News, views and industry trends
What is Lease Accounting? The basics simplified and explained
Effective from 1st January 2019, IFRS 16 are the new standards for lease accounting issued by the International Accounting Standards Board (IASB). These latest requirements for lease accounting are designed to deliver additional asset transparency an…
The 6 common misunderstandings about lease management software
Process Automation is a key focal point for property managers and business tenants. With each new app or innovation comes an eager group of early adopters, in addition to the usual sceptics. The evolution of lease management software for business ten…
How I-MED Radiology Network streamlined their real estate lease management
Property leases are one of I-MED Network’s biggest expenses and yet until recently lease agreements were managed individually by business units across the country, in conjunction with a third party. This resulted in overcharges from landlords, data i…
The wider business-benefits of meeting lease obligations
As a new financial year begins, I have no doubt that many businesses have set goals to improve their operations and performance in 2021/22. Something about each new financial year ignites our best intentions and a renewed sense of determination to do…
Minimising the complexity of IFRS16 compliance with support from a new compliance module for IFRS 16
Way back in 2006, when the IASB announced the concept of a new project into lease accounting, the potential of significant implications for our customers began to emerge. Since IFRS 16 was officially issued in January 2016, MRI LeaseEagle has committ…
The franchise review – MRI LeaseEagle editorial on systemising franchise growth
Climbing the mountain: the importance of systemising franchise growth. Expansion is one of the most challenging and exciting initiatives that a business owner will ever undertake. In many ways, it’s the fundamental premise of franchising. It says: th…
Is your EOFY a breeze — or a nightmare?
In the commercial property space, end of financial year reporting is one big job. You need to analyse your lease commitments, key dates, leasing options, rent reviews, leasing contributions — and that’s just the tip of the iceberg. In a perfect world…
Is your property management software optimised for your growing business?
Managing your organisation’s leasehold portfolio is no small feat. Sometimes it feels like you need to be a master juggler, with dozens of unique tasks to think about all at once. Your organisational skills are always being stretched to the limit. Bu…
