Intuit MRI Real Estate Solutions is the leading provider of Information Technology solutions to the global real estate management industry.  Their leadership is built on more than thirty years’ experience supporting the information management needs of multifamily, office, retail, corporate and industrial real estate management and investment companies.

In July of 2002, MRI was acquired by Intuit Inc. (NASDAQ: INTU), the leading provider of business and financial management solutions for small businesses, consumers and accounting professionals. Founded in 1983, Intuit has annual revenue of more the $1 billion.

Intuit MRI Real Estate Solutions includes an impressive list of available modules:

Commercial Management

Enhanced with powerful, flexible reporting features, The Commercial Management system allows you to quickly track, calculate and bill management fees, late charges, prorations and CPI adjustments. An innovative recoveries worksheet allows easy access of all recoveries tools. The system automatically executes rent increases and performs lease changes on pre-set dates. Track tenant option, access powerful collections management features, maintain multiple generations of the same lease, and manage billing options on a tenant-by-tenant basis. Lease Setup Assistants guide you through every step in the lease management process for a solution that’s intuitively easy as well as comprehensive.

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Advanced Retail

Designed specifically for retail needs, Advanced Retail tracks information about national tenants and chains, retail trends, comparative sales, sales history, lease details and more. Analyze sales data by store, tenant, region lease – or any other category you define. Calculate monthly, year-to-date, and annual sales per square foot with variances over prior year performance against ICSC statistics. A complete reports library includes sales performance, comparative sales, rolling 12-months’ sales and gross sales reports. A built-in percentage rent calculator manages the full range of lease clauses, prorated breakpoints, cumulative and non-cumulative methods, and estimated payments and offsets. Spreadsheet-like views provide effortless calculation of escalation and recovery charges.

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Residential Management

MRI’s comprehensive multifamily management solution combines onsite productivity tools with powerful executive-level and portfolio reporting. This workflow-oriented system adapts to your natural way of working, while promoting efficient management throughout prospect, applicant and resident phases. Daily activity manager, built-in credit checking interfaces, collections management tools, and fast check scanning increases productivity. The system automatically calculates and processes prorations, application fees, security balances and extra charges. A reports library provides easy analysis of prospect traffic, leasing agent’s performance, unit availability and more.

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Corporate Real Estate

With tools for corporate tenants, corporate landlords and retailers, MRI allows you to maximize the value of your real estate resources with end-to-end software solutions for complete portfolio management. MRI Corporate provides tools for site acquisition, build out, facility management, space management, relocation/sublease management and site disposition. The robust features set includes powerful financial management, flexible reporting, comprehensive lease management and strategically-driven space planning solutions.

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Affordable Housing

The MRI Affordable Housing solution provides powerful accounting functions, automated HUD certifications, and creation of TRACS certifications and vouchers. The system is up to date with current regulations and has the flexibility to adapt to new laws. Seamless integration means you can oversee conventional and subsidized properties with one system. Affordable Housing follows natural workflow, ensuring it’s easy to learn. Users will appreciate the convenience of entering and verifying all data from one view.

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Facility Management

Seamlessly integrated Facility Management combines work order processing with preventative maintenance. Stay on top of all tasks, activities, costs and equipment, and track progress. Analyze history to predict future trends and identify problems.

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ForeSight™

One high-performance system brings together short-term budgeting and long-range projections, periodic re-forecasting and high-level what-if scenarios. ForeSight combines time-saving budgeting tools; audit, control and consolidation capabilities; and powerful forecasting of revenue, expenses and cash flow. Analyze speculative leases, create multiple projections and perform analysis based on actual data from the integrated MRI system.

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LeaseFlow™

Combining start-to-finish leasing management with customer relationship management (CRM), LeaseFlow flexibly tracks all contracts, opportunities, leases, accounts, activities and documents to streamline the leasing cycle. Share lease and contract information enterprise-side for faster, better communication. Analyze minimum rent, percentage rent, options and additional charges such as CAM, tax and insurance. See the impact of cash allowance, free rent, tenant improvements and other costs on your bottom line.

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JobCost™

JobCost handles any level of tracking from large-scale new development to capital improvements to small tenant jobs. Manage project budgets, cost to date and total commitments. Track all contracts, subcontracts, change orders, retentions, purchase orders and customer receivables. Streamline processes with flexible billing and automatic invoice generation.

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 Enterprise Ledger™

Rely on Enterprise Ledger to manage all interentity ownership structures. The system supports joint ventures, fund management and portfolio-level reporting and handles all methods of accounting. Manage and track the full range of ownership types, structures, allocations and hierarchies, defining an unlimited number of tiers and levels. With calculated journal entries, journal entry templates, audit period reporting and eliminating entry capabilities, Enterprise Ledger enables full corporate accounting and includes multi-currencies capabilities to support multinational organizations.

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Accounts Payable

From tracking invoices to printing checks to dealing with vendors, Accounts Payable streamlines procedures enterprise-wide. Supporting cash or accrual processing or a combination, AP features overpayment protection, audit trails, flexible check design and MUCR check writing. Extensive report options include check registers, cash requirement and reconciliation reports, vendor history and year-to-date disbursements, and aged open payable reports. Designed to improve accuracy and eliminate redundant data entry, integrated Purchase Order options offer order tracking, approval controls and more.

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ViewPoint™

The premier executive information system brings together all of your property management information for reporting and analysis. Examine data from any perspective with the use of drill-down queries, in-depth analysis and benchmarking tools. Combine, filter and sort data to create executive and consolidated summaries, performance analysis and evaluations based on comparable portfolios, internal benchmarks, actual versus budget performances and industry indices. ViewPoint supports seamless access to all MRI system reports across the complete MRI suite for superior control over day-to day operations and concise, accurate intelligence to support long-range strategic planning.

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Application Tool Kit

Easy-to-use tailoring tools ensure your MRI solutions as versatile as your imagination. All MRI modules include TableDesign™ for creating and modifying tables. In addition, the Application Tool Kit includes ViewDesign™ and MenuDesign™ for transforming your views and menus quickly and easily. These tailoring tools boost efficiency and ensure consistent data entry by customizing systems to reflect unique business needs – and you don’t have to be a programming expert to use them. Moreover, all of your modifications are saved and protected; after an upgrade, your modifications will still be in place.

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WebDesign™

WebDesign gives you the power to quickly create or customize Web pages for your Web-based MRI solution. You won’t need any knowledge of Web programming languages, such as HTML or Active Server Pages, to design a solution that reflects the unique needs of your organization. Simply drag and drop fields, boxes and labels to where you’d like them to appear. Customize navigation and control integration with other Web sites.

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 ReportDesign™

ReportDesign tailors reports to your unique requirements, providing limitless options to the way you organize and present your data. ReportDesign works with all MRI integrated systems to combine data from across all applications. Complicated formulas, pre-defined functions and variables specific to property and asset management are built into the system, giving you the power to collect, sort, view and output data in virtually any combination to create custom financial and non-financial reports that reflect unique business needs.

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Plato™

Plato is an adhoc report writing tool that provides all levels of users with the ability to customize reports on the fly. Even the casual user can quickly drop-and-drag and point-and-click through the intuitive interface to create reports tailored to individual needs.

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For more information on  Intuit MRI and their products please see contact us.