their waste service providers. The detailed contract knowledge is also leveraged for use in proactive negotiations with service providers to reduce rates and leverage buying power. On-going analysis ensures optimum usage and efficiency for the waste services being utilized. Waste Expert customers also receive centralized, one-stop support for their waste service management needs.

"UtilityPay Manager has always provided exceptional auditing and consulting capabilities to help our clients control costs, plan procurement strategies and eliminate utility theft related to Water, Gas and Electricity. Waste Expert now allows NWP to extend that same level of expertise to waste services by controlling costs and buying smart," commented Mark Gentile, Director of Product Management for NWP.

About NWP Services Corporation:

Headquartered in Irvine, California, NWP Services Corporation (NWP) provides financial transaction processing services for the multifamily industry including resident billing, resident payment and utility management. Resident billing helps owners recover utility expenses with options including convergent billing with Resident OneBill. Resident ePay allows residents to pay monthly charges with funds transferred to the bank electronically. Through UtilityPay Manager, NWP processes and pays invoices sent to properties by utility companies. Additional information is available at www.nwpsc.com.

About WASTE REDUCTION:

WASTE REDUCTION is a national leader in waste expense management, with a primary focus on serving the multifamily housing industry. The company helps its customers reduce and sustainably control all waste-related expenses, minimize growing compliance risks, develop business-practical "green" initiatives and alleviate costly administrative workload. The company provides a comprehensive business process outsourcing solution that leverages its own cost control technology platform (WasteVision™), deep waste industry knowledge and volume buying power. WASTE REDUCTION's unique Pure Expense Management™ business model delivers an agile and highly focused solution without the conflicts of interest inherent to companies providing hauling services or selling collection/handling equipment. For more information visit: www.wasteconsultants.com.

Contact Information

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