MRI Software

About MRI Software

MRI Software is a provider of real estate software applications and hosted solutions, offering a flexible technology platform and connected cloud-based ecosystem. Designed to meet the diverse requirements of real estate owners, operators, occupiers and investors, MRI’s products span areas of property-level management and accounting, to investment modeling and analytics for the global commercial and residential markets. A suite of available solutions includes Platform X, MRI’s flagship SaaS suite that centralizes property data with secure Single Sign ON (SSO) support to deliver access across a range of integrated modules. Financial accounting, real estate lifecycle management, automated residential and commercial leasing, retail, leasing CRM support and tenant portal provision all feature along with reporting and analytics capabilities.

Other more targeted MRI solutions then go on to cover Investment Management for investment lifecycle management, plus MRI Horizon for commercial, retail and residential property owners. This multi-language solution delivers BI-powered insights and visibility onto real estate portfolio performance with graphical dashboards and cross-browser access. Horizon CRE focuses specifically on occupiers, before MRI Qube Property Management and Sales and Lettings offer end-to-end functionality respectively. MRI FM for facilities management covers maintenance scheduling, work orders, contractor management and asset tracking for contractors, while MRI Planet extends that with FM process control tools including mobile app support.

Pricing starting from:

Not provided by vendor

  • Free Version
  • Free Trial
  • Subscription

Key benefits of MRI Software

• MRI Software provides an "open and connected" online, SaaS-based platform of real estate management solutions that are designed to be flexible enough to meet the requirements of property brokers, agents, investors, operators and owners within corporate or residential sectors.

• MRI’s lease management solutions include MRI Lease Flow that incorporates a CRM which automates the leasing process by centralizing lease data collection and management within a single location.

• Integrated online property management portals are available, including Tenant Connect for giving tenants access to personal account information, plus Resident Connect for paying rent, viewing statements and raising service requests.

• MRI FM for facilities management covers preventative maintenance planning with asset tracking and management features supported by mobile solutions for iOS, Android and Windows devices.

• MRI Workspeed is an end-to-end real estate operations management app available for iOS and Android, offering service request creation and dispatch tools for property managers, engineers and tenants.

• Reporting capabilities include MRI's AnalytiX Portal built on data visualization software Tableau to provide visual analytics, on-demand dashboards, ad hoc analyses and collaborative insights – optimized for secured access across mobile devices.

Typical Customers

  • Freelancers
  • Small Businesses (2-50)
  • Mid-size Companies (51-500)
  • Large enterprises (500 and more)

Deployment

  • Cloud-based
  • On-premise

Markets

Australia, Canada, Mexico, New Zealand, South Africa and 3 others

Supported Languages

English

Pricing starting from:

Not provided by vendor

  • Free Version
  • Free Trial
  • Subscription

Images

MRI Software Software - MRI’s Platform X solution is a SaaS and web-enabled real estate property management software solution that centralizes access to property data to promise greater levels of accuracy and security with Single Sign On (SSO) support
MRI Software Software - Analytix portal and data store uses business intelligence to offer features including data visualization, portfolio analysis, performance insights around market trends, plus the creation of executive-level interactive dashboards
MRI Software Software - Vendor record management
MRI Software Software - A budget workbook report within MRI Software, detailing baseline variances across a number of financials such as taxes and reimbursements
MRI Software Software - View mortgage repayment details
View 7 more
MRI Software video
MRI Software video
MRI Software Software - MRI’s Platform X solution is a SaaS and web-enabled real estate property management software solution that centralizes access to property data to promise greater levels of accuracy and security with Single Sign On (SSO) support
MRI Software Software - Analytix portal and data store uses business intelligence to offer features including data visualization, portfolio analysis, performance insights around market trends, plus the creation of executive-level interactive dashboards
MRI Software Software - Vendor record management
MRI Software Software - A budget workbook report within MRI Software, detailing baseline variances across a number of financials such as taxes and reimbursements
MRI Software Software - View mortgage repayment details

