News December 2, 2014

Abacus Property Group Adds Highly Anticipated Budgeting & Forecasting

Cleveland, Ohio – Abacus Property Group has been a MRI client for many years. After recently adopting both MRI Web and ViewPoint, Abacus decided to further enhance their partnership with MRI to include Budgeting & Forecasting. “We have developed our MRI product suite over the past year to further strengthen our property management process,” said Robert Baulderstone, CFO at Abacus Property Group. “Taking advantage of Budgeting and Forecasting’s intuitive interface and broad depth of functionality was the next initiative for our company.”

Recently made available in the Australia and New Zealand regions, MRI Budgeting & Forecasting is part of the core product suite to streamline budget processing, minimize manual setup, and better facilitate business planning. The software also includes reforecast-specific tools plus new inflation and speculative lease template functionality to simplify multi-year forecasts. Clients are also able to build collaborative budgets with an intuitive Web-enabled interface combined with a higher degree of calculation accuracy by using current and historical actual amounts, departments, leases, rent steps, market reviews, recovery calculations, turnover rent, area history, and more.

“Abacus Property Group firmly believes in our best of breed, client-focused approach,” said Stephen Wilson, Managing Director of the Asia Pacific region. “With the general excitement surrounding the product launch and Budgeting and Forecasting’s ability to easily integrate with the rest of our MRI solutions, we are happy to add this long awaited product to Abacus’s solution set.”
To learn more about MRI Budgeting & Forecasting, visit our website.

About MRI Software
MRI offers property management software solutions to the global real estate management and investment industries. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the global multifamily and commercial property industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its more than 40 years in business to develop long-term successful relationships with its clients. For more information, visit https://www.mrisoftware.com.

About Abacus Property Group
Abacus Property Group is a diversified property group that specialises in investing in core plus property opportunities across Australia’s commercial property markets. Abacus was established in 1996 and was listed on the ASX in November 2002. Abacus has achieved a successful track record of acquiring property based assets and actively managing those assets to enhance income and capital growth.

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