Property management accounting software is an essential tool for property managers, helping them manage their finances, streamline their accounting processes, and make informed decisions. The right property management accounting software can help property managers automate tedious accounting tasks, reduce the risk of errors, and improve their overall efficiency.
Let us take a closer look at the 10 best property management accounting software available in the market, their features, benefits, pricing, customer support, and user reviews.
Top 10 property management accounting software
1. AppFolio Property Manager
AppFolio is a popular property management accounting software that provides end-to-end solutions for property managers. Its features include rent collection, accounting, maintenance management, online leasing, and more. AppFolio is also mobile-friendly and allows property managers to access their data on the go.
2. Buildium
Buildium is a cloud-based property management accounting software that provides a range of features, including rent collection, accounting, tenant screening, maintenance management, and more. Buildium also has a mobile app that allows property managers to manage their properties while on the go.
3. Rent Manager
Rent Manager is an advanced property management accounting software that offers a range of features, including online payments, tenant screening, accounting, and more. Rent Manager is also customizable and can be tailored to meet the unique needs of different property managers.
4. Yardi Voyager
Yardi Voyager is a comprehensive property management accounting software that offers a range of features, including leasing, accounting, maintenance management, and more. Yardi Voyager also has a mobile app that allows property managers to manage their properties from anywhere.
5. Propertyware
Propertyware is a cloud-based property management accounting software that offers a range of features, including tenant screening, accounting, maintenance management, and more. Propertyware also integrates with other popular software tools, such as QuickBooks, Salesforce, and Microsoft Outlook.
6. Rentec Direct
Rentec Direct is a property management accounting software that offers a range of features, including tenant screening, accounting, maintenance management, and more. Rentec Direct also offers a tenant and owner portal that allows property managers to communicate with their tenants and owners.
7. MRI Software
MRI Software is a comprehensive property management accounting software that offers a range of features, including leasing, accounting, maintenance management, and more. MRI Software is also customizable and can be tailored to meet the unique needs of different property managers.
8. QuickBooks Desktop
QuickBooks Desktop is a popular accounting software that can also be used as a property management accounting software. QuickBooks Desktop offers a range of features, including invoicing, accounting, and more. QuickBooks Desktop is also customizable and can be tailored to meet the unique needs of different property managers.
9. SimplifyEm
SimplifyEm is a cloud-based property management accounting software that offers a range of features, including tenant screening, accounting, maintenance management, and more. SimplifyEm is also affordable and offers a free trial.
10. TOPS ONE
TOPS ONE is a cloud-based property management accounting software that offers a range of features, including accounting, maintenance management, and more. TOPS ONE also has a mobile app that allows property managers to manage their properties while on the go.
Features and benefits of property management accounting software
Each property management accounting software has its unique set of features and benefits. For example,
- AppFolio Property Manager offers a range of features, including online rent collection, accounting, and maintenance management.
- Buildium offers features such as tenant screening, accounting, and maintenance management.
- Yardi Voyager provides a range of features such as leasing, accounting, and maintenance management.
- Propertyware offers features such as tenant screening, accounting, and maintenance management, and it also integrates with other popular software tools.
- Rentec Direct offers features such as tenant screening, accounting, and maintenance management, and it also offers a tenant and owner portal.
- MRI Software is customizable and can be tailored to meet the unique needs of different property managers.
- QuickBooks Desktop can be used as a property management accounting software and offers a range of features, including invoicing and accounting.
- SimplifyEm is affordable and offers a free trial.
- TOPS ONE is cloud-based and has a mobile app that allows property managers to manage their properties while on the go.
When it comes to benefits, property management accounting software can help property managers automate tedious accounting tasks, reduce the risk of errors, and improve their overall efficiency. It can also help property managers make informed decisions based on accurate data and insights.
Pricing
Pricing structures vary among the 10 best property management accounting software. Some software offers a one-time payment, while others offer a monthly or yearly subscription. Some software offers a free trial or a limited free version. It’s important to consider your budget and your property management needs when choosing software.
Customer support
Customer support is an important factor to consider when choosing property management accounting software. Most software offers customer support through email, phone, or live chat. Some software also offers training resources, such as webinars, tutorials, and user manuals.
User reviews
User reviews can provide valuable insights into the pros and cons of different property management accounting software. The property management accounting software we listed have good user ratings, however, it is important to always check user reviews in case there are cons spotted by different people with time.
Conclusion
Choosing the right property management accounting software can help property managers streamline their accounting processes, reduce the risk of errors, and make informed decisions. The 10 best property management accounting software we’ve discussed in this blog post offer a range of features, benefits, pricing, customer support, and user reviews. By considering these factors, property managers can choose the best software that meets their needs and budget.