Propertyware vs Buildium: An In-Depth Comparability

Whereas each software program provides an identical vary of options, let’s get an in depth have a look at how they evaluate subsequent to one another. A side-by-side comparability may help paint a clearer image of the place every software program shines.

Lead-to-Lease Providers

With out complete property administration software program, the step-by-step course of of somebody changing into a result in signing the lease is lengthy and complex, made additional sophisticated by all of the paperwork concerned. Buildium provides a streamlined workflow from each step of the method:

• Rental itemizing syndication
• Drag-and-drop web site creator
• A rental utility administration dashboard
• Showings coordinator and automatic reminder notifications
• Tenant background checks powered by TransUnion
• Digital signatures powered by Dropbox Signal
• Renters insurance coverage powered by MSI

Propertyware additionally provides comparable lead-to-lease options together with:

• A templated web site creator
• Lead monitoring
• Rental itemizing syndication
• An utility portal
• Tenant screening
• Digital signatures
• Leasing contact heart

Each software program options have comparable capabilities. Propertyware shines in terms of companies that require numerous customizable choices. Buildium’s power is in its wide selection of options and integrations accessible proper out of the field.

On-line Lease Assortment

Buildium collects hire, charges, and payments on-line routinely. Residents can add their fee bank cards and financial institution accounts straight onto the Resident Middle and arrange recurring funds. You can too pay house owners and distributors, whereas each single transaction is recorded in your accounting platform.

Proprietor Portals on Propertyware permit you to switch or obtain cash. Tenants can even pay hire on-line with their checking/financial savings accounts or bank cards. If tenants can’t pay hire on-line or want to pay in money, Propertyware’s Money Funds provides tenants various choices to keep away from late charges and penalties.

Property Administration Accounting

Buildium provides exact bookkeeping for property managers to know the ins and outs of their enterprise. Buildium provides real-time dashboards and makes it simple to ship and obtain digital funds securely—that are all recorded routinely. Additionally they provide superior 1099 e-Submitting, so you may put together your 1099 in minutes and ship them earlier than submitting even formally opens with the IRS.

Propertyware permits you to entry distributors, payments, funds notes, and paperwork in a single location. Handle accounts receivable, accounts payable, and reconcile together with your financial institution accounts shortly.

Additionally they provide customizable reviews that enable customers to select from a complete set of information factors to arrange reviews with as little or as a lot element as they want. Lastly, it contains budgeting options to facilitate enterprise development.

Upkeep Administration

Buildium’s strong upkeep administration options reduces paperwork and automates each process. Residents, house owners, and workers can submit work orders, add movies and pictures, and monitor vendor efficiency. Buildium integrates together with your accounting system so you may pay your distributors routinely.

Equally, Propertyware provides a chook’s-eye view of distributors and duties. The software program standardizes work orders and dispatches service technicians by the Maintenance Contact Center. Buildium additionally provides a 24/7 Upkeep Contact Middle that helps area and resolve upkeep requests. Nevertheless, Buildium’s power is in its integrations because it connects with Rocket Station for sourcing digital workers and Property Meld for automated service request administration.

Communication Portals

Buildium has two main communication portals: Resident Middle and the Proprietor Portal. Resident Middle permits tenants to view their funds, submit upkeep requests, make funds on-line, and talk with the property supervisor or different tenants. Property managers can grant house owners entry to necessary paperwork, monetary reviews, and hire assortment by the Proprietor Portal. They’ll additionally ship notices to house owners by e mail or bodily mail.

Propertyware additionally has Tenant and Owner Portals that present two-way communication. Homeowners get to see the efficiency of their portfolio, whereas tenants can talk with property managers and pay hire on-line. General, the options are comparable between the 2 software program.

Integrations and Open APIs

Not all property companies have the identical wants, which is why flexibility is essential for all-in-one options. In the event you’re in search of options outdoors of what Buildium and Propertyware provide out of the field, they supply integrations and an open API to broaden your capabilities.

Propertyware integrates with a handful of exterior software program, together with SuiteSpot, GigTel, PropertyMeld, PATLive, Showdigs, and AvidXchange. Buildium has a rising companion market of integrations that work out of the field, with none customized coding required.

Each Buildium and Propertyware have open APIs that enable PMs to cross your knowledge to wherever you want – whether or not it’s present software program or software program constructed by yourself.

You may hyperlink Buildium’s knowledge with exterior instruments and techniques programmatically with their open API. Buildium additionally permits you to create self-service API keys, so you may generate keys anytime and anyplace. That is all hosted in Buildium’s developer portal, the place you may handle your integrations in a single place.

Whether or not it’s customizable reviews or constructing dashboards, Propertyware’s greatest power is its customization. It begins with their API that helps two-way knowledge connection, which implies you may freely cross knowledge forwards and backwards from any software program of your selecting. Propertyware additionally contains customized fields that enable extra customization within the dashboard.

Buyer Help

To make use of all-in-one software program to its fullest, onboarding and training are essential. Buildium companions you with an Onboarding Specialist to stroll by the ins and outs of Buildium. With Stevie Awards for Excellent Buyer Service eight years in a row, Buildium provides distinctive assist. Additionally they provide a Assist Middle and self-guided on-line coaching program referred to as Buildium Academy.

When signing up with Propertyware, you’re paired with an Implementation Guide (IC) who walks you thru the implementation course of. Moreover, they provide customized one-on-one coaching classes, each day webinars, and even on-site coaching to cowl all of the roles and duties inside your group. Additionally they provide video coaching programs referred to as Propertyware University.

Pricing

Whereas each software program present a spread of customizable pricing choices, they begin at completely different baseline value factors. Buildium’s Important plan begins at $52 per 30 days, whereas Propertyware has a $250 month-to-month minimal and an implementation payment to get began.

Propertyware has actually sturdy customizable options the place you pay for under the options that make sense for what you are promoting–together with an internet site builder and the upkeep contact heart. Buildium provides a free 14-day trial and extra reductions as much as 15% off your annual subscription by their rewards program.