Modified:2023-10-17  Published:2023-10-17  Views: 784
Author: n.paul
Published in: ERP CRM
Top 10 Property Management ERP Software For Property Developers

Real estate is one of the most profitable industries, which is enriched with demanding and complicated duties. Managing properties are one of these duties that require a lot of expertise and excellence to be completed without leaving any room for any errors. However, big real estate companies usually have a large number of properties to take care of and managing those manually is just next to possible.

In this scenario, what you need is the help of technology. Property management ERP solutions can be the most appropriate tools to help you out in managing your assets and properties seamlessly. Nonetheless, choosing the right property management ERP can be a little too tough since there are a huge number of ERP solutions available in the market.

In today’s article, we have prepared a list for the top 10 property management ERP solutions to help you in choosing the right solution for your business. Hence, keep reading this article to know which property management ERP solutions have been ranked as the best ones to be used.

And if you want to gather some more information on property management ERP, you can read our article What Is Property Management ERP Software And How Does It Work?   

Property management ERP solution statistics

The primary criteria that you need to keep under consideration while choosing the most appropriate Property management ERP for you is the functionalities that the solution offers. You need to choose the solution that provides the set of services needed by your company. You can also go with the services that are most needed within the property management industry.

property managment ERP statistics

As the above picture depicts, maintenance and repairs are two of the most common services needed in the property management industry. The first criteria is closely followed by rent and fee collection. Leasing and advertising come in the third position and just like this the list goes on. Thus, these are also the most common functionalities to be offered by the top ranked property management ERP systems. Making sure of the presence of these features or services in the property management ERP solution that you choose is certainly crucial.

Top 10 property management ERP solutions

In this section of the article, we have presented the list of top 10 property management ERP systems along with the unique features those boast and the price structures those offer. The list is presented in a descending manner, so keep reading the article to know which solution has gained the top spot.

10. SimplifyEm

Features

  • Online application feature for screening to leasing
  • Simplified communication through various portals
  • Automated process of fees collection, receipts, notices, and reports
  • Easy tracking of full income and expenses
  • Improvement staff performance with the efficient work-order feature
  • Seamless management of tenant and lease information
  • Capable of maintaining vendor communications and year-end taxes
  • Generation of detailed reports for owners and operators
  • Offers unlimited document storage
  • Provides support through email and phone

Price

Between $25/month for up to 10 units and $1,620/month for up to 2,000 units.

 

The very first property management ERP to be discussed as the 10th best ERP solution for property management is SimplifyEm. It is one of those flexible solutions that can be used by any company regardless of their sizes. There are several incredible features that enhance the productivity of your company while satisfying your clients at the same time. SimplifyEm boasts a portal specifically for tenant and owner communication. Overall, this is a very good property management ERP solution that gets the work done efficiently.

9. StarRez

Features

  • 360 degree residents view along with their engagements
  • Online application feature for screening to leasing
  • Easy third-party integration
  • Automated billing feature along with multiple options of online payment
  • In-built dashboard for insights and reports
  • Streamlined communication with residents as well as staff.

Price

By requesting a quote

 

The 9th position of this list of top 10 property management ERP solutions has been gained by StarRez. It is a comprehensive tool that offers management of academic communities, staff housing, multi-family housing and many more. The software has a mobile application, which makes it a flexible choice. This is also a great choice for student-users. A seamless third-party integration makes it one of the best choices for property owners and operators.

8. SKYLINE

Features

  • Integration of several accounting elements, including ledgers, payments and returns.
  • Generating financial and other important reports
  • Tracking and maintaining all the data related to the properties along with easy access to the operators.
  • Availability of mobile application
  • 24/7 customer support through client portal
  • Offers monthly training sessions for new users.

Price

By requesting a quote

 

SKYLINE is a solution that is meant for supporting various property types. It is capable of creating paperless workspaces along with various features. This cloud-based property management ERP is flexible and can be accessed from any device and any location. 24/7 customer support is one of the primary reasons behind the popularity of SKYLINE. The price structure of this solution is not available in the website, you need to request a quote for gaining more information on the same.

7. On-Site

Features

  • Efficient brand recognition and traffic reach
  • Streamlining of several applications to support conversion.
  • Easy lease and rent renewal
  • Availability of property productive tools
  • Applicant background check can be performed
  • Secure storage of data within cloud-based solution

Price

By requesting a quote

 

If you are looking for property management ERP software that can simplify your property management processes, then On-Site is the property management ERP solution for you. It focuses on conversion and enhances the entire process with more integrity. Additionally, you can score strong leads by using this software to its full potential. Building online workflow and digitizing leases and rents is another functionality that is offered by On-Site.

Moreover, you can easily update leases, manage maintenance requests and pay rent through the property management ERP effectively.  

6. BuildingLink.com

Features

  • Easy streamlining of record-keeping and administrative tasks.
  • Efficient maintenance facilities through the software
  • Availability of in-app communication with the residents
  • Ensures resident’s positive experience by offering resident portal
  • Easy management of busy concierge desks and front offices.
  • Availability of iot-sensor solutions
  • Customizable bundles for properties of any size.  

