As your business grows, tracking rent payments, lease dates, and accounting compliance can be time-consuming. Our lease management services streamline these processes, helping you build a strong real estate portfolio, reduce risks, and maximize savings.
With over two decades of experience, PreludeSys offers cost-effective and accurate lease management services, including lease audits, compliance, and asset-level reporting, all tailored to evolving lease standards. Partner with us to optimize your real estate management efficiently.
Abstracting lengthy and broad-scope leases quickly and maintaining the lease portfolio is a challenge for property management companies.
PreludeSys’s lease abstraction services offer a cost-effective, quality-focused approach to lease abstraction and follow new lease standards.
We cater to the client’s specific needs and provide solutions via abstraction templates or through other formats such as XML, PDF, Microsoft Excel, and Word.
Common Area Maintenance costs can be a significant expense and it is essential to reconcile these costs regularly to ensure that both the landlords and tenants pay their fair share. Our CAM Reconciliation Services are designed to help you keep these costs under control and ensure that you only pay for what you need.
As a landlord we can help you recover your expenses for operating and maintaining the common areas of the property. Our team leverages cutting-edge technology and industry best practices to ensure that all expenses are properly documented, allocated, and reconciled.
We help companies optimize their real estate spending to reduce unnecessary overhead and save real estate costs.
As part of our lease audit services, we examine your lease agreements’ financial clauses relevant to your property owners’ billing. This guarantees that what you pay conforms to your leases terms and industry norms. For real estate companies that deal with a vast portfolio of assets, it is necessary to maintain lease data that is accurate and reliable. Frequent lease audits ensure that your financial and non-financial lease data are up to date and comply with the most recent amendments and negotiations.
Our lease experts have extensive knowledge of the commercial leasing process and will help you implement best practices to streamline your lease management services.
For tenants, CAM audits are essential in ensuring that property expenses are calculated and paid fairly. As tenants, it can help you ensure that you’re not overcharged. By reviewing the financial records and invoices, our auditors can help you identify any discrepancies in how the expenses are allocated and ensure that they align with the industry standards.
At PreludeSys, we also review the existing processes and procedures for managing your CAM expenses.
PreludeSys offers comprehensive lease accounting services that help you meet your compliance obligations and improve your financial operations.
Our team of experts are well versed in the lease accounting standards outlined by the FASB (Financial Accounting Standards Board) and IASB (International Accounting Standards Board). We work closely with our clients to ensure they accurately capture, record, and report their lease transactions. We offer end-to-end comprehensive suite of services, including Accounts Payable Service, Supplier Reconciliation, Payment Process, Order to Cash, and Record to Report services.
We provide top-notch multilingual lease translation services to property managers to help them manage their reputation and reduce costs. Our in-house team of native language speakers and translators ensures the timely and efficient translation of documents in over 25 languages.
One of the key benefits of working with us is we have highly experienced native speakers who specialize in translating these lease agreements. We ensure your lease agreements are accurately translated and abstracted with data consistency across multiple languages.
Our lease translation services also provide flexible and tiered pricing options to cater to different language groups. We classify the languages into three tiers based on the level of expertise.
DFIN’s eBrevia tool is a cutting-edge AI-powered contract analysis software that extracts key provisions and data points from thousands of documents swiftly and accurately. Harnessing the power of natural language processing and machine learning, eBrevia can scan more than 50 documents a minute, with high accuracy and 30-90% faster than a manual review. Its benefits include customizable integrations via an open API, easy cloud platform implementation, and robust security measures. PreludeSys, an eBrevia partner, leverages this tool for lease abstraction services, taking full advantage of its extensive pre-trained provisions library, yet customizable to meet specific business needs. With eBrevia, PreludeSys can deliver the most efficient, reliable, and secure lease abstraction services.