What Is MRI Software?

Founded in 1971, MRI Software is a leading provider of innovative real estate software applications and hosted solutions. MRI's comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management and accounting to investment modelling and analytics for the global commercial and residential markets.

Who Uses MRI Software?

MRI Software delivers innovative and flexible technology supported by an open and connected ecosystem that liberates real estate companies to elevate their business.

MRI Software Details

MRI Software

Founded in 1971

MRI Software pricing

Starting Price:

Not provided by vendor
  • No free version

MRI Software does not have a free version.

Pricing plans

MRI Software Details

MRI Software

Founded in 1971

MRI Software videos and images

MRI Software video
MRI Software Software - Visitor Management - thumbnail
MRI Software Software - Commercial Real Estate - thumbnail
MRI Software Software - Property Management - thumbnail
MRI Software Software - Investment Management - thumbnail

MRI Software deployment and support

Support

  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat

Deployment

  • Cloud, SaaS, Web-based
  • Mac (Desktop)
  • Windows (Desktop)
  • Android (Mobile)
  • iPhone (Mobile)
  • iPad (Mobile)

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos

Features of MRI Software

  • API
  • Accounting
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Notifications
  • Audit Trail
  • Billing & Invoicing
  • Brand Management
  • CRM
  • Calendar Management
  • Cash Flow Analysis
  • Client Portal
  • Contact Database
  • Contact Management
  • Contract/License Management
  • Critical Date Alerts
  • Customisable Branding
  • Customisable Reports
  • Data Visualisation
  • Deal Management
  • Document Management
  • Document Storage
  • Email Alerts
  • Expense Tracking
  • Financial Analysis
  • For Appraisers
  • For Brokers
  • For Investors & Traders
  • For Property Managers
  • Forecasting
  • Lead Management
  • Maintenance Scheduling
  • Portfolio Management
  • Project Management
  • Real Time Analytics
  • Real Time Data
  • Real Time Notifications
  • Reminders
  • Reporting & Statistics
  • Self Service Portal
  • Strategic Planning
  • Summary Reports
  • Task Management
  • Third Party Integrations
  • User Management
  • Vendor Management
  • Visual Analytics
  • Work Order Management
  • Workflow Management

View full list of Commercial Property Management Software

  • API
  • Accounting
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Asset Lifecycle Management
  • Audit Trail
  • Benchmarking
  • Bonds / Stocks
  • Client Management
  • Client Portal
  • Commodity Futures
  • Compliance Management
  • Compliance Tracking
  • Contact Management
  • Customisable Reports
  • Data Import/Export
  • Data Visualisation
  • Document Management
  • Document Storage
  • Fee Management
  • Financial Analysis
  • Financial Management
  • For Investment Advisors
  • For Investors & Traders
  • Fund Management
  • Investments Tracking
  • Mobile Access
  • Modeling & Simulation
  • Monitoring
  • Order Management
  • Payroll & Commissions
  • Performance Management
  • Performance Metrics
  • Portfolio Management
  • Portfolio Rebalancing
  • Real Estate
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Reporting & Statistics
  • Reporting/Analytics
  • Risk Assessment
  • Risk Management
  • Self Service Portal
  • Summary Reports
  • Third Party Integrations
  • Visual Analytics
  • Workflow Management

View full list of Investment Management Software

  • API
  • Accounting
  • Accounting Integration
  • Activity Dashboard
  • Ad hoc Reporting
  • Alerts / Escalation
  • Alerts/Notifications
  • Amortisation Schedule
  • Asset Lifecycle Management
  • Audit Management
  • Audit Trail
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Capitalisation Reporting
  • Cash Flow Management
  • Compliance Management
  • Configurable Workflow
  • Contact Management
  • Contract/License Management
  • Critical Date Alerts
  • Currency Conversion
  • Customisable Reports
  • Customizable Fields
  • Dashboard Creation
  • Data Import/Export
  • Document Management
  • Document Storage
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Fixed Asset Management
  • For Equipment Leases
  • For Real Estate
  • Forecasting
  • General Ledger
  • Invoice Management
  • Mobile Access
  • Multi-Currency
  • Multi-Location
  • Payment Tracking
  • Portfolio Management
  • Purchase Order Management
  • Real Time Reporting
  • Reminders
  • Reporting & Statistics
  • Reporting/Analytics
  • Search/Filter
  • Tax Management
  • Third Party Integrations
  • Transaction History

