Blog

CPS Case Study – Broward County Schools

Broward County Schools Electronic Payments Key Features Monthly Cash Rebate▪ Submit consolidated remittances for your suppliers electronically▪ Leverage existing vendor pay cycle (terms)▪ Secure payments through onetime use feature (exact payment amount)▪ Reduced AP costs▪ Reduce financial risk and enhance financial controls▪ Implementation in 2 weeks or less   Issue Solved Broward County Schools, with […]

Posted in CPS

CPS-ePayments

Earn rebates, reduce risk, and save time on your AP <h5>By using our ePayable solutions, you can generate new revenue of approximately $1M for every $1B in annual revenue for your organization.</h5> In the past, organizations have used credit cards to pay their bills and expenses to earn rewards points, airline miles, and cash rebates. […]

Posted in CPS

CPS – Sample Rebate Metrics

Program Highlights • “Big 4” Approach and Methodology – Back Office Subject Matter Expert • CPS Owns & Maintains its Proprietary Technology & Processes • Allows for Real-Time Card Payment Type Determination • Highest Vendor Enrollment in the Industry • One-to-One Payments, Number-to-Cleared Payments Regardless of Type • Implementation Within 2 Weeks With Minimal Client […]

Posted in CPS

CPS Case Study – Virginia Mason Memorial Hospital

CPS PAYMENT SERVICES HELPS VIRGINIA MASON MEMORIAL HOSPITAL INCREASE BACK OFFICE EFFICIENCIES AND VENDOR PARTICIPATION BACKGROUND Virginia Mason Memorial Hospital is a 226-bed, acute-care, non-profit, community hospital serving Central Washington’s Yakima Valley. Senior Operations Manager, Evan Casteel, began looking for ways to bring efficiency and best practices to the supply chain function and was mindful […]

CPS Case Study – Allegheny Health

CPS PAYMENT SERVICES HELPS ALLEGHENY HEALTH NETWORK INCREASE VENDOR PARTICIPATION AND IMPROVE PROGRAM ROI BACKGROUND Allegheny Health Network (AHN) is a non-profit, eight-hospital academic medical system serving western Pennsylvania, and the adjacent regions of Ohio, West Virginia, New York, and Maryland. Together, the hospitals comprise more than 2,200 beds. In addition to its hospitals, AHN includes over […]

Partnership with CPS Payment Services

TriStem has recently partnered with CPS Payment Services to provide recurring revenue through electronic payments for AP disbursements at no cost. CPS TOTAL PAY Our proprietary technology delivers customized AP solutions that automate your accounts payable process from payment disbursement to payment reconciliation. Our comprehensive suite of services includes one-time-use virtual MasterCards, ACH, enhanced ACH, […]

Wired For Greed book review by Michael Mabee

Hello, TriStem followers. We recently found this excellent review by author Michael Mabee on our founder Joe Seeber’s book Wired For Greed. Definitely check it out when you get the chance! Michael Mabee calls Wired For Greed a “required reading for every member of the House and Senate Energy Committees, as well as state Public […]

Vintage Find at TriStem Today!

80's brochure

We were going through our old files and found this treasure! It is a TriStem folder brochure from the 80’s. Did you know that TriStem has been in business in Waco, Texas since 1979? Yes, it is true. TriStem and Joe Seeber have been auditing utility bills for 40 years! Judging by the brochure, not […]

7 BIGGEST OVERSIGHTS BY PUBLIC FINANCE OFFICIALS WHEN TRYING TO REDUCE UTILITY COSTS

According to a study conducted by the Government Finance Officers Association, one of the top challenges faced by public finance officials is the struggle to balance decreasing revenues with increasing costs of services. Entities are continually searching for ways to stabilize or reduce expenditures, including utility costs which can make up 15% or more of […]

Happy Birthday to Our Founder, Joe Seeber

Happy Birthday to Joe Seeber the founder of TriStem! He founded TriStem in 1979, and has continued to advocate for utility bill consumers ever since! We are one of the oldest utility bill auditing companies in the nation. Joe also wrote the book Wired for Greed – The Shocking Truth About America’s Electric Utilities. His […]

Waco Fosters Love Event

Come out to the Waco Fosters Love Event on June 30th for an afternoon of snacks, wine tasting and live music! Donations will be given to Arrow Family and Child Ministries in Waco. The FB event page: https://www.facebook.com/events/2182955478449638/ Event sign-up: https://www.togetherwerise.org/fundraise/Waco

TriStem wishes everyone a Happy Memorial Day!

  VETERAN – An individual who has signed a blank check to the United States, to honor, protect & defend our country, and agrees to pay in full, even if the payment results in losing their life.    Approximately 1.2 million veterans gave their lives defending our freedom from 1775 to Present. This Memorial Day, we […]

Thank you TEMA!

    TriStem would like to give a huge thanks to the Texas Energy Managers Association for having us as well as everyone who stopped by and visited our booth.  We were honored to be a part of this years conference and can’t wait to do it again next year!

