News October 20, 2014

MRI Software Launches Budgeting & Forecasting Offering in the Australia & New Zealand Region

Cleveland, Ohio -&MRI Software is proud to announce the release of its industry-leading Budgeting & Forecasting (B&F) solution to the Australia & New Zealand region. The software was officially launched last month at the product launch party held in Sydney, where users from 30 different organisations gathered to see a demonstration of B&F’s impressive functionality. Among the highlight of the event was the case study presentation given by early adopter Australand Property Group, who discussed their positive experience with the product since its implementation.

Coupled with substantial new enhancements to the Australia and New Zealand country packs, this new offering is indicative of MRI’s continued commitment to the region. Incorporating client input and feedback that was aggregated over the past year, the solution will deliver tremendous value to financial and business planning operations.

“We have received numerous requests from our international clients to make this product available to them, and have been diligently working to accomplish this,” explained Patrick Ghilani, CEO of MRI Software. “We are happy to say that all our hard work has finally paid off and that we are able to offer this innovative product to our valued ANZ users.”

As one of MRI’s newest and most exciting products, MRI Budgeting & Forecasting is part of the core product suite to streamline budget processing, minimize manual setup, and better facilitate business planning. Clients can 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. The software also includes reforecast-specific tools plus new inflation and speculative lease template functionality to simplify multi-year forecasts.

“The success of the Budgeting & Forecasting product launch and the client celebration has created several opportunities for both new and existing clients in the region,” said Stephen Wilson, Managing Director of the Asia Pacific region. “We anticipate numerous adoptions of this product given its proven track record and the general excitement surrounding the launch.”

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, visithttps://www.mrisoftware.com.

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