Industry-leading CDMO increases bandwidth by teaming with MRI Lease Administration Services
Learn how a leading contract development and manufacturing organization is using MRI Lease Administration Services to increase bandwidth and improve the bottom line.
Business Challenge
The company was looking to efficiently centralize and effectively manage its global real estate portfolio. With only a small internal team and limited resources, the company made the decision to find and leverage new options for its lease administration requirements.
Solution
To better meet the goals of the organization, the business chose to team with MRI Software’s Lease Administration Services to proactively manage their lease administration tasks. MRI’s systematized AP/AR processes and management expertise brought immediate positive results to the company’s bottom line.
Business Impact
MRI’s fully trained, professional team of lease administrators and abstractors have successfully collaborated with the company, optimizing their global property management processes and having a positive impact on savings.
Confidence in the payments process
MRI’s Lease Audit program has helped with cost reconciliation and lease obligation compliance – the savings and cost avoidance have been impactful. This audit program also helps the company in the renegotiation process for their leases, optimizing terms and conditions.
Maximizing available resources
One of the company’s biggest challenges was reducing the burden of lease administration tasks on its internal real estate team. Working with MRI’s Lease Administration Services team has been a “force multiplier” for their productivity. Time-consuming tasks such as document centralization, abstraction and reporting are now fulfilled by the MRI team, leading to more opportunities to take on business-critical projects.
Integrating without restraint
MRI’s open and connected ecosystem enables the Lease Administration team to integrate with the business’ third-party systems, allowing them to share property data and related information across otherwise disparate systems and establish uninterrupted communication and project workflow. Industry-leading CDMO increases
bandwidth by teaming with MRI Lease Administration Services Learn how a leading contract development and manufacturing organization is using MRI Lease Administration Services to increase bandwidth and improve
the bottom line.
There isn’t a provider in the lease administration or property administration world that is on par with MRI as it relates to payments. The team outperforms all others in the industry because of their people’s expertise and experience.
– Senior Director of Real Estate