Last Updated

Overview

MRI ProLease software provides comprehensive lease accounting and compliance tools that simplify processes, enhance accuracy, and offer valuable insights. Although some features require additional costs, the platform delivers powerful automation and streamlined lease management for better control.

Get A Firsthand Look At Software
Watch Free Demo

Overall Rating

Based on 14 users reviews

3

Rating Distribution

Positive

36%

Neutral

57%

Negative

7%

Starting Price
Custom

MRI ProLease Specifications

Lease Management

Property Accounting

Expense Tracking

Reporting and Analytics

View All Specifications

What Is MRI ProLease?

MRI ProLease offers a comprehensive suite designed to streamline property and asset lease management, ensuring compliance with accounting standards. Tailored for diverse portfolio sizes and needs, the software simplifies workflows, centralizes critical data, and supports operational precision. It delivers actionable insights and intuitive tools, enabling property teams to optimize performance and reduce time and financial inefficiencies.

MRI ProLease Pricing

MRI ProLease cost begins at $6,000 annually, with a free trial available to explore the platform’s features before committing to a plan. A tailored price quote can be obtained to break down the MRI Cost.

Disclaimer: The pricing has been sourced from a third-party website and is subject to change.

MRI ProLease Integrations

MRI ProLease integrates with various third-party applications, which include:

  • SAP
  • Oracle
  • TechnologyOne
Watch a free MRI ProLease demo to learn more about its integration arrangements.

Who Is MRI ProLease For?

MRI ProLease serves various facilities across the property management industry and sectors, including:

  • Multifamily
  • Affordable/public housing
  • Single-family rental
  • Condo/HOA
  • Healthcare
  • Education
  • Retail

Is MRI ProLease Right For You?

MRI ProLease provides a comprehensive suite of solutions for lease administration, accounting, and portfolio oversight, enabling cost control and streamlined compliance. Designed to automate IFRS 16, ASC 842, and GASB 87 requirements, the platform enhances operational efficiency while offering actionable insights across lease portfolios. With streamlined workflows and centralized data, the system supports informed decision-making and seamless integration across commercial, retail, and public sector lease management environments.

Still unsure about MRI ProLease? Contact us at (661) 384-7070 for expert assistance.

MRI ProLease Features

MRI ProLease software ensures compliance with accounting standards by tracking lease details like end dates, break clauses, and renewals. It efficiently manages multiple lease types, eliminating duplication and supporting core financial reporting requirements.

See How It Works

The platform simplifies complex equipment lease calculations and maintains constant visibility across asset types. It centralizes detailed equipment data, enhancing decision-making and ensuring critical lease terms are never missed.

See How It Works

MRI ProLease streamlines leasing processes with structured workflows and proactive alerts. The software automates task templates for lease negotiations, terminations, and activities, ensuring tight cost control and faster lease management operations.

See How It Works

The powerful AI invoice validation feature uses AI to verify invoice accuracy, preventing overpayments and errors. The software continuously cross-checks leases against amendments, enhancing compliance and reducing financial risks through automated reconciliation and validation.

See How It Works

MRI ProLease offers over 250 customizable reports, enabling stakeholders to verify compliance quickly. The platform provides clear operational insights, helping decision-makers monitor leases efficiently with minimal effort.

See How It Works

The system automates report scheduling and distribution to stakeholders, ensuring timely communication. It guarantees consistent access to vital lease information, improving internal transparency and collaboration across teams.

See How It Works

Pros And Cons of MRI ProLease

Pros

  • Critical date reminder data fields ensure important deadlines are not missed

  • Ease of data input and report generation

  • Helpful lease reminders and lease search tools for managing large portfolios

Cons

  • Some features require additional purchases

  • Loading lease data is time-consuming, affecting overall efficiency

MRI ProLease Reviews

Total 14 reviews

3

All reviews are from verified customers

Rating Distribution

5

Stars

14%

4

Stars

21%

3

Stars

21%

2

Stars

36%

1

Stars

7%

Share your experience

B

Binu

Automotive, 500+ employees

More than a year

4.0
August 2022

Quite good but not the best

Pros

Journal production was pretty simple and mapping everything was quite easy too.

Cons

Setting up a new lease is not as easy as we expected it to be and takes quite a bit of our time.

Rating Distribution

Ease of use

5

Value for money

7

Customer Support

5

Functionality

7

T

Tanya

Real Estate, 101-500 employees

More than a year

5.0
November 2020

Really user-friendly

Pros

The app is user friendly with a smooth flow from page to page. The way data is entered also makes sense. Overall it took me very little training to get the hang of MRI ProLease for lease abstraction.

Cons

For properties with multiple leases if we upload a document to one lease, it does not become available for the whole property.

Rating Distribution

Ease of use

10

Value for money

10

Customer Support

10

Functionality

9

R

Robin

Staffing and Recruiting, 500+ employees

More than a year

4.0
November 2020

Works the best for us

Pros

Everything is easy to reach which makes it a one stop place for us where all info is stored on a single platform.

Cons

I am still getting familiar with all the features and I think more initial training would help a lot.

Rating Distribution

Ease of use

9

Value for money

7

Customer Support

10

Functionality

7

Frequently Asked Questions

Yes, MRI ProLease offers API access.

No, MRI ProLease does not offer a dedicated mobile application for lease management. However, the platform is accessible via mobile devices through web browsers, allowing users to manage lease portfolios on the go.

MRI ProLease integrates seamlessly with several third-party applications, including SAP, Oracle, and TechnologyOne, enhancing its lease management capabilities and ensuring smooth data flow across systems.

MRI ProLease supports a wide range of property management operations, serving sectors such as multifamily housing, affordable and public housing, single-family rentals, condominiums, and homeowners' associations, as well as healthcare, education, and retail.

MRI ProLease price starts at $6,000 per year, with a free trial available to test the platform, and customized quotes providing a detailed breakdown of costs. Disclaimer: The pricing has been sourced from a third-party website and is subject to change.

MRI ProLease provides support through phone and the MYMRI Portal.

MRI ProLease supports English.