News June 10, 2019

Topps Tiles selects MRI’s Horizon for IFRS 16 and Property Management

Leading UK tile specialist Topps Tiles has adopted MRI Software’s Horizon solution for property management and IFRS 16 across more than 350 stores.

The software provides the retailer with a specialist platform for IFRS 16 lease accounting calculations, and will also be utilised for end-to-end property management processes across the nationwide portfolio.

Tom Price, Business Development Manager at MRI Software, said: “We are delighted that Topps Tiles has chosen Horizon as its go-forward property management and IFRS 16 solution. This is an exciting project, and we look forward to working with the organisation to bring increased efficiency and accuracy to its operations.”

MRI Horizon is a specialist CRE system, purpose-built for occupiers of large property portfolios. It is used by a number of large, leading retailers in the UK and Europe – delivering functionality for property management, lease management, lease accounting, facilities management and more. It’s particularly renowned for its capabilities in managing the calculations required under the new IFRS 16 standards. Read more here.

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