GETCHOICE! Surpasses $5B as Firms Centralize Utility Management
- $5B: Annual utility spend processed by GETCHOICE! for enterprise clients
- 150,000+: Meters managed nationwide
- $14B: Total utility spend managed through GETCHOICE!'s platform
Experts agree that the centralization of utility management through specialized platforms like GETCHOICE! is a strategic shift driven by operational efficiency, cost discipline, and enhanced data visibility, supported by strong market growth projections in the Utility Expense Management sector.
GETCHOICE! Milestone Highlights a Revolution in Corporate Utility Management
HOUSTON, TX – February 09, 2026 – Houston-based GETCHOICE!, a provider of utility management solutions, announced today it has surpassed $5 billion in annual utility spend processed on behalf of its enterprise clients. This milestone, involving the management of over 150,000 meters nationwide, is more than a corporate achievement; it signals a significant and accelerating trend in corporate finance and operations: the strategic centralization of utility bill management.
For decades, handling utility bills for large, geographically dispersed organizations has been a fragmented, labor-intensive, and often chaotic process. With operations spanning hundreds or thousands of locations, finance and facilities teams grapple with a deluge of invoices from countless providers—each with its own format, rate structure, and payment requirements. This complexity creates substantial operational risk and hidden costs. GETCHOICE!'s growth underscores a decisive move by enterprises to tame this complexity through technology and specialized services.
The Hidden Costs of Decentralized Operations
The challenge of managing utilities at scale is a persistent pain point for multi-site enterprises in sectors like retail, healthcare, real estate, and manufacturing. Utility spend often ranks among the top five operating expenses, yet its management is frequently decentralized, leading to inefficiencies, errors, and a lack of strategic oversight. These issues manifest as late payment fees, costly service disconnections, and a significant administrative burden on staff who must manually process and validate each bill.
"Utility spend is one of the largest recurring expenses for multi-location organizations, yet the act of paying those bills is often highly decentralized and operationally risky," said Kiki Dikmen, CEO of GETCHOICE!, in a recent statement. The company's platform processes payments for a wide array of services, including electricity, natural gas, water, waste, steam, telecom, and internet.
Dikmen's observation points to a fundamental shift in perspective. Companies are no longer viewing utility bills as a simple accounts payable function. Instead, they are recognizing them as a rich source of operational data and a critical area for risk mitigation. The move toward centralization is a direct response to this realization. "Our growth reflects a clear shift toward centralized utility bill payment, where companies want confidence that every invoice is validated, every payment is executed correctly, and leadership has real-time visibility into spend across the entire portfolio," Dikmen added.
A Market Embracing Centralized Tech Solutions
The trend GETCHOICE! is capitalizing on is supported by strong market growth projections across related technology sectors. The global market for Utility Expense Management (UEM) systems, estimated at $2.5 billion in 2024, is projected to more than double to $5.1 billion by 2031. Similarly, the broader facility management software market is on a steep upward trajectory, expected to grow from $4.5 billion in 2024 to $11.7 billion by 2033, with North America leading the adoption.
These figures paint a clear picture of an industry in transformation. The primary drivers are the pursuit of operational efficiency, stringent cost discipline, and enhanced data visibility. By consolidating utility management onto a single platform, enterprises can automate invoice processing, standardize payment workflows, and eliminate the risks associated with manual handling. This not only reduces direct costs associated with late fees but also frees up internal resources to focus on more strategic initiatives.
Furthermore, the complexity of a deregulated energy market and fluctuating commodity prices has made sophisticated risk management a necessity. Centralized platforms provide the tools for better budgeting, forecasting, and even customized hedging strategies to mitigate price volatility, offering a level of financial control that is impossible to achieve in a decentralized model.
The Power of a Unified Technology Platform
At the heart of this transformation is technology. GETCHOICE! credits its proprietary GET: Smart Management Technology platform as the engine of its service. Such platforms serve as a central nervous system for a company's entire utility footprint. They ingest, digitize, and normalize data from thousands of disparate invoices, creating a single, reliable source of truth.
Functionally, these systems automate the end-to-end lifecycle of a utility bill. This includes automated invoice collection, validation against historical usage and contractual rates, flagging anomalies for review, managing internal approval workflows, and executing timely payments. To date, GETCHOICE! has processed over 3 million invoices and managed more than $14 billion in total utility spend through its platform, demonstrating the scale at which these operations can be streamlined.
Beyond mere processing, the true value lies in the analytical power these platforms unlock. With all utility data—spanning spend, consumption, and carbon emissions—centralized and structured, organizations can finally gain meaningful insights. Advanced reporting tools with intuitive dashboards allow finance and facility leaders to visualize consumption patterns, benchmark performance across sites, track budget variances in real-time, and identify opportunities for cost-saving or efficiency projects.
From Cost Center to Sustainability Driver
Perhaps one of the most compelling drivers of this trend is the growing importance of Environmental, Social, and Governance (ESG) initiatives. Corporate boards and investors are increasingly demanding robust sustainability reporting and tangible progress on environmental goals. Utility consumption is a primary component of a company's carbon footprint, and accurate measurement is the first step toward effective management.
Centralized utility management platforms are proving to be indispensable tools for sustainability officers. They provide the granular data necessary to accurately track energy and water consumption, calculate greenhouse gas emissions, and report on progress toward reduction targets. By analyzing usage patterns, companies can identify inefficient facilities, justify investments in energy-efficient retrofits, and model the impact of conservation efforts.
This creates a powerful synergy between financial and environmental objectives. The same data-driven insights that help a CFO reduce operational costs also help a Chief Sustainability Officer meet ESG goals. By optimizing energy consumption, companies not only lower their bills but also shrink their environmental impact, turning a traditional cost center into a key enabler of corporate responsibility. As regulatory pressures and stakeholder expectations around sustainability continue to mount, the strategic value of these integrated platforms is only set to increase.
