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Lease Management Software | MRI Software

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15.29,18.2940916 L23.59,10.0040916 L15.29,1.71409163 C14.8978778,1.32196946 14.8978778,0.686213802 15.29,0.294091629 C15.6821222,-0.0980305431 16.3178778,-0.0980305431 16.71,0.294091629 L25.71,9.29409163 C25.8993127,9.48185823 26.0057983,9.73745409 26.0057983,10.0040916 C26.0057983,10.2707292 25.8993127,10.526325 25.71,10.7140916 L16.71,19.7140916 C16.5212812,19.9012781 16.265803,20.0056284 16,20.0041084 Z"></path> <path d="M25,11.0040916 L1,11.0040916 C0.44771525,11.0040916 1.77635684e-15,10.5563764 1.77635684e-15,10.0040916 C1.77635684e-15,9.45180688 0.44771525,9.00409163 1,9.00409163 L25,9.00409163 C25.5522847,9.00409163 26,9.45180688 26,10.0040916 C26,10.5563764 25.5522847,11.0040916 25,11.0040916 Z" ></path> </g> </g> </g> </svg> </span> </a> <p>Uncomplicate compliance and prepare for the future with solutions for corporate occupiers. </p> </li> <li class="menu-item-type-link ls-light"> <a href="https://www.mrisoftware.com/solutions/extensible-iwms/" > <span 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<path d="M16,20.0041084 C15.734197,20.0056284 15.4787188,19.9012781 15.29,19.7140916 C15.1006873,19.526325 14.9942017,19.2707292 14.9942017,19.0040916 C14.9942017,18.7374541 15.1006873,18.4818582 15.29,18.2940916 L23.59,10.0040916 L15.29,1.71409163 C14.8978778,1.32196946 14.8978778,0.686213802 15.29,0.294091629 C15.6821222,-0.0980305431 16.3178778,-0.0980305431 16.71,0.294091629 L25.71,9.29409163 C25.8993127,9.48185823 26.0057983,9.73745409 26.0057983,10.0040916 C26.0057983,10.2707292 25.8993127,10.526325 25.71,10.7140916 L16.71,19.7140916 C16.5212812,19.9012781 16.265803,20.0056284 16,20.0041084 Z"></path> <path d="M25,11.0040916 L1,11.0040916 C0.44771525,11.0040916 1.77635684e-15,10.5563764 1.77635684e-15,10.0040916 C1.77635684e-15,9.45180688 0.44771525,9.00409163 1,9.00409163 L25,9.00409163 C25.5522847,9.00409163 26,9.45180688 26,10.0040916 C26,10.5563764 25.5522847,11.0040916 25,11.0040916 Z" ></path> </g> </g> </g> </svg> </span> </a> </li> <li class="menu-item-type-link 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C14.9942017,18.7374541 15.1006873,18.4818582 15.29,18.2940916 L23.59,10.0040916 L15.29,1.71409163 C14.8978778,1.32196946 14.8978778,0.686213802 15.29,0.294091629 C15.6821222,-0.0980305431 16.3178778,-0.0980305431 16.71,0.294091629 L25.71,9.29409163 C25.8993127,9.48185823 26.0057983,9.73745409 26.0057983,10.0040916 C26.0057983,10.2707292 25.8993127,10.526325 25.71,10.7140916 L16.71,19.7140916 C16.5212812,19.9012781 16.265803,20.0056284 16,20.0041084 Z"></path> <path d="M25,11.0040916 L1,11.0040916 C0.44771525,11.0040916 1.77635684e-15,10.5563764 1.77635684e-15,10.0040916 C1.77635684e-15,9.45180688 0.44771525,9.00409163 1,9.00409163 L25,9.00409163 C25.5522847,9.00409163 26,9.45180688 26,10.0040916 C26,10.5563764 25.5522847,11.0040916 25,11.0040916 Z" ></path> </g> </g> </g> </svg> </span> </a> </li> <li class="menu-item-type-link ls-light"> <a href="https://www.mrisoftware.com/services/property-accounting/" > <span class="menu-item-title">Property Accounting</span> </a> </li> <li 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data-litytype="lity-language-modal-cnt"> <span class="screen-reader-text">Select Region</span> <!-- .screen-reader-text --> <i class="mi-globe-world"></i> <span></span> <i class="fa fa-chevron-down"></i> </a> </li> <li class="tmlink menu-item"> <a href="tel:18003218770" title="+1 800 321 8770" aria-label="+1 800 321 8770"> <span class="menu-item-title">+1 800 321 8770</span> </a> </li> </ul> </div> <!-- .top-navigation mb-nav --> <button id="mobile-menu-trigger" class="nav__menu-btn"> <span class="sr-only">Toggle navigation</span> <span class="icon-bar top-bar"></span> <span class="icon-bar middle-bar"></span> <span class="icon-bar bottom-bar"></span> </button> </div> <!-- .menu-container --> </div> </div> <!-- container --> </div> <!-- header__main --> </header> <div id="mri-mobile-menu-container"> <div class="container"> </div> <!-- .container --> </div> <!-- #mri-mobile-menu-container --> <div id="content" class="site-content"> <section class="mri-hero-sticky-nav mri-hsn-new"> <div class="sticky-nav-fixed-wrap"> <div class="container"> <div class="sn-flex-wrap"> <span class="snf-title">Lease Accounting</span> <!-- .snf-title --> <ul> <li class=""><a href="https://www.mrisoftware.com/solutions/lease-accounting-software/" >Lease Accounting</a></li> <li class="highlighted"><a href="https://www.mrisoftware.com/solutions/lease-management-software/" target="_blank">Lease Admin</a></li> <li class=""><a href="https://www.mrisoftware.com/solutions/lease-abstraction-software/" target="_blank">Lease Abstraction</a></li> <li class=""><a href="https://www.mrisoftware.com/services/lease-administration/" target="_blank">Managed Services</a></li> <li class=""><a href="https://www.mrisoftware.com/solutions/facilities-management-software/" target="_blank">FM</a></li> <li class=""><a href="https://www.mrisoftware.com/solutions/room-and-desk-booking-software/" target="_blank">Room and Desk Booking</a></li> <li class=""><a href="https://www.mrisoftware.com/solutions/space-management-software/" target="_blank">Space Management</a></li> <li class=""><a href="https://www.mrisoftware.com/solutions/extensible-iwms/" target="_blank">IWMS</a></li> </ul> <div class="select-wrap"> <select name="" id=""> <option disabled selected >Select a solution</option> <option data-href="https://www.mrisoftware.com/solutions/lease-accounting-software/">Lease Accounting</option> <option data-href="https://www.mrisoftware.com/solutions/lease-management-software/">Lease Admin</option> <option data-href="https://www.mrisoftware.com/solutions/lease-abstraction-software/">Lease Abstraction</option> <option data-href="https://www.mrisoftware.com/services/lease-administration/">Managed Services</option> <option data-href="https://www.mrisoftware.com/solutions/facilities-management-software/">FM</option> <option data-href="https://www.mrisoftware.com/solutions/room-and-desk-booking-software/">Room and Desk Booking</option> <option data-href="https://www.mrisoftware.com/solutions/space-management-software/">Space Management</option> <option data-href="https://www.mrisoftware.com/solutions/extensible-iwms/">IWMS</option> </select> <!