News, views and industry trends
How to overcome challenges of real estate fixed asset management
Fixed asset management is a tedious and sometimes overly complicated process. Think about some of the tedious tasks in your daily life. Have you ever had moments where you stop and think, “is this really the best way I can be doing this?” When we ask…
General ledger accounting for properties
General ledger accounting can sometimes seem like an uphill battle. Having to manage multiple accounts, perform bank reconciliations, and file journal entries can leave room for potential errors in your property accounting. This begs the question, “H…
5 ways to fight fraud with AP automation
Over the past few years, AP departments have been fending off payments fraud the way Luke Skywalker battles Darth Vader in Star Wars. It has been both a tough and challenging fight. Since the pandemic began, bad actors have used societal changes and …
4 benefits of automating real estate vendor payments
This blog was written by Charles Hartley, Senior Content Writer at AvidXchange. AvidXchange helps real estate companies liberate their accounts payable from the endless paper chase of manual checks. MRI Vendor Pay powered by AvidXchange is a complete…
Five reasons to integrate your property tax management and accounting software
This blog was written by Mordechai Katzman, President and Founder of Rethink Solutions. Rethink Solutions., a certified MRI Software partner, is the developer of itamlink, the only dedicated property tax management software for owners and occupiers …
Planning for the future with FP&A technology
This article was co-written by Brian Zrimsek, Industry Principal, and Arik Kogan, Vice President of Financial and Investment Solutions at MRI Software. The COVID-19 pandemic has created the most challenging planning and forecasting moment for real es…
New lease accounting standards: Driving compliance through collaboration
Takeaways: Private companies and non-profits shouldn’t procrastinate, even with the deadline extension to 2021. Collaboration across reporting lines within an organization can make the transition to compliance with the new lease accounting standards…
Budgeting & Forecasting: Short term management vs. long term strategy
Budgeting and forecasting can be a long, painful process that hinges on an organization’s ability to make accurate assumptions in order to balance the long term planning and short term management of the business. It’s possible to simplify this proce…
