News, views and industry trends
How leasing software mitigates the challenges healthcare organizations face
Healthcare organizations face numerous challenges, ranging from managing their resources efficiently to ensuring regulatory compliance and providing the best possible care to patients. One of healthcare organizations’ most significant challenge…
More data, more problems: The need for collaboration across real estate teams
Every action that takes place in and around a building has the potential to create data – and lots of it. Information comes from leases, work orders, energy usage alarms, sensors, and more. The people that set foot on your property generate data poin…
What is lease management?
Lease management manages all aspects of a lease agreement, from creation to the ongoing tenant-landlord relationship. Effective lease management is vital for property managers and landlords to reduce risk, maximize revenue, and comply with regulatory…
What is Lease Accounting?
Effective from December 15, 2018 for private sector organizations, and more recently in the public sector from December 15, 2021, ASC 842 is the new standard for lease accounting issued by the Financial Accounting Standards Board (FASB). Meanwhile, G…
What is the future of your real estate ecosystem?
When the pandemic struck two years ago, almost overnight, office workers switched to remote working and PropTech made the mainstream press, quickly becoming a business imperative. Once the real estate industry overcame the initial disruption and beca…
The changing landscape of retail real estate
The concept of ‘reinvention’ seems to be on everyone’s lips across many disciplines, many sectors, and many organizations, due to the global economy and business landscape evolving. Global challenges pile pressure on organizations to become more inno…
Quadrant names MRI Software a Technology Leader in Integrated Workplace Management Systems
We’re proud to announce that MRI Software has been recognized as a Technology Leader in the SPARK MatrixTM: Integrated Workplace Management Systems Research, 2021 from Quadrant Knowledge Solutions. Quadrant Knowledge Solutions, a global advisory and …
Key accounting factors to consider when making lease modifications
In the aftermath of the pandemic, many organizations are re-evaluating the amount of available workspace in their leases, whether for space management or financial reasons. This requires real estate accountants to modify leases properly and stay comp…