-- # --> <script> jQuery(document).ready(function(){ jQuery('.sticky-nav-fixed-wrap .sn-flex-wrap .select-wrap select').on('change', function() { var href_id = jQuery(this).find('option:selected').attr('data-href'); console.warn(href_id); try { if ( href_id.indexOf("#") >= 0 && jQuery(href_id).length > 0 ) { var offset_nav = 0; var offset = jQuery(href_id).offset().top - 140 - offset_nav; jQuery('body,html').animate({ scrollTop: offset, }, 300); } else { window.location.href = href_id; } } catch(err) { console.warn(err); } }); }); </script> </div> <!-- .select-wrap --> </div> <!-- .sn-flex-wrap --> </div> <!-- .container --> </div> <!-- .sticky-nav-fixed-wrap --> </section> <!-- .mri-hero-sticky-nav --> <section class="section page-header-hero mri-v2-layout mri-phh-new section-white phh-hci gph-has-sticky-nav" > <div class="container"> <div class="breadcrumbs-section hidden-xs text-left "> <div class="breadcrumb-cnt"><div class="breadcrumb"><span><span class="breadcrumb_last" aria-current="page">Lease Management Software</span></span></div></div> </div> <!-- .breadcrumbs-section --> <div class="content-image-cnt row" style="padding-top: 20px;"> <div class="col-xs-12 col-sm-6 col-sm-push-6 hidden-xs"> <div class=""> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/data-2.svg" width="1" height="1" alt="" class="img-responsive" /> </div> <!-- .animated-content-image --> </div> <!-- .col-sm-6 --> <div class="col-xs-12 col-sm-6 col-sm-pull-6"> <h1>Drive costs down and performance up with AI lease management software</h1> <p class="subtitle">Spend less time trawling through complex lease contracts and instead use our AI powered platform to gain fast access to the data you need to avoid costly mistakes, mitigate risks and scale up insights to make your business more efficient. </p> <div class=" visible-xs"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/data-2.svg" width="1" height="1" alt="" class="img-responsive" /> <br /><br /> </div> <!-- .animated-content-image --> <div class="hero-button-cnt"> <a href='#request_demo' aria-label='Request demo Drive costs down and performance up with AI lease management software' class='btn new-mri-btn btn-green btn-md' ><span>Request demo</span></a> <a href='https://www.mrisoftware.com/products/lease-roi-calculator/' aria-label='ROI Calculator Drive costs down and performance up with AI lease management software' class='btn new-mri-btn btn-transparent btn-md' ><span>ROI Calculator</span></a> </div> <!-- .hero-button-cnt --> </div> <!-- .col-sm-6 --> </div> <!-- .content-image-cnt .row --> </div> <!-- .container --> <span class="video-background-section" style="background-image: url( '' );"> </span> <span class="header-pattern-filter "></span> </section> <!-- .page-header-hero --> <div id="primary" class="content-area solution-product-template"> <main id="main" class="site-main" role="main"> <div class="new-mri-flexible-section"> <section class="section features section-lightblue" > <span class="header-pattern-filter "></span> <div class="container"> <div class="flexible-content"> <div class="bs4-row bs4-justify-content-center"> <div class="bs4-col-12 bs4-col-md-4"> <div class="feature-box"> <div class="box-icon"> <i class="mi-hand-money"></i> </div> <!-- .box-icon --> <h3 class="box-title"><span style="font-size:34px">Save money</span></h3> <!-- .box-title --> <div class="box-content"> <p><span style="font-size:18px">Avoid incorrect rent or service charges and late payment fees.</span></p> </div> <!-- .box-content --> </div> <!-- .feature-box --> </div> <!-- .col-sm-4 col-centered --> <div class="bs4-col-12 bs4-col-md-4"> <div class="feature-box"> <div class="box-icon"> <i class="mi-screen-chart-search"></i> </div> <!-- .box-icon --> <h3 class="box-title"><span style="font-size:34px">Make better decisions</span></h3> <!-- .box-title --> <div class="box-content"> <p><span style="font-size:18px">See more clearly with dashboard displays of analysis and actionable insights.</span></p> </div> <!-- .box-content --> </div> <!-- .feature-box --> </div> <!-- .col-sm-4 col-centered --> <div class="bs4-col-12 bs4-col-md-4"> <div class="feature-box"> <div class="box-icon"> <i class="mi-checkmark"></i> </div> <!-- .box-icon --> <h3 class="box-title"><span style="font-size:34px">Avoid mistakes</span></h3> <!-- .box-title --> <div class="box-content"> <p><span style="font-size:18px">Pay rent on time and take action when needed to optimize your portfolio.</span></p> </div> <!-- .box-content --> </div> <!-- .feature-box --> </div> <!-- .col-sm-4 col-centered --> </div> <!-- .bs4-row bs4-justify-content-center --> </div> <!-- .flexible-content --> </div> <!-- .container --> </section> <!-- .section features --> <section class="section colour_banner" style="background-color: #0f845a" > <div class="container"> <div class="banner-content-flex"> <div class="content-wrap"> <h2 style="color: #FFF">Don’t leave money on the table</h2> <p style="color: #FFF">Realize your savings with MRI’s lease accounting and management solutions.