Join Us At The TEMA 2019 Conference!

TriStem will be attending the 2019 Waco TEMA Conference at the Waco Convention Center April 30 through May 2. Come and see us at our booth for info about our risk-free utility audit services. We will be having a giveaway for a free Holy Stone HS100 Drone for those who sign up. Hope to see […]

TriStem Success Stories

City of New Orleans This was a very unusual case, to say the least. There were serious billing issues including street light overcharges and maintenance not done on some of the 54,000 street lights in the City. As a result of TriStem’s work, the City of New Orleans recovered $15 million over a 10 year span, […]

Predominant Usage Studies

Did you know TriStem provides Predominant Usage Studies? “What is this,” you ask? A predominant usage study is an evaluation of a company’s electric and gas consumption that has the potential to allow businesses to receive a state and local sales tax exemption. The study consists of a site survey to examine and document equipment […]

Telecom Audits

TriStem will perform a review and tariff analysis of current and prior billings for telecommunication service received and paid by the client or related agencies. TriStem will review the client-provided invoices and other pertinent records and will order other billing records as needed directly from the vendors, thus lowering client time required. In most cases, the […]

Utility Bill Audit & Cost Recovery Project Approach

TriStem strives to accomplish the following objectives for each of its clients: Save your organization’s valuable time by conducting a comprehensive audit on your behalf; Enhance your organization’s revenue by securing refunds of overbilled utility services; Reduce future expenses by correcting ongoing errors and implementing savings opportunities; Educate your organization on utility billing practices and regulations applicable to your specific region […]

“He’s Got a Sharp Eye for Blunders”

Here is a great Waco Tribune-Herald article from 2002 about TriStem founder Joe Seeber. The article showcases how Tristem has built a reputation on fighting to win our clients what is owed to them. We have made this our priority for nearly 40 years and the results speak for themselves. Read below: Mans Waco-based company […]

Streetlight Audits

  For most local governments, streetlighting is one of the largest monthly electric expenses. Utilities charge a flat rate for unmetered streetlighting, which varies for each unit depending on the lamp wattage and type, fixture style, type of pole, and ownership. Unfortunately, utility companies are often negligent in record keeping protocols necessary to maintain accurate bills for […]

The TriStem Difference

When choosing a utility bill audit firm, take the following into consideration when comparing TriStem with others: Our experience in the State of Texas cannot be matched. TriStem has completed hundreds of audits in Texas. In the last few years, TriStem has recovered over $6,000,000 for Texas clients. Furthermore, the energy  cost of these Texas clients […]

Case Study: Dallas ISD Utility Bill Audit

In April 2009, an agreement was executed between the Dallas Independent School District (DISD) and TriStem for an audit of the ISD’s past electric, gas, water and sewer bills. The project was completed in 2011. Following is a summary of the tasks completed, refunds obtained, and savings identified for the school district. ELECTRIC ACCOUNTS At […]

Tristem Telecom Auditors

How to save money on your business phone bill One way to save money on your phone bill is to have it looked at by a professional. Telecom auditors can review your bill in depth to determine if you have been overcharged in the past and see if you qualify for savings on future bills. […]

TEPA Annual Conference 2017

TriStem attended the The Energy Professionals Association (TEPA) Conference last week. We had a great time and were able to learn new things about the industry and ways we can help our clients. My personal favorites were the speeches by Sayun Sukduang – President & CEO of Engie Resources, and Brian Habacivch – Principal, Commodities […]

TEPA Monthly Meeting – Oncor Portal

Greetings utility consumers! We had a great time at the monthly TEPA meeting in Dallas, TX at the Hotel Zaza, sponsored by Engie, and wanted to share the news with you. For those who are not familiar with TEPA, it stands for The Energy Professionals Association. TriStem is a member of this great organization that brings […]

City of Killeen Street Light Field Work

TriStem recently completed a review of the City of Killeen and the City of Copperas Cove’s guard lights. As a part of our audits, we go out in the field to check the accuracy of the our clients’ lighting bills. These field visits are always full of surprises! We found several broken lights and a strange twisted light. Approximately […]

Article Describes Fraudulent Websites in the Texas Deregulated Electric Industry

Over 10 years since our founder, Joe Seeber, published Wired for Greed, the electric industry is still ripe with fraud. This article talks about deceptive websites pretending to be the official State of Texas Power to Choose website. It’s sad that certain companies are taking advantage of those who are not familiar with the electricity market. Watchdog: […]

Electric company charges woman for street lights for 25 YEARS! Returns $10,000 in overcharges

Here is an interesting article about a woman who was unknowingly paying for 2 street lights on her block.  Did you know that municipalities are frequently billed incorrectly on street lights? A majority of our clients have street light billing errors.  Electric companies are not always the best at keeping their records straight… http://www.nydailynews.com/news/national/electric-company-charges-woman-street-lights-25-years-returns-10-000-overcharges-article-1.1136350

Loading