Market Overview

MRI Software Announces New Release and Product Offerings


Platform Enhancements Arrive along with Resident Connect, Online Renewals, Budgeting & Forecasting, and Tenant Connect Products

Cleveland, OH (PRWEB) October 29, 2012

MRI Software announced today the availability of MRI Property Management 4.4, the most recent release of the company's best-in-class property management software. With its MRI 4.4 release, the company expands the depth and breadth of its enterprise platform through new product offerings, an enhanced user experience in its web user interface, improved integrations between MRI modules, and numerous enhancements and fixes.

The 4.4 platform contains four new product offerings for MRI customers: Budgeting & Forecasting, a commercial budgeting solution fully integrated into the MRI accounting structure; MRI Resident Connect, a new multifamily portal offering with robust branding and payment capabilities; Online Renewals, a multifamily lease renewal portal integrated with Resident Connect that leverages DocuSign for electronic signature; and MRI Tenant Connect, a new commercial portal with integrated account management, payment capabilities, and robust service request functionality when integrated with MRI Workspeed.

“With the new Customer Relationship Management products that our 4.4 release brings to the market, MRI customers will be able to provide enhanced service levels and realize efficiencies when interacting with tenants and residents,” said David Post, CEO of MRI Software. “Additionally, MRI customers can now leverage an enterprise, multi-user budgeting solution that more easily and effectively integrates their MRI accounting data than any other offering in the marketplace.”

For the multifamily market, the new Resident Connect and Online Renewals products allow customers to stay connected to their residents through a powerful, intuitive online portal with broad browser and mobility capabilities. Further, this portal enables residents to manage their accounts online, directly submit service requests, pay rent, and even renew their lease electronically utilizing DocuSign's eSignature, when and where it is convenient for them. When combined with MRI's apartment marketing, lead management, resident screening, and reservation integrated offerings, these products create the most robust end-to-end resident lifecycle solution in the market for MRI customers.

In the commercial market, MRI Tenant Connect is a multifaceted solution that delivers real-time account management and payment options to commercial tenants. This new solution also provides MRI customers faster access to tenant data, allowing them to service tenants more effectively, while driving efficiencies in reduced phone and data entry time. This tenant-facing functionality, along with MRI's integrated service request and other building operations offerings, enables MRI to provide a 360° suite of solutions for building and tenant management.

In addition, MRI's new Budgeting & Forecasting solution enables commercial property owners, managers, and investors to optimize decision-making by creating budgets and forecasts based directly on live property and accounting data in their existing MRI system. Streamlined, mass budget creation, suite level graphical views, budget versus actual comparisons, speculative leasing, and dynamic re-forecasting are just a few of the advanced features available in this product.

Lastly, the 4.4 release also contains a number of enhancements and improvements to the existing MRI platform and products, including, but not limited to, ACH processing for Accounts Payable, Rent Review Schedules, guest card integration between VaultWare and Residential Management, migration tools for windows to web upgrades, calendar controls, and Statement of Deposit on Account processing. In addition to these highlights, there are a broad number of issues addressed in the 4.4 release, all of which are documented in the release notes or through online help within the system.

For more information on MRI Property Management 4.4, MRI Resident Connect, Online Renewals, MRI Budgeting & Forecasting, and MRI Tenant Connect, visit

About MRI Software

MRI offers business management software solutions to the global property 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, please visit

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