</p> </div> <!-- .content-wrap --> <div class="fsc-cta-wrap"> <a href="https://www.mrisoftware.com/products/lease-roi-calculator/" title="Don’t leave money on the table" target="_blank" class="btn new-mri-btn btn-transparent btn-inverted btn-md" target="_blank"> <span>ROI Calculator</span> </a> </div> <!-- .fsc-cta-wrap --> </div> <!-- .banner-content-flex --> </div> <!-- .container --> </section> <!-- .section colour_banner --> <section class="section full-size-cta-box sl-content_right" data-mid=506fdb0c9a2632dde722a8b202d06828> <div class="fsc-content"> <div class="container"> <div class="bs4-row "> <div class="bs4-col-12 bs4-col-md-6 "> <div class="fsc-image-wrap mri-mh mrs-text-content align-center"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-02-1024x826.png" alt="lease management software" /> </div> <!-- .fsc-image-wrap --> </div> <!-- .col-sm-6 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="fsc-content-wrap mri-mh valign-center halign-left"> <div class="flex-content-wrap mrs-text-content"> <h2>Are you losing control of your lease portfolio?</h2> <p>Lease management has become a complex and high risk responsibility. Done correctly, it can make huge cost savings. Done wrong and the smallest error can have catastrophic financial consequences. Inaccurate data, inadequate analysis, poor decisions and missed opportunities are almost inevitable without proactive lease management and control. The problem is, that&#8217;s not easy without centralized, AI-powered lease management software designed to reduce human error and streamline business processes.</p> <div class="fsc-cta-wrap"> <a href="#request_demo" title="Are you losing control of your lease portfolio?" class="btn new-mri-btn btn-green-l btn-md"> <span>Request Demo</span> </a> </div> <!-- .fsc-cta-wrap --> </div> <!-- .flex-content-wrap --> </div> <!-- .fsc-content-wrap --> </div> <!-- .col-sm-6 --> </div> <!-- .row --> </div> <!-- .container --> </div> <!-- .fsc-content --> <div class="fsc-background" style="background-color: "> <span class="bg-section" style="background-image: url('')"></span> </div> <!-- .fsc-background --> </section> <!-- .section full-size-cta-box --> <style> [data-mid="506fdb0c9a2632dde722a8b202d06828"] { } </style> <section class="section mri-v2-layout multi-column-block mcb-blue" > <div class="container"> <div class="section-title"> <h2>Simplify the complexity and reduce the risk of lease management </h2> <p><span style="font-size:20px">Lease management software to give you complete control.<span></p> </div> <!-- .section-title --> <div class="bs4-row"> <div class=" bs4-col-12 bs4-col-md-6 bs4-col-lg-4"> <div class="mc-block"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/05/Multi-column-block-img-illustrations-20.png" alt="CheckpointID"> <h3>One platform to reduce complexity</h3> <p>Bring your entire lease portfolio onto one platform to keep track and calculate rent and service charges.</p> </div> <!-- .mc-block --> </div> <!-- .col --> <div class=" bs4-col-12 bs4-col-md-6 bs4-col-lg-4"> <div class="mc-block"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/05/Multi-column-block-img-illustrations-15.png" alt=""> <h3>AI to improve accuracy and speed</h3> <p>Leverage AI for accurate and verified data, analysis and insights to drive better decisions.</p> </div> <!-- .mc-block --> </div> <!-- .col --> <div class=" bs4-col-12 bs4-col-md-6 bs4-col-lg-4"> <div class="mc-block"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/05/Multi-column-block-img-illustrations-25.png" alt="resident screening"> <h3>Effortless ERP integration</h3> <p>Connect with other real estate and corporate systems to save time and resources.</p> </div> <!-- .mc-block --> </div> <!-- .col --> </div> <!-- .bs4-row --> <div class="cta-wrap"> <a class="btn new-mri-btn btn-green-l btn-md" href="#request_demo"> <span> Request Demo </span> </a> </div> <!-- .cta-wrap --> </div> <!-- .container --> </section> <!-- .multi-column-block --> <section class="section mri-rollover click layout-horizontal" > <div class="container"> <div class="section-title"> <h2>Out of the box technology with all the applications you need</h2> </div> <!-- .section-title --> <div class="row"> <div class="col-xs-12"> <ul class="rl-tabs"> <li class="tab-link current" data-tab="mri_rl_1_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_1_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-note-writing-pencil"></i></span> <p class="label" id="rtt_mri_rl_1_cfdbc84a22a48635d1144156fca5f1b0">Contract management</p> </li> <li class="tab-link " data-tab="mri_rl_2_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_2_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-tower-building-commercial"></i></span> <p class="label" id="rtt_mri_rl_2_cfdbc84a22a48635d1144156fca5f1b0">Lease options</p> </li> <li class="tab-link " data-tab="mri_rl_3_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_3_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-money-document"></i></span> <p class="label" id="rtt_mri_rl_3_cfdbc84a22a48635d1144156fca5f1b0">Rent reviews</p> </li> <li class="tab-link " data-tab="mri_rl_4_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_4_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-hand-money"></i></span> <p class="label" id="rtt_mri_rl_4_cfdbc84a22a48635d1144156fca5f1b0">Lease payments</p> </li> <li class="tab-link " data-tab="mri_rl_5_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_5_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-chart-line-up"></i></span> <p class="label" id="rtt_mri_rl_5_cfdbc84a22a48635d1144156fca5f1b0">Indexation</p> </li> <li