ProLease
by MRI Software · Lease Accounting
Lease accounting and administration software for ASC 842, IFRS 16 and GASB 87 compliance.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
SAP
Oracle
Workday
NetSuite
Microsoft Dynamics- Deployment
- Cloud
- Company size
- Small business, Mid-market, Enterprise
- Pricing
- Quote-based
Overview
MRI ProLease (marketed by MRI Software, and previously an independent company acquired by MRI Software) is an end-to-end lease administration and lease accounting platform for organizations that lease real estate and equipment. It targets corporate occupiers, government entities and mixed real-estate/equipment lease portfolios that need to comply with multiple lease accounting standards at once.
The platform separates lease administration (dates, options, critical milestones, space and CAFM data) from lease accounting (classification, discount rates, right-of-use asset and liability calculations, journal entries and disclosures), using what MRI calls a "one-to-many" lease data model so a single lease record can drive compliant output under ASC 842, IFRS 16, GASB 87 and FRS 102 simultaneously rather than requiring separate models per standard.
ProLease is offered in tiers (Direct, Central, and Enterprise/Horizon) scaled to portfolio size and complexity, and integrates with core financial systems to post lease-related journal entries and disclosures into the general ledger, either through file-based export/import, API connections, or licensed ERP connectors.
Modules & capabilities
ProLease covers 21 of 41 capabilities we track in this category (+1 partial)
51%- ASC 842 (US GAAP) complianceCore strength
- IFRS 16 complianceSupported
- GASB 87 / public-sector complianceSupported
- Parallel multi-standard reportingOne-to-many lease data model across standardsCore strength
- Finance vs. operating lease classificationSupported
- ROU asset & lease liability calculationSupported
- Automated remeasurement on modificationsRemeasurements and modifications trackingSupported
- Lessor accountingExplicit lessee and lessor accountingCore strength
- Embedded leases, subleases & sale-leasebacksSublease and complex lease structure supportSupported
“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.
Common use cases
- Achieving ASC 842 and IFRS 16 compliance across a mixed real estate and equipment lease portfolio
- Consolidating lease accounting for multinational entities that must report under both US GAAP and IFRS
- Automating monthly journal entries and disclosures instead of maintaining spreadsheet-based lease calculations
- Government and public sector entities complying with GASB 87 lease reporting
- Tracking critical lease dates (renewals, terminations) to avoid missed options or unplanned holdover costs
- Abstracting lease contract data with AI to speed up implementation and reduce manual data entry
- Feeding lease journal entries and disclosures into an existing ERP general ledger
Strengths & considerations
Strengths
- Single lease record drives compliant output across ASC 842, IFRS 16, GASB 87 and FRS 102 simultaneously ("one-to-many" model)
- Combines lease administration (dates, options, space/CAFM) and lease accounting in one platform rather than accounting-only
- Tiered product line (Direct, Central, Enterprise) scaled to portfolio size, from lean teams to large multinational occupiers
- AI-assisted lease abstraction via companion product MRI Contract Intelligence
Used ProLease with your ERP? Rate it in 30 seconds — it helps every buyer after you.
Rate itERP integrations
Export to Excel/CSV or direct interface to the ERP/financial system. Vendor materials describe a pre-built SAP connector as a separately licensed add-on, but this was not independently confirmed with docs or a marketplace listing.
Export to Excel/CSV or direct interface to Oracle's general ledger.
Export to Excel/CSV or direct interface to Workday Financial Management.
Export to Excel/CSV or direct interface to NetSuite.
Export to Excel/CSV or direct interface to Microsoft Dynamics.
Connector details independently verified against vendor marketplaces and documentation; last checked 2026-08-11.
Pricing
Full ProLease pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs
Priced by number of leases, modules and entities; third-party estimates cite a starting range around $6,000/year with mid-market and enterprise portfolios running substantially higher. MRI Software does not publish pricing; contact vendor for a quote. Get an independent shortlist with pricing guidance below.
What does ProLease cost?
ProLease prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.
10 of the 14 vendors we track in this category publish no list price at all.
Technical & security
- Hosting
- SaaS
Alternatives to ProLease in Lease Accounting
ProLease — frequently asked questions
Does ProLease integrate with SAP?
Yes. ProLease can post lease accounting journal entries and disclosures to SAP's general ledger via file export/import or API-based interfaces; a pre-built SAP connector has been reported as available as a separately licensed add-on.
What accounting standards does ProLease support?
ProLease supports ASC 842, IFRS 16, GASB 87 and FRS 102, using a single lease data model that can produce compliant output under multiple standards at once.
How much does ProLease cost?
MRI Software uses quote-based pricing driven by the number of leases, entities and modules selected; the vendor does not publish standard pricing, so buyers should request a quote.
Is ProLease only for real estate leases?
No. ProLease manages both real estate and equipment leases (including fleet, IT and machinery) within the same platform.
Compare ProLease head-to-head
The Lease Accounting Buyer's Guide
Before you commit to ProLease, see how it sits against the 14 lease accounting systems we track — on capability, ERP integration depth and what each one actually charges for.
Lease Accounting Buyer's Guide
14 systems compared · 2026
ERP Research
- ProLease compared side-by-side with 13 alternatives
- ERP integration checklist — what to verify before you shortlist
- The pricing questions that change the quote
- A ProLease evaluation brief, included with the guide
Lease Accounting Buyer's Guide
Get pricing for ProLease
ProLease doesn't publish a price. Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what it should cost you — and which alternatives are worth quoting alongside it.