For finance, accounting, and controllership teams
REAL reads each invoice, codes it, checks it against the lease, and sends only the exceptions to your team.
Why it matters
Manual invoice processing runs days and longer when a charge has to be checked against the lease by hand. REAL reads every payment document, splits it correctly, and checks each charge against the lease that governs it, so the wrong charge is caught before it is paid.
1.2B sq ft
analyzed across enterprise portfolios
8M+
tasks processed across enterprise portfolios
14%
average cost reduction across existing REAL clients
Vendor invoices, landlord and NNN statements, CAM and OpEx reconciliations, and remittances, in any format, with every field linked back to the source document.
Inbound · 1,240 documents this month
Landlord statement
Q4 CAM true-up
Vendor invoice
janitorial · 12 sites
Fields extracted
vendor, dates, amounts, line items, terms
Every field linked to source
REAL splits base rent, CAM, tax, and insurance into separate lines, assigns the property, entity, and period, and applies your coding rules.
NNN invoice · 4200 Main · $18,410
Base rent
$12,000
CAM estimate
$3,900
Real estate tax
$1,810
Insurance
$700
REAL compares every charge to the lease’s scheduled rent, escalations, exclusions, and caps, and flags the ones that do not match before they are paid.
Exception · 4200 Main · Q4 CAM
Capital repair in CAM pool
§7.4(c) excludes
Escalation billed at 8.4%
5% cap · §4.1
Base rent and tax
$5,300 held for review
Invoices that reconcile against the lease process straight through. Duplicates, mismatches, and out-of-tolerance charges go to review with the discrepancy and the clause in view.
This week · 1,240 documents
1,032
processed straight through
208
sent to review, with clause
Approved, coded entries post to Yardi, MRI, or your ERP with an audit trail, and recoverable and pass-through classifications carry into ASC 842 and IFRS 16 treatment and CAM recovery.
Posted · batch 2025-12-03
Recoverable
CAM, tax, insurance
Non-recoverable
ASC 842 / IFRS 16
Audit trail retained
Every workflow, one context
Lease, financial, construction, facilities, and portfolio workflows run on the same asset or location context. What one workflow learns becomes usable by the next, without rebuilding the evidence every time.
Lease Accounting
REAL reads the governing lease and its full amendment chain and builds the payment schedule directly from that source, capturing base rent, escalations, and any negotiated changes without a manual rebuild each time the lease is touched.
The maturity schedule is the ASC 842 / IFRS 16 amortization of the lease liability and right-of-use asset over the remaining term. REAL updates it automatically whenever the lease changes, a renewal, a remeasurement, a rent change, so it never falls a period behind the payment schedule it is built from.
Yes. Once the payment schedule and maturity schedule are current, REAL generates the journal entries with the governing lease clause attached to each one, so the entry is ready for review with its source already documented.
REAL applies the amendment to the same lease record, then carries the change through the payment schedule, the maturity schedule, and the journal-entry impact together, so the remeasurement is booked from the same source rather than reconstructed by hand.
No. REAL feeds your existing ERP and general ledger, it builds the payment schedule, maturity schedule, and journal entries from the lease and hands them off with the source attached, rather than replacing the systems you already post to.
Lease AP Automation checks invoices and payments against the lease before you pay them. Lease Accounting is the calculation layer behind the books: it builds the payment schedule, the accounting maturity schedule, and the journal entries from the same governing lease.
Yes. REAL classifies each lease, runs the applicable ASC 842 or IFRS 16 calculations from the lease itself, and keeps compliance held continuously rather than rebuilt at quarter close.
Lease AP Automation
Mostly manual keying, coding, and routing across many vendors and formats. A single NNN invoice has to be split into rent, CAM, tax, and insurance before it can post, and none of it is checked against the lease.
Benchmarks vary by source and automation level. Ardent Partners’ State of ePayables 2025 puts best-in-class teams roughly 79% below all others, and IOFM puts manual processing around $6.30 per invoice against $1.45 with high automation.
Invoices that reconcile cleanly post with no human touch. Best-in-class organizations reach roughly 35% or more on the 2025 benchmark. The rest still route most invoices through a person.
Traditionally it is invoice plus purchase order plus goods receipt. Most real estate spend is non-PO, so the equivalent is invoice plus lease terms plus accounting context. The lease does the job the purchase order does elsewhere.
Split base rent, CAM, tax, and insurance to the correct GL account, entity, and period, rather than posting one rent line. REAL applies your coding rules and links each line to the source.
It compares each charge to the lease’s scheduled rent, escalations, exclusions, and caps, and flags deviations with the clause attached, so an excluded charge or a misapplied escalation is caught before payment.
Recoverable and pass-through charges such as CAM, tax, and insurance are billed through per the lease. Non-recoverable costs are not. The classification drives both what you can recover and how it is accounted for.
No. REAL overlays Yardi, MRI, and your ERP, adding lease-aware checking and coding under human review. Your systems of record stay the source of record.
Flagging a disallowed charge before payment prevents the overpayment the annual CAM audit would otherwise have to claw back later.