Cleveland, Ohio (PRWEB) May 03, 2013
MRI Software revealed the latest development in the company’s line of highly configurable property management solutions: Commercial Recovery Estimate Processing, the eagerly awaited enhancement to Budgeting & Forecasting.
Integrating substantial customer input, MRI Budgeting & Forecasting was designed to streamline the budgeting process, while increasing data insights and quality control for end users. The software takes the guesswork out of financial planning by utilizing the robust data already available in the MRI System, giving property managers the ability to analyze data from multiple sources simultaneously. Moreover, the program runs on an easy to use web-based interface, empowering the customer to efficiently navigate through budgets and complete tasks.
Budgeting & Forecasting Recoveries will complement the product’s robust reporting abilities by providing reforecast-specific tools designed to handle adjustments as they transpire. The integration of both current and historic actual amounts, departments, leases, recovery setup, rent steps, and area history makes it easy to construct budgets with a high degree of accuracy. Additionally, the software provides robust, configurable reporting, allowing users to drill down for lease-level recovery calculations to ensure that all relevant inputs are factored into the final budget.
“We are thrilled to integrate the Recoveries functionality into Budgeting & Forecasting,” said David Post, CEO of MRI Software. “Our clients are very excited about these enhancements. They will save substantial time and resources in generating the complex reports that are imperative in their yearly budgeting process. The continued development of this product is a great investment for MRI, given the impact these capabilities have on our customers’ ability to make better decisions and more efficiently run their businesses.”
About MRI Software
MRI offers business 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.