class="tab-link " data-tab="mri_rl_6_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_6_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-money-document"></i></span> <p class="label" id="rtt_mri_rl_6_cfdbc84a22a48635d1144156fca5f1b0">Incentives and costs</p> </li> <li class="tab-link " data-tab="mri_rl_7_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_7_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-mixed-use-building"></i></span> <p class="label" id="rtt_mri_rl_7_cfdbc84a22a48635d1144156fca5f1b0">Turn-over rents</p> </li> <li class="tab-link " data-tab="mri_rl_8_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_8_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-money-bag"></i></span> <p class="label" id="rtt_mri_rl_8_cfdbc84a22a48635d1144156fca5f1b0">Deposits</p> </li> <li class="tab-link " data-tab="mri_rl_9_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_9_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-folder-file-side"></i></span> <p class="label" id="rtt_mri_rl_9_cfdbc84a22a48635d1144156fca5f1b0">Clauses</p> </li> <li class="tab-link " data-tab="mri_rl_10_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon" id="icon_mri_rl_10_cfdbc84a22a48635d1144156fca5f1b0"><i class="mi-dashboard-hierarchy"></i></span> <p class="label" id="rtt_mri_rl_10_cfdbc84a22a48635d1144156fca5f1b0">Sub-lets</p> </li> </ul> <!-- .nav-tabs --> </div> <!-- .col-sm-3 --> <div class="col-xs-12"> <div class="rl-content"> <div class="rl-panel current" id="mri_rl_1_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_1_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-note-writing-pencil"></i></span> <span class="label">Contract management</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-03-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Contract management</h3> <p>Lease start date/end dates, lease term, landlord, payee, documentation, correspondence, key events and clauses. All data points related to the management of a lease contract.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_2_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_2_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-tower-building-commercial"></i></span> <span class="label">Lease options</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-04-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Lease options</h3> <p>Lease options within the contract available to either the landlord, tenant or both; i.e., options to renew, options to break, available in the future, likelihood of exercising the option.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_3_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_3_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-money-document"></i></span> <span class="label">Rent reviews</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-05-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Rent reviews</h3> <p>Agreed rent steps, rent free periods, open market rent reviews, back dated rental calculation, flat percentage rental increases.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_4_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_4_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-hand-money"></i></span> <span class="label">Lease payments</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-06-1024x826.png" alt="Energy Management" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Lease payments</h3> <p>Manage all charges related to the lease with the corresponding lease values, periodicity etc. i.e. rent, service charge, insurance.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_5_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_5_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-chart-line-up"></i></span> <span class="label">Indexation</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-07-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Indexation</h3> <p>Any lease charges linked to an index including caps and collar arrangements i.e. CPI, RPI.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_6_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_6_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-money-document"></i></span> <span class="label">Incentives and costs</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-08-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Incentives and costs</h3> <p>Including dilapidations, residual value guarantee, incentives, impairments, rent free periods etc.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_7_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_7_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-mixed-use-building"></i></span> <span class="label">Turn-over rents</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-09-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Turn-over rents</h3> <p>Retail percentage/turnover related rents across multiple sales categories, be it pure turnover rent or a base rent plus variable turnover top up, both from a payable and receivable perspective.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_8_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_8_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-money-bag"></i></span> <span class="label">Deposits</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-10-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Deposits</h3> <p>Including rental deposits, guarantees, non-refundable arrangement fees, whether the deposit is cash or otherwise, as well as linking to an index.