Top Property Management System Software in 2020
Finding the best Property Management Software for your business is now faster and easier! Compare prices, reviews, features, and get free consultation to find the perfect software.
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 use 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 are to be sold (or rent out). It supports front desk accounts, marketing as well as connecting and coordination with other 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, sales and also has additional functions like bookings, guest information, online reservations, POS, accounts, HR management, inventory management, bills on food and drinks, maintenance, quality checks etc. This software can be used in conjunction with other software systems that you may already be using at your property.
This software is a must for those people who want to brand their property into a business entity and earn good revenue without the headache of remembering all the details that are involved into the maintenance and running of the property. 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.
Property software gives you the technology and tools to make truly informed decisions daily about every aspect of your hospitality business; thereby reducing costs, better services to the guests and accurate inventory updates.
- This software is not very costly and can easily fit in the budget of the buyer. Most software come with additional features which 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; the software makes it compatible for the user as well as the guests; making it easy for the prospective guests to book/reserve place easily.
- Most of the property management software comes with the integrated feature of supporting multiple languages and even multiple currencies.
- 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, lapse of a single night audit can create havoc for your business the next day.
- If there is a virus problem it might affect the saved data and the guest might be given 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 via online.
- Manage a single or all group of properties
- Categorize the rooms of the properties and amenities
- Unlimited user accounts possible
- Updated financial data available
- Special pricing for holidays, weekends and short term vacations are automated
- Revenue distribution and generation data
- Automated surcharge costing add-on
- Multiple rates sequenced into a single stay for guest’s convenience
- Updated status of rooms
- Room availability can be checked by the guests themselves
- Guest details are easily formatted in free format forms available
- Reservation page gives all data in 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 start/end days of their stay and also select their rooms
- Guest can get Real time updates on 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 check outs with streamlined invoices and bills with Extension of stay updates
- 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
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. View Profile
A cloud-based software solution, the Hotelogix PMS is capable of managing the complete operations of the hospitality business. Adequately priced, you have a variety of features on offer. The USP of the software is the simple manner by which you can track guest payments. View Profile
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.
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.
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.
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.
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.
A simple and efficient PMS software
Easily save time, money, and energy by using Property Manager Cloud an intuitive, cloud-based property software. It includes features like an owner portal, tenant portal, maintenance requests, leases, residents screening, and comprehensive property information.
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.
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.
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.
A cost-effective building management software
Designed for medium- to large-sized enterprises, Total Management is a comprehensive property management system software. It includes features like emailing work orders, communicating with residents and tenants, complete accounting capabilities, and more.
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.
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.
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.
Software by SimplifyEm Inc
Simplifyem is to build the easiest to use property management software for property managers and real estate investors. It using latest web technologies and giving a lot of time attending to customers making sure it follow clients their needs and have caught the right solution for them.
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.
An effective PMS Software
The core of InnkeyPMS system comprises of an easy to use yet comprehensive hotel PMS Software.
hotel software, club software, resort software
THMS a Hotel PMS Software to manage operations like check-in / check-out, front desk, hotel billing etc. THMS is a complete PMS application.
Web Based property management system
mycloud PMS system is a complete cloud based online property management software which is secure and reliable to manage with your hospitality operations, similar to reservations, guest database, check out, check in, feedback, travel operators and organizations.
Software by RezNext
RezNext offering gives you an industry leading channel manager. It has 2-way availability for continuous rates, inventory and stock from the Property Management System to the appropriation channels.
Software by Winsar infosoft
WINHMS Enterprise is a perfect fit for large and premium properties. The extensive coverage and control of all departmental operations of this property management system is unparalleled.
Update Inventory and Pricing from same place
AxisRooms is online property management software. It is India’s first Global Distribution System technology provider for travel related. Driven by the passion for simplicity and practice a religious approach for questioning and challenging the online business for hospitality and tourism.
Free & Open Source Property Management System
OpenMAINT is open source PMS software. It is CMDBuild and moved developed utilising the most excellent form criteria and the best available technologies for property management software.
Software by BigProf Software
ORPM is a visible center on the open source property management system. Create web database applications immediately without writing any code it has a Time-saving productivity tools.