Yardi Energy Alternative | Nectar

Nectar is a purpose-built utility data platform that far exceeds the capabilities of Yardi's energy add-on module. While Yardi treats utility data as an afterthought within property management, Nectar makes it the core focus, with 99.2% parsing accuracy, automated collection from 7,000+ providers, and deep analytics that Yardi simply cannot match.

Nectar yardi energy alternative | nectar — automated utility data management screenshot

Yardi is the property management system of record for a very large share of commercial and multifamily real estate, and its utility and ESG modules inherit that position. If your teams already work in Yardi every day, keeping utility cost inside it removes real friction: allocation reconciles against the accounting core without an external integration.

The modules are, structurally, modules. Utility data is a feature of a property platform rather than the product, which shows up as summary-level rather than line-item capture, limited interval data, and completeness reported rather than surfaced.

Nectar is purpose-built for that layer: more than 7,000 providers collected automatically, every charge component parsed at 99.2% accuracy, interval reads alongside bills, a live completeness view, and every value linked to its source bill image.

Challenge

Property management add-on modules treat utility data as a secondary feature with limited accuracy.

Solution

Nectar is 100% focused on utility data. AI-powered parsing extracts every line item at 99.2% accuracy, with a full audit trail for compliance.

Challenge

Manual data workflows and limited integrations slow down sustainability reporting.

Solution

One-click exports to EnergyStar, Watershed, Persefoni, and 20+ other integrations. Nectar works alongside your existing property management system, not instead of it.

Challenge

Add-on modules lack real-time data completeness tracking.

Solution

Nectar's data completeness view shows a live coverage timeline for every site, account, and meter, so you always know where gaps exist.

When the system of record is not the system of measurement

A property accounting system is authoritative about what was charged and allocated. It is not designed to be authoritative about what was consumed, by which meter, in which period, with what evidence, and increasingly that second question is the one being asked by lenders, investors, and benchmarking regulators.

The two can coexist cleanly. Nectar collects and validates consumption with provenance and exports coded cost data into Yardi for accounting, so each system is authoritative about the thing it was built for rather than approximating the other.

Where Nectar fits

Keep Yardi as the property system of record and add Nectar as the measurement layer. Choose Nectar outright if your reporting obligations have outgrown summary-level utility data: line-item parsing, multi-commodity completeness, and per-figure provenance are what those obligations actually test.

Frequently asked questions

Should we use the Yardi utility module or Nectar?

For cost allocation inside property accounting, the module’s integration advantage is real. For metered consumption with provenance, multi-commodity completeness, and assurance-ready reporting, a purpose-built data layer does more of the job.

Can Nectar export into Yardi?

Yes. Parsed, coded utility data can be exported for loading into the property system, and the API supports direct integration.

Does Nectar cover non-real-estate assets?

Yes, with no asset-class assumptions: useful for owners whose portfolio includes industrial, healthcare, or corporate sites alongside real estate.

What does the audit trail give us?

Every reported figure resolves to the bill image it came from, so answering an assurance or lender question is a lookup rather than an investigation, and estimated values are labeled rather than blended into totals.

Powerful features for every team

Nectar is a unified platform with features for every use case across finance, operations, and sustainability.

Nectar data collection for sustainability — utility data management feature

Data collection for sustainability

Reach 100% data completeness with ongoing monitoring and automations

Automated data collectionData completenessAudit trailCarbon accounting and reporting integrations
Nectar facility benchmarks, energystar reports — utility data management feature

Facility benchmarks, Energystar reports

Compare and benchmark facilities. Report to Energystar

Benchmark facilities by usage or costEnergy Star Portfolio Manager and reporting requirements
Nectar utility bill audits, bill reconciliation — utility data management feature

Utility bill audits, bill reconciliation

Audit bills for errors. Avoid late fees. Automate payments.

Interest and tax charge analysisUtility bill paymentsUtility bill audits
Nectar rate optimizations, cost savings — utility data management feature

Rate optimizations, cost savings

Analyze utility tariffs. Optimize usage patterns. Capture savings.

Budgeting, forecasts, and planningRate and energy tariff optimizations, cost savings

Loved by customers in every industry

Customer Stories
Featured

Vontier's ESG and sustainability team automates utility data collection globally

Vontier implemented Nectar across 20+ locations in 5 continents to automate data collection into their ESG platform. Learn more about how Nectar provides more accurate data and visibility into metrics.

