Best Property Management Software

Best property management software includes Buildium, Yardi Breeze, nTireFM, Entrata, and AppFolio. This Property management system allows businesses to manage their real estate properties, including rental properties, hotels, and commercial buildings.

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List of 20 Best Property Management Software

Showing 1 - 20 of 252 products

Category Champions | 2024

Property management software made easy

Get 50% off your first two months on DoorLoop! Get access to the easiest property management software with powerful features and unlimited world-class support, training, migration, and more. Try it risk-free without a credit card and a 30-day money-back guarantee. Read DoorLoop Reviews

Award Winning Property Management System

innRoad is a cloud-based, fully automated hotel management, including with booking engine and property management. A very flexible and customized solution to manage every size of the business. Reduce the waste of time of frontdesk. Read innRoad Reviews

A PMS solution for all property types

WebRezPro is an innovative, all-in-one cloud property management system that simplifies operations for independent hotels, motels, and boutique properties, saving hoteliers time and money, boosting direct bookings, and improving the guest experience. Read WebRezPro Reviews

Category Champions | 2024

A cloud-based property management software

Buildium is a cloud-based residential property management software. It enables property managers to take control of every aspect of their business operations from financials to accounting, property inspections, and rent collections.  Read Buildium Reviews

Revolutionizing the basics of Hospitality

Stayflexi is the Modern Operating System for Hotels and Vacation Rentals, backed by Y Combinator. It helps properties automate operations, maximize revenues on unsold rooms, and offer flexible bookings for guests. Read StayFlexi Reviews

India’s First Single Sign-on Revenue & Yield Autom

Our solution addresses these challenges through an AI/ML-based end-to-end single sign-on system that helps hoteliers increase their topline by 15-20% and optimize their bottom line by 12-18%. Read SYSOTEL.AI Reviews

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Emergents | 2024

A web-based property management software

AppFolio property management software is well-known for its clean and intuitive user interface, which makes it easy to use. It automates all property management-related workflows — marketing, maintenance, accounting, online lease agreements, and more. Read AppFolio Reviews

Emergents | 2024

PMS software for multi-property management

MRI software is a  property management system that offers end-to-end functionality, such as resident screening, accounting, facilities management, and budget forecasting. It is a cloud-based property management software for commercial as well as residential properties. Learn more about MRI Software

Emergents | 2024

Online property management software for rental properties

P2PM is an affordable, web-based rental property management software system which is designed to save time and money of property owners and managers. It allows you to easily manage all your properties from anywhere with an internet connection. Learn more about Point2 Property Manager

Emergents | 2024

An all-in-one property management system

Rent Manager is an online property management software, which provides a solution for both commercial and residential properties. It is exceptionally customizable and comes with an advanced set of tools to help you carry out your business in an efficient manner. Learn more about Rent Manager

Emergents | 2024

Easy-to-use property management accounting software

PROMAS is a residential property management software created to serve the needs of property managers. It is available as a cloud-based or an on-premises solution and can be accessed from any device — Apple, Windows, and Google, for ease of access. Learn more about Promas

Emergents | 2024

A simple and efficient PMS software

Easily save time, money, and energy by using Property Manager Cloud an intuitive, cloud-based property management software. It includes features like an owner portal, tenant portal, maintenance requests, leases, tenant screening, and comprehensive property information. Learn more about Property Manager Cloud

Emergents | 2024

One of the best property management software in India

Propertyware is the most versatile, affordable, and scalable rental property management software for a single-family property. It streamlines intensive workflows including leasing renewals, rental management, communication with tenants, and more. Learn more about Propertyware

Emergents | 2024

PMS software for all property types

Re-leased is a cloud-based commercial property management software with an innovative dashboard to manage all tasks in one place. It allows the user to view analytics based on real-time data such as profit and loss reports or the percentage of properties occupied. Learn more about Re-Leased

Emergents | 2024

Leading PMS software for real estate firms

SKYLINE is a web-based property management accounting solution, designed for small to midsize real-estate firms. It features a real-time reporting dashboard that enables you to assess the operations and performances of all properties from a single screen. Learn more about SKYLINE Property Management

Category Champions | 2024

A complete booking and property management system

Now easily manage multiple properties using a single interface with the help of RMS Apartment. It is a fully-functional property management system software which allows apartment managers or owners to have full control over every aspect of property management. Read RMS Cloud Reviews

Highly robust commercial property management software

Yardi Voyager is a property software solution which revolutionizes the operations of real estate businesses. Built for both small and large enterprises, it integrates accounting and property management functions with business intelligence and real-time analytics. Learn more about Yardi

Emergents | 2024

Free-to-use rental property software

TenantCloud is an end-to-end property software solution that enables landlords to effectively manage operations and provide convenience to the tenants. It offers a complete set of features that includes online payments, request for maintenance service, and more. Read Tenant Cloud Reviews

Emergents | 2024

Top-rated property management system software

Rentec Direct is a web-based property management platform for landlords and property managers handling properties between 25 and 5,000 units. It comes with a robust set of tools that includes accounting management, maintenance records, bank records, and tenants handling. Learn more about Rentec

Contenders | 2024

The core of InnkeyPMS system comprises of an easy to use yet comprehensive hotel PMS Software.   Read InnkeyPMS Reviews

Most Reviewed

Property Management Software Guide

Property Management Software: A Buyer's Guide

Property management software (commonly also known as PMS System in business parlance) is completely computerized in function and facilitates the smooth running and management of properties (on rent or for guest usage). It looks into maintenance, legal issues, and personnel coordination from a single source. Earlier this software was available as a computer-based software requiring multiple installations on different computers. The new generation web-based PMS application uses cloud computing technology to offer solutions to your business.