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_9_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_9_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-folder-file-side"></i></span> <span class="label">Clauses</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-11-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Clauses</h3> <p>Artificial Intelligence (AI) links abstracted clauses back to the location in the physical lease contract, removing the need for a manual review of the physical contract.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> <div class="rl-panel " id="mri_rl_10_cfdbc84a22a48635d1144156fca5f1b0"> <div class="rl-panel-heading"> <h4 class="rl-panel-title" data-tab="mri_rl_10_cfdbc84a22a48635d1144156fca5f1b0"> <span class="icon"><i class="mi-dashboard-hierarchy"></i></span> <span class="label">Sub-lets</span> </h4> </div> <!-- .rl-panel-heading --> <div class="rl-panel-collapse"> <div class="rl-panel-body"> <div class="bs4-row bs4-flex-md-row-reverse"> <div class="bs4-col-12 bs4-col-md-6 "> <div class="section-image-wrap"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-12-1024x826.png" alt="lease management software" /> </div> <!-- .section-image-wrap --> </div> <!-- .col-lg-offset-1 col-sm-5 col-lg-4 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="rl-content-f"> <div class="rl-c-w"> <h3 class="label">Sub-lets</h3> <p>The ability to manage and track sublet space and any tenant income.</p> </div> <!-- .rl-c-w --> </div> <!-- .rl-content-f --> </div> <!-- .col --> </div> <!-- .bs4-row --> </div> <!-- .rl-panel-body --> </div> <!-- .rl-panel-collapse --> </div> <!-- .rl-panel --> <style> </style> </div> <!-- .tab-content --> </div> <!-- .col-sm-9 --> </div> <!-- .row --> </div> <!-- .container --> </section> <section class="section flipping-numbers section-green numbers-separated-vr" > <span class="header-pattern-filter "></span> <div class="container"> <div class="section-title text-center"> <h2>Key Facts</h2> </div> <!-- .section-title --> <div class="mri-flipping-animate-numbers" data-duration="2.5"> <div class="numbers-flexbox owl-carousel"> <div class="number-box-item"> <div class="mri-flipping-animate-item" data-prefix="false" data-suffix="+" data-number="400" data-grouping="false" data-separator="," data-decimal="."> <p class="mri-nmb-header"></p> <span class="mri-flipping-number-cnt span-title-h2"> 400+ </span> <p>OVER 400 LEASE ACCOUNTING IMPLEMENTATIONS</p> </div> <!-- .mri-flipping-animate-item --> </div> <!-- number-box-item --> <div class="number-box-item"> <div class="mri-flipping-animate-item" data-prefix="false" data-suffix="+" data-number="100" data-grouping="false" data-separator="," data-decimal="."> <p class="mri-nmb-header"></p> <span class="mri-flipping-number-cnt span-title-h2"> 100+ </span> <p>USED IN 100+ COUNTRIES</p> </div> <!-- .mri-flipping-animate-item --> </div> <!-- number-box-item --> <div class="number-box-item"> <div class="mri-flipping-animate-item" data-prefix="false" data-suffix="+" data-number="1000" data-grouping="false" data-separator="," data-decimal="."> <p class="mri-nmb-header"></p> <span class="mri-flipping-number-cnt span-title-h2"> 1000+ </span> <p>TRUSTED BY MORE THAN 1000 PROPERTY OCCUPIERS</p> </div> <!-- .mri-flipping-animate-item --> </div> <!-- number-box-item --> </div> <!-- numbers-flexbox --> </div> <!-- .mri-flipping-animate-numbers --> </div> <!-- .container --> </section> <!-- .section flipping-numbers --> <section class="section clients-logo-grid" > <div class="container"> <div class="section-title text-center"> <h2 class="wow fadeInUp">Who uses the software?</h2> <div class="section-intro wow fadeInUp"> </div> </div> <!-- .section-title --> <div class="client-logo-grid-content wow fadeInUp"> <div class="logo-wrap logo-1" data-logo="1"> <span class="logo-image-cnt"> <span class="lic-main-bg" style="background-image: url('https://www.mrisoftware.com/wp-content/uploads/2023/02/7-eleven-300x225.png')"></span> </span> </div> <!-- .logo-wrap --> <div class="logo-wrap logo-2" data-logo="2"> <span class="logo-image-cnt"> <span class="lic-main-bg" style="background-image: url('https://www.mrisoftware.com/wp-content/uploads/2020/07/lego-1-300x175.png')"></span> </span> </div> <!-- .logo-wrap --> <div class="logo-wrap logo-3" data-logo="3"> <span class="logo-image-cnt"> <span class="lic-main-bg" style="background-image: url('https://www.mrisoftware.com/wp-content/uploads/2022/10/Nandos-Logo-png-300x153.png')"></span> </span> </div> <!-- .logo-wrap --> <div class="logo-wrap logo-4" data-logo="4"> <span class="logo-image-cnt"> <span class="lic-main-bg" style="background-image: url('https://www.mrisoftware.com/wp-content/uploads/2022/10/Specsavers-png-logo-300x200.png')"></span> </span> </div> <!-- .logo-wrap --> <div class="logo-wrap logo-5" data-logo="5"> <span class="logo-image-cnt"> <span class="lic-main-bg" style="background-image: url('https://www.mrisoftware.com/wp-content/uploads/2023/01/caleres-logo-header-midnight.svg')"></span> </span> </div> <!-- .logo-wrap --> <div class="logo-wrap logo-6" data-logo="6"> <span class="logo-image-cnt"> <span class="lic-main-bg" style="background-image: url('https://www.mrisoftware.com/wp-content/uploads/2022/10/flight-centre-Logo-png-1-300x153.png')"></span> </span> </div> <!-- .logo-wrap --> <div class="logo-wrap logo-7" data-logo="7"> <span class="logo-image-cnt"> <span class="lic-main-bg" style="background-image: url('https://www.mrisoftware.com/wp-content/uploads/2023/01/header-logo.svg')"></span> </span> </div> <!-- .logo-wrap --> </div> <!-- .client-logo-slider owl-carousel --> </div> <!-- .container --> </section> <!