How does CRS gather the preliminary review information for a large portfolio?
CRS will work with the Client to identify potential audit candidates; and based on our experience and the Client’s specific requests, we will identify those locations that should provide the greatest economic benefit. Typically in a large portfolio of lease locations (over 250), about 20% of that number account for over 80% of total occupancy costs. Once the audit candidates are identified and prioritized, CRS will go to the repository of the lease and billing information and perform the preliminary review and catalog any missing information. CRS will formulate an effective strategy to gather the missing information that will least disrupt the Client’s day to day activities.
