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The Lean Rent Playbook: How to Avoid Hidden Occupancy Costs
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With Tango's Critical Dates feature, your lease administrators don't have to worry about
tracking important dates and clauses. When an opportunity comes up or a renewal process
needs to get underway, Tango flags it in a convenient dashboard.
Critical Dates keeps you in control of lease renewals and helps your lease administrators find
more savings in less time.
III. Monitoring lease renewal dates and key clauses
Any time a landlord charges you for CAM or other operating expenses, a lease administrator
has to compare that bill with the line items in your lease to make sure you aren't being
overcharged. For large corporations, an entire resource or more can be fully dedicated to
reconciling invoices and payments.
Tango's CAM/OPEX Reconciliation feature organizes expenses for every lease into convenient
categories, making it easy for administrators to examine them across your entire portfolio or
a specific lease. Any time they enter a landlord's invoice into Tango, our software reconciles it
against the specific terms of your lease, including caps and exclusions—so you never pay for
expenses you aren't responsible for.
This can shave off about one-third of the time your team has to spend managing and
reconciling invoices every week.
IV. Reconciling invoices and payments
