Lease Administration and Lease Accounting Software Compliant with ASC 842 and IFRS 16
Manage all your leased assets on one powerful platform
Manage all your leased assets on one powerful platform
MRI ProLease is a leading provider of lease administration, lease accounting, lease analysis and workplace management applications, serving more than 800 clients across 40 industries, including real estate, retail, healthcare, government and education.
Its lease accounting software for ASC 842 and IFRS 16 helps organizations fully comply with the recent regulations, handling all types of lease asset types whether real estate, equipment or vehicles.
Track and manage all types of assets, including office and IT equipment and vehicles, with visibility into critical data such as lease terms, depreciation schedules, and residual value guarantees.
Scenario modeling of new leases to aid decision-making when considering the impact of new contracts on the balance sheet.
Automatic recalculations and associated balance sheet adjustments when leasing events require it, such as extensions and terminations.
New disclosure reports providing details of right-of-use assets, interest, amortization, cash flow and weighted terms.
