Shlomi Lavi /
Jun 01, 2022
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Bottom Line: Which is Better - Yardi Voyager or PayProp?
Yardi Voyager is more expensive to implement (TCO) than PayProp, and Yardi Voyager is rated higher (88/100) than PayProp (84/100). Yardi Voyager offers users more features (21) than PayProp (0).
Looking for the right Property Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Yardi Systems Inc. Vs. PayProp
Yardi Systems Inc.: Point2 Property Manager (formerly DIY Real Estate Solutions) is the ongoing vision of a group of dedicated real estate software professionals. We spent years leading one of the largest and most successful property management software companies in the industry, serving many of the nation's largest apartment owners, professional property managers, an...
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.
Who is more expensive? Yardi Voyager or PayProp?
The real total cost of ownership (TCO) of Property Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Yardi Voyager and PayProp.
Yardi Voyager price starts at $50 per user/month , On a scale between 1 to 10 Point2 Property Management is rated 4, which is lower than the average cost of Property Management software. PayProp accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Point2 Property Management is rated 4, which is lower than the average cost of Property Management software.
Bottom line: Yardi Voyager is more expensive than PayProp.
Which software includes more/better features?
We've compared Yardi Voyager Vs. PayProp based on some of the most important and required Property Management features.
Yardi Voyager: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Automatic Data Backup, Automatic Property Mapping, Easy Data Migration, Email Owner Statements, Events Calendar, Excel Export, File Storage, Maintenance Overview.
PayProp: We are still working to collect the list of features for PayProp.
Target customer size
Yardi Voyager is best for single-family or multi-unit residential property managers who are looking for an affordable yet better web-based property management solution. and PayProp's target customer size include: SMBs.