PayProp Vs LandlordTracks (Nov 2020)

Shlomi LaviShlomi Lavi / Nov 17, 2020

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PayProp

ITQlick rating
(4/5)

Starting from $49 per month

PayProp is a property management software designed to simplify rent collection and payment. The software is integrated into the UK banking system; hence, this makes landlord and tenants account balances updated...

Categories: Property Management, Property Management - Apartment, Lease Management, Property Management - HOA.

LandlordTracks

ITQlick rating
(4.1/5)

starts at $15 per month

LandlordTracks is a rental property management software designed for businesses and property managers to manage vacation properties, carry out long term and short term rentals, advertise vacancies, and carry ou...

Categories: Property Management, Property Management - Apartment, Lease Management, Property Management - HOA, Property Management - Rental Property.

Compare specifications

Compare features

PayProp: 0 Features

We are working to collect the list of features

LandlordTracks Software: 0 Features

We are working to collect the information

Bottom Line: Which is Better - PayProp or LandlordTracks?

LandlordTracks is more expensive to implement (TCO - Total Cost of Ownership) than PayProp, LandlordTracks is rated with the same score (84/100) as PayProp (84/100).

Looking for the right Property Management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How PayProp compares with LandlordTracks?

PayProp: PayProp was launched in 2004 and has grown into a leading processor of rental payments and back office automation for the property management industry. Our platform sets the standard for speed and accuracy of transaction processing, posting, reconciliation and pay-outs, offering our clients complete transactional control and regulatory compliance.

LandlordTracks: With over 1,000 properties to manage, we couldn't be happier! We have been using this for a year and a half now. Initially we looked at more than 12 software products all the big ones, and this is the one that worked best for all of our needs. We have multiple offices throughout the country and with this software all our offices can remotely manage...

Who's more expensive? PayProp or LandlordTracks Software?

The real total cost of ownership (TCO) of Property Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for PayProp and LandlordTracks Software.

PayProp price Starting from $49 per month , on a scale between 1 to 10 PayProp is rated 2, which is much lower than the average cost of Property Management software. LandlordTracks Software price starts at $15 per month , when comparing LandlordTracks Software to their competitors, the software is rated 2 - much lower than the average Property Management software cost.

Bottom line: PayProp cost is around the same cost of LandlordTracks Software.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared PayProp Vs. LandlordTracks based on some of the most important and required Property Management features. PayProp: We are still working to collect the list of features for PayProp. LandlordTracks Software: We are still working to collect the list of features for LandlordTracks Software.

Target customer size

PayProp's typical customers include: SMBs, and LandlordTracks Software's target customer size include: Small, medium and large size businesses.

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
PayProp
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
84/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
5
Compare
LandlordTracks
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
84/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$15 per month
Functionality
6
Buildium
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
100/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.8/10
License pricing license pricing (if provided by the software vendor)
$50 per month
Functionality
25
Propertyware
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
96/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
7/10
License pricing license pricing (if provided by the software vendor)
$250 per month
Functionality
25
AppFolio
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
95/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
3/10
License pricing license pricing (if provided by the software vendor)
$250 per month
Functionality
32
Author
Shlomi Lavi - admin

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.