RE BackOffice Sets a New Benchmark for Excellence with an NPS Score of 83

RE BackOffice Achieves an NPS Score of 83: Setting the Standard for Excellence

RE BackOffice is proud to have achieved an exceptional Net Promoter Score (NPS) of 83, placing us firmly in the category of world-class service providers. 

Our score of 83, on a scale ranging from -100 to +100, highlights our dedication to delivering unparalleled services in lease administration, abstraction, and CAM reconciliation. This achievement positions us significantly above industry benchmarks, showcasing the strength of our client relationships and our commitment to exceeding expectations

What is NPS and Why Does It Matter?

Net Promoter Score (NPS) is a metric used by businesses worldwide to measure customer satisfaction and loyalty. Developed by Fred Reichheld in 2003, NPS has become the gold standard for understanding how customers feel about a company.

The metric is based on one simple yet insightful question:
“How likely are you to recommend our services to a friend or colleague?”

Customers respond by giving a score from 0 to 10, and based on their responses, they are classified into three categories:

  • Promoters (9–10): Loyal and enthusiastic customers who actively recommend your business.
  • Passives (7–8): Satisfied but not thrilled customers who are neutral and less likely to promote your services.
  • Detractors (0–6): Dissatisfied customers who may share negative feedback and discourage others from engaging with your business.

Once categorized, the NPS is calculated using the following formula:

NPS=% of Promoters−% of DetractorsNPS = \% \text{ of Promoters} – \% \text{ of Detractors}NPS=% of Promoters−% of Detractors

This results in a score ranging from -100 to +100:

  • +100: The ideal score, achieved when every customer is a Promoter.
  • -100: The lowest possible score, meaning every customer is a Detractor.

Our NPS score of 83 demonstrates an exceptional level of customer satisfaction and loyalty. This means the overwhelming majority of our customers are Promoters—actively recommending our services to others.

Why NPS is a Game-Changer for Businesses

NPS is not just another customer feedback tool; it’s a strategic asset for businesses. Here’s why it’s critical:

  1. Measures Customer Loyalty: NPS provides a clear snapshot of how loyal your customers are. It goes beyond satisfaction by identifying the true advocates of your brand—your Promoters—and highlighting areas where you can improve for Detractors.
  2. Fuels Organic Growth: Promoters are more than just loyal customers—they’re brand ambassadors. Their recommendations lead to higher-quality referrals, fueling growth through trust and word-of-mouth.
  3. Enables Benchmarking: NPS allows you to compare your performance against industry standards. A score like ours, 83, sets us apart as a leader in our field and showcases our dedication to excellence.
  4. Drives Continuous Improvement: By analyzing NPS data over time, businesses can identify trends, address weaknesses, and refine their offerings to better meet customer expectations.
  5. Our Commitment to Exceptional Service: Our high NPS score reflects our unwavering dedication to delivering services that exceed expectations. But we don’t stop at the numbers. We actively use NPS insights to ensure every client feels heard, valued, and supported.

How We Maintain a High NPS

Our exceptional NPS score isn’t by chance. It’s the result of deliberate efforts in the following key areas:

    1. Personalized Solutions:
      Every client has unique needs, and we tailor our services to meet them—whether it’s lease administration, lease abstraction or CAM reconciliation.
    2. Proactive Communication:
      We believe in transparency and keeping our clients informed every step of the way. Feedback is always welcomed, and we address concerns promptly.
    3. Relentless Improvement:
      We don’t rest on our laurels. NPS feedback is our guide for continuous improvement, ensuring we stay ahead of client expectations.
    4. Leveraging AI for Scalability and Efficiency: AI helps us scale quickly, meet tight deadlines, and manage large volumes of data while ensuring accuracy. This technology allows us to deliver efficient, timely services to our clients.
    5. A Strong Focus on Quality—Human and Technological: While AI enhances efficiency, our human quality control processes ensure that every task meets our high standards. This balance between technology and expertise guarantees top-tier results.
    6. Experienced Team with Over 10 Years of Collective Expertise: With an average of over 10 years of experience, our team brings deep industry knowledge to every project. This expertise enables us to exceed client expectations.

