Shlomi Lavi /
Jul 02, 2022
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Bottom Line: Which is Better - Yardi Voyager or Rent Online?
Rent Online is more expensive to implement (TCO) than Yardi Voyager, and Yardi Voyager is rated higher (88/100) than Rent Online (87/100). Rent Online offers users more features (24) than Yardi Voyager (21).
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. London Computer Systems, Inc.
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...
London Computer Systems, Inc.: Incorporated in 1988 and headquartered in Cincinnati, London Computer Systems (LCS) is a developer of business-critical software technologies used in all 50 states and several markets throughout the world. LCS products include Rent Manager®, one of the most widely-used property management and accounting solutions in the real estate industry, Net Di...
Who is more expensive? Yardi Voyager or Rent Manager Online?
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 Rent Manager Online.
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. Rent Manager Online price starts at $1 per unit/month , When comparing Rent Manager Online to its competitors, the software is rated 4 - lower than the average Property Management software cost.
Bottom line: Yardi Voyager cost is around the same cost of Rent Manager Online.
Which software includes more/better features?
We've compared Yardi Voyager Vs. Rent Online 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.
Rent Manager Online: Accounts Payable, Billing & Invoicing, General-Ledger, Automatic Data Backup, Automatic Property Mapping.
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. Rent Manager is good for both residential and commercial property management needs as it is designed especially for managing today real estate professional needs.