Price

By requesting a quote

 

BuildingLink.com is one of the most widely used property management ERP solution in the US. The software is designed to manage condominiums, cooperative housing, homeowners associations (HOAs), and multi-family housing. You can keep records and manage administrative tasks easily with the help of this property management ERP software. Moreover, buildinglink.com also boasts seamless integration with third-party application including other property management ERP solutions.  

Property Management ERP Software

5. Avail

Features

  • Free listing publication through landlord accounts
  • Automated advertisement of listings
  • Simplified leasing and rental application
  • Residents’ background check feature
  • Availability of landlord specific payment methods
  • Online resident requests for maintenance work
  • Integration of several accounting elements, including ledgers, payments and returns.

Price

  • Base plan is free
  • Premium plan starts at $5/unit/month.

 

Avail is another free property management ERP software that has made its claim on the fifth position of this list. The software is designed to support independent property owners and operators. The software is capable of syndicating listings while allowing the operators to manage those in various platforms. These platforms include Zillow, Zumper, Walkscore, Doorsteps.com, ApartmentList, and more. In this way you get access to manage maintenance requests more easily and freely.

4. Innago

Features

  • Simplified rent collection and lease management.
  • Cloud-based storage offers easy access to data and documents
  • Online resident requests for maintenance work
  • Easy marketing of properties through listings and syndications.
  • Availability of mobile application
  • Expense tracking and report generation
  • Renter’s insurance feature
  • Instant access to resident-screening reports

Price

Basic functionalities are free of cost. However, in some cases (such as criminal and eviction history screening) some charges can be applied.

 

Innago is one of the most sought-out property management ERP software as it is completely free and easy-to-use. It is also probably the best choice for small and mid-sized companies. The software is mobile compatible, which makes it really flexible to be accessed from anywhere at any time.

Innago enhances communication and automates some of the most complicated processes of property management companies. It also has a module for tenant screening, which allows the operators to manage tenants easily. Thus, this is certainly one of the best property management ERP solutions that you can choose for your business.

3. Yardi Breeze

Features

  • Flexible enough to let the operators manage properties from any device
  • Seamless and centralized communications with prospects, owners and residents
  • Processes from screening to leasing can be performed online through the application
  • Streamlining the process of rent and fee collection seamlessly
  • Tracking finances while assisting in the identification of areas with issues.
  • Accounting functions can be performed easily. These functions can include payables, receivables, and general ledger
  • Capable of providing comprehensive reports to property owners

Price

  • Residential and Association subscriptions start at $1/unit/month.
  • Commercial subscriptions start at $2/unit/month.
  • Affordable Housing subscriptions start at $3/unit/month.

 

Yardi Breeze is a global American property management ERP solution that offers unique functionalities like IT project management for property management. The software is very affordable as well. Hence, if your company is small or mid-sized you can easily go with it. There are several unique features including live-chat. Moreover, the accounting features are certainly something you need in your property management business.  

2. Appfolio Property Manager

Features

  • Intuitive user interface that simplifies accounting procedure.
  • Real-time customizable reporting can help in enhancing diverse portfolios
  • Automated data compilation with performance insights dashboards
  • Centralization of communication with property residents by using an in-app text- and email-sending feature
  • Availability of mobile application for enhancing the experience of operators and residents
  • Capable of streamlining maintenance workflows
  • Capable of automating payments and records
  • Capable of optimizing staffing and training procedures
  • AI leasing assistant, Lisa, is another helpful feature

Price

  • Residential subscriptions start at $1.40/unit/month
  • Commercial subscriptions start at $1.50/unit/month
  • Community Associations can access at $0.80/unit/month

 

The 2nd position is claimed by AppFolio Property Manager, which is a property management ERP as well as a business accounting software. This is a cloud-based management solution that has several tools to support all the property management needs easily. The affordable pricing structure of the company makes it one of the best choices for small and mid-sized companies. The feature-set of the software is capable of supporting all the real-estate needs efficiently, making it one of the best property management ERP solution to opt for.

1. Entrata

Features

  • ProspectPortal feature for streamlining marketing and lead conversion facilities.
  • Seamless lease-signing and custom lease-design automation.
  • Integration of several accounting elements, including ledgers, payments and returns.
  • Simplifies physical and financial steps for residents through virtual rent and fee collections
  • Advanced assistance in managing vendors, orders, and invoice creation
  • Work-order feature to improve facility management
  • Storage of data and documents securely for long-term use.

Price

By requesting a quote

 

The top spot of our list of top 10 property management ERP solutions have been gained by Entrata. It is a comprehensive property management ERP system that is designed to ease the manual load of property owners and operators. The unique features of this property management ERP software makes it preferable among the real estate companies.

There is a ProspectPortal feature, which allows the operator to keep track of prospects while engaging them more than ever. Moreover, there is a virtual assistant that can help the operators in managing everything more swiftly and easily. Additionally, Entrata improves overall communication within the company, enhancing the overall performance even more. Thus, choosing this property management ERP can certainly be beneficial for your company.

Conclusion

The above mentioned property management ERP software are the preferred ones to be available in the market. Some of these are quite expensive but some are affordable and free. Thus, there are lot of variety to choose from. You can easily compare these software to one another and choose the best one for your business. However, it is always recommended to opt for the software that is capable of fulfilling the most number of your business requirements.

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