News, views and industry trends
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…
How leasing software mitigates the challenges healthcare organisations face
Healthcare organisations face numerous challenges, ranging from managing their resources efficiently to ensuring regulatory compliance and providing the best possible care to patients. However, one of healthcare organisations’ most significant challe…
Building a cohesive healthcare technology stack: the key to operational efficiency
In the complex healthcare industry, delivering high-quality patient care requires seamless collaboration across various departments. From facilities management to finance and sustainability, the need for integrated systems is more critical than ever.…
What are non-lease components in lease accounting?
Leasing plays a vital role in business operations, helping companies secure the assets they need without ownership. However, lease accounting can get complicated when agreements contain more than just base rent, specifically, non-lease components. No…
Finance lease vs. operating lease: What’s the difference?
Making the right decision between finance and operating leases is essential for businesses to manage finances effectively. These two lease types differ in their accounting treatment, financial implications and operational considerations. This guide b…
What is a triple net lease (NNN)?
A triple net lease (NNN) is a common type of commercial real estate lease in the UK. It’s especially common for retail spaces, restaurants and other franchise businesses. With a triple net lease, tenants are responsible for more than just their base …
The role of digitalisation in human-centric FM: how IoT, AI, and smart technologies enhance the occupiers’ experiences
As occupier needs become ever more diverse and their behaviour patterns less predictable, FM teams face a considerable challenge in responding to their changing needs. While AI and digital technology are often contrasted against “the human touch”, Io…
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…