CAM Reconciliation for Directors of Property Management
Scale your team's capacity without scaling headcount
What Keeps You Up at Night
Q1 crunch requires all-hands: property managers, controllers, and accountants overwhelmed simultaneously
No standardized reconciliation process: each controller has their own method, spreadsheet, and error rate
Disputes from prior years still being managed while new cycle starts
New team members take 2-3 years to fully understand CAM reconciliation nuances
Adding buildings to the portfolio increases workload linearly, with no economies of scale
Your Typical Reconciliation Workflow
Directors oversee the reconciliation process from a management perspective: setting timelines, allocating staff, resolving escalated issues, and reviewing statements before they go out. They also field calls from tenants and tenant representatives during dispute season.
Time Spent on CAM
Directors of property management spend much of Q1 on reconciliation. They review output, manage disputes, and coordinate teams.
Common Errors in Your Role
Inconsistent reconciliation methodology across buildings: no standardized process for gross-up, caps, or exclusions
Statements sent without independent review: errors discovered by tenants instead of internally
Dispute backlog from prior years consuming current-year capacity
Onboarding new properties without standardized CAM setup verification
No benchmarking of reconciliation timing against industry peers: 90-day statements are avoidable
How CapVeri Helps
CapVeri standardizes the reconciliation process across your entire portfolio. Every building follows the same methodology. Every statement gets independently verified against lease terms before it goes out. Directors get a single dashboard view of reconciliation status, errors found, and statements ready for review.
Time Savings
CapVeri runs the same method on every building. Your controllers review and approve instead of building each reconciliation from scratch.
Need lease data before you reconcile?
lextract.io abstracts commercial leases into 126 structured fields in minutes - CAM definitions, pro-rata share, caps, base year, and more. No manual data entry.
Go to lextract.ioResources for Director of Property Managements
Free Tools for Director of Property Managements
See What CapVeri Finds in Your Reconciliations
Export your GL data from Yardi, MRI, or any ERP. Upload to CapVeri for independent verification of every calculation. The same errors tenant auditors look for, caught before statements go out.