% Savings from Audits

Identifies operational performance of common area maintenance (CAM) / operating expense (OPEX) audits in avoiding non-contracted payment line items.

Details of the metric Description
Name % Savings from Audits
Category Operational
Analysis objective Determines effectiveness of CAM and OPEX audits.
Description Calculates audited payment savings against invoiced amounts.
Source Customer Focus Group
Measurement
  • Total of Payment Difference
  • Total Amount Billed per Landlord
Dependent data that is calculated Payment Reconciliation:
  • Amount Billed per Landlord
  • Payment Difference
Roles RE Contract Manager
Display chart types
  • Value-based: Horizontal Grouped Bar (percent) Chart
  • (Capture Period: Vertical Grouped Bar (percent) Chart)
Thresholds
  • Low Threshold: .02 (2%)
  • High Threshold: .05 (5%)
  • Range 1: Poor/Negative/Red
  • Range 2: On Target/Caution/Yellow
  • Range 3: Good/Positive/Green
Fact details Module: triMetricFact

Business Object: triREPaymentReconciliationFact

Metric Queries: triREPaymentReconciliationFact - Metric - % Savings From Audits
Drill paths
  • Tenant Organization
  • Geography
  • Cost Code
  • Contract Name
  • Capture Period
Interactive filters
  • Tenant Organization
  • Geography
  • Contract Name
  • Cost Code
Static filters
  • Payment Reconciliations within data point refresh period
  • RE Contracts filtered to Active User (USERID) = Project Manager
Time Months
Data point refresh rate Monthly
License dependency
  • Real Estate
  • Facilities
Functional dependency
  • Space Use Agreements (Real Estate)
  • Space Allocations (Facilities)