Features

Total features of MRI Software: 104

  • Access Controls/Permissions
  • Accounting Integration
  • Ad hoc Reporting
  • Alerts/Notifications
  • Amortization Schedule
  • Asset Lifecycle Management
  • Asset Tracking Software
  • Audit Management
  • Audit Trail
  • Bank Reconciliation
  • Benchmarking
  • Budgeting/Forecasting
  • Capitalization Reporting
  • Cash Flow Analysis
  • Checklists
  • Client Portal
  • Commercial Leases
  • Commercial Properties
  • Commercial Property Management Software
  • Compliance Management
  • Configurable Workflow
  • Contract/License Management
  • Corrective and Preventive Actions (CAPA)
  • Credit Check
  • Critical Date Alerts
  • Customizable Branding
  • Customizable Forms
  • Customizable Reports
  • Dashboard Creation
  • Data Import/Export
  • Data Visualization Software
  • Deal Management
  • Drag & Drop
  • Electronic Payments
  • Equipment Maintenance Software
  • Equipment Management
  • Facility Asset Management
  • Facility Scheduling
  • Fee Collection
  • Financial Management Software
  • Fixed Asset Management Software
  • Floor Plans & Maps
  • For Commercial Real Estate
  • For Equipment Leases
  • For Investors & Traders
  • For Offices
  • For Property Managers
  • For Real Estate
  • For Retail
  • For Schools
  • Forecasting
  • Fund Management
  • Historical Reporting
  • Incident Management Software
  • Insurance Management
  • Inventory Control Software
  • Inventory Management Software
  • Investments Tracking
  • Late Fee Calculation
  • Lease Management Software
  • Lease Origination
  • Maintenance Management Software
  • Materials Management
  • Mobile Access
  • Modeling & Simulation
  • Multi-Location
  • Occupancy Management
  • Owner Portal
  • Parts Management
  • Payment Processing Software
  • Payment Tracking
  • Performance Metrics
  • Planogramming
  • Portfolio Rebalancing
  • Preventive Maintenance Software
  • Purchase Order Management
  • Real Estate
  • Real Time Data
  • Real Time Reporting
  • Recurring/Subscription Billing
  • Reminders
  • Rent Tracking
  • Rental Property Management Software
  • Reporting & Statistics
  • Residential Leases
  • Residential Properties
  • Retail Leases
  • Risk Management Software
  • Self Service Portal
  • Service Request Management
  • Space Management Software
  • Space Reservation
  • Status Tracking
  • Strategic Planning Software
  • Tax Management Software
  • Tenant Portal
  • Tenant Tracking
  • Third Party Integrations
  • Transaction History
  • Usage Tracking/Analytics
  • Vacancy Management
  • Visitor Management Software
  • Visual Analytics
  • Workflow Management Software

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Reviews

Overall rating

4.3 /5
(79)
Value for Money
3.9/5
Features
4.2/5
Ease of Use
4.1/5
Customer Support Software
4.2/5

Already have MRI Software?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 79
Rhiannon
Overall rating
  • Industry: Real Estate
  • Company size: 201–500 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support Software
  • Likelihood to recommend 10.0 /10

Change is scary - but sometimes you just have to leap!

Reviewed on 2020-06-11

Over the course of 12 years and major changes on the MRI side - things haven't always been sunshine...

Over the course of 12 years and major changes on the MRI side - things haven't always been sunshine and rainbows but I have to say that MRI listens to its clients. They don't always get things right in the beginning but they have always taken our feedback and used it to evolve their offerings. We have worked with a number of other 'industry-leading' software companies and have never had the kind of interactive experience we have had at MRI.

Pros

We migrated from DOS based proprietary software in 2008 to a combined MRI/BostonPost platform. Change is scary and difficult but our experience during implementation was amazing. The implementation team walked us through each area to make sure our end result was exactly as we wanted it!

Cons

Growing pains have been the only real negative issue - but that is expected when you have been with a company that is constantly evolving for 12 years! MRI has a laser-like focus on constantly bringing the software to the next level, but we aren't always ready to level-up so we can see the new tools available but aren't quite able to use them yet - and that is really a reflection of our company, not MRI.

Response from MRI Software

Thank you for the extraordinary review, Rhiannon! We appreciate your partnership and honest feedback. As you mentioned in your review, we are constantly trying to improve based on our clients needs and we are ecstatic to know you've seen it first hand. We will continue to be here for you and your team and look forward to the journey together!

Colleen
Overall rating
  • Industry: Real Estate
  • Company size: 2–10 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support Software
  • Likelihood to recommend 9.0 /10

MRI Software Review

Reviewed on 2020-07-23

We have a fairly small real estate company. We only do commercial properties in MRI currently (not...

We have a fairly small real estate company. We only do commercial properties in MRI currently (not multi-family yet). We decided to start using MRI upon forming the company knowing we were growing rapidly. We only have about 250 commercial leases so the total software cost is probably expensive on a per lease basis but it is well worth having it in place now instead of using something cheaper and then having to do a large complex implementation. My overall experience with MRI is positive and would recommend to anyone in the industry.

