Smarter job cost tracking starts with connected contracts.
For real estate developers and property managers using MRI Software, the Job Cost feature is an essential part of tracking project budgets. But until now, AvidXchange didn’t offer integration with MRI’s Job Cost Contracts module. That meant it was challenging to match invoices to contract orders and gain a clear picture of how each project was performing against budget.
But good news—that’s changed. AvidXchange now supports full integration with MRI’s Job Cost software, making it easy to create job cost contract profiles, job cost orders and change orders and link orders to contracts and invoices. If you previously passed on AvidXchange because it didn’t support job cost contracts, now’s the time to take another look.
Let’s walk through why this matters, how the integration works, and what it could mean for your next development or renovation project.
Why Job Cost Tracking Matters for Real Estate Companies
If you’re in real estate, chances are you’ve managed everything from routine property upgrades to large-scale multifamily developments. Whether it’s a small renovation or a ground-up build, projects quickly involve a long list of vendors—plumbers, electricians, landscapers, furniture suppliers—all submitting separate invoices tied to a single job.
Job cost tracking brings order to that complexity. It gives you a way to tie every invoice to a specific project, monitor contract spend, and see how you’re pacing against budget.
As a result, you have the visibility to compare one project against another. You can understand where costs are trending, spot overruns early, and make smarter decisions on the next build.
What’s Changed with AvidXchange Job Cost Software for MRI
With this new release, AvidXchange now fully supports the MRI Job Cost Contracts module—further bridging the gap between AP automation and project-level budgeting. The integration allows you to sync job cost contract profiles, manage change orders, and link invoices directly to contracts and budgets. As invoices are processed through AvidXchange, they automatically draw against project budgets inside MRI.
Before this integration, job cost tracking was a manual, time-consuming process:
Before | After |
---|---|
AP teams couldn’t link invoices to job cost contracts within AvidXchange | Invoices can now be linked directly to job cost contract data from MRI, no extra entry needed |
There was no way to track contract spend or change orders alongside invoice approvals | You can see contract totals, changes, and what’s left—right as you approve an invoice |
Budgets had to be updated manually when contracts or orders changed | Contract and invoice data sync automatically between MRI and AvidXchange, so your budgets stay up to date |
For project managers and controllers, the payoff is huge: real-time insight into spend vs. budget, without the headache of manual reconciliation.
With this update, we help you connect the dots. You still use MRI to build your budgets and contracts, but AvidXchange becomes the engine that powers invoice matching, approvals, and payments, all while feeding accurate data back into MRI’s Job Cost software.
How AvidXchange + MRI Job Cost Works in Practice
MRI remains the “source of truth,” and AvidXchange connects directly to that structure.
Your AP team reviews and approves invoices in AvidXchange. The system ensures that each line item ties back to the appropriate job cost data in MRI. That means you don’t just pay vendors—you track spend in the context of your project goals.
It’s like your AP process and project budgets are finally speaking the same language.
What MRI's Job Cost Feature Means for Your Business
This update is the final piece of the job cost puzzle for MRI users who want to fully automate contract-based job cost tracking within their AP process. And for many organizations, it’s the reason to come back to AvidXchange.
We know that complete job cost functionality—including contract-level support—has been a sticking point in the past. We’ve heard from real estate companies who wanted to use AvidXchange but needed a tighter connection between AP automation and their MRI job cost data. We listened and updated our integration to meet that need.
Now, we’re delivering the solution you asked for with your workflows, systems, and success in mind.
Ready to Do More with AvidXchange?
You already know the value of accounts payable automation. Now that AvidXchange supports an integration with the MRI Job Cost Contracts module, you don’t have to choose between automation and visibility.
If you’re already using MRI (or thinking about it), you shouldn’t have to compromise on how you manage your AP. With AvidXchange, you can streamline invoice processing and connect it directly to your job budgets. It’s one platform built to help you make smarter financial decisions across every project.
Now that we’ve got you excited about AvidXchange’s integration with MRI Job Cost software, your next step is to Book a Demo. This is your chance to speak with an AP automation expert and get all your MRI Job Cost questions answered.