G.H. Anderson & Company Selects MRI’s Award-Winning Commercial Management Solutions to Manage Their Noteworthy Portfolio

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Cleveland Ohio (PRWEB) March 18, 2014

G.H. Anderson & Company was looking for a flexible, user-friendly solution that could seamlessly manage their portfolio of commercial properties. After examining both MRI and a competitor, G.H. Anderson opted to partner with MRI Software, specifically to utilize the highly configurable Commercial Management, Accounts Payable, and General Ledger modules; three of MRI’s award-winning property management solutions.

MRI Commercial Management allows clients to maximize the profitability of their real estate investments and operations, making it the ideal solution for G. H. Anderson’s portfolio. The completely integrated system connects a business’s strategic planning activities to daily management tasks and beyond, all the way to performance measurement. Additionally, Commercial Management automates complex calculations like rent changes, late charges, discounted cash flows, and consumer price index (CPI) increases, decreasing the opportunity for human error and increasing operational efficiencies.

G.H. Anderson will also utilize MRI’s powerful, robust accounting engine, MRI Financials. Consisting of the General Ledger and Accounts Payable modules, MRI Financials were designed with flexibility in mind. The system supports a variety of accounting methods, including simultaneous cash and accrual processing, allowing it to adapt to the way each client conducts its business. All modules within the MRI system integrate with one another and the information flows to arguably the most configurable reporting solution in the industry. G. H. Anderson can consistently entrust the software to quickly generate reports based on property, bank account, ownership structure and much more. These detailed analyses will enable the company to develop their competitive advantage without sacrificing the quality of their financial records.

“We are happy that one of our colleagues at G. H. Anderson has previous experience with MRI which cemented her faith in our product and our company,” said Ron Kolz, CSO of MRI Software. “MRI Commercial Management coupled with our powerful accounting platform will empower G. H. Anderson to make informed business decisions and it will provide them with tools that will greatly enhance their internal operations.”

For more information about MRI’s commercial solutions, visit our website.

About MRI Software
MRI offers property management software solutions to the global real estate management and investment industries. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the global multifamily and commercial property industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its more than 40 years in business to develop long-term successful relationships with its clients. For more information, please visit http://www.mrisoftware.com.

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FLOCK Announces Recapitalization of Debt Buyer Velocity Portfolio Group

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ATLANTA (PRWEB) January 24, 2014

FLOCK Specialty Finance, a leading financing company for middle market debt buyers and collection agencies, announces the recapitalization of Velocity Portfolio Group, Inc., a debt buyer based in Wall, NJ.

FLOCK facilitated and provided funding for the $20 million recap of Velocity’s existing inventory of portfolios. As part of this agreement, FLOCK will become a financial partner and strategic advisor for Velocity’s future purchases of charged off debt portfolios.

Jim Mastriani, President of Velocity stated that, “The FLOCK team provided Velocity with a very competitive financial solution for our company, and they were very easy to work with. In today’s business climate, it is essential to partner with a specialty finance group that knows how to help grow your business. FLOCK not only has the capital, but their understanding of our business makes for a good strategic partner.”

FLOCK Specialty Finance’s Chairman and CEO, Michael Flock, commented, “Velocity’s experience and expertise in legal collections are first rate. We look forward to focusing our resources on their strategic growth plans and helping them build new client relationships.”

About FLOCK Specialty Finance
FLOCK’s mission is to provide clients with capital and expertise needed to optimize both portfolio purchases and the company’s financial value. FLOCK is “more than a transaction.”

For additional information, please contact: Michael Flock, mflock(at)flockfinance(dot)com, at 770-644-0851 or Terry Cox, tcox(at)flockfinance(dot)com, at 770-644-0876.

About Velocity Portfolio Group
Founded in 2003, Velocity Recoveries has more than ten years of experience using a legal focused strategy to convert distressed receivables to cash. Their combination of a proven legal network, sophisticated analytics, and a strong focus on individual client attention work together to maximize the value of their client’s receivables.

After ten years, Velocity considers their network to be “best of class,” with work standards, home office support and incentives that make it easy for attorneys to pursue accounts efficiently. Velocity constantly monitors the performance of its affiliated law firms and consistently works with those firms to maximize collections.

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