CBRE invests in tools, processes and control systems specifically aimed at enhancing our service charge service.
Our systems deliver you the following benefits:
Budgeting according to Clients and property requirements.
Service Charge accounts reconciled back to the Trial Balance on quarterly basis to ensure all transactions are correctly accounted for.
Quarterly reviews to track any variance against budget. The property manager runs detailed review of expenditure against budget and prior year, working with accountancy team to produce a complete variance analysis and ensure accuracy in terms of processing and allocations quarterly.
Financial adjustments / true ups are processed quarterly in line with owner’s requirements.
Income reviewed and reconciled quarterly to ensure optimized cash flow.