-- .section clients-logo-slider --> <section data-ap="6000" data-an="show" class="section testimonial mri-testimonial-slider bg-global section-green" > <span class="header-pattern-filter "></span> <div class="container"> <div class="row"> <div class="col-sm-offset-1 col-sm-10"> <div class="owl-carousel"> <div class="item article-items" data-bg-colour="#0f845a" data-text-colour="#fff"> <figure> <blockquote>The volume of data involved meant, without MRI Prolease Enterprise, we would not have been able to execute our year-end financial reporting.</blockquote> <figcaption> <span>Katie Gregory | Head of Group Financial Reporting @ Halfords Plc</span> </figcaption> </figure> </div> <!-- .item article-items --> </div> <!-- .owl-carousel --> </div> <!-- .col-sm-offset-1 col-sm-10 --> </div> <!-- .row --> <div class="owl-nav-container"> </div> <!-- --> </div> <!-- .container --> </section> <!-- .section advantages --> <section class="section full-size-cta-box sl-content_right" > <div class="fsc-content"> <div class="container"> <div class="bs4-row "> <div class="bs4-col-12 bs4-col-md-6 "> <div class="fsc-image-wrap mri-mh mrs-text-content align-center"> <img src="https://www.mrisoftware.com/wp-content/uploads/2022/08/Lease-Management-13-1024x826.png" alt="lease management software" /> </div> <!-- .fsc-image-wrap --> </div> <!-- .col-sm-6 --> <div class="bs4-col-12 bs4-col-md-6 "> <div class="fsc-content-wrap mri-mh valign-top halign-left"> <div class="flex-content-wrap mrs-text-content"> <h2>Take control of lease management and achieve regulatory compliance too </h2> <p><span class="w-text-block "><span class="w-text-content">Tracking, monitoring and controlling lease documents, critical dates, financial components and other essential information are key functions of lease management, but we know there&#8217;s another aspect of lease administration you&#8217;re concerned about.</span></span></p> <p><span class="w-text-block "><span class="w-text-content">The impact of incorrect data flowing through to your balance sheet would have disastrous consequences but the complexity of lease management makes that hard to avoid.</span></span></p> <p><span class="w-text-block "><span class="w-text-content">That&#8217;s why we&#8217;ve been developing, evolving and perfecting our lease management software for more than 30 years, so you can take complete control of your lease data and now, send IFRS 16 compliant calculations to lease accounting with ease and confidence. <div class="article-inline-resource-card airc-86791 data-clamp-3 air-st-pop-up "> <button class="air-close" title="Close Pop-up" aria-label="Close Pop-up Have you got the right data to drive down lease costs?"></button> <div class="air-resource-type"> <span> Find out more </span> </div> <!-- .resource-type --> <div class="air-content"> <div class="air-fw"> <div class="air-cl"> <h4>Have you got the right data to drive down lease costs?</h4> <p>Want to know how AI automation can help you free up time, cut costs, and run a better business?</p> <div class="air-cta-wrap air-fw-top"> <a href="#request_demo" target="" title="Find out more" class="btn new-mri-btn btn-green-l btn-sm"> <span>Find out more</span> </a> </div> <!-- .air-cta-wrap --> </div> <!-- .air-cl --> <div class="air-thumb"> <img src="https://www.mrisoftware.com/wp-content/uploads/2023/11/AI-01-1-1024x826.png" alt=""> </div> <!-- .air-thumb --> </div> <!-- .air-fw --> </div> <!-- .air-content --> </div> <!-- .article-inline-resource-card --> <div class="air-close-layer"></div> <!-- .air-close-layer --> <style> </style> </span></span></p> <div class="fsc-cta-wrap"> <a href="#request_demo" title="Take control of lease management and achieve regulatory compliance too" class="btn new-mri-btn btn-green-l btn-md"> <span>Request Demo</span> </a> </div> <!-- .fsc-cta-wrap --> </div> <!-- .flex-content-wrap --> </div> <!-- .fsc-content-wrap --> </div> <!-- .col-sm-6 --> </div> <!-- .row --> </div> <!-- .container --> </div> <!-- .fsc-content --> <div class="fsc-background" style="background-color: "> <span class="bg-section" style="background-image: url('')"></span> </div> <!-- .fsc-background --> </section> <!-- .section full-size-cta-box --> <section class="section features section-lightblue" > <span class="header-pattern-filter "></span> <div class="container"> <div class="section-title text-center"> <h2>Set up for success in 3 steps</h2> </div> <!-- .section-title --> <div class="flexible-content"> <div class="bs4-row bs4-justify-content-center"> <div class="bs4-col-12 bs4-col-md-4"> <div class="feature-box"> <div class="box-icon"> <i class="mi-female-smile"></i> </div> <!-- .box-icon --> <h3 class="box-title">1. Book a demo</h3> <!-- .box-title --> <div class="box-content"> <p>Tell us the challenges you want to solve and we'll show you how our software works. </p> </div> <!-- .box-content --> </div> <!-- .feature-box --> </div> <!-- .col-sm-4 col-centered --> <div class="bs4-col-12 bs4-col-md-4"> <div class="feature-box"> <div class="box-icon"> <i class="mi-checkmark"></i> </div> <!-- .box-icon --> <h3 class="box-title">2. Implement</h3> <!-- .box-title --> <div class="box-content"> <p>Select the solution(s) you need and we'll help you set up for success. </p> </div> <!-- .box-content --> </div> <!-- .feature-box --> </div> <!-- .col-sm-4 col-centered --> <div class="bs4-col-12 bs4-col-md-4"> <div class="feature-box"> <div class="box-icon"> <i class="mi-rocket"></i> </div> <!-- .box-icon --> <h3 class="box-title">3. Simplify</h3> <!-- .box-title --> <div class="box-content"> <p>Gain control and confidence with enhanced lease management.</p> </div> <!-- .box-content --> </div> <!-- .feature-box --> </div> <!-- .col-sm-4 col-centered --> </div> <!-- .bs4-row bs4-justify-content-center --> </div> <!-- .flexible-content --> </div> <!-- .container --> </section> <!