Steiner + Associates Embraces MRI Software’s New Budgeting &Forecasting Offering to Execute Business-Critical Financial Predictions

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In an effort to calculate a more efficient budget with higher quality projections and insights, Steiner + Associates entrusted MRI Software’s embedded solution.

It’s encouraging to have an enthusiastic, hands-on client like Steiner + Associates adopt one of our latest commercial offerings.

Steiner + Associates, a Columbus, Ohio based retail development company, chose to implement MRI Budgeting + Forecasting(B&F) after seeing a live demonstration during the annual MRI International Users Conference (IUC). Steiner + Associates will now be able to compile reliable budgets and calculate financial projections on a three year horizon, with a new tool that effortlessly integrates with their existing MRI product suite.

Steiner + Associates use of MRI’s solutions has benefitted all areas of the company by streamlining property management and financial reporting since 2001. The company has participated in several User Group Sessions to offer ideas and suggestions for creating the next level of budgeting module within MRI. Some of their proposed advances included the ability to have additional control over loading expenses, loading and re-loading leases, easier reforecast functionality, and more user friendly functions that minimize training. During the product demonstration at the IUC, they were pleased to see many of their business needs put into practice, which was a deciding factor in the determination to purchase MRI Budgeting & Forecasting.

“When I saw the completed product at the 2012 MRI International Users Conference I was thrilled to see so many of our ideas in the program,” explained Karen Blake of Steiner + Associates. “The announcement that the Budgeting and Forecast solution was built directly into the existing data structure of MRI Financials made the decision to migrate over from Foresight very easy. We are looking forward to having a fresh, user-friendly, and intuitive solution while continuing to benefit from the flexibility through individual client customizations that MRI allows.”

With MRI’s new Budgeting & Forecasting solution, Steiner + Associates will be able to fulfill the business-critical need to have multiple associates working in the same report at the same time. Additionally, the program will leverage previous budgets and current data found in the MRI General Ledger, providing the property manager with the ability to analyze data from multiple sources simultaneously and produce highly-accurate financial reports. Moreover, the program runs on an easy to use web-based interface, empowering the customer to quickly navigate within the software.

“It’s encouraging to have an enthusiastic, hands-on client like Steiner + Associates adopt one of our latest commercial offerings,” explained David Post, CEO of MRI Software. “They will see firsthand how Budgeting & Forecasting complements their existing MRI accounting structure, saving them time and allowing optimized financial decision making with lease-level granularity.”

For more information on MRI Budgeting + Forecasting, visit http://www.mrisoftware.com/budgeting-and-forecasting.

About MRI Software

MRI offers property management software solutions to the global property management and investment industries. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the global multifamily and commercial property industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its more than 40 years in business to develop long-term successful relationships with its clients. For more information, please visit http://www.mrisoftware.com.

About Steiner + Associates

Steiner + Associates was founded in 1993 by Yaromir Steiner, and operates out of Easton Town Center in beautiful Columbus, Ohio. Within the last twenty years, Steiner has built, developed, leased and managed more than $1.7 billion of projects comprising 7.4 million square feet of retail and mixed-use space. Accomplished in development, property management, financing, and leasing, Steiner + Associates prides itself on being a completely integrated development company. Steiner has developed its company to possess the size, resources and relationships needed to execute even the largest and most complex projects, but still maintains flexibility and the adaptive expertise that allows the firm to be responsive to the ever-changing real estate market.

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April Haviland
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