Breaking Down Our NPS Score of 83

Let’s take a closer look at what our score of 83 means in practical terms:

  • Promoters: These customers are highly likely to recommend our services. They are the driving force behind our exceptional score.
  • Passives: While satisfied, these customers might not be as enthusiastic as Promoters. We actively work to convert Passives into Promoters by addressing their needs.
  • Detractors: With such a high NPS, our percentage of Detractors is minimal. However, we take every piece of feedback seriously and strive to resolve concerns quickly.

Achieving such a high score on the -100 to +100 scale is a testament to our commitment to customer satisfaction. It shows that our customers not only trust us but are also willing to recommend us to others.

What Our Clients Are Saying

The true measure of our success lies in the words of our clients. Here are some testimonials from our recent NPS survey:

  • It was a pleasure working with RE BackOffice. I was very happy with the abstraction work. I appreciate the thoughtful questions that were asked during the project and excellent communication.” (A leading American Telecommunications Service Provider)
  • “Have been using RE BackOffice for our lease abstraction for about 14 years.  They are always quick to respond, accurate and very friendly. ” – (A leading American convenience store chain)
  • “We are very pleased with both of our dedicated lease administration resources at RE BackOffice. They are both very responsive and professional and are a great addition to our team!.” – (A leading American Property Management Company)
  • “I have been extremely satisfied with our dedicated lease administration resource at RE BackOffice. Their prompt attention to detail, consistent and weekly check-ins to ensure that any questions or inquiries are addressed in a timely manner with the clients that we work together on. Great communication is the focal point for success in addition to expansion of services and I hope that we can continue to grow!” (A leading American Property Management Company)

These testimonials reflect the trust and loyalty of our customers, and they drive us to continually raise the bar.

How We Use NPS to Improve

At RE BackOffice, NPS is more than just a number—it’s a tool for growth and improvement. Here’s how we leverage it:

  1. Listening to Feedback: We analyze every response carefully. Promoters help us understand what we’re doing right, while Detractors provide invaluable insights for improvement.
  2. Identifying Trends: By examining NPS trends over time, we stay ahead of customer expectations and adapt to changing needs.
  3. Taking Action: Feedback drives action. We’re committed to resolving issues for Detractors, nurturing Passives into Promoters, and maintaining the trust of our most loyal customers.
  4. Celebrating Successes: Our high NPS score is a team effort. Internally, we celebrate these wins, recognizing the hard work of our employees in delivering excellence.
  5. Why Choose Us?

Our NPS score of 83 is more than just a number—it’s proof of our commitment to delivering outstanding service. Reach out to RE BackOffice if you are-

  • Seeking assistance with lease abstraction and ongoing administration.
  • Need support with CAM reconciliation, recovery audits, or lease audits, with tight deadlines or limited resources.
  • Facing a shortage of lease administration resources and an overwhelming workload.
  • Aiming to improve operational efficiency and reduce costs without sacrificing quality.

Whether you’re looking for lease administration, lease abstraction, or CAM Reconciliation, we’re here to deliver with excellence.

A Commitment to Excellence

At RE BackOffice, customer satisfaction isn’t just a priority—it’s our mission. Our exceptional NPS score reflects the trust and loyalty of our clients, and we’re dedicated to maintaining and exceeding these standards.

RE BackOffice Inc. (REBO) is a global boutique firm specializing in real estate marketing and lease services. Our Lease Services Group (REBOlease.com) provides Lease Administration, Lease Abstraction, CAM Reconciliation and Recovery Audit services to clients across diverse industries, covering every type of lease on any lease administration platform. Since 2006, we have diligently served over 1000 clients giving us the experience needed to be a trusted partner. Whether we are utilizing this comprehensive expertise or harnessing the power of our proprietary lease abstraction software, we bring an unparalleled strategic and financial advantage to our clients.

If you’re ready to work with a team that puts your needs first, Contact Us Today. Let us show you why so many customers are promoters of our business.

