Level 1a service saved $6.5 Million
CAM Auditing Provides Occupancy Cost Savings for 4 Year Client
Rent-A-Center’s portfolio increased to more than 2,900 locations bought through rapid growth and acquisitions. Rent-A-Center requested assistance with CAM auditing services to elicit additional occupancy cost savings opportunities for their growing portfolio.
SRS assembled a dedicated team of REA professionals with experience uniquely suited to Rent-A-Center’s needs. SRS created and implemented a series of tools and processes to communicate reconciliations and payment reports to Rent-A-Center. In addition, SRS reviews invoices and reconciliations with landlords, holding them accountable for obligations while uncovering discrepancies.
SRS has saved Rent-A-Center over $6.5 million in occupancy costs with more than $1.2 million in the last year alone. Rent-A-Center has been able to reduce occupancy costs and focus on their core business.
- Tools & processes for reconciliations and payment reports
- Invoice and reconciliation reviews with landlords
- Analysis of landlord obligations & discrepancies
- Dedicated team of REA professionals
- $6.5 million in occupancy costs saved with more than $1.2 million saved in the last year
- Over all occupancy costs reduced so client can focus on core business