Lease Review &
Monitoring multiple terms in a number of contracts requires
rigorous review and analysis. You can achieve accuracy in the
process, provided all the key lease terms and provisions
are captured, standardized, and organized to enable quick access.
Our Lease Review & Abstraction will transform the unstructured
data into a simplified format to help you easily deduce a lease’s
performance and the action needed.
Your lease portfolio comprises a horde of leases and terms
to be tracked. Cenza helps you in establishing a powerful lease
administration system to get notified of the dues, deadlines,
and obligations on time. It facilitates direct communication
to keep your tenants and other third parties informed on
notices and other updates.
It is not only time-consuming but needs extreme diligence to avoid
even minor errors. You can further your accounting team’s efficiency
with our experts on board to effectively manage Accounts Payable,
Accounts Receivable, and General Ledger. With expertise in various
accounting systems, such as MRI, Yardi, and JD Edwards, and platform
integration, we are indeed the destination for all your
Lease Accounting needs.
With the evolving norms in lease administration, a thorough analysis
of each lease is imperative. Thus, our Lease Management experts
verify all your lease types for compliance with IFRS and
FASB accounting standards. As a part of the validation process,
we provide a detailed report comprising all the data points
of strategic importance.
Common area maintenance charges make up the major
share of operating expenses, such as ongoing maintenance
and need-based servicing. Assessing the CAM charges of
all the assets by taking various factors into account
is indeed time intensive. Besides, a minor discrepancy
could cause a huge loss for a prolonged time. Thus, Cenza
takes complete charge of precisely analyzing the CAM
charges for different properties, ensuring compliance,
and maximizing your profits.
We execute the audit from the perspective of property
owners and tenants as well. Because an ethical
calculation for a fair share of CAM expenses helps
in building trust and long-term partnership. Therefore,
Cenza does a neutral cost computation to eliminate any
miscalculations, help tenants comprehend the process,
and simplify the CAM charges recovery.