Compare Property Matrix and ProjecTools Procurement - Oct 2022

Shlomi LaviShlomi Lavi / Oct 06, 2022

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Bottom Line: Which is Better - Property Matrix or ProjecTools Procurement?

ProjecTools Procurement is more expensive to implement (TCO) than Property Matrix, and ProjecTools Procurement is rated higher (90/100) than Property Matrix (80/100). ProjecTools Procurement offers users more features (6) than Property Matrix (5).

Looking for the right Property Management - Rental Property 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:

Property Matrix Vs. PROJECTOOLS

Property Matrix: From top to bottom, Property Matrix is made of innovators who are devoted to continued development. We pride ourselves on working with only the best, so that you receive nothing less than the best. We are a team dedicated to making life easier for our customers, and we are always working on new features and solutions based on your feedback. We b...

PROJECTOOLS: ProjecTools recognizes that the Oil & Gas and engineering, procurement, construction, and installation (EPCI) industries face increasing competition and risk. Geographic reach and environmental concerns add complexity requiring successful EPCI firms to have immediate access to critical information. ProjecTools satisfies the Oil & Gas industry’s dem...

Who is more expensive? Property Matrix or ProjecTools Procurement?

The real total cost of ownership (TCO) of Property Management - Rental Property 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 Property Matrix and ProjecTools Procurement.

Property Matrix price starts at $450 per month , On a scale between 1 to 10 Property Matrix is rated 2, which is much lower than the average cost of Property Management - Rental Property software. ProjecTools Procurement price starts at $897 per month , When comparing ProjecTools Procurement to its competitors, the software is rated 4 - lower than the average Property Management - Rental Property software cost.

Bottom line: ProjecTools Procurement is more expensive than Property Matrix.

Which software includes more/better features?

We've compared Property Matrix Vs. ProjecTools Procurement based on some of the most important and required Property Management - Rental Property features.

Property Matrix: Billing & Invoicing, Property Management, Expense Management, CMMS, Contact Management.

ProjecTools Procurement: Collaboration, Document Management, Issue Tracking, Project Management, Resource Management.

Target customer size

The software is a viable product for businesses of all sizes. Customers of the software include small and medium businesses as well as large enterprises.

Property Matrix

ITQlick rating
(4.7/5)

starts at $450 per month

Property Matrix software is a cloud-hosted property management solution tailored for multi-family unit properties and apartment complexes. The solution incorporates tools for property accounting, tenant & lease...

Categories: Property Management, Property Management - Apartment, Property Management - Rental Property, Project Management.

ProjecTools Procurement

ITQlick rating
(3.1/5)

starts at $897 per month

ProjecTools Procurement is a cloud-based construction procurement solution that is developed to be used in businesses that are in construction, manufacturing, and oil and gas companies. The solution is easy to ...

Categories: Procurement, Project Management, Team Collaboration.

Compare specifications

Compare features

Property Matrix: 5 Features

Billing & Invoicing
Property Management
Expense Management
CMMS
Contact Management

ProjecTools Procurement: 6 Features

Collaboration
Document Management
Issue Tracking
Project Management
Resource Management
Scheduling
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
Property...
ITQlick rating
4.7/5
Score
80/100
Pricing
2.2/10
License pricing
$450 per month
Functionality
9
Compare
ProjecTo...
ITQlick rating
3.1/5
Score
90/100
Pricing
5/10
License pricing
$897 per month
Functionality
9
Simplify...
ITQlick rating
4.3/5
Score
99/100
Pricing
2.6/10
License pricing
$25 per unit/month
Functionality
9
Rentec D...
ITQlick rating
4.7/5
Score
93/100
Pricing
2.4/10
License pricing
$35 per month
Functionality
25
Rent Man...
ITQlick rating
4.4/5
Score
90/100
Pricing
7/10
License pricing
$1 per unit/month
Functionality
12

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.