MRI ProLease Central is a comprehensive solution designed for lease administration and accounting, targeting organizations that need to manage and track real estate and equipment leases effectively. It ensures compliance with lease accounting requirements such as IFRS 16, ASC 842, and GASB 87.
Key Features:
- Lease Accounting: Facilitates compliance with accounting standards, providing structured reporting on lease details.
- Lease Management: Manages complex lease terms, stores detailed information and documents, and automates payment requests.
- Equipment Leasing: Simplifies calculations and provides visibility into equipment leases.
- Lease Abstraction: AI-powered data extraction from leases for centralized storage.
- Accounting Integration: Automates journal entries with integration to accounting systems.
Use Cases:
- Real Estate Companies: Managing property leases and ensuring compliance.
- Corporate Occupiers: Handling lease portfolios and workplace management.
- Financial Institutions: Tracking equipment leases and financial reporting.