For this reason banking giant Santander has chosen the innovative Utility Bill Management (UBM) service offered by Enel X to monitor and streamline its energy consumption. The Spanish company has hundreds of thousands of branches throughout Europe, the United States and South America, so developing a detailed overview of every single branch is an extremely complex task. However, UBM makes this entirely possible, because the digital platform analyses various utility expenses (energy, water, gas and waste) in real time by collecting bills and checking the accuracy of each one. The service automatically flags any billing errors while also identifying possible opportunities for reducing consumption by comparing the performance of each corporate site.