Due to the recent and upcoming introduction of new lease accounting standards around the world, compliance with the guidelines has become a fundamental requirement for occupiers – and should be a core element of any real estate software application.
In this webinar, we examine the dedicated lease accounting functionality in MRI ProLease and showcase how, as an existing user, you can incorporate it into your solution to create an integrated option for your end-to-end requirements.
First, we’ll provide an overview of the key lease accounting challenges organizations face – and discuss the impact of the new standards introduced by FASB, IASB and GASB in the form of ASC 842, IFRS 16 and GASB-87.
Our solution experts will then open the software and offer a product demonstration to show how MRI ProLease can be utilized to:
- Leverage underlying real estate data
- Run lease accounting calculations
- Create and run capitalization schedules
- Output a variety of flexible reports
We’ll also consider the longer-term benefits of a real estate and lease accounting solution for your business, looking at how it provides a platform for success before, during and after transition to new reporting requirements.