-- .section features --> <section class="section two-columns-layout one-columns-layout mri-v2-layout " style="background-color: transparent" data-mid=c5f712d0d2b0a7316333d549b2a067b9> <div class="container"> <div class="content-wrap" > <div class="mrs-text-content"> <div class="fsc-cta-wrap text-center"><a class="btn new-mri-btn btn-green btn-md" style="color: #054e66; background-color: #b9cf3b;" href="#request_demo" target="_blank" rel="noopener">Request Demo</a></div> </div> </div> <!-- .content-wrap --> </div> <!-- .container --> </section> <!-- .section two-columns-layout --> <style> [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] { padding-bottom: 80px !important; margin-top: -51px !important; } [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] { background-color: #007ac6 !important; } [data-mid="c5f712d0d2b0a7316333d549b2a067b9"], [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] p, [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] li { color: #fff !important; } [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] h1, [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] h2, [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] h3, [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] h4, [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] h5, [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] h6, [data-mid="c5f712d0d2b0a7316333d549b2a067b9"] .block__heading { color: #fff !important; } </style> <section class="section faq-section" > <div class="container"> <div class="faq-section-title text-center"> <div class="bs4-row bs4-justify-content-center"> <div class="bs4-col-lg-10 bs4-col-xl-8"> <h2>FAQs</h2> </div> <!-- .bs4-col-lg-10 bs4-col-xl-8 --> </div> <!-- .bs4-row --> </div> <!-- .faq-section-title --> <div class="row"> <div class="col-sm-12"> </div> <!-- .col-lg-6 --> <div class="col-sm-12"> <div class="mri-accordion-content"> <div class="mri-accordion-box"> <div class="accordion-header"> <h3>What is lease management?</h3> </div> <!-- .accordion-header --> <div class="accordion-content" style="display: none;"> <p>Lease management, also often referred to as lease administration, is the process of monitoring, managing, and controlling lease portfolios. By tracking and managing the administration of real estate and equipment leases, organizations can reduce costs, optimize asset usage, and ensure compliance with legal and financial obligations and requirements.</p> </div> <!-- .accordion-content --> </div> <!-- .mri-accordion-box --> <div class="mri-accordion-box"> <div class="accordion-header"> <h3>What are the key elements of lease management?</h3> </div> <!-- .accordion-header --> <div class="accordion-content" style="display: none;"> <p>Lease management involves the ongoing tracking and management of all aspects of a lease agreement and often includes the following key elements:</p> <ul> <li>Managing lease payments to ensure service and rent charges are correct and to avoid late payment fees.</li> <li>Monitoring lease terms to keep track of critical dates around break clauses and extensions, rent reviews, and lease renewals.</li> <li>Ensuring leases are accounted for in compliance with ASC 842/GASB 87</li> <li>Storing lease agreements and all documents associated with a lease in a centralized repository.</li> <li>Generating comprehensive lease reports to ensure a full audit trail, and provide better insights into lease data to make business-critical decisions.</li> </ul> </div> <!-- .accordion-content --> </div> <!-- .mri-accordion-box --> <div class="mri-accordion-box"> <div class="accordion-header"> <h3>What are the benefits of AI in the lease management process?</h3> </div> <!-- .accordion-header --> <div class="accordion-content" style="display: none;"> <p>Artificial intelligence plays a key role in enhancing the lease administration process by providing the tools to digitalize, extract, and structure data from real estate, equipment, and asset leases.</p> <p>Some key examples of how AI makes an impact include:</p> <p>Validates data &#8211; building out an accurate and transparent data repository of lease information, and decreasing administrative errors and potential mistakes from missing, or inaccurate data.</p> <p>Automation &#8211; automating the processing of real estate and asset leases.</p> <p>Assures compliance &#8211; closing information gaps that could slow down key decision makers, acquisitions, or sales, and creating audit trails to ensure data accuracy and authenticity.</p> <p>Maximizes revenue &#8211; ensuring billing and contracts accurately reflect commercial agreements, and uncovering expense leakage such as rent payment and processing errors, poorly tracked improvement projects, or unrecovered security deposits.</p> </div> <!-- .accordion-content --> </div> <!-- .mri-accordion-box --> <div class="mri-accordion-box"> <div class="accordion-header"> <h3>How does lease administration software ensure better management of a lease portfolio?</h3> </div> <!-- .accordion-header --> <div class="accordion-content" style="display: none;"> <p>Specialist lease management software provides a centralized platform on which to manage real estate leases and subleases, accommodate day-to-day changes, and track key dates. Examples of how software can simplify the process include:</p> <ul> <li>Intuitive user interface enables efficient and comprehensive data management.</li> <li>Automated email alerts ensures that critical lease dates are never missed</li> <li>Provides a complete picture of property and equipment leases with a single source of information.</li> <li>Integration with lease accounting tools delivers confident compliance with ASC 842 and GASB 87 standards.