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Property Controller

Catch CAM Errors Before You Send Them

Angel Campa·Founder, CapVeri·

You do the reconciliation. You catch the heat when a tenant finds an error. CapVeri checks your work first. Statements go out clean.

Q1 Is You, A Spreadsheet, and 30 Buildings

Every January you pull the year-end GL from Yardi or MRI and start the grind. Load it into Excel. Match each tenant's estimates to actuals. Apply gross-up. Check the caps. Build the statement. Then do it again for the next building, and the next. A 30-building portfolio can eat six to ten weeks of your time.

The problem is not just the hours. It's that one wrong number sticks to you. A gross-up applied to fixed costs. A cap that reset wrong after a renewal. A GL account nobody mapped. You won't see it. The tenant's auditor will, two years later, and it lands back on your desk.

A Second Set of Eyes on Every Building

Upload your ERP export. CapVeri rebuilds every tenant's reconciliation from scratch, on its own, without trusting your ERP's setup. Then it shows you every gap and names the exact lease clause it breaks.

You stop building statements from a blank sheet. You review what CapVeri already checked, fix what it flags, and send with proof behind every line. The errors get caught now, in your office, not later in a tenant audit.

Want more? Read the CapVeri for Property Controllers CAM guide. It shows the errors and time you save in your role.

What You Get With CapVeri

Independent Recalculation

CapVeri redoes gross-up, caps, admin fees, and tenant shares on its own. It never just trusts what Yardi or MRI hands you.

Clause-Level Flags

Every gap comes with the lease clause it breaks and the dollar amount it costs. No guessing why a number looks off.

GL Coding Checks

Spots accounts added mid-year that never got mapped and CapEx that slipped into the operating pool.

Review, Don't Rebuild

Shift from weeks of hand-built math to days of review and approval per portfolio.

60-75%
Less time per building reconciliation
6-8 wks → 1-2
Typical 30-building season
Before
Errors caught pre-send, not post-audit

How It Works

1

Export Your GL

Pull the year-end GL from Yardi, MRI, or any system that writes a CSV. No special report needed.

2

Upload to CapVeri

Drop the file in. CapVeri reads the format and maps your expense codes to standard CAM pools.

3

Review the Flags

See every error with its lease clause and dollar impact. Approve or fix each one.

4

Send With Proof

Export tenant statements where every figure traces back to a GL line.

Frequently Asked Questions

Do I have to replace Yardi or MRI?

No. CapVeri sits next to your ERP. You keep running Yardi or MRI and just export the GL to CapVeri to check the math. No migration, no IT project.

How does it catch gross-up errors?

CapVeri recalculates gross-up from your lease terms, not your ERP's settings. If a fixed cost was grossed up, or the wrong occupancy threshold was used, it flags the line and shows the gap.

What if my buildings have different lease terms?

You set each tenant's terms once: cap type, gross-up threshold, exclusions. CapVeri applies them per tenant on every cycle.

Can I do a whole portfolio at once?

Yes. Upload exports for every building. CapVeri runs them together and lets you review each one on its own.

CapVeri for Other Roles

See Your Next Reconciliation Before It Ships

Upload one building's GL export and watch CapVeri redo the math. Your first audit is free, no card needed.

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