RE BackOffice

RE BackOffice and Nakisa join forces to elevate real estate portfolio management

RE Backoffice + Nakisa

RE BackOffice, a leading provider of lease administration, abstraction and CAM reconciliation and recovery audit services, is excited to announce a strategic partnership with Nakisa,a trusted cloud-native enterprise software provider, specializing in Integrated Workplace Management System (IWMS), lease management and lease accounting. Together, we look forward to delivering enhanced value for clients by innovating real estate portfolio management processes, offering strategic benefits, and creating faster, more efficient workflows.

By joining forces, we aim to serve our clients even better. Our partnership will empower our clients to streamline lease abstractions, optimize lease management and accounting processes, and reduce lifecycle costs, ultimately accelerating ROI. Together, we’re committed to addressing the evolving needs of real estate teams, transforming portfolio management, and driving sustainable business growth with more agile, efficient workflows.

Harbinder Khera on partnership with Nakisa

Ashwath on partnership with RE BackOffice

About RE BackOffice, Inc.

RE BackOffice, Inc. (REBO) is a global boutique firm specializing in real estate marketing and lease services. REBO’s Lease Services Group (REBOlease.com) provides Lease AdministrationLease AbstractionCAM Reconciliation and Recovery Audit services to clients across diverse industries. Since 2006, REBO has diligently served over 1,000 clients bringing an unparalleled strategic and financial advantage to them.

About Nakisa

Nakisa is a leading enterprise-grade application provider, offering Integrated Workplace Management System (IWMS) software alongside accounting and workforce planning solutions. With a presence in over 135 countries, Nakisa supports over 1,100 enterprise clients and 6.6 million users, including global leaders such as Walmart, Pfizer, Puma, Nestlé, ExxonMobil, and Airbus.

In the IWMS space, Nakisa delivers a comprehensive solution tailored to address complex needs in capital project management, lease management and accounting, as well as facility and energy management. By uniting finance, real estate, and facility management teams through role-based and team-specific workflows, Nakisa enables a seamless flow of financial and general ledger data. Its native ERP integrations and robust APIs ensure real-time synchronization with ERPs and other systems, providing accurate data insights.

Built on an open cloud-native platform and powered by advanced technologies like Kubernetes, Kafka, and CI/CD frameworks, Nakisa offers unmatched flexibility, scalability, and rapid innovation. Its automation capabilities have helped enterprises achieve over $2 million in annual savings by enhancing time efficiency and reducing errors.

LeaseAccelerator and RE BackOffice Announce Partnership

 

PITTSBURGH (PRWEB) JUNE 22, 2021

LeaseAccelerator, a leading lease lifecycle automation software provider, and RE BackOffice, America’s leading provider of lease services, announced their partnership today. This partnership allows both LeaseAccelerator and RE BackOffice to add value to each other’s client base with their product and service offerings and thought leadership.

Backed by over 15 years of experience, RE BackOffice is recognized as a global, trusted, and comprehensive provider of lease abstraction, administration, and accounting services, catering to top-tier clients across various industry verticals including retail, corporate, tower, healthcare, REITs, property owners, managers, etc. 7-Eleven, Sleepys, Crown Castle, CBRE, H&M, and JLL are a few of the many leading brands served by RE BackOffice. LeaseAccelerator offers a powerful lease lifecycle automation solution that is used by the public, private, and government organizations around the world, including Carnival Corporation, Dow Chemical, OSF HealthCare, and HP.

“We are excited about this opportunity to partner with LeaseAccelerator. Working together, we can offer our clients a comprehensive solution to lease portfolio management and lease accounting compliance,” said Holly Khera, CEO, RE BackOffice. “When we thought of forming a partnership, we sought a company that could match our wide range of services and had the kind of standing that RE BackOffice has across various industry verticals. With LeaseAccelerator as the only provider in the market to offer a complete lease lifecycle automation solution, they were a natural fit for this partnership.”

“With the deadlines for ASC 842 and GASB 87 lease accounting standards coming up this year, private companies and government organizations need expert advice and services to streamline their adoption. By combining RE BackOffice’s proven lease abstraction and administration services with LeaseAccelerator’s decades of lease lifecycle automation expertise, we remove cost and risk from the adoption process across real estate and equipment leases,” according to Michael Keeler, CEO, LeaseAccelerator.

