Our CAM audits have recovered over $10M for retail and commercial tenants. On average, 1 in 3 tenants unknowingly overpay by 12-18% annually.
What we do
We meticulously verify every expense, ensuring that all charges align with your lease agreements and nothing is overlooked.
We dive deep into your lease agreements, guaranteeing compliance and preventing costly discrepancies before they arise.
Our reports are clear, concise, and actionable. Gain the insights you need to make informed decisions and maintain financial transparency.
When disputes occur, our seasoned team steps in, resolving issues swiftly and effectively to keep your operations running smoothly.
Tailored CAM audit solutions designed to meet the unique needs of different industries.
Maximize Profit Margins with Precise CAM Audits
Optimize your operational costs and elevate your bottom line through meticulous Common Area Maintenance (CAM) audits that identify and correct discrepancies.
Achieve Fair Charge Allocation
Ensure equitable distribution of shared costs and enhance trust with tenants through transparent and accurate CAM audits.
Ensure Compliance and Reduce Overhead
Maintain strict regulatory compliance and minimize operational overhead with detailed CAM audits tailored to the unique demands of industrial properties.
Our streamlined process ensures efficient and thorough CAM audits with minimal disruption to your operations.
Provide access to your CAM data and our experts will conduct a comprehensive review to assess the scope of your audit needs. You'll receive a detailed breakdown of our services and associated costs.
Our onboarding process begins immediately after contract execution. We ensure the accuracy of your financial data, streamline operational processes, and address any backlog in your CAM accounts. Expect results in just ~2 weeks.
Post-onboarding, our dedicated CAM audit team handles your monthly bookkeeping with precision, acting as an extension of your team to guarantee timely and accurate financials every single month.
Benefit from a dedicated team focused solely on resolving your CAM audit challenges swiftly and efficiently.
Each month, our team ensures all transactions are meticulously reviewed, providing you with detailed reports and actionable insights.
Our services integrate seamlessly with your existing property management system, with no extra IT support needed.
Round-the-clock expert assistance ensures you're never left in the dark.
Our audit plans are customized to meet your specific needs, ensuring you get the precise support your business requires.
We understand the importance of time, delivering efficient audits in record time so you can focus on what matters most.
Experience the benefits in just days with our streamlined process, ensuring minimal disruption.
Our services integrate seamlessly with your systems, requiring no extra IT support. Focus on what matters most—your business.
4 Years in a row
Springbord can begin your CAM audit process almost immediately after the contract is finalized and access to the necessary data is provided. Typically, our team initiates the audit right away, with a comprehensive initial report ready within two to three weeks, depending on the complexity of your portfolio.
Outsourcing your CAM audit to Springbord offers significant cost benefits. You can reduce overhead costs by up to 30% compared to maintaining an in-house auditing team. Additionally, our specialized services are designed to identify potential savings, often leading to cost recovery of 5% to 15% of total CAM expenses.
Springbord's CAM Audit Services cover a wide range of activities essential for accurate and compliant CAM management. Our services include a comprehensive review of lease agreements, a thorough reconciliation of CAM charges, and meticulous verification of expense allocations. We also focus on identifying billing discrepancies to ensure fair and justified charges. Finally, we provide actionable insights and recommendations to help you optimize your CAM recovery.
Our CAM Audit specialists bring extensive experience across various sectors, including retail, office spaces, and industrial properties. For retail real estate, we audit CAM charges for shopping centres, malls, and retail properties. In office spaces, we ensure fair charge distribution and transparency, while for industrial properties, we focus on compliance and cost control, tailoring our audits to the specific needs of each industry.
Springbord's CAM Audit team integrates seamlessly with your existing accounting and property management systems, ensuring smooth data flow with minimal disruption to your operations. Our approach is designed to be efficient, allowing us to provide accurate and timely audit results without interrupting your business processes.
To ensure accuracy in CAM charges, Springbord employs a rigorous audit process. We cross-reference lease agreements with actual expenses, validate expense allocations, and conduct thorough compliance checks to ensure all charges align with lease terms and industry standards. Any discrepancies identified are promptly corrected, ensuring that CAM charges are fair and accurate for all parties involved.
You can expect detailed, easy-to-understand reports from Springbord's CAM Audit Services. These reports highlight discrepancies, outline potential savings, and clearly recommend optimizing your CAM charges. Designed to offer actionable insights, our reports help you make informed decisions that contribute to the effective management of your property's CAM expenses.
Ready to transform your financial operations? Take the first step with our complimentary CAM audit. Our expert services uncover potential savings, ensure accuracy, and enhance operational efficiency in your property management—driving your business forward with confidence.
Common Area Maintenance (CAM) audits play a crucial role in ensuring that tenants and landlords reconcile expenses accurately. These audits help ensure that commercial tenants...
30% of CAM reconciliations contain errors, leading to financial discrepancies and disputes between landlords and tenants according to the Journal of Property Management...
Common Area Maintenance (CAM) charges are a significant expense for tenants in commercial real estate. These charges cover shared property costs...
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