PRESS RELEASE: New York, NY (Sept. 29, 2016) — Honest Buildings, the intuitive, data-driven project management and procurement platform, has partnered with MRI Software, a global leader in real estate software solutions, to bring further collaboration to real estate ownership teams. Honest Buildings is now integrated with MRI’s financial and JobCost solutions, allowing full project teams to collaborate in real time, accelerating the completion of construction projects within budget.
“Honest Buildings has become our system of record for capital and tenant improvement projects where we track costs in the same place we track jobs, giving our team much more time to focus on asset value creation instead of spending time on administrative data entry," says Dan Dilmanian, Director of Asset Management for George Comfort and Sons, an Honest Buildings customer that has activated the MRI Software integration for its New York City portfolio. “As our team members began to use the platform I received feedback that it was 'priceless' because they now have all they need at a glance instead of having to search through emails and shared drives for data."
“As our team members began to use the platform I received feedback that it was 'priceless' because they now have all they need at a glance instead of having to search through emails and shared drives for data."
With this integration, joint customers of Honest Buildings and MRI Software can reduce the potential for errors that inevitably arise from dual entry of data. Specifically, invoice administration becomes streamlined between an operational system that tracks projects to keep them on time and on budget and an accounting system through which invoices are processed to be paid.
The new contract portal is not only bringing further valuable functionality to existing customers, but is also widening the audience of prospective customers for Honest Buildings to any owner looking to mitigate risk and gain time to dedicate to true project management problem solving, instead of tedious administrative data entry and tracking.
“Honest Buildings’ integration with MRI Software is representative of our customer-first approach, built with the direct input of our users to address real pain points that exist between project management and accounting processes,” says Geoff Lewis, Vice President of Product at Honest Buildings. “Our goal is to create a simple and transparent flow of information, removing any barriers teams face in accessing their own data to help drive smarter decisions.”
“Our goal is to create a simple and transparent flow of information, removing any barriers teams face in accessing their own data to help drive smarter decisions."
The integration with MRI Software is part of Honest Buildings’ continued growth and its mission to accelerate urban progress by empowering collaborative, data-driven decision making, project by project, building by building, city by city.
Honest Buildings is the leading intuitive, data-driven project management and procurement platform built for commercial real estate owners and managers. Founded in 2012 by Riggs Kubiak, the platform serves industry leaders like Beacon Capital Partners, Invesco, SL Green Realty Corp., Angelo Gordon & Co., The JBG Companies, Parkway Properties, and Rudin Management Company, which use Honest Buildings to centralize project data, increase transparency, automate bid management, and standardize reporting. Owners rely on the platform to manage over $1 billion in total project value.
MRI Software LLC is a leading provider of innovative software solutions for the global real estate industry. MRI delivers a comprehensive and truly 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. As a leading provider of real estate enterprise software applications and hosted solutions, MRI leverages 45 years of business experience to develop long-term successful relationships with its clients. Founded in Cleveland, Ohio, the company has offices in Cleveland, Atlanta, Toronto, London, Sydney, Singapore and Hong Kong.