Auditing-lease-accounting

Overcome Operating Expense Reconciliation Challenges Through Adam

The Advanced Desktop Audit Manager (ADAM) is a comprehensive, easy-to-use lease auditing tool that complements the CoStar Real Estate Manager Portfolio Module to help companies conduct more accurate and efficient audits of pro-data charges, taxes and insurance. ADAM helps customers:

  • Identify operating expense savings
  • Improve workflow and business processes
  • Track audit details all year
  • Reconcile statements, manage notifications, validate calculations and manage correspondence.

Some of its features include:

  • Audit-optimized abstract forms included
  • Lease-centric audit review
  • Simple questionnaire-style input
  • User-definable filters
  • Real-time status and error checking
  • Error calculation and storage
  • Automated document generation for error, credit letters, etc.
  • Help screens
  • Savings log
  • Can be integrated with third-party accounting (AP and AR) software

Interested in reading the full document? Click here.