Real estate and property costs are some of the largest, most important investments companies make, and managing a portfolio of properties can be difficult.  The complexities of lease agreements, intricate billing procedures and unexplained charges increase the potential for overpayments.

PRGX protects clients from property, lease, and CAM overpayments.  Our non-confrontational audit approach is designed to accommodate local business practices and varies based on our client’s operating region.

• In the U.S. and Canada, we review client leases, correspondence, statements, and accounting records to determine if their lease, CAM and other occupancy payments comply with the lease agreement.


• For European clients, we determine client’s ownership or occupation rights and liabilities and then audit the actual payments to verify compliance.

Overpayments and accounting errors discovered by an audit of these transactions and accounts include:

• CAM errors
• Property tax errors
• Percentage rate mistakes
• Incorrect cost allocations
• Tenant-incurred landlord costs
• Rent overpayments
• Service charge & insurance errors
• Rent receivables
• VAT/Stamp Duty errors
• Facilities management errors

PRGX, either directly or through our alliance with KBA Lease Services, assigns specialist auditors to each lease and property audit.  While these auditors analyze contract language, review payments, and work with landlords to recover cash, they are also noting and sharing lease provisions that need to be modified or enhanced.

So, our clients benefit from a no-risk, short-term cashflow from the recovery audit, plus a longer-term reduction in ongoing operating costs.