Transwestern Expands Budget And Forecast Tools

Transwestern recently expanded its use of MRI Software products with the addition of the software provider’s Budgeting & Forecasting module to its portfolio management strategy. A privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research, and sustainability, Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate.

The real estate firm already utilizes MRI products to access and analyze its property portfolio and the addition of Budgeting & Forecasting will employ MRI’s complex reporting capabilities to streamline its annual budgeting process.MRI_Software_B&F

“Transwestern is committed to utilizing the most cutting-edge technology and programming to create streamlined and robust processes,” said Rita McKenzie, vice president, business systems at the firm. “We are excited to use MRI’s Budgeting & Forecasting product for our 2015/2016 budget season and are confident that the expanded capabilities will enable our teams to provide a higher level of service to clients across the country in all service lines.”

MRI Budgeting & Forecasting is part of MRI’s Commercial Management suite and integrates with the MRI products already owned by Transwestern. Designed to minimize setup and better facilitate business planning, the Budgeting & Forecasting software also includes a new inflation and speculative lease template functionality to simplify multi-year planning.

With global headquarters in Solon, OH, MRI Software is a provider of of software solutions for the global real estate industry. The company delivers a comprehensive, configurable solution, from property-level management and accounting to the most complex, long-range financial modeling and analytics for both the commercial and multifamily real estate markets.