Compare Property Matrix and Redbooth - Oct 2022

Shlomi Lavi

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Bottom Line: Which is Better - Property Matrix or Redbooth?

Property Matrix is more expensive to implement (TCO) than Redbooth, and Property Matrix is rated higher (80/100) than Redbooth (77/100). Both tools offer the same amount of features.

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. Redbooth

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...

Redbooth: Redbooth is a collaboration and communication platform that provides a single place for shared tasks, discussions, file sharing, group chat and HD video conferencing. Redbooth is simple to use and flexible, enabling project teams and departments at thousands of companies to get work done. Founded in Barcelona in 2008, the company is privately held ...

Who is more expensive? Property Matrix or Redbooth?

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 Redbooth.

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. Redbooth price starts at $9 per user/month , When comparing Redbooth to its competitors, the software is rated 2 - much lower than the average Property Management - Rental Property software cost.

Bottom line: Property Matrix cost is around the same cost of Redbooth.

Which software includes more/better features?

We've compared Property Matrix Vs. Redbooth 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.

Redbooth: Agile Project Management, Budget & Expense Management, Resource Management, Expense Management, Time Tracking.

Target customer size

The software is a viable product for businesses of all sizes. and Redbooth's target customer size include: Small, medium and large size businesses.