</li> <li>Surfaces information easily with data visualization tools, dashboards, and location mapping.</li> <li>Delivers the required transparency with reporting, audit trail capability, and access to historical lease information.</li> </ul> </div> <!-- .accordion-content --> </div> <!-- .mri-accordion-box --> <div class="mri-accordion-box"> <div class="accordion-header"> <h3>What is the difference between lease management and property management?<br /> </h3> </div> <!-- .accordion-header --> <div class="accordion-content" style="display: none;"> <p>While there is a degree of overlap between these two operations, lease management focuses solely on managing and tracking the financial, legal, and administrative aspects of lease agreements, whereas property management is more wide ranging, and concentrates more on the management of physical properties and facilities including maintenance, property operations, and tenant relations.</p> </div> <!-- .accordion-content --> </div> <!-- .mri-accordion-box --> </div> <!-- .mri-accordion-content --> </div> <!-- .col-lg-6 --> </div> <!-- .row --> </div> <!-- .container --> </section> <!-- .section mri-faq-section --> <section class="section lets-connect-form lets-connect-checker-action" data-fid="33673" id="lets-connect"> <div class="container"> <div class="lets-connect-section"> <div class="content-left-col content-col"> <div class="section-title"> <h2>Let's Connect</h2> </div> <!-- .section-title --> <div class="section-content entry-content"> <p><img fetchpriority="high" 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By tracking and managing the administration of real estate and equipment leases, organizations can reduce costs, optimize asset usage, and ensure compliance with legal and financial obligations and requirements." } } , { "@type": "Question", "name": "What are the key elements of lease management?", "acceptedAnswer": { "@type": "Answer", "text": "Lease management involves the ongoing tracking and management of all aspects of a lease agreement and often includes the following key elements: Managing lease payments to ensure service and rent charges are correct and to avoid late payment fees. Monitoring lease terms to keep track of critical dates around break clauses and extensions, rent reviews, and lease renewals. Ensuring leases are accounted for in compliance with ASC 842/GASB 87 Storing lease agreements and all documents associated with a lease in a centralized repository. Generating comprehensive lease reports to ensure a full audit trail, and provide better insights into lease data to make business-critical decisions." } } , { "@type": "Question", "name": "What are the benefits of AI in the lease management process?", "acceptedAnswer": { "@type": "Answer", "text": "Artificial intelligence plays a key role in enhancing the lease administration process by providing the tools to digitalize, extract, and structure data from real estate, equipment, and asset leases. Some key examples of how AI makes an impact include: Validates data &amp;#8211; building out an accurate and transparent data repository of lease information, and decreasing administrative errors and potential mistakes from missing, or inaccurate data. Automation &amp;#8211; automating the processing of real estate and asset leases. Assures compliance &amp;#8211; closing information gaps that could slow down key decision makers, acquisitions, or sales, and creating audit trails to ensure data accuracy and authenticity. Maximizes revenue &amp;#8211; ensuring billing and contracts accurately reflect commercial agreements, and uncovering expense leakage such as rent payment and processing errors, poorly tracked improvement projects, or unrecovered security deposits." } } , { "@type": "Question", "name": "How does lease administration software ensure better management of a lease portfolio?", "acceptedAnswer": { "@type": "Answer", "text": "Specialist lease management software provides a centralized platform on which to manage real estate leases and subleases, accommodate day-to-day changes, and track key dates. Examples of how software can simplify the process include: Intuitive user interface enables efficient and comprehensive data management. Automated email alerts ensures that critical lease dates are never missed Provides a complete picture of property and equipment leases with a single source of information. Integration with lease accounting tools delivers confident compliance with ASC 842 and GASB 87 standards. Surfaces information easily with data visualization tools, dashboards, and location mapping. Delivers the required transparency with reporting, audit trail capability, and access to historical lease information." } } , { "@type": "Question", "name": "What is the difference between lease management and property management?", "acceptedAnswer": { "@type": "Answer", "text": "While there is a degree of overlap between these two operations, lease management focuses solely on managing and tracking the financial, legal, and administrative aspects of lease agreements, whereas property management is more wide ranging, and concentrates more on the management of physical properties and facilities including maintenance, property operations, and tenant relations." } } ] } </script> <footer id="colophon" class="site-footer border--top" role="contentinfo"> <div class="wrapper pt__5 pb__5"> <div class="grid"> <div class="grid__item col-1-1 m--col-2-3 l--col-7-12 push--l--col-1-12 xxl--col-8-12 push--xxl--col-1-12"> <div class="grid__item col-1-1 xs--col-1-2 m--col-1-3 xxl--col-1-5 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