CAM Reconciliation
In tough economic situations, every penny counts and that is exactly where ‘Recoveries’ takes the precedence. But, many Real Estate enterprises find it difficult to manage the expense recoveries process and measure its performance.
One of the most important activities of Expense Recoveries is the ‘Annual CAM reconciliation’ - which can be challenging, requiring many hours of audit and investigation, sometimes resulting in only marginal returns. RETransform’s industry standards automate many of the processes associated with reconciliation of annual expenses, and making recoveries lease-based and objective.
CAM Process Cycle:
RETransform, along with our partners, have devised process based solution to provide timely and accurate CAM Reconciliation. Our services cover:
- Budgets
- CAM Estimates
- CAM True-ups
- Revised CAM Estimates
- Reforecast
Our process based solutions ensure that:
- Your information systems contain consistent and accurate Lease Information
- We deliver on-time & effective budgets
- We use software to automate the recovery process
RETransform offers the following CAM Reconciliation services:
- Abstract pertinent financial and legal information from all the lease documents within the lease portfolio.
- Perform annual CAM reconciliations
- Prepare annual tenant CAM billings
- Review and maintain CAM budget pools and exclusions
Our Methodologies covers
- Recoveries Analysis and Diagnosis
- Recoveries Audits
Advantage
- Automate recovery process by leveraging on technology to speed up billings and collections
- Improve billing accuracy
- Improve operational efficiency
- Reduce / eliminate missing recoverable expenses
- Generate recovery forecasts and cross-check budgeted to actual for variances.
We will be glad to assist you with CAM Reconciliation process. Fill in our contact us form or send us an email at info (at) retransform.com.
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