CAM reconciliation is one of the most error-prone processes in CRE property management, with 25-35% of statements containing errors. Manual reconciliation requires cross-referencing each tenant's unique lease provisions against actual expenses — a process that takes 2-4 weeks for a mid-size property and generates significant tenant disputes.
Extract lease-specific CAM provisions for every tenant (inclusions, exclusions, caps, proportionate share method, gross-up requirements) using AI abstraction.
Classify actual GL expenses against each tenant's specific lease definitions.
Apply tenant-specific adjustments (caps, exclusions, management fee limits) automatically.
Calculate each tenant's proportionate share using the correct methodology.
Generate reconciliation statements with audit trails linking every charge to source data.
Flag variances and anomalies for human review before distribution.
Automate This Workflow
Crevanta provides the extraction and structuring foundation that makes CRE workflow automation possible.