Features

Accurately report asset depreciation

Depreciation is automatically calculated for any period or range of periods across multiple books.

Satisfy audit requirements

A full audit trail and historical reporting enables organisations to meet and surpass all audit regulations.

Meet all corporate governance requirements

Enables compliance with the ever changing requirements of IFRS, FASB, GAAP, Sarbanes-Oxley and other SOX-type regulations.

Specialist fixed asset accounting software to meet financial regulations

MRI provides comprehensive fixed asset accounting software, that has been implemented by over 3,000 companies in over 70 countries.  It accurately reports on asset depreciation and manages every stage of the asset lifecycle, including acquisitions, transfers, splits, revaluations and disposals.

As well as providing a complete audit trail, a dedicated fixed asset solution can help organisations to comply with financial regulations such as IFRS, FASB, GASB, GAAP and Sarbanes-Oxley.  It offers a vast range of standard reporting options along with ability to easily create unlimited custom reports.  With multi-book, multi-company, and multi-currency functionality and the tools to help you comply with important tax requirements in key regions, e.g US, Australia etc, it really offers much above the standard fixed asset module on your finance package.

MRI also offers a lease accounting solution to help comply with the new IFRS 16, AASB 16 and ASC 842 regulations, as well as the continuing IAS17, FAS13 and AASB 117 regulations that apply to lessors.

Intermodal Leasing and Trading Software

Cost Management

By automating the process of depot and vendor cost management, leasing companies can considerably reduce administration time and remove the need to manually verify invoices.

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Billing

Invoices can be automatically generated from contract, on-hire and off-hire information in one central system. Pre-invoice billing enables users to validate invoices ready for month end.

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Contracts

Provides a flexible method to set-up and maintain the type of contracts that conform to intermodal industry requirements.

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Work Order & Procurement

Improves control over the procurement process and stores costs accurately, exporting directly into the financial ledgers, improving control over profitability and saving time entering new assets.

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Equipment Sales

Provides access to key sales data in one central system and reduces costs by saving administration time.

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Maintenance & Repair

Effectively manages the maintenance & repair process whilst providing data to help cut costs and reduce the downtime of essential equipment.

Documentation Generation & Management

Ensures that users can gain access to and store important documents that are linked to units, jobs or records.

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Business Intelligence

User-driven Business Intelligence that allows the easy retrieval, comparison and analysis of data and to gain valuable business insight about business critical information.

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If you would like to know how our fixed asset and lease accounting software can help you, please get in touch today.

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