Tenant billing that follows the lease terms
Rent, charges and turnover rent should be billed the way the lease says. VemLease keeps invoice management and revenue tracking in the same system as the leases, across all assets and entities.
A 30 minute demo with a local Vemco team. Company email, no commitment.
Billing is only as good as the lease data
Most billing errors start upstream: a rent step that was not applied, an indexation that was late, a charge that was set up on the wrong unit.
Rent changes on time
Steps and indexation have to reach the invoice on the date the lease sets.
Charges on the right basis
Service charges and recoveries follow each tenant's share, not a flat guess.
Turnover rent on real sales
Where leases include turnover rent, it depends on the sales tenants report.
Invoices from the same record as the lease
When billing runs from the lease system, the terms the team agreed are the terms the tenant is billed on.
Invoice management and revenue tracking
Invoices and revenue tracking across all assets and entities, in the same system as the rent roll.
Rent steps and indexation
Set on the lease in one flow, so rent changes are part of the lease from the start.
Turnover rent on tenant sales
Turnover rent on tenant sales, with the revenue reporting status of each tenant in view.
Invoices in the tenant portal
Tenants find their invoices and documents in the tenant portal.
Turnover rent from reported sales
For retail leases with turnover rent, tenant sales come from VemTenant. Each is its own Vemco product on the same platform.
Footfall from Vemcount
Footfall per entrance and floor, from the platform that counts 60+ million people a day.
Tenant sales from VemTenant
Tenant sales and benchmarks, with the reporting status of each tenant.
Occupancy from VemSpace
Occupancy and space use for the areas you manage.
Part of one lease administration system
Lease tracking and critical dates
Renewals, options and expiries, with alerts before they fall due.
Tenant billing software: common questions
What is tenant billing software?
Software that produces tenant invoices for rent, charges and other items from the lease terms, and keeps track of what has been billed across properties and entities.
What is turnover rent?
Turnover rent, also called percentage rent, is rent linked to a tenant's sales, usually on top of or instead of part of a base rent. It needs reliable sales reporting from tenants.
How does VemLease handle rent increases?
Rent steps, indexation and turnover rent are set on the lease in one flow, so the lease carries the future rent as well as today's.
Can VemLease bill across several companies?
VemLease runs invoice management and revenue tracking across all assets and entities. How it fits your entity structure and accounting system is part of the demo.
Does VemLease replace our accounting system?
VemLease covers the lease administration side: rent roll, invoice management and revenue tracking. Lease accounting in the books stays in your accounting system; how the two fit together is part of the demo.
See VemLease on your own portfolio
A 30 minute demo with a local Vemco team. Company email, no commitment.