View full list of Lease Accounting Software

  • API
  • Accounting
  • Accounting Integration
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Notifications
  • Asset Lifecycle Management
  • Audit Management
  • Audit Trail
  • Billing & Invoicing
  • Client Portal
  • Commercial Leases
  • Compliance Management
  • Contact Database
  • Contact Management
  • Contract/License Management
  • Customer Database
  • Customisable Reports
  • Document Management
  • Document Storage
  • Electronic Payments
  • Expense Tracking
  • Financial Analysis
  • Forecasting
  • General Ledger
  • Insurance Management
  • Invoice Management
  • Lease Origination
  • Maintenance Management
  • Maintenance Scheduling
  • Mobile Access
  • Portfolio Management
  • Property Management
  • Real Time Reporting
  • Recurring/Subscription Billing
  • Reminders
  • Reporting & Statistics
  • Residential Leases
  • Retail Leases
  • Self Service Portal
  • Summary Reports
  • Task Management
  • Template Management
  • Third Party Integrations
  • Transaction History
  • User Management
  • Vendor Management
  • Work Order Management
  • Workflow Management

View full list of Lease Management Software

  • ACH Payment Processing
  • API
  • Accounting
  • Accounting Integration
  • Activity Dashboard
  • Activity Tracking
  • Alerts/Notifications
  • Background Screening
  • Billing & Invoicing
  • Client Portal
  • Commercial Property Management Software
  • Communication Management
  • Contact Database
  • Contact Management
  • Credit Check
  • Customer Database
  • Customisable Reports
  • Customisable Templates
  • Data Import/Export
  • Document Management
  • Document Storage
  • Electronic Payments
  • Financial Management
  • Inspection Management
  • Insurance Management
  • Invoice Management
  • Late Fee Calculation
  • Lead Management
  • Lease Management
  • Maintenance Management
  • Maintenance Scheduling
  • Owner Portal
  • Payment Processing
  • Portfolio Management
  • Property Database
  • Recurring/Subscription Billing
  • Reminders
  • Rent Tracking
  • Reporting & Statistics
  • Residential Properties
  • Self Service Portal
  • Task Management
  • Tax Management
  • Tenant Portal
  • Tenant Tracking
  • Third Party Integrations
  • Vacancy Management
  • Vendor Management
  • Website Management
  • Work Order Management

View full list of Real Estate Property Management Software

  • API
  • Access Controls/Permissions
  • Activity Dashboard
  • Ad hoc Reporting
  • Alerts/Notifications
  • Asset Lifecycle Management
  • Booking Management
  • Calendar Management
  • Change Management
  • Contract/License Management
  • Customisable Branding
  • Customisable Reports
  • Data Import/Export
  • Data Visualisation
  • Design Management
  • Document Management
  • Document Storage
  • Drag & Drop
  • Email Management
  • Facility Scheduling
  • Fixed Asset Management
  • Floor Plans & Maps
  • For Offices
  • For Retail
  • Forecasting
  • Inventory Management
  • Inventory Tracking
  • Maintenance Scheduling
  • Multi-Location
  • Occupancy Management
  • Planogramming
  • Project Management
  • Projections
  • Real Time Data
  • Real-time Updates
  • Reporting & Statistics
  • Reservations Management
  • Resource Allocation & Planning
  • Resource Management
  • Room Booking
  • Scheduling
  • Shelf Planning
  • Space Management
  • Space Reservation
  • Third Party Integrations
  • Usage Tracking/Analytics
  • User Management
  • Visual Analytics
  • Work Order Management
  • Workflow Management

View full list of Space Management Software

Alternatives to MRI Software

More MRI Software alternatives

Reviews of MRI Software

Read all 69 reviews

Average score

Overall
4.3
Ease of Use
4.1
Customer Service
4.3
Features
4.2
Value for Money
4

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001
Verified Reviewer
Admin Asst to CEO, CFO & General Counsel in US
Verified LinkedIn User
Real Estate, 51-200 Employees
Used the Software for: 2+ years
Reviewer Source

Vendor management and reporting for over seven years

5 3 years ago

Pros:

I like that MRI interface is user-friendly and the reports are easy to run. I also like that the reports can be exported to PDF as well as Excel spreadsheets.

