Verifyt
Verifyt

Your last electricity bill was probably wrong.

We’re the only people who’ll prove it.

Verifyt is a transparency engine for retail. We check the meter report against your municipality’s tariff. Then we check your landlord’s invoice against the meter report. Two layers, twice the chance to catch the money. Catch the overbilling. Keep the cash.

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Millions already clawed back for South African retailers. Yours is next.

Every South African municipality, covered.

  • Cape Town
  • Johannesburg
  • Tshwane
  • eThekwini
  • Nelson Mandela Bay
  • Buffalo City
  • Ekurhuleni
  • Mangaung

Plus all 44 district and 205 local municipalities.

Retail spends millions on utilities. Almost none of it gets checked.

You sign off the utility bill because someone has to. Nobody actually reads it. Nobody understands it. Nobody has time to.

Eskom hikes a tariff. The municipality slaps on a new “service charge.” A meter reads wrong for three months. The Durban store’s bill doubles, and nobody asks why.

You pay. Every time.

Verifyt is the answer to the question your finance team isn’t asking out loud:

“Are we actually being billed correctly?”

How we compare to the alternatives.

Verifyt’s real competition is the status quo.

Bookkeeper / Excel

Layers checked
One, badly
Frequency
Quarterly, if at all
Coverage
The biggest stores
Cost
Your finance team's evenings
Output
“Looks about right”

Annual audit consultant

Layers checked
One, occasionally
Frequency
Once a year
Coverage
Whichever sites the consultant gets to
Cost
R-thousands per site
Output
A PDF about last year's mistakes

Verifyt

Layers checked
Both. Meter report vs. tariff. Landlord vs. meter report.
Frequency
Every bill, the day it lands
Coverage
Every site, every meter, every time
Cost
R-hundreds per site, plus a share of savings.
Output
Refund-ready dispute reports in minutes

Peak/off-peak Time-of-Use billing on a Megaflex tariff is its own discipline. We took it on.

One transparency engine. Seven modules. One source of truth.

Electricity is live. The rest are loading.

Two bills. Two ways to overpay. We catch both.

Most South African retailers don’t pay the municipality directly. They pay the landlord, who pays the municipality, who reads the meter.

That’s two layers between you and what you actually owe. Both layers can be wrong. Usually one of them is.

Layer 1: the meter report vs. the tariff.

Do the readings on the meter report match your contracted tariff? Were the kWh, demand charges, and network levies calculated against the rates your municipality actually publishes?

Layer 2: the landlord’s invoice vs. the meter report.

Did the landlord re-bill you what the meter report actually says? Or did they round up, double-charge, slip in an admin fee, or miscalculate the allocation between tenants?

The bookkeeper checks neither. The annual audit consultant might check the first. We check both. Every month. Every store.

Three steps. Then never think about a utility bill again.

  1. 1

    Forward us your bills.

    Every retailer gets a dedicated Verifyt inbox. Forward your municipal invoices and your landlord’s invoices the moment they land. Or upload them yourself. That’s it.

  2. 2

    Verifyt audits both layers.

    Our engine reads every line of every invoice. First we check the readings on the meter report against your contracted tariff and the rates your municipality publishes. That’s the supply-side check. Then, where applicable, we check what your landlord re-billed you against what the meter report says. That’s the recharge-side check. Two passes, every bill, every month.

  3. 3

    You get the money back.

    Every discrepancy comes packaged with the source bill, the calculation, and a draft email to send to the issuing authority. Send it yourself. Or let us chase it for you. Your call.

Every bill, audited the day it arrives. No queues. No quarter-end scramble.

What you actually get.

  • Continuous bill audit.

    Every electricity, water, refuse and effluent invoice. Checked the moment it arrives.

  • Meter vs. tariff.

    Every charge on the bill, checked against your contracted tariff and the rates your municipality publishes.

  • Landlord vs. meter report.

    Every line on the landlord’s invoice, checked against what the meter report actually says.

  • Portfolio dashboard.

    Every store, every meter, every kWh, on one screen. Filter by region, by brand, by anomaly.

  • Refund-ready reports.

    Source bill, the maths, the dispute letter, all generated for you.

  • Audit trail forever.

    Every bill, every check, every action, stored, searchable, exportable. Your auditors will love you.

Past Bill Verification

Suspect you’ve been overpaying for years? We’ll tell you exactly how much.

Up to 36 months back. A line-by-line forensic audit of every utility bill and recharge invoice you put in front of us.

Get a quote →
  • Up to 36 months of bills, audited line-by-line.
  • A fixed quote, plus a share of what we recover.
  • Free quote in 48 hours. No commitment to proceed.
  • Refund-ready reports for every discrepancy.

The guarantee.

  • The Verifyt model

    Aligned with you on every recovery.

    Verifyt charges a small per-site fee plus a share of what we recover. If we find nothing, you pay only the baseline. We earn the upside when you do.

    We’re confident because the bills are usually wrong. Someone just needs to read them.

  • Who built it

    Built by retail finance and property veterans.

    People who’ve watched the bills go unchecked from both sides of the table. Finance ledgers and landlord recharges. Names and faces coming once the team is ready to be public.

  • Commercial terms

    No lock-in. No notice period.

    No setup fees. No annual contracts. Cancel anytime. Verifyt earns its keep every month, or it doesn’t earn at all.

Built for retail.

Verifyt is built for multi-site retailers who pay for utilities through landlord recharges, across many stores, many landlords, and many lease terms. The engine reads each lease, not a generic template.

  • Multi-site, multi-meter, multi-brand.

    Add stores, brands, and landlords without re-architecting your data model.

  • Multi-landlord, multi-lease.

    Each store's recharge formula reads from its actual lease.

  • Municipal rules, baked in.

    Cape Town, Johannesburg, Tshwane, eThekwini, Nelson Mandela Bay, Buffalo City, Ekurhuleni, Mangaung. We know which ones round wrong.

  • Mall-ready.

    Embedded networks, sub-meters, common-area allocations: the messy realities Verifyt was built around.

Most months, the bill is correct. That’s also the value.

Verifyt earns its keep on the bills it flags and the bills it doesn’t.

Every line gets read. Every charge gets checked.

The peace of mind is the product. Catching the money is the bonus.

Pricing

  • Subscription.

    A per-site monthly fee plus a share of what we recover. The per-site fee scales down as you add stores. The share-of-savings means you only pay the upside when we find it.

  • Past Bill Verification.

    A fixed quote, plus a share of what we recover. Up to 36 months of historical bills. Free quote in 48 hours.

Get a free audit →Book a demo →
See full pricing →

FAQ. What a CFO actually asks.

Your next utility bill is going to be wrong.

Find out before you pay it.

Get a free audit →Book a demo →