MRI Software Features

MRI Software

Cloud-based real estate and investment management software

4.35/5 (69 reviews)

Competitor Feature Comparison

API
Accounting
Accounting Integration
Ad hoc Reporting
Alerts/Notifications
Amortization Schedule
Asset Lifecycle Management
Audit Trail
Benchmarking
Billing & Invoicing
Budgeting/Forecasting
Capitalization Reporting
Cash Flow Analysis
Change Management
Client Portal
Commercial Leases
Commercial Property Management
Compliance Management
Configurable Workflow
Contact Management
Contract/License Management
Credit Check
Critical Date Alerts
Customizable Branding
Customizable Reports
Dashboard Creation
Data Import/Export
Data Visualization
Deal Management
Document Management
Drag & Drop
Electronic Payments
Expense Tracking
Facility Scheduling
Financial Management
Fixed Asset Management
Floor Plans & Maps
For Equipment Leases
For Investors & Traders
For Offices
For Property Managers
For Real Estate
For Retail
Forecasting
Fund Management
General Ledger
Inspection Management
Insurance Management
Investments Tracking
Invoice Management
Late Fee Calculation
Lease Management
Lease Origination
Maintenance Management
Maintenance Scheduling
Mobile Access
Modeling & Simulation
Multi-Location
Occupancy Management
Owner Portal
Payment Processing
Payment Tracking
Performance Metrics
Planogramming
Portfolio Management
Portfolio Rebalancing
Property Database
Property Management
Purchase Order Management
Real Estate
Real Time Reporting
Reminders
Rent Tracking
Reporting & Statistics
Reporting/Analytics
Residential Leases
Residential Properties
Retail Leases
Risk Management
Self Service Portal
Space Reservation
Strategic Planning
Tax Management
Tenant Portal
Tenant Tracking
Third Party Integrations
Usage Tracking/Analytics
Vacancy Management
Visual Analytics
Website Management
Work Order Management
Workflow Management
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API
Accounting
Accounting Integration
Ad hoc Reporting
Alerts/Notifications
Amortization Schedule
Asset Lifecycle Management
Audit Trail
Benchmarking
Billing & Invoicing
Budgeting/Forecasting
Capitalization Reporting
Cash Flow Analysis
Change Management
Client Portal
Commercial Leases
Commercial Property Management
Compliance Management
Configurable Workflow
Contact Management
Contract/License Management
Credit Check
Critical Date Alerts
Customizable Branding
Customizable Reports
Dashboard Creation
Data Import/Export
Data Visualization
Deal Management
Document Management
Drag & Drop
Electronic Payments
Expense Tracking
Facility Scheduling
Financial Management
Fixed Asset Management
Floor Plans & Maps
For Equipment Leases
For Investors & Traders
For Offices
For Property Managers
For Real Estate
For Retail
Forecasting
Fund Management
General Ledger
Inspection Management
Insurance Management
Investments Tracking
Invoice Management
Late Fee Calculation
Lease Management
Lease Origination
Maintenance Management
Maintenance Scheduling
Mobile Access
Modeling & Simulation
Multi-Location
Occupancy Management
Owner Portal
Payment Processing
Payment Tracking
Performance Metrics
Planogramming
Portfolio Management
Portfolio Rebalancing
Property Database
Property Management
Purchase Order Management
Real Estate
Real Time Reporting
Reminders
Rent Tracking
Reporting & Statistics
Reporting/Analytics
Residential Leases
Residential Properties
Retail Leases
Risk Management
Self Service Portal
Space Reservation
Strategic Planning
Tax Management
Tenant Portal
Tenant Tracking
Third Party Integrations
Usage Tracking/Analytics
Vacancy Management
Visual Analytics
Website Management
Work Order Management
Workflow Management
Visit WebsiteCompare App
API
Accounting
Accounting Integration
Ad hoc Reporting
Alerts/Notifications
Amortization Schedule
Asset Lifecycle Management
Audit Trail
Benchmarking
Billing & Invoicing
Budgeting/Forecasting
Capitalization Reporting
Cash Flow Analysis
Change Management
Client Portal
Commercial Leases
Commercial Property Management
Compliance Management
Configurable Workflow
Contact Management
Contract/License Management
Credit Check
Critical Date Alerts
Customizable Branding
Customizable Reports
Dashboard Creation
Data Import/Export
Data Visualization
Deal Management
Document Management
Drag & Drop
Electronic Payments
Expense Tracking
Facility Scheduling
Financial Management
Fixed Asset Management
Floor Plans & Maps
For Equipment Leases
For Investors & Traders
For Offices
For Property Managers
For Real Estate
For Retail
Forecasting
Fund Management
General Ledger
Inspection Management
Insurance Management
Investments Tracking
Invoice Management
Late Fee Calculation
Lease Management
Lease Origination
Maintenance Management
Maintenance Scheduling
Mobile Access
Modeling & Simulation
Multi-Location
Occupancy Management
Owner Portal
Payment Processing
Payment Tracking
Performance Metrics
Planogramming
Portfolio Management
Portfolio Rebalancing
Property Database
Property Management
Purchase Order Management
Real Estate
Real Time Reporting
Reminders
Rent Tracking
Reporting & Statistics
Reporting/Analytics
Residential Leases
Residential Properties
Retail Leases
Risk Management
Self Service Portal
Space Reservation
Strategic Planning
Tax Management
Tenant Portal
Tenant Tracking
Third Party Integrations
Usage Tracking/Analytics
Vacancy Management
Visual Analytics
Website Management
Work Order Management
Workflow Management
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Mobile apps