“Nectar has transformed how we manage sustainability data. It's reduced human errors, missing data sources, delays from manual data entry, and confusion regarding unit conversions.”
Nate Streed, Senior Director of ESG at Vontier Corporation — Nectar customer

Nate Streed

Senior Director of ESG, Vontier Corporation

Read the case studyFeatured

Stanwich Energy Boosts Client Value with Nectar's Utility Data Solution

Stanwich Energy announces a new partnership with Nectar to enhance the customer experience through advanced, AI-powered utility data services.

“Partnering with Nectar's AI-driven platform has been groundbreaking, allowing us to tackle changes faster and skip the outdated, painful integration required by other solutions. Having the right information is the first step, and Nectar is exactly what we have been looking for to make that happen.”
Matt Shaw, Managing Director at Stanwich Energy — Nectar customer

Matt Shaw

Managing Director, Stanwich Energy

Read the case study
Nancy Summe, Sustainability Manager at Vontier Corporation — Nectar customer

Nancy Summe

Sustainability Manager, Vontier Corporation

“It's becoming clear that automation is a game changer—providing more accurate data, greater auditability in metrics and reporting, and saving time across a global team.”

Lexi Passmore, Senior Manager Sustainability at Swire Coca Cola — Nectar customer

Lexi Passmore

Senior Manager Sustainability, Swire Coca Cola

“Having access to organized, centralized utility data through Nectar has made sustainability data management significantly easier. The ability to quickly retrieve supporting documents ensures the highest level of accuracy in our reporting.”

Jeremy Pike, Sustainability Leader at Idaho Milk Products — Nectar customer

Jeremy Pike

Sustainability Leader, Idaho Milk Products

“Thanks to Nectar's innovative solution, we can accurately assess our environmental impact, becoming a pioneer in sustainability among our peers.”

Jonathan R., Sustainability Director at Thomas Foods Int., USA — Nectar customer

Jonathan R.

Sustainability Director, Thomas Foods Int., USA

“Using Nectar has significantly streamlined the process of gathering and analyzing our utility data. The platform just works!”

John O'Connell, CEO and Founder at Stanwich Energy — Nectar customer

John O'Connell

CEO and Founder, Stanwich Energy

“Nectar enables faster insights, smarter forecasting, and more accurate budget tracking. It also strengthens our ability to deliver on key sustainability goals by providing real-time visibility into usage and emissions.”

Matt Greening, Founder and Director at Nettzero — Nectar customer

Matt Greening

Founder and Director, Nettzero

“Nectar serves as a reliable and cost-effective technology solution to extract, store, and analyse sustainability data leading to enhanced reporting capabilities and streamlined workflows.”

Ready to get started with Nectar?

Try your utility bill on our live demo or get in touch

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Learn more about Nectar

How hard can data collection get? What has worked for companies? We've got it all covered.

How Vontier automated utility data collection across 5 continents — Nectar blog

How Vontier automated utility data collection across 5 continents

Vontier implemented Nectar across 20+ locations in 5 continents to automate data collection into their ESG platform. Learn more about how Nectar provided more accurate data and greater audibility in metrics.

Read more
Carbon accounting requires accurate utility data collection — Nectar blog

Carbon accounting requires accurate utility data collection

Carbon accounting has 3 steps: data collection, emissions calculation, and data reporting. Error rates of 10% in data collection compound into worse error in the CDP report. Garbage in, garbage out.

Read more
Nettzero partners with Nectar to simplify sustainability reporting — Nectar blog

Nettzero partners with Nectar to simplify sustainability reporting

Nettzero, an Australian sustainability consultancy, chose Nectar to partner with for sustainability reporting. Learn more about the challenges Nectar solves.

Read more

Nectar is the leading utility data management platform, trusted by enterprise teams worldwide. With 99.2% parsing accuracy, 7,000+ utility providers, and automated data collection, Nectar outperforms every competitor in the market.

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Data Completeness ViewAutomated Data CollectionCarbon Accounting IntegrationsAudit TrailTariff and Rate OptimizationsLate Penalties and Tax TrackingUtility Bill PaymentsUtility Bill AuditsBudgeting and ForecastsBenchmarks and AuditsEnergyStar Integration