News, views and industry trends
Summer of sports, music and weather fuels strongest retail performance month on month since 2016
July provided a timely reminder that consumers are still willing to visit physical destinations when there is a compelling reason to do so. A combination of major sporting events, live entertainment, school holidays and warmer weather helped drive a …
Why AI-driven intelligence is becoming essential for modern lease administration
Across industries, organisations managing large lease portfolios are facing growing pressure to strengthen data accuracy, reduce operational risk, and uncover hidden financial opportunities. As portfolios expand and lease structures become more compl…
FRS 102 Lease Accounting: Turning Compliance into Competitive Advantage
As the 2026 deadline for the revised FRS 102 lease accounting standard approaches, finance leaders across the UK are facing a critical inflection point. The new requirements, bringing most leases onto the balance sheet, are more than a compliance exe…
Why lease accounting demands a smarter approach
With evolving standard like IFRS 16, FRS 102 and ASC 842, finance teams are facing increased scrutiny. Relying on spreadsheets alone introduces risk. MRI Software delivers purpose-built technology that brings control, clarity, and compliance to every…
What is lease management software?
Lease management software is used by real estate teams to oversee the management of their lease portfolios, from keeping on top of administration and accounting to making strategic decisions about contract renewals. Used correctly, lease management s…
How to drive efficiencies across the retail estate in 2024 and beyond
The retail landscape is a challenging environment globally, marked by the rising of costs for goods, inflation, energy, and labour. It’s vital, now more than ever, for retailers to base their decisions on data, and to take proactive measures rather t…
What is lease accounting? The basics simplified and explained
Effective from 1st January 2019 for private sector organisations and more recently in the public sector from 1st April 2022, IFRS 16 is the new standard for lease accounting issued by the International Accounting Standards Board (IASB). These latest …
What is lease management?
Lease management manages all aspects of a lease agreement, from creation to the ongoing management of the tenant-landlord relationship. Effective lease management is vital for property managers and landlords to reduce risk, maximise revenue and compl…