What is ProLease?
Industry Specialties: Real Estate
ProLease by MRI is a lease and property management solution that helps track, access and consolidate all property related documents in a single location. It is designed for multi-location profiles and offers lease management, lease accounting, equipment lease, maintenance management and project management. It also has multilingual and multi-currency features to manage global lease portfolios.
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Benefits and Insights
Why use ProLease?
Key differentiators & advantages of ProLease
- Integration: Automatically integrates journal entries with accounting systems and integrates with MRI’s lease intelligence solutions to enable fast data extraction.
- Customer Support: A team with technical accounting expertise is available to help through any difficulties.
- Notifications: Set customized notifications for events such as rent escalation, security deposit maturation and lease expiration.
- Dashboard: Offers a single panel, real-time user interface that displays graphs of current status and historical trends of KPIs.
Specialises in industries that require any form of lease management and is best suited for real estate, corporate offices, education, government and retail.
- Lease Accounting: Ensures compliance with ASC 842/IFRS 16 lease accounting standards, and is compatible with FASB and IASB guidelines. Manages accounts payable and receivable, expenses and percentage rent.
- Lease Management: Track and manage property and equipment leases. Manage different types of properties including leased, owned and subleased.
- Space Management: Manages floor layouts, seating arrangements, employee movements and space usage.
- Maintenance Management: Create, manage, and track work orders, as well as schedule preventive maintenance and equipment maintenance tasks.
- Project Management: Manage the scheduling, budgeting, documentation and reporting of different real estate projects. Also manage project details like renewals, oversee the selection and renovation of sites, and take care of dispositions.
- Lease Abstraction: Extracts data from leases and stores it in a smart and centralized repository.
mail_outlineEmail: Not mentioned.
phonePhone: + 1 (800) 321-8770.
schoolTraining: Available through a training academy, via on-site training, recorded videos and eLearning.
local_offerTickets: Not mentioned.
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