Our signature service supports retail and corporate tenants to retrospectively identify and recoup balances tied up in the ledgers of landlords and their managing agents. This could be due to historical billing discrepancies, misallocations, overcharges and more. Combining our expertise across estate management & property accounts payable, think of us as Accounts Recoverable, operating in that specific 'Venn overlap' between the two teams.
Our expertise in these reconciliation projects has enabled one of our clients to reclaim close to £4million in previously overlooked monies, adding it straight back onto the bottom line. That's previously unaccounted- for sums amounting to 1% of the entire property budget, and - even more startling - 1% of company profits.
Our Signature Service Follow-On
As we’re completing these reconciliation projects, we can help you identify common themes and loopholes to close these gaps for the future. We work as an extension of your teams, bridging and balancing the gap between Estates Management and Property Accounts Payable for blame-free collaboration across departments. We have strong working relationships with key landlords, managing agents and service charge specialists, which allow us to resolve issues efficiently. We can then train your in-house team for continued efficiencies and transparency across your property portfolios, or continue to support you as SmarterEstates.