Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
AMTdirect is widely recognized as the leading solution for lease administration and accounting, specifically tailored to ensure compliance with FASB 842. Aimed at portfolios with fifty or more locations, AMTdirect strives to resolve the everyday challenges encountered by professionals in corporate real estate. The platform enables users to manage a comprehensive inventory of their properties, locations, lease agreements, related expenses, revenues, and documents in a single, accessible interface. Furthermore, for lessee accounting, it facilitates compliance with ASC 842, IFRS 16, and GASB 87 for lease receivables that are connected to a head-lease payable, accommodating both third-party and intercompany subtenants. Additionally, the lease-level accounting feature provides a detailed audit trail for each lease, including all balance sheet calculations such as amortization, opening and closing liabilities, interest, and depreciation for each accounting period in accordance with the company's specific accounting calendar. This holistic approach not only simplifies lease management but also enhances transparency and accuracy in financial reporting.
Description
Utilize MRI ProCalc to create, assess, and contrast various scenarios related to office, industrial, or retail leasing or purchasing. With this powerful tool, professionals can swiftly analyze and break down lease agreements, simplifying cash flow evaluations while exploring various what-if scenarios based on different variables. By examining leases and evaluating the financial repercussions of alternative situations for both tenants and landlords, users can make more informed decisions. This software serves as an invaluable asset for real estate experts engaged in leasing or acquiring commercial, office, industrial, or retail properties. Its goal-seeking feature allows users to uncover the necessary assumptions to achieve specific outcomes, addressing complex inquiries effectively. MRI ProCalc equips commercial real estate professionals with the capability to conduct thorough lease analyses, offering insights from the viewpoints of tenants, sublessors, landlords, or buyers. Therefore, it becomes an indispensable resource for anyone involved in the negotiation process for the lease or purchase of real estate assets. Ultimately, understanding the financial implications of leasing decisions can significantly influence successful negotiations and strategic planning.
API Access
Has API
API Access
Has API
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
MRI Software
Founded
1971
Country
United States
Website
www.mrisoftware.com/solutions/lease-accounting-software/
Vendor Details
Company Name
MRI Software
Founded
1971
Country
United States
Website
www.mrisoftware.com/solutions/lease-analysis/
Product Features
Lease Accounting
Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management
Product Features
Lease Accounting
Amortization Schedule
Asset Management
Billing & Invoicing
Budgeting & Forecasting
Capitalization Reporting
Critical Date Alerts
Expense Tracking
For Equipment Leases
For Real Estate
Payment Tracking
Portfolio Management
Tax Management