In smart building management, efficient utility monitoring and billing are critical. Niagara Tenant Billing Services (TBS), an advanced solution from Tridium, is designed to streamline utility tracking and invoicing across multi-tenant facilities. Whether you’re managing commercial real estate, multi-unit residential properties, or educational campuses, Niagara TBS simplifies the process of tracking and billing for utility consumption, ensuring transparency and efficiency.

What is Niagara Tenant Billing Services?

Traditionally, tenant billing services have enabled property managers to monitor and charge for utility consumption, including electricity, gas, and water. However, Niagara TBS goes beyond these core utilities—it allows billing for any measurable resource, ensuring a fully customisable and scalable solution.

With the latest update, Tridium has upgraded the original Vykon Tenant Billing Services to be fully compatible with Niagara 4.15 Supervisor, offering enhanced features and improved usability. This release marks the beginning of ongoing support and enhancement of the TBS product.

Key Features & Benefits of Niagara TBS

Niagara TBS provides property managers and operators with a host of powerful capabilities, including:

• Customisable Rate Structures: Tailor utility rates according to specific building requirements.
• Automated Invoicing: Simplifies the tedious process of generating and delivering invoices, reducing administrative workload.
• Multi-Currency & Tax Support: Ensures global applicability with flexible currency and tax configurations.
• Intuitive User Interface: A user-friendly design that enables quick setup and training.
• Enhanced Web Views: Accessible on any browser or mobile device without Java dependencies.
• Seamless Data Import & Export: Allows integration with third-party applications for comprehensive data management.
• Historical Data Search: Easily retrieve past invoices and consumption reports for auditing and analysis.

Where Can Niagara TBS Be Applied?

Niagara TBS serves a wide range of industries that require efficient tenant billing solutions, including:

• Commercial Real Estate: Multi-tenant office buildings, retail spaces, and shopping malls.
• Residential Complexes: Apartments, condominiums, and co-living spaces.
• Educational Institutions: Multi-department facilities and large campuses.
• Medical Buildings: Healthcare centers and multi-practice medical offices.

How to Access Niagara TBS

With the release of Niagara 4.15, TBS will be available to all Tridium customers. Existing Vykon TBS users can seamlessly upgrade to the new Niagara TBS and continue leveraging its powerful capabilities. To get started:

1. Navigate to Niagara Licensing
2. Click on the Software drop-down menu
3. Select Downloads and search for Niagara Tenant Billing Services
4. Download and install to begin utilising the service

Live Demonstration & Q&A

To provide an in-depth look at Niagara TBS, James Johnson, U.S. Sales Engineer at Tridium, has conducted a live demonstration showcasing its key functionalities. The session includes an overview of invoice customisation, configuration steps, and advanced reporting capabilities.

If you missed the live session, you can access the recorded version at your convenience. Additionally, a Q&A session was held to address user inquiries, ensuring that all aspects of the service were covered.

Final Thoughts

Niagara Tenant Billing Services is a game-changer for property managers, facility operators, and building owners looking to streamline utility billing. With its robust features, ease of use, and seamless integration with Niagara 4.15, it offers a comprehensive solution for managing tenant utilities efficiently.

For more information or to get started with Niagara TBS, talk to the Tyrrell Products team.