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What is lease abstraction?
Commercial real estate contracts are lengthy documents; it’s not uncommon for them to reach 100 pages or more, often with multiple addendums and break clauses. Their sheer complexity means that it’s often not practical for commercial lease manage
A guide to lease audits
For companies handling a large number of leases that are either very complex or have high churn, lease audits are a necessary but resource-intensive process. Whether a company acts as a landlord, a tenant, or both, it can be challenging to stay on
The definitive guide to revenue assurance
If your firm is invoicing against a large number of complex contracts, solid revenue assurance processes can help you stay on top of your contractual agreements with clients. Revenue assurance is relevant to organisations that are handling a complex
4 reasons no-code AI is the future of real estate technology
What if your real estate business could leverage technology powered by artificial intelligence without requiring coding skills on the part of the user? This is the potential that “no-code AI” offers – the ability to let non-technical experts ut
US real estate firm uses AI automation to speed up due diligence
For real estate firms owning and managing large portfolios, the automation of lease management presents a way to drastically accelerate how the company accesses, interacts with, and manages key lease data across its entire portfolio. Automated abstra
Artificial intelligence comes together with accounting expertise to simplify IFRS 16 transition
The new lease accounting standards IFRS 16/ASC 842 came into effect in January 2021 for private companies, requiring everything from a real estate lease to a car lease to a fax machine lease to be holistically evaluated, categorized, and placed on th
Leverton report reveals insights into how artificial intelligence is selected, deployed and used in the enterprise
Driving cost-saving efficiencies in back office tasks remains top priority, while vendor experience, service are key selection criteria NEW YORK September 5, 2019 – LEVERTON, the premier artificial intelligence (AI)-powered data extraction so
MRI Software acquires AI real estate pioneer Leverton to turn unstructured data into business insights
Acquisition of global PropTech innovator with market-leading lease abstraction solution strengthens MRI’s end-to-end offering, while saving clients time and money Solon, Ohio – July 31, 2019 – MRI Software (“MRI”), a global leader