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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 CoStar Real Estate Manager?

CoStar Real Estate Manager® combines cloud-based technology with exceptional professional services and leading market intelligence into one cohesive platform. This comprehensive system provides vital commercial real estate and lease information, allowing you to make informed decisions while equipping your team with essential resources for maximum productivity. The lease accounting functionalities offered by CoStar Real Estate Manager facilitate meticulous analysis and classification of real estate, equipment, and various leased assets, helping you confidently navigate the intricacies of the latest FASB and IASB lease accounting regulations. You are empowered to create journal entries, produce financial reports, and integrate these capabilities seamlessly with your current business systems. Furthermore, you can effectively plan your retail portfolio by utilizing extensive data and insights. Our retail solutions are designed to break down data silos, improve market intelligence, and ensure that your locations function at their optimal level, contributing to overall business success. By harnessing these innovative tools, you can enhance performance, make strategic decisions, and effectively reach your financial objectives while fostering a culture of continuous improvement within your organization.

Media

Media

Integrations Supported

CoStar
Indent
MRI Software

Integrations Supported

CoStar
Indent
MRI Software

API Availability

Has API

API Availability

Has API

Pricing Information

$4500 per year
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
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/products/prolease/

Company Facts

Organization Name

CoStar Group

Date Founded

1987

Company Location

United States

Company Website

www.costar.com/products/real-estate-manager

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

Lease Management

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

Maintenance Management

Asset Tracking
Billing & Invoicing
Calibration Management
Dispatch Management
Inventory Control
Inventory Management
Key & Lock Management
Mobile Access
Planning Calendar
Predictive Maintenance
Preventive Maintenance
Purchasing
Scheduling
Service History Tracking
Technician Management
Work Order Management

Space Management

Change Management
Design Management
Floor Plans & Maps
For Offices
For Retail
Occupancy Management
Planogramming
Shelf Planning
Space Reservation
Usage Tracking / Analytics

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

Lease Management

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

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

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