iOS App


6 reviews

Requires iOS 9.0 or later. Compatible with iPhone, iPad, and iPod touch.

Android App


24 reviews

MRI Software Feature Reviews

25 reviewers had the following to say about MRI Software's features:

Jason S.

Value packed software, accounting rich with strong ability to integrate w/ other software

2017-09-07

easier than most other accounting software

Pros

The detailed accounting from tenant management, work orders .

Cons

Also, it would let half information process in the system (such as work order with no info or category) this should have popped up w/ error box to be able to submit.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No
Read more
Teresa C.

Everything I need right at my finger tips!

2019-01-17

MRI is a great management software, but lacks things I was looking for like self teaching tutorials.

Pros

I have a variety of reports available to help me track rents, delinquency, budgets, and much more.

Cons

I feel you must have training to fully use this software, it is not self learner friendly.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

5/10
Source: Capterra
Helpful?   Yes   No

Response from MRI Software


Hi Teresa,

Thanks for giving us a thoughtful review! I'm happy to hear that the reports have the flexibility you're looking for.

I'm sorry you haven't gotten the training resources you need. We have a variety of training options available that I'd be happy to connect you with.

Could you please email me at matt.harrell@mrisoftware.com and I will point you to the correct resources?

Best,
Matt Harrell
MRI Software

Read more
Anonymous
(Real Estate company, 11-50 employees)

Great Tool for Collections and Work Orders

2019-05-07

Pros

It has dual functioning for rent collection, past resident rental record, vacancy, integration with leasing systems, and work order management.

Cons

There's always a report I want to pull but it's not an available report in the system.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Real Estate company, 11-50 employees)

MRI is great software for specific needs

2019-03-05

Pros

This software encompasses many needs for a real estate business, from property management to accounting.

Cons

This software lacks in some functionality for HOA management, but is new to the HOA market.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 6-12 months

Frequency of use: Occasionally

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No

Response from MRI Software


Hello!

Thank you for your thoughtful review! We're glad that you're pleased with the comprehensiveness of the product!

Regarding you feedback on our HOA management functionality, our team would love to have your specific feedback as to how we can improve. It's this type of critical feedback that ensures we deliver the best possible value for our customers. If you'd be willing to share more details, please email me at matt.harrell@mrisoftware.com and I will connect you with one of our product experts.

