SAP Common Area Maintenance Expense Recovery
Optimizes Property Portfolio Management
If you operate shopping centers, retail malls, office buildings or industrial parks, you're managing large numbers of leases that include usage of common areas. How you negotiate individual tenant rules to recover common area maintenance expenses or distribute metered expenses to tenants impacts your profitability. You can take charge of those expenses and improve your bottom line with the SAP Common Area Maintenance (CAM) Expense Recovery application.
SAP CAM Expense Recovery is an add-on solution for SAP Commercial Real Estate Management. CAM Expense Recovery automatically and accurately passes-through charges to tenants for maintenance of common areas, direct expenses, and meter-based distribution in commercially-leased properties. With CAM, commercial retail and office property managers can recover expenses based on specific lease terms and agreements with tenants, regardless of the number of tenants or building sites. Expenses can be calculated at any time during the lease term for full reimbursement of common area maintenance expenses.
Resold and implemented by B4 Consulting, CAM is fully integrated into SAP Real Estate Management and SAP Business Suite solutions, eliminating the need for spreadsheets or stand-alone solutions.
-
Supports setup of numerous expense types per site and various expense recovery settlement calculation methods.
- Uses Real Estate Lease & Contract Tenant information for the Expense Recovery Settlement. No need for duplicate data entry.
- Accommodates different settlement intervals and a variety of predefined calculation methods.
- Automatically identifies expenses for recovery and provides a fully automated step-by-step expense settlement process.
- Fully integrated with SAP Financials for consistent calculations, postings, and invoicing.
- Implementation on SAP ECC 6.0, EhP 5 with SAP Real Estate Management activated and configured
- Automate processes to timely calculate common area expenses and pass-through correct common area charges to tenants.
- Optimize property portfolio management by effectively controlling expense recoveries; improve investment planning by receiving full reimbursement for common area invoices.
- Reduce TCO with continuous cost control and monitoring of all expense types and provide a correct common area maintenance expense calculation.
- Tailor settlement programs with solution's inherent flexibility. Option to manually adjust results for current period and adjust expenses during simulation and ability for customer specific calculation methods.
