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Our team will comb through your lease documents and billing paperwork to identify cost savings and uncover any errors, omissions and misstatements that may have occurred.
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Lease Auditing Services
Services
Our team will comb through your lease documents and billing paperwork to identify cost savings and uncover any errors, omissions and misstatements that may have occurred.
Simple Contact Form
How We Can Help
Lease Audit Services
Lease audit services are designed to analyze and review your lease documents, billing statements, and related expenses to maintain accuracy and identify cost-saving opportunities. At Scribcor Global, our lease audit services help businesses like yours uncover errors, misstatements, and discrepancies in lease agreements and payments.
With our expertise, we ensure that you are not overpaying and that your portfolio is in compliance with lease terms and industry standards. Our team identifies hidden savings and helps you negotiate better terms with landlords.
How Our Lease Audit Services Work
At Scribcor Global, we specialize in providing thorough and effective lease audit services. Our approach involves two main types of audits, each tailored to your needs: the desktop lease audit and the full lease audit.
Desktop Lease Audit
A desktop lease audit is an initial review of lease documents and billing records. Our team examines lease agreements, landlord expense reconciliation bills, supporting documents, and trends in current and prior years’ expenses. We identify discrepancies in lease terms and charges that may be unsupported.
After the review, a confidential report highlights anomalies. With your approval, we will approach the landlord to address these issues and recover potential overpayments.
Full Lease Audit
If a desktop audit reveals significant discrepancies, a full lease audit provides a more comprehensive review. This involves examining the landlord’s books, general ledger, occupancy schedules, service contracts, vendor invoices, and other property-related documents.
After completing the audit, we draft a report for your review, and following approval, we issue a final report to support negotiations with the landlord. Our team guides you through the process, offering expertise and addressing any disputes that arise.
Benefits of Lease Audit Services
Cost Savings
The primary benefit of our lease audit services is identifying cost-saving opportunities. Our audits highlight overcharges, billing errors, and other discrepancies that can lead to significant savings for your business. We help you avoid overpaying for rent or other property-related expenses, which directly impacts your bottom line.
Improved Compliance
Our team ensures that your lease agreements and billing statements comply with all relevant legal and industry standards. We help you stay up-to-date with changes in regulations and avoid penalties for non-compliance. By conducting thorough audits, we reduce the risk of errors and make sure that your lease obligations are met.
Accurate Financial Reporting
Our audits offer clear, accurate financial reporting, so you can make better-informed decisions about your real estate portfolio. With accurate data at your disposal, you can more effectively manage expenses, track lease terms, and make timely adjustments to your financial planning.
Stronger Lease Negotiations
Identifying billing errors or discrepancies through our lease audit services can give you an advantage during lease renegotiations. We equip you with the necessary information to negotiate favorable terms with landlords, potentially lowering your rent or securing better contract terms.
Our team supports you every step of the way and gives expert advice to help you achieve the best outcome.
Why Choose Scribcor Global for Lease Audit Services?
Reliable and Accurate Data
At Scribcor Global, we take pride in providing accurate and reliable data through our lease audit services. We focus on thorough documentation review and bring you clear reports that highlight any discrepancies. With our services, you can trust that your lease portfolio is being properly managed and that your financial data is up-to-date.
Expert Knowledge and Support
Our team is composed of professionals with years of experience in lease administration, accounting, and auditing. We understand the nuances of lease agreements and the importance of accurate billing. By partnering with us, you gain access to a team that is not only skilled but also deeply committed to your success.
Tailored Solutions for Your Business
We recognize that every business has unique needs. Whether you have a single lease or a large portfolio, we tailor our lease audit services to suit your specific requirements. We work with you to understand your challenges and create custom solutions that meet your goals.
Frequently Asked Questions (FAQ) About Lease Audit Services
What is the difference between a desktop lease audit and a full lease audit?
A desktop lease audit is an initial review of your lease documents and billing statements to identify errors and discrepancies. If the desktop audit reveals the need for further examination, a full lease audit is conducted. The full audit involves a deeper review of the landlord’s financial records, including the general ledger and vendor invoices.
How can lease audits help save my business money?
Lease audits identify overcharges, billing errors, and discrepancies in lease agreements that could result in your business overpaying. By identifying these issues, we help you recover overpaid amounts and reduce future operating expenses.
How long does it take to complete a lease audit?
The timeline for completing a lease audit depends on the complexity of the lease agreement and the amount of documentation that needs to be reviewed. A desktop lease audit typically takes less time, while a full lease audit can take longer due to the need for deeper investigation. We will give you an estimated timeline based on the scope of the audit.
What happens after the lease audit is completed?
Once the audit is completed, we provide you with a confidential report that outlines any discrepancies and areas for potential cost recovery. We will then work with you to address these issues with the landlord and negotiate any adjustments to your lease terms.
How does Scribcor Global support me throughout the audit process?
We support you from start to finish. Our team works with you to understand your lease portfolio, conducts a thorough audit, and helps address any discrepancies with the landlord. We also give guidance during negotiations to help you achieve favorable results.
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Schedule a Meeting Today
Are you ready to uncover savings and ensure the accuracy of your lease agreements? Contact us today to schedule a meeting. Our lease audit services are designed to help you streamline your real estate management, reduce costs, and optimize your lease portfolio.