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Ratings and Reviews 0 Ratings

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ease
features
design
support

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What is MRI ProCalc?

Leverage MRI ProCalc to develop, evaluate, and compare various scenarios concerning office, industrial, or retail leases or acquisitions. This advanced tool enables professionals to efficiently analyze complex lease agreements, facilitating cash flow assessments while testing multiple hypothetical scenarios influenced by different variables. By scrutinizing leases and assessing the financial impacts of alternative situations on both tenants and landlords, users are empowered to make better-informed choices. As an essential tool for real estate professionals focused on leasing or purchasing commercial, office, industrial, or retail spaces, it stands out for its goal-seeking feature, which helps identify the key assumptions needed to achieve desired results, tackling intricate questions with ease. MRI ProCalc provides commercial real estate practitioners with the ability to perform comprehensive lease analyses, delivering insights from the perspectives of tenants, sublessors, landlords, or buyers. Consequently, it proves to be a vital resource for anyone participating in the negotiation of real estate leases or purchases. In conclusion, grasping the financial ramifications of leasing choices can play a crucial role in shaping effective negotiations and guiding strategic business plans. Ultimately, the insights gained from using this tool can lead to more successful outcomes in the competitive real estate market.

What is Lease102?

Lease102 is an innovative lease accounting solution specifically designed to comply with FRS 102 Section 20, enhancing the accounting process through AI-powered data extraction, calculations, journal entries, and disclosure reporting. Targeted at enterprises in the UK and Ireland, this software adheres strictly to FRS 102 principles without adapting them to IFRS 16 standards. Utilizing cutting-edge AI technology, it effectively extracts vital information from lease contracts, significantly reducing the likelihood of errors that may arise from manual data entry. The built-in calculation engine leverages the Bank of England SONIA and ECB €STR rates to determine appropriate discount rates with precision. Moreover, it features a comprehensive seven-year audit trail that logs all changes and calculations related to leases, which boosts transparency and accountability. Other important functionalities include collaboration tools for teams, management capabilities for lease modifications, expiration alerts, multi-currency support, and seamless integration options with ERP systems. Additionally, Lease102 emphasizes security by using AES-256 encryption, TLS 1.3 protocols, and ensuring that data storage complies with UK/EU regulations, thus adhering to GDPR standards and protecting sensitive information. This all-encompassing strategy not only streamlines lease accounting but also strengthens the confidence businesses have in their financial statements, fostering a culture of trust and reliability. Ultimately, Lease102 stands out as a vital tool for organizations striving for efficient and compliant lease management.

Media

Media

Integrations Supported

MRI Software
Microsoft Dynamics 365
Sage 200
Sage 50
Xero

Integrations Supported

MRI Software
Microsoft Dynamics 365
Sage 200
Sage 50
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

from £20 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

MRI Software

Date Founded

1971

Company Location

United States

Company Website

www.mrisoftware.com/solutions/lease-analysis/

Company Facts

Organization Name

Lease102

Date Founded

2025

Company Website

lease102.co.uk

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

Categories and Features

Lease Accounting

Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management

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