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What is MRI ProLease?

MRI ProLease offers a holistic approach to lease administration and accounting through its fully integrated SaaS platform, allowing organizations to effectively manage and track their real estate and equipment leases while remaining compliant with ASC 842 standards. Trusted by over 800 clients spanning 40 industries, this cloud-based software tackles every aspect of lease management, accounting, space utilization, and CAFM requirements. It stands out as the preferred solution for adhering to the new ASC 842/IFRS 16 lease accounting regulations, providing the capability for dual reporting on identical leases. Whether your emphasis lies in real estate or equipment leasing, MRI ProLease is tailored to meet all necessary standards with a user-friendly and powerful interface. Developed by experienced industry experts, it helps users stay informed on critical data while streamlining the creation of required schedules and reports. Additionally, the platform's intuitive design not only boosts operational efficiency but also empowers users to make informed decisions regarding lease management, ultimately enhancing organizational performance and strategic planning.

What is AMTdirect?

AMTdirect is highly regarded as a top expert in lease administration and accounting, especially for ensuring compliance with FASB 842. Designed specifically for businesses that handle portfolios of 50 or more locations, AMTdirect addresses the daily challenges faced by corporate real estate professionals. This all-encompassing software solution allows users to keep an organized record of property details, lease contracts, associated income and expenses, along with any relevant documentation all in a single, accessible platform. In the context of lessor accounting, it supports adherence to ASC 842, IFRS 16, and GASB 87 for lease receivables, whether they involve third-party entities or intercompany transactions. For lease-level accounting, users gain access to a transparent audit trail that tracks all balance sheet computations for each lease, encompassing amortization, opening and closing liabilities, interest, and depreciation for every reporting period in line with the organization’s unique accounting calendar. This level of detail empowers corporate real estate professionals to oversee their lease commitments with both precision and confidence. Furthermore, the platform's intuitive interface simplifies processes, making it easier for users to sift through intricate lease details, fostering a more efficient workflow overall. By enhancing usability and accuracy, AMTdirect ultimately supports better decision-making in lease management.

Media

Media

Integrations Supported

MRI Software
Indent

Integrations Supported

MRI Software
HubSpot CRM
HubSpot Customer Platform
NetSuite

API Availability

API Availability

Pricing Information

$4500 per year
Free Trial Offered?

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

24 Hour Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

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/products/prolease/

Company Facts

Organization Name

MRI Software

Date Founded

1971

Company Location

United States

Company Website

www.mrisoftware.com/solutions/lease-accounting-software/

Categories and Features

Lease Accounting

Not specified

Lease Management

Billing & Invoicing
Commercial Leases
Contact Management
Lease Classification
Portfolio Management
Retail Leases
Sublease Management
Tenant Database

Space Management

Not specified

Categories and Features

Lease Accounting

Not specified

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