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Ratings and Reviews 0 Ratings

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ease
features
design
support

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What is rAbstract?

rAbstract, a specialized software created by Realogic, focuses on the abstraction and management of commercial property leases along with crucial documents like mortgages, partnership agreements, and service contracts. This powerful and flexible tool is crafted to be intuitive, allowing individuals engaged in lease abstraction or the handling of commercial real estate documentation to operate more swiftly and effectively. As a cloud-based Software as a Service (SaaS) offering, rAbstract enables users to access the platform from virtually anywhere and on any device, as long as they maintain a stable internet connection. The software is equipped to produce an array of detailed, real-time reports, which assist in data management and analysis, thereby facilitating well-informed business decisions. Moreover, all data from leases and other significant documents is consolidated within a single, centralized database, fostering collaboration among multiple users who can contribute to projects from various locations. This centralized method not only boosts teamwork and productivity but also simplifies workflows, making rAbstract an essential tool for companies operating in the commercial real estate industry. Furthermore, the continuous updates and enhancements to the platform ensure that users benefit from the latest features and improvements.

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.

Media

Media

Integrations Supported

Integrations Supported

Indent
MRI Software

API Availability

API Availability

Pricing Information

$2500.00/year

Pricing Information

$4500 per year
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support

Customer Service / Support

24 Hour Support

Training Options

Webinars
Online Training
On-Site Training

Training Options

Online Training
On-Site Training

Company Facts

Organization Name

Realogic Analytics

Date Founded

1992

Company Location

United States

Company Website

www.realogicinc.com/rabstract/

Company Facts

Organization Name

MRI Software

Date Founded

1971

Company Location

United States

Company Website

www.mrisoftware.com/products/prolease/

Categories and Features

Lease Management

Commercial Leases
Lease Classification
Portfolio Management
Property Management
Residential Leases
Retail Leases
Sublease Management

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

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