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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 LeaseMatrix?

Bid farewell to the difficulties of sending spreadsheets via email or depending on cloud storage solutions. LeaseMatrix operates seamlessly on any computer or tablet, doing away with the necessity for software installations or maintenance updates. This platform enables you to access and adjust your analyses from almost any location, featuring web-based reports that update automatically. Team collaboration is enhanced, ensuring that no document is ever lost due to technical issues. This groundbreaking tool allows both brokers and tenants to evaluate the advantages of leasing compared to owning office, retail, or industrial spaces. With visually striking charts, users are presented with clear recommendations that are easy to communicate. The system supports side-by-side evaluations of cash flows before and after taxes, simplifying the data analysis for all stakeholders. It also offers calculations for Net Present Value (NPV) and Internal Rate of Return (IRR), giving users the insights needed to decide whether to reinvest in their existing business or explore real estate ventures. Furthermore, a summary page outlining the pros and cons of leasing versus owning is included, equipping users with crucial information for making sound choices. In summary, LeaseMatrix not only simplifies the decision-making process in real estate transactions but also significantly improves overall efficiency and understanding for users navigating these complex choices.

Media

Media

Integrations Supported

Indent
MRI Software

Integrations Supported

Microsoft 365
Microsoft Excel

API Availability

API Availability

Pricing Information

$4500 per year
Free Trial Offered?

Pricing Information

$29 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

24 Hour Support

Customer Service / Support

Web-Based Support

Training Options

Online Training
On-Site Training

Training Options

Documentation Hub
Online 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

LeaseMatrix

Date Founded

2009

Company Website

lease.io

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 Management

Lease Classification

Popular Alternatives

Popular Alternatives

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