Virtual Premise Releases Advanced Desktop Audit Manager for Tenants to Audit Real Estate Operating Expenses and CAM Charges
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FORT LAUDERDALE, Fla.--Sept. 10, 2006--Tenants now have an exciting new weapon to help them challenge overcharges and errors in Operating Expenses and CAM. Designed for the complex retail market, this new product works equally well for non-retail corporate tenants.
Virtual Premise, Inc. and Asset Strategies Group (ASG) jointly developed this radically new approach to managing Operating Expense and CAM Reconciliations. "After surveying the market, we realized that products available today only offered a place to store expense information, but do very little to reconcile or audit those expenses. We decided it was time to offer a product that actually helps reduce operating expenses," says Mike Pascale, VP Chief Product Officer.
Advanced Desktop Audit Manager can be used on a stand-alone basis with any Lease Administration system, or integrated in the Virtual Premise Global Real Estate Management System(TM). The system uses a unique questionnaire-style customer interface that quickly captures expense provisions and automatically performs key calculations to audit your expenses. Integrated workflow management and built-in document templates create landlord challenge letters so users can manage many audits simultaneously.
Configurable filters identify the best opportunities for cost recovery and streamline the desktop audit process. "Virtual Premise's technology expertise, combined with our years of desktop audit experience resulted in a product that really works!" says Paul Hiers of ASG. "The rapid recovery of overcharges identified by the Advanced Desktop Audit Manager enables users to quickly impact the bottom line."
Virtual Premise is now scheduling demonstrations of its Advanced Desktop Audit Manager. With flexible pricing, an intuitive interface, and quantifiable returns, Virtual Premise has already received tremendous interest in this new product. For more information on the Advanced Desktop Audit Manager, or to schedule a demo, go to www.virtualpremise.com or call 404-267-1730.
About Virtual Premise
Virtual Premise, Inc. (www.virtualpremise.com), Atlanta, GA, is the leading provider of Real Estate Information Management Software. Key Products include Portfolio, Lease, Project, Transaction, and Document Management. Virtual Premise also offers Lease Abstracting, Document Scanning, and Due Diligence Services.
About Asset Strategies Group
Asset Strategies Group, LLC (www.consultasg.com), Columbus, OH, is a leading retail real estate consulting firm providing strategy, desktop audit, deal negotiation, store design/construction, lease administration, and utility bill data entry/presentment services.
Contacts
Virtual Premise, Inc.
Mike Hawkins, 404-267-1721
Fax Number: 404-267-1710
mhawkins@virtualpremise.com
www.virtualpremise.com
