Are you considering implementing CRM technology?
This type of technology can help you and your team deal with leads, properties, and more.
If you are, you don’t have to look very far for help. Many services exist to make your life easier, but the real question is which one is the best?
While we can’t tell you which one you should choose, we can point you in the right direction. To begin, we’ll look at Appfolio vs. Yardi, two services that are worth your time.
What is Appfolio?
Appfolio software is a cloud-based property management platform. It helps residential property managers to better manage their financial and operational performance.
It offers an interface that helps rental professionals to do a variety of tasks. This includes collecting rent, tracking occupancy rates, managing leases, and analyzing their investments.
It also integrates with accounting software, lead tracking systems, and other third-party software. Appfolio is also quite easy to use. Its digital support center provides help for users to get the most out of their platform.
What is Yardi?
Yardi software provides a wide range of services and tools for property managers. It can simplify the management process of home and commercial real estate.
It makes it easy to track tenant requirements. It can also help with financial transactions, manage maintenance and generate reports. Yardi also provides customer relationship management, customer self-service capabilities, and other customer-centric technology.
Yardi’s cloud-based platform lets property managers access and edit data from anywhere. This provides real-time views of financials and data.
The Differences in Features
Appfolio and Yardi are both great software options for landlords and property managers. But, some distinct differences may make one or the other a better fit for your needs.
Appfolio is an excellent all-in-one platform that offers expansive features. For example, it has in-depth CRM and property management tools. Meanwhile, Yardi is an industry-leading system that offers more in-depth functionality. In short, it offers more when it comes to features.
Keep in mind though that Yardi comes with a steep learning curve due to its unique database setup. For a smoother implementation, you should get in touch with a Yardi voyager consulting at BAS.
The Differences in Price
Appfolio is the budget-friendly option between the two. Their platform prices range from $80-$150 per user per month. This will depend on the services and/or features you choose.
Yardi is the more expensive option. Their prices depend on the number of units managed. The base rate is a yearly fee determined by the number of units.
Also, there are extra features that can get added at an additional cost. On average, Yardi’s cost is double that of Appfolio. However, the extra cost could be justified by the advanced features and robustness of Yardi’s software.
Make the Choice Between Appfolio vs. Yardi
Both of these are strong solutions for property management. Your decision to choose between Appfolio vs. Yardi depends on the needs of your business.
With both of them offering great advantages, users should check each one before making a final choice. For more advice and consultation, reach out to a professional today.
If you want to learn more, be sure to check out our website!