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MRI ProLease Reviews & Product Details

Verified User in Gambling & Casinos
UG
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about MRI ProLease?

I found their reminders and lease seaching tools to be very helpful Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

It was onlynas good as the info you entered in to it. Sometimes loading all that info was time consuming. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

It helped us stay on top of lease renewals Review collected by and hosted on G2.com.

MRI ProLease Overview

What is MRI ProLease?

MRI ProLease is a complete end-to-end, AI powered solution for lease administration and lease accounting. Trusted by over 800 clients across 40 industries, MRI ProLease offers cloud-based solutions to manage and track real estate and equipment leases, comply with the latest ASC 842/GASB 87/IFRS 16 lease accounting requirements, automate workflows, and easily generate accurate and consolidated reports. Designed by industry experts, MRI ProLease’s automated AI data extraction and accounting tools eliminates the need to trawl through complex lease contracts enabling fast access to the data required, to avoid costly mistakes and mitigate risks.

MRI ProLease Details
Product Website
Languages Supported
English
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Product Description

Trusted by over 800 clients across 40 industries, MRI ProLease offers cloud-based software solutions to manage every aspect of lease management, lease accounting, space management and CAFM requirements. It is the go to solution for compliance with the upcoming ASC 842/IFRS 16 lease accounting standards and offers dual reporting on the same leases


Seller Details
Company Website
Year Founded
1971
HQ Location
Solon, OH
Twitter
@mrisoftware
2,771 Twitter followers
LinkedIn® Page
www.linkedin.com
3,677 employees on LinkedIn®
Description

MRI Software is a leading provider of real estate software solutions that transform the way communities live, work and play. MRI’s comprehensive, flexible, open and connected platform empowers owners, operators and occupiers in commercial and residential property organizations to innovate in rapidly changing markets. MRI has been a trailblazer in the PropTech industry for over five decades, serving more than two million users worldwide. Through leading solutions and a rich partner ecosystem, MRI gives real estate companies the freedom to elevate their business and gain a competitive edge. For more information, please visit http://www.mrisoftware.com.


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Overview Provided by:

Recent MRI ProLease Reviews

Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
4.0 out of 5
"Scotts Miracle-Gro ProLease Review"
It is very user friendly & easy to navigate.
Verified User
U
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"Decents software for 842 leases for real estate & equipment"
It's great to have ProLease calculate the capitalization schedules and monthly journal entries for 842 leases as well as the monthly disclosures.
MH
Melanie H.Small-Business (50 or fewer emp.)
4.0 out of 5
"Easy to use"
Prolease is a simple way to oraganize and track all aspects of a lease. Contains everything needed to easily find the important information the doc...
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MRI ProLease Media

MRI ProLease Demo - MRI ProLease
ProLease dashboard
MRI ProLease Demo - MRI ProLease
ProLease map
MRI ProLease Demo - MRI ProLease
ProLease property screen
MRI ProLease Demo - MRI ProLease
ProLease reports
MRI ProLease Demo - MRI ProLease
ProLease capitalization report
MRI ProLease
Play MRI ProLease Video
MRI ProLease

Official Downloads

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34 out of 35 Total Reviews for MRI ProLease

4.1 out of 5
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34 out of 35 Total Reviews for MRI ProLease
4.1 out of 5
34 out of 35 Total Reviews for MRI ProLease
4.1 out of 5

MRI ProLease Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Verified User in Education Management
AE
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MRI ProLease?

ProLease has helped our team become more organized with our many leases. Our company manages almost 100 locations and all with their respective legal documents. With the critical date reminders and comprehensive data fields we are able to stay on top of our locations needs and ensure that we do not miss any necessary deadlines. We appreciate the timely manner that our questions are always addressed by the customer support team, and their willingness to provide as many solutions as possible. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

It would be helpful if more of the features were available under the same software purchase. We could make use of the project management tools, but since it is an additional cost we do not utilize it. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

We are able to see all of the data from our leases at a glance at any time. Prior to using Prolease we would have to deep dive on a lease to find the property management information or language regarding extending our term. With Prolease those data points are not only easily accessible, but also prompted by email alarms to ensure we do not miss anything. Review collected by and hosted on G2.com.

MH
Leasing and Brokerage Coordinator
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MRI ProLease?