About RE BackOffice

RE BackOffice is a premier provider of lease abstraction, administration, and accounting services. A global boutique firm, we provide high-quality services to top-tier clients across industry verticals, covering every type of lease and on any lease platform. All projects are performed in-house. We are proud to be a trusted partner, for 15+ years, to leading retailers, REITs, property owners/managers, and corporate accounts seeking strategic advantage. Whether abstracting a portfolio of leases or providing comprehensive lease administration or accounting services, RE BackOffice is dedicated to consistently delivering high-quality services and optimal ROI to our clients. Learn more at www.rebolease.com

About LeaseAccelerator

LeaseAccelerator provides Lease Lifecycle Automation software that ensures long-term compliance, improves operational efficiency, and frees up cash flow. Thousands of users rely on our secure Software-as-a-Service (SaaS) platform to manage 800,000 real estate and equipment leases valued at $200 billion. LeaseAccelerator offers a platform for growth with asset-level accounting, reporting, and governance; in-app help; and an integrated, competitive leasing marketplace fueled by a global network of more than 500 lessors. Learn more at www.leaseaccelerator.com

RE BackOffice Celebrates 15 years of Excellence as a Global, Comprehensive & Trusted Commercial Real Estate Service Provider

The company has also launched a new website, www.rebolease.com dedicated in entirety to its lease abstraction, administration and accounting services

23rd March 2021: Pittsburgh, PA: Leading commercial real estate services provider, RE BackOffice, celebrates 15 years in business this year. The Pittsburgh-based company was founded in 2006, with a mission to deliver exceptional real estate marketing and lease services at affordable prices. Over the years, RE BackOffice has grown from a 20-member firm to an organization with 250+ professionals who are committed to providing the highest quality real estate marketing, lease abstraction, administration, and accounting services

RE BackOffice is renowned for being a boutique firm, engaged in consistently driving value, delivering first-class results, and exceeding client expectations. As a global, comprehensive, and trusted commercial real estate services provider, RE BackOffice serves top-tier clients across various industry verticals including retail, corporate, tower, healthcare, REITs, property owners, managers, etc. Over the years, RE BackOffice’s client base has grown exponentially. 7-Eleven, Sleepys, Crown Castle, CBRE, H&M, and JLL are a few of the many leading brands served by RE BackOffice. 

We are proud to complete 15 years in business and to be internationally recognized as the industry leader in commercial real estate services. The unmatched quality of our services, backed by our sound processes, industry knowledge, tech expertise, agility to adapt to the industry’s needs, and energetic work culture has been our core strength throughout the years. We are thrilled to have reached the 15-year milestone and are looking forward to an even more exciting decade ahead”, says Manu Varghese, VP, Operations. 

“15 years is a landmark anniversary! On this occasion, I would like to extend my thanks to our clients for placing their trust in RE BackOffice. I would also like to express my gratitude to our team for their dedication to helping REBO attain our goals as an organization. I’m looking forward to many more years of adding value to our clients.”, says Lyselle D’Souza, VP of Marketing Services. 

“As we celebrate this milestone anniversary, I want to recognize and share my appreciation for the commitment, talent, and spirit of our unique team who make this remarkable journey possible.  In addition, the entire RE BackOffice team wants each one of our clients to know that we are sincerely grateful for the continued trust you place in us. Trust, accuracy, reliability, and exceptional customer service are and will continue to be the cornerstones of our success.  We look forward to building on this solid foundation in the years to come, serving our customers large and small, across all industries.”, says Holly Khera, CEO, RE BackOffice. 

On this milestone anniversary, RE BackOffice has also launched a new website, www.rebolease.com, that focuses on RE BackOffice’s lease abstraction, administration, and accounting services business. The new website is easy to navigate and has dedicated pages for each lease service it offers and for the major industry verticals that the company serves. Please visit www.rebolease.com for more information.

Why choosing the right service provider for your FASB implementation matters

right-service-provider-for-your-FASB-implementation-matters

When it comes to FASB ASC 842 implementation, public and private companies do not have a choice. While private companies have time until January 2020 to deal with the challenges of implementing the new accounting standards, some public companies are finding the new implementation issues a pain. And don’t forget, any flaw in the transition will create non-compliance financial penalties.(more…)