Tango Launches AI Agent to Automate CAM Reconciliation and Recover Tenant Overcharges
Tango has introduced the CAM Reconciliation Agent, an AI-powered tool designed to help retail and corporate tenants identify and dispute errors in year-end common area maintenance (CAM) statements. The agent automates the comparison of landlord statements against specific lease terms, such as expense caps and exclusions, to flag discrepancies before strict 30-to-90-day dispute windows close. As rising costs for insurance, utilities, and labor continue to drive up operating expenses, tenants face increasing pressure to manage overhead. Tango notes that unreviewed CAM statements can cost organizations up to 5% of their annual CAM charges. By integrating lease intelligence with AI, the tool provides an audit trail and supporting documentation, allowing finance teams to pursue recoveries without manual, large-scale reviews.
Topics: Artificial Intelligence CAM Reconciliation Facilities Management Real Estate Technology