Prolease is a simple way to oraganize and track all aspects of a lease. Contains everything needed to easily find the important information the document provides. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

The downsides of Prolease are how the different modules do not integrate well with eachother. Example being the Real Estate, Maintenance and Project modules should be able to be connected better but there is a disconnect between these products. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

Prolease helps find information faster than reading through an entire lease document to find needed info in a moments notice. Review collected by and hosted on G2.com.

Verified User in Insurance
UI
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MRI ProLease?

It's great to have ProLease calculate the capitalization schedules and monthly journal entries for 842 leases as well as the monthly disclosures. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

The user quide should be searchable by subject or question. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

ProLease automates 842 lease accounting. Review collected by and hosted on G2.com.

Verified User in Real Estate
AR
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MRI ProLease?

It is very user friendly & easy to navigate. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

It can be dificult to enter one-time charges. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

Keeping track of the Real Estate portfolio. Review collected by and hosted on G2.com.

Verified User in Government Administration
AG
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about MRI ProLease?

We like the ease of inputting data and generating reports Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

We'd like to be able to customize reports that include financial data. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

Free Rent Calculations are easy to do. Review collected by and hosted on G2.com.

Verified User in Computer Software
UC
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about MRI ProLease?

Compliance to ASC 842 and stores all leases. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

Not very user-friendly, standalone system, everything is manual. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

ASC 842 compliance. Review collected by and hosted on G2.com.

Verified User in Commercial Real Estate
AC
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Organic
What do you like best about MRI ProLease?

I like the inbuilt different type of calculators, I like the date calculator in particular. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

No "back" button. Eg. When run a report, always have to go back to the report template via main report listing, and fill out the filter form again. Dislike too many screens compared to other lease management softwares that are able to show all details on single screen. Dislike the need to create new subspace if there was change of rent due to market review. Review collected by and hosted on G2.com.

Recommendations to others considering MRI ProLease:

Overall, MRI supports are good. The product itself is a little disappointing. For those who are considering taking the software, ask for long trial access and do not jump into a contract straight away. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

Some problems that are slowing down business operation: ProLease is unable to show current rent based on lease start date, unable to capture rent in reports for monthly holdover lease, CPI has to be manually updated etc. Issues was reports more than ten months and still being resolved. Review collected by and hosted on G2.com.

Claire H.
CH
Account Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about MRI ProLease?

We are able to instantly pull up all of the details on any given lease with only a couple clicks of the mouse and all was really quick. The Customer Support you get with prolease is exceptional, they really ensure customer satisfaction. Communications have improved a lot in the past year since we have been using this. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

: I would like to be able to run a report for a specified date without having to save reports. Other than that, the software has been a joy to work with. Review collected by and hosted on G2.com.

Recommendations to others considering MRI ProLease:

Automates everything related to leases and eases your work, recommend this. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

Having all of our leases in one place and NOT a spreadsheet has saved considerable amount of time and effort having to get ready for the new accounting changes. Review collected by and hosted on G2.com.

Anasthasia W.
AW
Marketing manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about MRI ProLease?

I have been using prolease since few months now, prolease have been working really well for me. With the use of pro lease our team was able to keep track of all the tenants and the leasing process. Things are a lot easier now since we got this software. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

One thing I don't like is, it is hard to use and understand but once you understand using it, its simple and less complex. Another thing, tad pricey. Review collected by and hosted on G2.com.

Recommendations to others considering MRI ProLease:

So far all is really good, if your company have several client in different areas use it. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

With this software, leasing and keeping track have been easier for us, I would say it have benefited me in several ways, would recommend. Review collected by and hosted on G2.com.

Kirsten R.
KR
Realtor
Farming
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about MRI ProLease?

Great functionality. It really streamlined and organized the rental handling process. Without this program it would have been a lot more work, and there would've been a lot more room for errors. It was really helpful when going back to look for information on a property or tenant. Review collected by and hosted on G2.com.

What do you dislike about MRI ProLease?

There isn't anything I really disliked about the product. It did everything we used it for without a problem. The hardest part was learning where everything was and how it worked. Once we got that down it was a breeze and very useful. Review collected by and hosted on G2.com.

What problems is MRI ProLease solving and how is that benefiting you?

We used this mainly for our rental properties. Keeping everything together and organized, it really made handling our rentals much easier. We definitely didn't use the program to its full potential, or all its features. Review collected by and hosted on G2.com.