Thank you again for being an MRI customer!

Best,
Matt Harrell

Read more
Herb D.

MRI Review

2020-07-27

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.

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.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No

Response from MRI Software


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.

Read more
Rebecca C.

Best Accounting Software out there

2020-04-20

It's very user friendly, has more options than you would probably ever use and it's somewhat reasonably priced compared to Yardi.

Pros

We use it for our accounting for tenants and payables.

Cons

It is not as compatable with other systems like Yardi is that's why people tend to use Yardi more than MRI.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No

Response from MRI Software


Thank you for the great review, Rebecca! We are thrilled to hear you're happy with our user-friendly property management software and are proud you call our solution a favorite! We look forward to serving you and your team for many years to come!

-The MRI Team

Read more
Brittany B.

MRI is very easy to use!

2020-09-28

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

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No

Response from MRI Software


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!

Read more
Anonymous
(Real Estate company, 5001-10000 employees)

Powerful Software

2021-04-12

Overall I do enjoy MRI's ability to process such large volumes of data, though it does require regular maintenance to maintain optimal experience in an ever-changing market.

Pros

The reporting is rather customizable as a general comment, and glitches are easily resolved.

Cons

Occasionally it does glitch, in which random/obvious side effects can occur when posting charges, etc, but they are usually easy to resolve.

Rating breakdown

Ease of use
Features

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Kellie P.

Challenging but effective

2019-05-14

It has helped me deliver clear and accurate reports to my managers, clients and tenants and once you get used to navigating it - which can take awhile - it is one of the most important tools of my job.

Pros

MRI provides an accurate, in-depth view of financial data. It has multiple functions and there are many, many different types of reports that you can run, making it a versatile and steadfast financial tool.

Cons

MRI is not as easy to learn as Yardi and you have to be very careful with your parameters or the report will fail to generate.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Christy L.

MRI Software

2018-11-27

Very good experience!

Pros

I used it for many years with a prior property management company.

Cons

You have to "think" like MRI "thinks" to figure out some functionality, however it was easy to figure out once you have some experience with it.

Rating breakdown

Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Occasionally

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Hugo F.

Great Accounting Software

2018-10-17

MRI has allowed us to bring all our property accounts under one umbrella

Pros

The biggest pro with MRI is there willingness to provide API connections which allows data to flow into other programs.

Cons

MRI can be little complicated running certain reports for the novice uses.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Monthly

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Amy M.

Great customer support

2019-11-06

MRI holds alot of date and we are working to be able to export the data in a user format.

Pros

The customer support is great. They are able to help with mostly any question! All you have to do is call the 1800 number.

Cons

The bach reports are nice, but it would be great if there was a way to change the date on the whole batch, not have to go I to each report within the batch to enter the date.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Terry C.

OK system

2020-06-11

Gave us an opportunity to digitize our system, slowly

Pros

Job Order input and activity tracking Calendar

Cons

Difficult for staff to become proficient in Ultimately database was very difficult to integrate into another system

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

1/10
Source: Capterra
Helpful?   Yes   No

Response from MRI Software


Hello Terry,
Thank you for taking the time to leave a review. We are saddened to hear your experience was anything other than ideal. . Because I cannot find you in our system, we invite you to connect with your account manager directly so we can remediate this!

Read more
Haley W.

Without MRI, it would be impossible to manage our properties!

2018-03-15

Pros

This software keeps you updated, has too many wonderful features to list, and should be used at every property management company!

Cons

Because of the in-depth and multi-functional system, MRI can take some time getting used to and time learning. After some practice, MRI will be your best friend and you will wonder how you did it without it!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Real Estate company, 51-200 employees)

Vendor management and reporting for over seven years

2018-07-26

Pros

I also like that the reports can be exported to PDF as well as Excel spreadsheets.

Cons

Not too bad, but it can seem like forever when you need to run a report or enter a new vendor in a rush.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Facilities Services company, 51-200 employees)

Great for helpdesk

2018-08-06

It could improve the delay on receiving work orders on mobiles.

