CapVeri + MRI: Find CAM Billing Errors Faster
Export your MRI recovery billing data. Upload it to CapVeri. Get an independent verification in minutes -- no API connection, no MRI marketplace app.
MRI Software powers recovery billing and lease administration for some of the largest commercial real estate portfolios in North America. Its flexible configuration handles complex multi-pool recovery structures, floor-vs-building allocations, and variable rate billing. But that flexibility also means more configuration surfaces where errors can hide.
CapVeri provides an independent check on MRI's recovery billing output. You export your existing CAM reconciliation reports from MRI, upload the CSV to CapVeri, and our calculation engine verifies every allocation, share type, and recovery rate against your lease terms. No IT involvement, no API keys, no MRI consultant fees -- just your standard report export.
How to Connect MRI Software to CapVeri
Run the Recovery Billing Report in MRI
Navigate to MRI's Recovery Billing module and run the CAM Reconciliation or Recovery Variance report for your target property and reconciliation period. Select all recovery pools and tenant records you want to verify.
Export to CSV or Excel
Use MRI's export function to save the report as CSV or Excel. The export should include tenant identifiers, share types, allocated amounts, estimated billings, actual expenses, and reconciliation adjustments.
Upload to CapVeri
Log into CapVeri, create or select your property, and upload the MRI export file. CapVeri's MRI-aware parser recognizes MRI's recovery billing field names and automatically maps the data -- no manual column configuration needed.
Review Discrepancies
CapVeri compares MRI's billed amounts against its own independent calculations and presents every discrepancy with a clear explanation: which tenant, which expense pool, expected vs. actual amount, and the likely root cause.
What CapVeri Finds in MRI Software Exports
Share Type Errors
MRI supports multiple share types (pro-rata, fixed, percentage, and custom formulas). CapVeri verifies that each tenant's share type matches the lease and that the calculated amount is correct for that share methodology -- catching cases where a tenant was switched to the wrong share type during a lease renewal.
Floor-vs-Building Allocation Mistakes
Multi-building and multi-floor properties in MRI require careful configuration of allocation hierarchies. CapVeri flags tenants whose expenses are allocated at the wrong level -- for example, a tenant being charged building-level insurance costs when their lease specifies floor-level allocation only.
Recovery Billing Rate Discrepancies
Estimated CAM billing rates in MRI should approximate actual expenses to minimize year-end reconciliation swings. CapVeri identifies tenants where the estimated-to-actual variance exceeds industry norms, helping you adjust billing rates before the next cycle.
Excluded Expense Violations
Leases commonly exclude specific expense categories from CAM recovery -- capital improvements, above-standard cleaning, or landlord-specific costs. CapVeri cross-references your GL line items against standard exclusion patterns and flags any potentially non-recoverable expenses included in recovery pools.
Time Savings
Frequently Asked Questions
Does CapVeri need API access to MRI?
No. CapVeri works entirely from CSV or Excel exports generated by MRI's built-in reporting tools. There is no API integration, no MRI marketplace listing, and no need to involve MRI support or your IT team.
Which MRI modules does CapVeri verify?
CapVeri verifies output from MRI's Recovery Billing module, including CAM, tax, and insurance recovery pools. If you can export the reconciliation data to CSV, CapVeri can verify it.
Can CapVeri handle MRI's custom share formulas?
Yes. During property setup, you enter the share methodology for each tenant as specified in their lease. CapVeri calculates the expected share independently and compares it to MRI's output, regardless of whether MRI used pro-rata, fixed, or custom formula share types.
How does CapVeri handle multi-entity portfolios in MRI?
Each property in CapVeri maps to a single building or recovery unit. For multi-entity portfolios, you upload one export per property and CapVeri verifies each independently. Cross-property reporting is available on the dashboard.
Other Integrations
Verify Your Next MRI CAM Reconciliation
Upload your MRI recovery billing export and get an independent verification report in minutes. Free trial -- no credit card, no MRI integration needed.
Start Free Trial