CAM Audit Software for Commercial Landlords
CapVeri is an independent CAM verification layer. Export your GL from your ERP, upload it to CapVeri, and get a second calculation — BOMA 2024 gross-up, cap enforcement, CapEx detection, and a dispute-ready audit trail — before statements go to tenants.
What it does
CapVeri audits the CAM reconciliation your ERP already produces. No integration project, no implementation consultant, no system replacement. Export a CSV, upload it, review the flags. Done in minutes.
Why Landlords Use CapVeri for CAM Audit
Four use cases where independent CAM audit catches what ERP calculations miss.
Pre-statement self-audit
Before reconciliation statements go to tenants, run your GL export through CapVeri. Catch gross-up errors, cap violations, and CapEx misclassifications while you can still issue a corrected statement — not after a tenant's auditor documents them.
Tenant audit defense
When a tenant exercises audit rights, CapVeri produces the documentation they request: expense pool breakdowns, gross-up calculations with BOMA 2024 methodology, cap bank history, and pro-rata denominators — all in an immutable, timestamped record.
Portfolio-wide consistency check
Reconciliation methodology should be consistent across every building in your portfolio. CapVeri applies the same BOMA 2024 gross-up engine and cap enforcement logic to every CSV you upload — flagging buildings where the methodology diverges from the standard.
ERP configuration drift detection
ERPs calculate correctly against their own configuration — but configurations drift when leases are amended without updating system parameters. CapVeri catches the delta between what your ERP calculated and what the lease actually requires.
How It Works
Three steps from GL export to verified reconciliation.
Export GL from your ERP
Run your standard CAM expense report from Yardi, MRI, RealPage, AppFolio, or any ERP. Export to CSV or Excel. No special report format required — CapVeri works from standard exports.
Upload to CapVeri
Upload the CSV to CapVeri and confirm the lease parameters for each tenant — cap percentage, gross-up threshold, exclusions. CapVeri pre-populates from prior reconciliations. Setup takes minutes.
Review flagged discrepancies
CapVeri runs BOMA 2024 gross-up verification, cap enforcement, pro-rata checks, and CapEx screening. Review the flags, address any discrepancies, and send a verified reconciliation — with an immutable audit trail.
What CapVeri Verifies
Every check uses deterministic financial math — no AI approximation on the calculations that determine tenant liability.
Gross-up calculation (BOMA 2024 fixed/variable bifurcation, occupancy threshold per lease)
Pro-rata denominator accuracy (RSF method, total vs. occupied denominator)
CAM cap enforcement — both cumulative (year-over-year bank ledger) and non-cumulative
Capital item detection — flags CapEx charges before they enter recoverable pools
Management fee cap compliance (percentage of controllable expenses)
Base year expense stop adjustments for new services added mid-lease
Supported ERP Exports
CapVeri works from standard exports from supported property management systems. No API integration, no IT involvement, no vendor lock-in.
Yardi Voyager
SSRS CAM expense report → CSV
Yardi Breeze Premier
Reports → CAM/GL summary → CSV
MRI Software
Rapid Reports → CAM detail → CSV
RealPage
Operating statement → GL transaction detail
AppFolio
Reports → expense export → CSV
Sage Intacct
GL expense detail report → CSV
Any system that exports GL expense data to CSV or Excel is compatible. If your ERP is not listed above, contact us.
Pricing
Current packages are Reconcile, Control, Defend, and Enterprise. See the pricing page for current unit limits, monthly and annual options, and trial terms.
View Current PricingFrequently Asked Questions
What is CAM audit software?
CAM audit software verifies that Common Area Maintenance charges billed to commercial tenants are accurate — checking gross-up calculations, pro-rata denominator, expense cap enforcement, capital item exclusions, and management fee compliance against actual lease terms. CapVeri is purpose-built for this verification workflow, running from GL exports produced by your existing ERP without requiring a new integration.
How does CapVeri work as CAM audit software?
Export your GL expense report from your ERP (Yardi, MRI, RealPage, AppFolio, Sage Intacct, or any CSV-capable system), upload it to CapVeri, and review flagged discrepancies. CapVeri runs BOMA 2024 gross-up verification, pro-rata denominator checks, cap enforcement, CapEx detection, and management fee compliance in minutes — producing an immutable audit trail.
Does CapVeri replace my ERP?
No. CapVeri is an independent verification layer, not a property management system. You keep running your existing ERP (Yardi, MRI, etc.) exactly as you do today. CapVeri audits the output — catching gross-up errors, cap violations, and CapEx misclassifications before they reach tenants.
What ERP systems does CapVeri support?
CapVeri works from standard CSV exports from Yardi Voyager, Yardi Breeze Premier, MRI Software, RealPage, AppFolio, and Sage Intacct. If your ERP can export a GL expense report to CSV or Excel, CapVeri can ingest it.
What is the difference between CAM audit software and CAM reconciliation software?
The terms are often used interchangeably in commercial real estate. CAM reconciliation refers to the annual process of comparing actual expenses to estimates and issuing true-up invoices. CAM audit refers to the verification step — confirming that the reconciliation calculations are correct. CapVeri handles both: it automates the reconciliation calculation and audits the results for gross-up accuracy, cap compliance, and CapEx exclusions.
How much does CapVeri cost?
CapVeri starts with Reconcile at $99/month. Control is $249/month, Defend is $499/month, and Enterprise pricing is available above 500 rentable units or 50 buildings. Every self-serve package includes a 30-day free trial with no credit card required.
Run Your First CAM Audit in Minutes
Export your GL expense report from your ERP. Upload it to CapVeri. Get BOMA 2024 gross-up verification, cap enforcement, and a dispute-ready audit trail — before statements go to tenants.
Reconcile $99/month · Control $249/month · Defend $499/month · No credit card required. Add billing before trial ends to keep access.