Pros

It is easy to use, you don't need to open multiple windows as all info and tabs are accessible.

Cons

The mobile service is really slow, main system crashes every now and then and does run slow.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

6/10
Source: Capterra
Helpful?   Yes   No
Read more
Brian D.

MRI Software - for asset management services

2019-09-24

Our asset management needs have been met by the various pages that can be built out, all of the reports that we can generate with different fields, and the functions that we are able to use with ease on a daily basis.

Pros

What I like the most about the software is that you can add as many functions as you want, and have that functionality specifically tailored to your business needs.

Cons

If there is just one bug that is causing a problem in our reports, we have to submit a ticket which then gets put into a developer queue.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No
Read more
Danny P.

MRI Review

2020-07-28

easy to use.

Pros

User friendly. System support is excellent.

Cons

Aged delinquency report processing time is too long.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

8/10
Source: Capterra
Helpful?   Yes   No

Response from MRI Software


Hello Danny,
Thank you for your review! We appreciate you taking the time to leave some words about our software. We're happy to hear you love our support and enjoy our user friendly interface! We will follow up with you regarding your aged delinquency report as we take this feedback seriously.

Read more
Andy S.

Great Accounting Real Estate Software

2018-11-15

I have used other software, and MRI is a great overall software for accounting use in real estate.

Pros

I like the windows version of MRI as its very user friendly and fast. The reporting and windowed setup is great for running multiple reports over and over.

Cons

I dislike that they are migrating to a newer web based design. For what we use the software for, the windows version operates quicker and is more efficient.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Anonymous
(Real Estate company, 201-500 employees)

Been using MRI for almost 10 years

2019-07-06

Able to run reports with ease; Is user-friendly.

Pros

Ease of processing statement of deposits; works well and integrates well with other software products.

Cons

Works slowly and program often freezes.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Patricia D.

5 years with MRI Software

2020-07-21

I can look up net book value, disposal costs, depreciation, and create ad-hoc reports with ease.

Pros

The integration process was fairly easy.

Cons

I don't have any complaints about this software.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No

Response from MRI Software


Hello Patricia,
Thank you for your amazing review! We are so happy to hear you love our Fixed Assets Software and the integration process was easy. Thank you for taking some time to leave your kind words we appreciate it! We look forward to working with you for many years to come.

Read more
Omikka C.

Efficiency at it's BEST!

2018-10-17

Pros

Ease of use, great way to track Accounts Payable, vendors, 1099s, invoices, etc.

Cons

Customer Service is a bit difficult, but once they finally find your account information, they are most helpful.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 1-2 years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Johnna P.

MRI Review

2021-07-06

I have had a positive experience with MRI and would recommend the software to others.

Pros

It is widely accepted in our industry as the source of truth for reliable demographic data. We use this software for audience research.

Cons

Wish they had a more seamless, user-friendly process for this

Rating breakdown

Ease of use
Features

Time used: 6-12 months

Frequency of use: Weekly

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more
Marlene M.

MRI Software

2018-09-25

We maintain all our property accounting records in MRI and run all our property reports from MRI software.

Pros

the accounting is targeted for commercial real estate

Cons

complexity of some features especially the budgeting and forecast modules.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

9/10
Source: Capterra
Helpful?   Yes   No
Read more
Haley W.

MRI: Where would we be without it?

2019-10-07

I love using this daily. It keeps our property organized and allows our business to run smoothly.

Pros

This software allows us to track prospects/residents at our property, run reports, keep records easily, and keep up with work orders all in one!

Cons

Sometimes, MRI can freeze or lag, like any software. It corrects itself and then works fine. It also takes some time to learn; however, it’s not complicate and you catch onto it quickly.

Rating breakdown

Ease of use
Features

Time used: 2+ years

Frequency of use: Daily

Likelihood to recommend

10/10
Source: Capterra
Helpful?   Yes   No
Read more