PMS software is the central aspect of any property's operations that involve processing reservations and keeps tracking with updates on check-in and check-out. It tracks the number of rooms to be sold (or rented out). It supports front desk accounts, marketing, connecting and coordinating with other internal communication systems such as telephones, booking, and reservation updates, and sometimes even restaurant management (if it is part of the property package). 

Specifically designed for the hospitality industry, this software for property management looks into basic aspects like coordination and operation of front desk administration, planning, and sales. Also, it has additional functions like bookings, guest information, online reservations, POS, accounts, HR management, inventory management, bills on food and drinks, maintenance, quality checks, etc. The property management system can be used in conjunction with other software systems that you may already be using at your property.

Property management software is a must for those who want to brand their property into a business entity and earn good revenue without the headache of remembering all the details involved in the property's maintenance and running. This software is also taken up by heritage property managers who need a robust system in place to take care of their property and hospitality aspects.

How can Property Management System Software Help Your Business?

Property software gives you the technology and tools to make truly informed decisions daily about every aspect of your hospitality business; thereby reducing costs, providing better services to the guests, and providing accurate inventory updates.

Advantages:

  • This software is not very costly and can easily fit into the budget of the buyer. Most software has additional features that can be bought based on your needs.
  • Property software is easy to use. All the aspects are visible to the user making it easy to navigate and find any data.
  • The software for property management has different modules that you can specifically create according to your departmental needs. This makes it easy for you to coordinate and handle work.
  • Since this software is hosted on cloud computing, it makes it compatible with the user and the guests; making it easy for prospective guests to book/reserve places easily.
  • Most of property management software comes with the integrated feature of supporting multiple languages and even multiple currencies.

Disadvantages:

  • Power cut at the time of data input or while booking or reservations; will not save the data.
  • If the information related to the guests is wrongly fed in; the guest might get irritated.
  • At the time of auditing at night; all users have to be logged off. Moreover, the lapse of a single night audit can create havoc for your business the next day.
  • A virus problem might affect the saved data and the guest might be given the wrong information.
  • The staff must be trained to use the software with care.
  • The property software solutions renewal policy has to be taken into account with all the terms and conditions involved.
  • Many cities or countries might not have face-to-face support from the software vendor except online.

Essential Features of Property Management Software:

Essential features of a Property Management Software

Support:

  • Manage a single or all groups of properties
  • Categorize the rooms of the properties and amenities
  • Unlimited user accounts are possible
  • Updated financial data available

Managing Charges/Rates:

  • Special pricing for holidays, weekends, and short-term vacations is automated
  • Revenue distribution and generation data
  • Automated surcharge costing add-on
  • Multiple rates sequenced into a single stay for the guest’s convenience

Bookings/Reservations:

  • Updated status of rooms
  • Room availability can be checked by the guests themselves
  • Guest details are easily formatted in free format forms available
  • The reservation page gives all data in a single view
  • Records can be archived
  • Guest details can be saved for future reference
  • Reservation page search and navigation is easy
  • Details like special guest requests and late arrival or check-in are automatically updated
  • Sync of reservations from emails and mobile apps

Bookings / Checkin and Check out:

  • Guests can enter the start/end days of their stay and also select their rooms
  • Guests can get Real time updates on the availability of the rooms and their charges & confirmation updates on their reservations.
  • Synchronization of multiple usage rates and packages into the guest billing
  • Guest account creation and confirmation emails to guests are automated
  • Integration of booking systems and Coordination of data with links like expedia.com, yatra.com, and similar websites
  • Automated room allocation (self-service check-in service)
  • Credit card processing that is secure in online and offline transactions
  • Void transactions and update check-out data in night audits
  • Multiple currency payments
  • Group checkouts with streamlined invoices and bills with Extension of stay updates 

Ancillary Services:

  • POS services data updates in café, store, laundry
  • Additional charges like phone calls, wifi, movies on demand, etc automated into guests' account
  • Payments processing of credit cards

Accounts and Finance:

  • Daily/weekly/monthly reports in summary
  • Detailed property status
  • Balances of payments that are not due, due or overdue
  • Cancellations or no-shows and communication of refund policies
  • Commission to websites like expedia.com or yatra.com
  • General or Corporate billing ledger

Maintenance and Administration:

  • Room status updates
  • Internal communication
  • Report of assignments
  • Daily task lists for housekeepers
  • Record of repairs and maintenance undertaken
  • Reports of scheduled arrival and departure of guests
  • Staff training

FAQs

Property management software is a system that assists real estate professionals and landlords in tracking leases, maintenance tasks, and residents with collecting rent and other bills. It is designed to manage personal and commercial property management.

The price of property management software can vary widely, depending on the specific features and capabilities of the software. The basic price of PMS software is $10, Mid-range systems price is $50 to $200 and Enterprise-level systems range from $200 to $1000 or more.

The work of PMS is to take care of all the aspects of property management on behalf of the property owners, managers, and real estate players. It streamlines the business and improves its overall effectiveness and efficiency.

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Last Updated: March 08, 2024