MRI Software, a leading provider of real estate technology solutions, has released a major update to its property management platform: MRI Property Management X (PMX), version X.7. This release from MRI delivers enhanced functionality, a modernized technology stack, and greater flexibility for real estate businesses.
The new version of PMX improves search and access to data, eases day-to-day processes, and gives users more control over their property management software. Below, we highlight key features of X.7 and share expert insights from REdirect’s client projects to support your transition planning.
With these improvements, MRI X7 improves usability, streamlines workflows, and gives users more control over their property management software. Keep reading to learn the key reasons to upgrade, followed by expert insights from REdirect’s client projects to help you plan for a smooth transition.
Why You Should Update to X.7
Reason 1: Built-In Toolkit (Application Studio)
For more than 25 years, MRI Software has empowered clients with comprehensive, flexible solutions that integrate easily. With the release of PMX X.7, MRI introduces a powerful new tool called MRI Application Studio, which replaces the older design model with an intuitive, object-oriented development approach that allows users to configure their own experience to better fit their ways of working.
Key benefits of Application Studio in MRI X7 include:
- Modern web pages with enhanced graphics, fonts, and layouts.
- User-adjustable filtering can be saved for future use.
- Updated grids with configurable layouts, sorting, and filtering.
- Improved data control, including easy export/import capabilities.
- Integrated charts and drilldowns for deeper visibility into data.
MRI Application Studio also supports API connectivity, allowing you to pull data from PMX, banking systems, real estate indexing services, and other third-party applications directly into dashboards, grids, and graphs. MRI is committed to migrating all PMX pages into MRI Application Studio over time, making workflows more efficient and giving users centralized access to the data they need.
Reason 2: Improved Technology Stack
This latest version of PMX runs on a significantly enhanced technology stack. By removing Windows code from the web product and moving entirely to modern web coding, MRI has made PMX faster, more secure, and future ready.
Benefits include:
- Strong security against cyber threats.
- Better performance, providing an intuitive experience without lag.
- Future-proof technology that integrates with new tools like MRI Agora Insights.
- Replaced search engine for quicker results, less sifting.
- AI assistant tools within PMX like Ask Agora which helps makes information available instantly, so users can get back to work faster.
- The new version of PMX also lays the groundwork for migrating all MRI Toolkit components into the web environment, eliminating the need to toggle between Windows and web applications.
Reason 3: Expert Guidance from REdirect’s Upgrade Projects
The REdirect team has been deeply involved in supporting clients as they switch to the newest version of MRI PMX. In a recent internal meeting, our consultants shared valuable insights and best practices from these real-world experiences. Here are the top tips to ensure a smooth transition:
Getting Ahead of the Upgrade
- Engage REdirect early, even before your update is scheduled, to avoid common pitfalls.
- Verify technical prerequisites are met (example: minimum version 10.5.4, or 10.5.51 if using DHCR).
- Understand MRI’s update timelines (which vary depending on environment required).
- Identify all systems and integrations that connect to MRI and update URLs and configurations.
- Review personalized reports, web pages, and other configurations in place today that may be impacted.
- Engage with your MRI Account team to learn more about reports you can run (available within MyMRI Client Portal) and request testing environments.
Testing and Validation
- Coordinate with all necessary MRI teams to validate end-to-end functionality.
- Test security changes and new features such as period reopening and journal entry approvals.
- Verify document storage paths, page links, and bank reconciliations are working post-upgrade.
Go-Live Considerations
- Communicate update timing to all integration partners.
- Reconfirm any security or new feature decisions made during testing.
- Monitor for any issues, such as bank rec items being reset to open status.
Ongoing Support
- Stay up to date on MRI’s list of deprecated functions.
- Leverage MRI’s training resources, including release notes and certification programs.
By applying these lessons, your organization can ensure a smooth transition and position itself to fully leverage the enhanced capabilities of the PMX and version X.7.
Why Upgrade with REdirect?
Upgrading to MRI PMX version X.7 is more than just a version change, it’s an opportunity to unlock a stronger, more flexible and intelligent platform that will serve your business for years to come.
As MRI’s first certified Consulting Partner and its 2023 Partner of the Year, REdirect has more than 20 years of experience helping clients maximize the value of MRI Software. Whether you need full migration or tailored consulting support, our experts provide hands-on guidance to make your transition to X.7 low-risk and straightforward. We can help you:
- Configure MRI Software for property management, accounting, and investment management.
- Automate reporting and repetitive tasks with native tools and RPA bots.
- Apply local compliance requirements, such as DHCR and other regional regulations.
- Simplify advanced modules and learn how to get the most out of the technology.
Once updated, we recommend taking full advantage of the new features and tools available within version X.7 to streamline workflows and enhance productivity.
Ready to learn how PMX version X.7 can benefit your organization? Connect with our team to discover how we can help you maximize the value of your update.
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