Pros

Been a user of MRI for many years. I implemented it twice at two different companies but have used it at three companies. I have used web and windows version. I like the software because it is easy to use and implement. But the greatest benefit in my mind is the customer support and customization that is available. MRI has always been very responsive to helping me address my needs whether it be an issue with the software, a mistake I made or a customization question.

Cons

I wish the communication center was quicker. We use the web version and sometimes the reports take several minutes to become available and sometimes the messages don't appear at all and we have to logout and get back in to reset.

Response from MRI Software

Hello Colleen,
Thank you so much for taking the time to leave us a great review! We are happy to hear you have used MRI Software in your various positions and enjoy our stellar customer support! We look forward to working with you for many more years to come!

Helena
Overall rating
  • Industry: Real Estate
  • Company size: 501–1,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support Software
  • Likelihood to recommend 5.0 /10

Detailed Financials

Reviewed on 2022-09-30

For the needs of the company at the time, it was a great solution. However as we evolved, we...

For the needs of the company at the time, it was a great solution. However as we evolved, we realized we needed something to help us grow with the times.

Pros

MRI was a bit more financial intense than other softwares we use. We had a basic version of MRI and the ability to control exactly where money went was nice but took more time than needed.

Cons

Everything was a process. There were so many steps to every thing. It took more time to accomplish some tasks than was truly necessary.

Richard
Overall rating
  • Industry: Government Administration
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support Software
  • Likelihood to recommend 9.0 /10

MRI SOFTWARE - REVIEW FROM PUBLIC HOUSING PERSPECTIVE

Reviewed on 2020-06-16

MRI is always willing to listen to what we would like to do. They see if their software can adapt...

MRI is always willing to listen to what we would like to do. They see if their software can adapt to our "wish list" of changes. MRI has involved the users to come up with screen design and software design to help make our jobs easier and the software better.

Pros

Our previous software vendor, Tenmast, was purchased by MRI. Seeing what software was being developed for the Public Housing arena was great. Many features of MRI's current real estate software is being incorporated into our existing software and new products are coming out. MRI has a great vendor partnership that allows the vendor to seamlessly integrate their software with MRI's databases. You get the best of both worlds. A vendor's software that works against your core business software. The vendor selection is fantastic.
MRI has also rolled out new features for the Public Housing market that is helping us get our jobs done better and faster. We can't wait for the newest software to come out.

Cons

We have not been able to take full advantage of the MRI software as this is being worked on now. The release date is not until sometime in mid 2021. I see so many features in MRI plus their reports that I could utilize now but must wait.

Response from MRI Software

Thank you for your excellent review, Richard! We are excited to welcome you to the MRI family. We are happy to hear the partnership we created with Tenmast has been beneficial for you and we look forward to increasing our capabilities and growing our relationship with you and your team!

Ben
Overall rating
  • Industry: Real Estate
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support Software
  • Likelihood to recommend 8.0 /10

MRI Software Makes Our Business Run

Reviewed on 2020-12-29

Overall, MRI Software makes our multifamily, commercial and accounting silos run smoothly, as it...

Overall, MRI Software makes our multifamily, commercial and accounting silos run smoothly, as it has been ingrained in our business processes for well over a decade. While it can be difficult to get working integrations, as well as the overall license cost being at the highest end of the industry, we can't envision using any other property software in the near or long term.

Pros

The majority of our employee base has been trained on one or more MRI Software products, so just on familiarity and knowledge-base alone having MRI is an absolute must. The amount of modules available for almost every business process there is in our industry is a huge plus. MRI Software is willing to develop/integrate with pretty much any partner out there for a price, which is great. The reports available in MRI are unmatched with any other software we've seen in this space. Support is great and highly knowledgable.

Cons

MRI Software is at the highest end of pricing in the industry. The software is complex and not the easiest to learn. While they are willing to integrate with a wide variety of partners, they can sometimes put the cart before the horse with these, meaning their Development teams tend to roll an integration out without fully testing or anticipating potential issues.

Showing 5 reviews of 79 Read all reviews

MRI Software FAQs

Below are some frequently asked questions for MRI Software.

MRI Software offers the following pricing plans:

  • Starting from:
  • Free Trial: Not Available

Contact MRI Software directly for pricing information.

MRI Software has the following typical customers:

Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

MRI Software supports the following languages:

English

MRI Software supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

We do not have any information about what integrations MRI Software has

MRI Software offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base Software, Phone Support, 24/7 (Live rep), Chat

Related categories

See all software categories found for MRI Software.