Comparison
LeaseParse vs MRI Contract Intelligence
A side-by-side look at LeaseParse and MRI Contract Intelligence for AI lease abstraction: pricing, fields extracted, turnaround, and when each one fits. Data as of May 2026.
Compiled from public sources. See LeaseParse pricing · MRI Contract Intelligence product page
Quick comparison
| LeaseParse | MRI Contract Intelligence | |
|---|---|---|
| Public price | $7–$15 per lease | Enterprise contract |
| Starting price | $15 (1st lease free) | Custom (5–6 figures/year typical) |
| Free trial | First lease completely free, no card required | Demo only — sales call required |
| Fields extracted | 50+ fields | Custom schema |
| Turnaround | Under 3 minutes | Not publicly disclosed |
| Contract | None — pay per lease | Annual contract + implementation |
| Export formats | Excel | Direct integration with MRI software |
| File formats | PDF, DOCX, scanned images (JPG/PNG/TIFF), ZIP | PDF (25 languages supported) |
MRI does not publish pricing; figures are industry-reported estimates. MRI Contract Intelligence is the rebrand of Leverton after MRI's 2019 acquisition.
Why teams pick LeaseParse
- Self-serve in minutes — no implementation, no sales call.
- Per-lease pricing from $7 vs 5–6 figure annual contracts.
- Independent — works regardless of your accounting or PM platform.
- First lease free vs demo-and-pilot process.
Why teams pick MRI Contract Intelligence
- Already on MRI Software for lease accounting or property management.
- Need formal IFRS 16 / ASC 842 reporting integration.
- Multilingual leases beyond English (25 languages).
MRI Contract Intelligence strengths and tradeoffs
Strengths
- Native integration with the broader MRI Software platform
- Built for IFRS 16 and ASC 842 compliance workflows
- 25-language support
- Deep learning + OCR pipeline (originally Leverton)
Tradeoffs
- Requires dedicated implementation team and longer onboarding
- Enterprise pricing — cost-prohibitive for smaller teams
- Locked to MRI ecosystem for full value
- No self-serve option — sales-led only
Best fit for MRI Contract Intelligence
Enterprises already running MRI Software who need lease abstraction inside that ecosystem with formal IFRS 16 / ASC 842 workflows.
Try LeaseParse free
Your first lease is completely free — no card, no account. Compare the output to MRI Contract Intelligence before you spend anything.
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