Blog September 14, 2020

MRI Software wins third Stevie® Award!

By Chris Vroman

MRI Software is thrilled to announce that we’ve won a Stevie® Award in the Large Computer Software Company of the Year category at the International Business Awards for the third year in a row! We’ve spent the last year and a half delivering on the promise of innovative solutions for the real estate industry, and we’re proud to have won this Stevie Award that acknowledges those innovations.

An innovation-driven approach

In 2019, MRI Software introduced several new products designed to further enable clients to transform the way their communities live, work, and play with an open and connected ecosystem of software solutions. One such product was MRI Application Gateway, a consumer-friendly homepage that allows users to access all of their MRI and third-party applications through one point of entry.

MRI also introduced a comprehensive payment solution that supports online and check payments for residential properties. Since the introduction of this product, MRI clients have been able to utilize its dashboard that tracks payment trends, alerts, and notifications for complete visibility into all transactions. MRI’s payments solution has served as an intuitive addition to the platform with the potential to expand into global markets in the coming years.

Delivering for our clients in times of crisis

The COVID-19 pandemic has challenged companies across the globe in ways they never thought possible. As North American companies were starting to see impacts to their business, MRI developed new features for our software solutions to help clients rise to the many challenges. Driven by a belief that leveraging technology was one of the best options property owners and managers could take to ensure business continuity while observing social restrictions, MRI introduced tools to help multifamily and commercial landlords account for deferred rent payments, outbound call routing capabilities to assist property leasing agents working remotely, and new analytics dashboards to give clients deeper insights into risk.

In addition to these product offerings, MRI also formed and mobilized a Market Insights team to monitor key indicators of health in the multifamily, affordable, and public housing industry. Every month since May, the Market Insights team has released data on how these industries compare to one another in terms of move-in rates, new application rates, and lease term statistics. These trends help to paint a picture of how the three housing sectors are faring amid a volatile environment. The report covering data through August 2020 is available here.

Market expansion and growth

In addition to all of this, MRI has been greatly expanding into underserved markets and building upon our own product offering to better serve people in these markets. In the past year alone, MRI has made several acquisitions to boost our offerings for the social housing industry on a global scale, extending the reach of our solutions in the UK and Australia. MRI has also taken on a greater role in the real estate occupier space, broadening our solutions around lease management, lease accounting, space management and more.

At MRI Software, the past several years have seen a team of highly talented professionals execute on a mission of strategic growth and innovation, and this award is only one of the latest indications that this approach is working. Recently, MRI Software’s growth was recognized on the Inc. 5000 list of fastest-growing private companies, and our success in expanding the reach of MRI’s product offerings was acknowledged with a Stevie Award win in the APAC region. MRI Software is proud to have received all these honors, but in terms of innovation, expansion, and growth, the best is yet to come.

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