MRI ProLease

A SaaS offering designed to help organizations manage and track real estate and equipment leases, comply with ASC 842 lease accounting requirements and implement space management.

The cloud-based software solutions help to manage every aspect of lease management, lease accounting, space management and CAFM requirements. It is offered as a solution for compliance with the upcoming ASC 842/IFRS 16 lease accounting standards and offers dual reporting on the same leases.

For real estate or equipment leases, MRI ProLease is designed to meet all requirements. It gives users constant visibility of critical data points and allows them to generate the schedules and reports required.

Features

• Enables ASC 842/IFRS 16 compliance - Built by industry experts specifically to support changes to the FASB and IASB lease accounting guidelines.
• Encompasses all lease and asset types - Both real estate and equipment leases can be managed and tracked using MRI ProLease's robust platform.
• Space Management - Offers a solution for managing CAD floor plan layouts, personnel moves, space utilization, seating charts and department allocations.
• Accounting integration - Automates journal entries with integration to a connected accounting system.

ProLease has been an MRI Software solution since the 2019 acquisition.