News November 15, 2016

MRI Software Announces Launch of Investment Accounting

MRI Software Announces Launch of Investment Accounting

Expanded Investment Management suite offers automated consolidated financials and investor accounting for real estate investment funds and REITs

Solon, Ohio – November 15, 2016 — MRI Software, a global leader in real estate software solutions, announced the launch of Investment Accounting, an automated accounting and consolidated financials solution. Investment Accounting automates the time-consuming and manual process of generating consolidated financial statements, manages contributions and distributions, and provides unrivaled flexibility in investor reporting. Additionally, Investment Accounting allows clients to streamline labor-intensive and error-prone processes, ensure auditability, and keep key investors informed.

“The Investment Accounting solution is designed to help our clients manage the accounting and reporting associated with all types of real estate investment structures,” said Stan Price, Vice President, Investment Management Solutions at MRI Software. “The ability to understand and communicate investment performance to key stakeholders is part of our unwavering commitment to providing a comprehensive investment management solution for the real estate industry.”

With intuitive fund structure setup, account mapping, and the ability to handle details such as elimination entries and past period adjustments, Investment Accounting is designed for even the most complex fund structures. Sophisticated capital processing handles commitments, capital calls, and contributions. Its tailorable waterfall engine supports complex distributions and allows investor payments to be calculated reliably in minutes. With a complete set of investor books and a robust, customizable report engine, Investment Accounting offers users the most flexible investor reporting available.

Investment Accounting is the latest innovation in MRI’s industry-leading Investment Management suite, which helps clients understand, manage, and communicate the performance and risks of deployed capital to drive maximum returns. In addition to Investment Accounting, the unmatched solution provides investment performance and strategic modeling, as well as full investor management as a result of MRI’s acquisition of Integratec Services in June 2016.

Investment Accounting is built within the MRI Financials suite, ensuring data integrity and streamlining clients’ business processes to power a single experience. Investment Accounting is currently available on MRI Version X.4, the newest release of the award-winning Version X solution.

Supporting Resources

About MRI Software

MRI Software LLC is a leading provider of innovative software solutions for the global real estate industry. MRI delivers a comprehensive and truly configurable solution, from property-level management and accounting to the most complex, long-range financial modeling and analytics for both the commercial and multifamily real estate markets. As a leading provider of real estate enterprise software applications and hosted solutions, MRI leverages 45 years of business experience to develop long-term successful relationships with its clients. Founded in Cleveland, Ohio, the company has offices in Cleveland, Atlanta, Toronto, London, Sydney, Singapore and Hong Kong. For more information, please visit www.mrisoftware.com.

Press contact:

Emily Wells
404.250.4018
emily.wells@MRIsoftware.com

 

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