MRI Software Announces Release of Property Management 4.5

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Focusing on a user-friendly interface and harnessing the power of web-based applications, MRI 4.5 is now available.

'We are dedicated to continually improving our highly configurable, award-winning suite of property management solutions, and are confident that our customers will appreciate the enhancements our 4.5 release will bring them.' - David Post, CEO of MRI

MRI Software announced today the availability of MRI Property Management 4.5, the most recent release of the company’s award-winning property management software. With its MRI 4.5 release, the company makes available additional modules in the MRI Web environment, new feature enhancements to MRI Budgeting & Forecasting, Resident Connect, and Tenant Connect, usability improvements that include multi-tasking abilities inside the web-based interface, and numerous updates and fixes.

The 4.5 platform focuses on the customer experience, with increased functionality and usability inside the highly configurable property management system. With a heavy emphasis on the Property Management Web interface, MRI has added several products to its browser-based system: JobCost, a development and construction accounting application that enables the tracking of real estate projects as they progress through the project life cycle; Purchase Order, a critical piece of accounting functionality that allows clients to efficiently enter, print, approve, and invoice purchase orders; Enterprise General Ledger, a system designed to support the most sophisticated corporate consolidated and portfolio accounting requirements.

“MRI recognizes the growing importance of mobility-enabling web functionality. We are excited to add new modules to our user-friendly web environment that empower clients to access their MRI information in an intuitive, browser-based interface,” said David Post, CEO of MRI Software. “We are dedicated to continually improving our highly configurable, award-winning suite of property management solutions, and are confident that our customers will appreciate the enhancements our 4.5 release will bring them.”

For the multifamily market, MRI’s award-winning Residential Management product received several updates, including improved reconciliations capability for check scan batches, enhancements to the DHCR leasing and renewing process, and auto non-cash credit applies for Web. MRI Resident Connect, the powerful online portal that enables residents to manage their accounts online, directly submit service requests, pay rent, and even renew their lease electronically, has been integrated with RentPayment to allow for resident credit card transactions. These enhancements further illustrate MRI’s commitment to the Multifamily industry, as these products create the most robust end-to-end resident life cycle solution in the market.

In the commercial market, MRI’s award-winning Commercial Management solution received multiple updates, including the introduction of batch entry shortcut keys, improved data entry capabilities, and security enhancements to MRI Tenant Connect, the secure tenant portal where commercial clients can make payments, enter sales data, review account status, and initiate service requests. In addition, MRI’s Budgeting & Forecasting solution now includes integrated recoveries functionality, CPI calculations and estimates, further integration to LeaseFlow, and column-style comparative budget reports.

Lastly, the 4.5 release featured several international enhancements to support the global markets, including, but not limited to, Accounts Payable International EFT framework, EMEA service charge enhancement, and country pack updates for China, Australia, and New Zealand.

For more information on MRI Property Management 4.5, click here.

About MRI Software
MRI offers property management software solutions to the global real estate 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 our website.

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April Haviland
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