Average Ratings 0 Ratings
Average Ratings 0 Ratings
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.
Description
What is Occupier? A tenant-side platform for running a commercial lease portfolio and keeping lease accounting compliant with ASC 842 and IFRS 16. It is used by companies with roughly 30 to 500 leases, typically multi-location operators such as restaurant and franchise groups, retailers, healthcare providers, and fitness brands.
Who uses it? Real estate and lease administration teams use Occupier to stay ahead of renewals, expirations, rent escalations, and option windows. Controllers and accounting teams use it to produce monthly journal entries, amortization schedules, and disclosure reports that hold up in an audit. Because both groups work in the same system, a lease change made by real estate updates the accounting automatically.
What does the platform include? Occupier Lease Administration covers critical date alerts, clause tracking, and document storage. Occupier Lease Accounting handles ASC 842 and IFRS 16 calculations and connects to NetSuite. Occupier Lease Abstraction pairs AI extraction of more than 120 clauses with a review by Occupier’s team before data goes live. Occupier Portfolio Analytics adds dashboards and rent reporting, and Occupier Deal Management tracks new sites from LOI to signed lease.
How is it different? Most property management tools were designed for landlords. Occupier was built only for tenants. Every plan comes with unlimited users, and new customers are typically live within 4 to 6 weeks.
API Access
Has API
No
API Access
Has API
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
Annual subscription priced by number of active leases. Every plan includes unlimited users, with no per-seat fees or hidden costs. Choose Basic, Professional, or Enterprise, and add Lease Accounting, Deal Management, Business Licenses, or Equipment Leases as needed. Contact Occupier for a quote.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
MRI Software
Founded
1971
Country
United States
Website
www.mrisoftware.com/solutions/lease-analysis/
Vendor Details
Company Name
Occupier
Founded
2018
Country
United States
Website
www.occupier.com
Product Features
Lease Accounting
Amortization Schedule
No
Asset Management
No
Billing & Invoicing
No
Budgeting & Forecasting
No
Capitalization Reporting
No
Critical Date Alerts
No
Expense Tracking
No
For Equipment Leases
No
For Real Estate
No
Payment Tracking
No
Portfolio Management
No
Tax Management
No
Product Features
Lease Accounting
Amortization Schedule
Yes
Asset Management
No
Billing & Invoicing
Yes
Budgeting & Forecasting
No
Capitalization Reporting
No
Critical Date Alerts
Yes
Expense Tracking
No
For Equipment Leases
Yes
For Real Estate
Yes
Payment Tracking
Yes
Portfolio Management
Yes
Tax Management
Yes
Lease Management
Billing & Invoicing
Yes
Commercial Leases
Yes
Contact Management
Yes
Landlord Database
No
Lease Classification
No
Portfolio Management
Yes
Property Management
No
Residential Leases
No
Retail Leases
Yes
Sublease Management
No
Tenant Database
No