Mesh Payments, a global corporate travel and expense management platform, has partnered with MRI Software, a property management platform provider, to create a unified spend management solution for real estate companies.
The integration combines Mesh's expense management capabilities with MRI's Property Management X platform, offering real estate firms real-time spend control, multi-currency support, and embedded compliance. The solution enables MRI clients to automate their travel and expense lifecycle while supporting multiple travel management companies based on regional needs.
Analyst QuickTake: The partnership is a strategic move for Mesh, enhancing its offerings in the spend management sector, particularly within the real estate industry. This is in line with a growing trend in the business expense management sector, with companies expanding their portfolios into niche markets through targeted partnerships. For example, in September 2024 , Paymerang collaborated with Veracross to provide AP automation solutions tailored for K-12 schools and with M3 in April 2024 to optimize accounting processes for the hospitality sector, specifically hoteliers.
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