Part of Statewide Innovative Energy Benchmarking Solution
St. Paul, Minn•September 28, 2010 - API Outsourcing, Inc. (API www.apifao.com) a leading provider of Finance and Accounting Outsourcing services (FAO), and The Weidt Group, a leading energy and software design firm, implemented API's Energy Bill Imaging Services for document receiving and indexing data capture functions for customers using the B3 Energy Benchmarking and Reporting program developed by The Weidt Group for the State of Minnesota. This process is designed as an integrated process to remove all paper at the front-end of the invoice processing function.
"After a review of document management outsourcing providers, The Weidt Group selected API as the right partner for addressing the needs of customers utility bill data entry services for the B3 Energy Benchmarking program because of API's excellence in service delivery. Additionally, we are excited that our new partnership has already resulted in the State of Minnesota Department of Natural Resources as a new customer." stated Tom McDougall, President of The Weidt Group.
"API is pleased to partner with an industry leader like The Weidt Group, as we believe that the synergies of the partnership will present numerous opportunities that would not be available to either of the companies standing alone," stated Gary Halleen, President and CEO of API Outsourcing.
About API Outsourcing
API Outsourcing, Inc. is a leading onshore Finance and Accounting Outsourcing (FAO) provider of innovative state-of-the-art document management, accounts payable, accounts receivable and accounting services headquartered in St. Paul, MN. By transforming manual paper-dependent payables and billing processes through our imaging, bill delivery and workflow systems, customers minimize the labor intensive work associated with back-office processing and can focus on their core business. Outsourcing benefits include improved cash flow, reduced processing costs up to 60%, increased business intelligence and improved customer/vendor relationships. API currently processes over one hundred million transactions annually, delivers world-class quality, provides exceptional customer satisfaction, utilizes Six Sigma practices and performs a SAS 70 Type II Audit annually.
About The Weidt Group
Founded in 1977, The Weidt Group is an energy and software consulting firm specializing in: program design of commercial new construction; existing building benchmarking and retrofitting; energy modeling and comparative analysis that serves both the new and existing market; and the design and development of the software tools necessary to support those energy efficiency program initiatives and the needs of the efficient equipment manufacturing community. We are thought leaders in the industry, providing innovative consulting services to our clients in the form of design support, decision support and operations support. We provide unparalleled insight because we believe you cannot manage what you do not measure and when you measure it allows you to build models to inform continued improvements in management. Our mission is to drive fact-based decision making in the energy field.
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