Cons:

Since my company has been using the web-based version of MRI, MRI X, it has increased the start up time. When before it took a couple of seconds for the program to load, it can take up to 1-2 minutes for it to load now. Not too bad, but it can seem like forever when you need to run a report or enter a new vendor in a rush.

Brittany B.
Property Manager in US
Real Estate, 1,001-5,000 Employees
Used the Software for: 2+ years
Reviewer Source

MRI is very easy to use!

4 last year

Comments: I like this platform loads better than OneSite because of the ease of access of information and reports

Pros:

I like that it is easy for first time leasing agents to navigate.

Cons:

lead tracking could use a bit of an update

Alternatives Considered: ONEsite

Reasons for Choosing MRI Software: I liked the user face better and had used this product in the past and had no issues with it at all.

Switched From: Yardi Voyager

Reasons for Switching to MRI Software: wanted an easier platform for new leasers to be able to use and manage leads better

MRI Software Response

last year

Hello Brittany, Thank you so much for your kind review! We are happy to hear you enjoy our easy user experience and interface! It is great to know that is ultimately why you chose to switch back to MRI Software. We look forward to many more years together!

Michelle S.
Property Accountant in US
Commercial Real Estate, 201-500 Employees
Used the Software for: 2+ years
Reviewer Source

MRI Software

3 3 years ago

Pros:

Offers a lot of tools that we need for our daily accounting.

Cons:

Constant bugs, updates, only select support staff seems to know what they're doing when we have to call in.

MRI Software Response

3 years ago

Hi Michelle, I'm glad that you've been able to use our tools for some of your daily accounting tasks! I am sorry to hear that you've had a less than stellar experience with our support. One of our core values is "Strive to Amaze" and I hate to hear that we haven't met that expectation for you. Could you please shoot me a quick note with your email address and phone number? I want to make sure all of your issues are resolved. I can be reached at [email protected] Best, Matt Harrell Marketing Manager MRI Software

Tenille L.
Controller in US
Commercial Real Estate, 11-50 Employees
Used the Software for: 1+ year
Reviewer Source

Taking the next step in productivity

5 last year

Comments: Overall, I am very pleased with MRI. It has streamlined our processes and protocols. We are much more efficient.

Pros:

The software makes it easier to see our company as a whole. With multiple entities it was cumbersome to continuously jump back and forth between opening company files. Everything now is just a click of the button. I have real time data to work with and it has made my team much more productive in our daily tasks.

Cons:

The implementation was not the best. The training process was a little difficult with doing things via web training, etc. I feel like there is so much more that MRI can do for us that we do not know about. I learned about certain items from other webinars since our implementation and have had to go back and set them up on my own. The trainers also do not have accounting knowledge so when you ask something accounting related it sometimes gets lost in translation.

Alternatives Considered: Yardi Voyager

Reasons for Choosing MRI Software: We switched from our previous software because we are expanding. We have purchased more properties and wanted to get a software that could make our department run smoother and more efficient.

Reasons for Switching to MRI Software: We chose MRI over Yardi because MRI was more user friendly. It was also half the price.

MRI Software Response

last year

Hello Tenille, Thank you so much for taking some time to leave us a stellar review! We are very happy to hear your are pleased with our software an enjoy our user friendly interface. We take your feedback regarding training seriously and will be in contact with you and your team to better serve you as a valued partner! Here's to many more years working together!

Herb D.
Senior Dir Financial Systems in US
Commercial Real Estate, 501-1,000 Employees
Used the Software for: 2+ years
Reviewer Source

MRI Review

4 last year

Comments: We use MRI for AR and Budget and Forecasting the product allows us to store and capture data at the tenant level and roll-up the data to accounts before we transfer to the General Ledger.

Pros:

The product is relatively easy to use we do encounter turnover and we are able to bring train users very quickly. MRI does allow for customization we do require customizations to meet the needs of our business. Also the support required for MRI is minimal compared to other options.

Cons:

I would like to see the reporting enhanced currently we use other 3rd party applications for reporting because the standard MRI reporting does not meet our needs.

Alternatives Considered: Yardi Voyager

Reasons for Switching to MRI Software: Best fit for our organization the product is scalable and provided the functionality required.

MRI Software Response

last year

Hello Herb, Thank you for your great review! We are happy to hear our Budgeting and Forecasting software serves your needs and is easily customizable. We would love to address your concerns regarding reporting and will circle this back with the team to ensure you have a better experience moving forward.