What CAM Reconciliation Software Saves You
CAM billing errors average 1-6% of charges. On a typical building, that is $5,900-$35,300 per year. Manual spreadsheets often miss it. CapVeri checks it in minutes.
The Cost of Doing Nothing
Manual reconciliation leaves billing errors in place. They compound year over year and are hard to find without a systematic check.
Undetected Billing Errors
1-6%
Industry benchmarks show CAM charges contain 1-6% in errors on average. For a building with $590K in operating expenses, that is $5,900-$35,300 in annual overcharges going undetected.
Tenant Audit Exposure
30%+
Over 30% of commercial tenants exercise their audit rights. When your reconciliation has inconsistencies, tenant auditors find them and you pay for their audit costs plus the refund.
Late Reconciliation Penalties
90-180 days
Most leases require reconciliation within 90-180 days of year-end. Miss the deadline and you may lose the right to collect true-ups for the whole year.
Staff Time and Key-Person Risk
40-80 hrs
Manual reconciliation takes 40-80 hours per building per year. When the one analyst who built the spreadsheet leaves, the process knowledge goes with them.
ROI by Portfolio Size
Based on the industry benchmark of $5,900-$35,300 in recoverable errors per building per year. Your actual recovery depends on lease complexity and current process maturity.
Small Portfolio
5 buildings
Potential Annual Recovery
$29,500 - $176,500
CapVeri Annual Cost
$998/yr(Reconcile (25 units) annual plan)
Return on Investment
25x - 149x
Mid-Size Portfolio
20 buildings
Potential Annual Recovery
$118,000 - $706,000
CapVeri Annual Cost
$4,578/yr(Reconcile (125 units) annual plan)
Return on Investment
39x - 236x
Enterprise Portfolio
50 buildings
Potential Annual Recovery
$295,000 - $1,765,000
CapVeri Annual Cost
$17,303/yr(Reconcile (500 units) annual plan)
Return on Investment
49x - 295x
These numbers come from other buildings, not yours. Check your own numbers before you act on them.
Time Savings: Manual vs. CapVeri
A single building reconciliation broken down by task. At $50-$100 per analyst hour, the labor cost alone exceeds CapVeri's annual subscription.
| Reconciliation Task | Manual | CapVeri |
|---|---|---|
| Pull GL data and map to lease categories | 8-16 hours | Minutes (CSV upload) |
| Calculate gross-up adjustments | 4-8 hours | Automatic |
| Enforce expense caps (cumulative + non-cumulative) | 4-8 hours | Automatic |
| Validate pro-rata share allocations | 4-8 hours | Automatic |
| Identify CapEx misclassifications | 8-16 hours | Flagged automatically |
| Document audit trail | 8-16 hours | Built-in |
| Total per building per year | 40-80 hours | Under 15 minutes |
Pricing That Pays for Itself
See pricing for your rentable unit count. Reconcile includes a30-day free trial. No credit card required to start. Add annual billing before the trial ends to keep access. with no credit card required.
Reconcile
starts at $998/year with 80OFF
80% off the first year. First 300 redemptions only.
Minimum subscription includes up to 25 active rentable units. One recovered error can pay for years of the subscription.
Frequently Asked Questions
How much can CAM reconciliation software save per building?
Industry benchmarks show CAM billing errors averaging 1-6% of total charges. For a typical Class A office building with $590K in annual operating expenses, that translates to $5,900-$35,300 in potential recovery per building per year. The exact amount depends on lease complexity, number of tenants, and how many manual touchpoints exist in your current process.
What is the payback period for CAM reconciliation software?
Most portfolios achieve payback within the first building reconciled. Reconcile starts at $998/year with 80OFF. List price starts at $4,990/year for up to 25 rentable units. 26-150 units: $179 per extra unit/year; 151-500 units: $169 per extra unit/year; 501-2500 units: $159 per extra unit/year; 2501+ units: $149 per extra unit/year. 80% off the first year. First 300 redemptions only.. With an average modeled recovery of $5,900-$35,300 per building, the software can pay for itself several times over on a single building.
How much time does manual CAM reconciliation take?
Industry surveys report 40-80 hours per building per year for manual CAM reconciliation in spreadsheets. This includes pulling GL data, mapping expenses to lease categories, calculating gross-up adjustments, enforcing caps, validating pro-rata shares, and documenting the audit trail. CapVeri reduces this to minutes per building by automating the calculation and validation steps.
What are the hidden costs of manual CAM reconciliation?
Beyond direct labor costs ($2,000-$4,000 per building at typical analyst rates), manual reconciliation creates hidden costs: missed billing errors that compound year over year, tenant audit exposure from inconsistent calculations, late reconciliation penalties when deadlines slip, and key-person risk when the one analyst who understands the spreadsheets leaves.
Does CapVeri offer a free trial?
Yes. CapVeri offers a 30-day free trial. No credit card required to start. Add annual billing before the trial ends to keep access. with full access to all features. You can upload your GL data, run reconciliations, and see exactly what errors the platform finds before committing to a subscription. No credit card required to start, and you add billing before the trial ends to keep access.
How does CAM reconciliation software compare to outsourcing?
Outsourced CAM reconciliation typically costs $2,000-$5,000 per building per year and involves 2-4 week turnaround times. CapVeri's Reconcile subscription uses 80OFF for 80% off the first year. First 300 redemptions only. and returns results in minutes. You also retain full control of the process, maintain a complete audit trail, and can re-run reconciliations whenever lease terms change or new GL data arrives.
See Your Portfolio's Recovery Potential
Upload one building's GL data during your 30-day free trial. No credit card required to start. Add annual billing before the trial ends to keep access.. No credit card needed. See what CapVeri finds before you pay anything.
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