Compare RoomKey PMS and Budgetrac Property - Jun 2022

Shlomi LaviShlomi Lavi / Jun 24, 2022

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - RoomKey PMS or Budgetrac Property?

RoomKey PMS is more expensive to implement (TCO) than Budgetrac Property, and RoomKey PMS is rated higher (84/100) than Budgetrac Property (83/100). Both tools offer the same amount of features.

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:

RoomKey Vs. Budgetrac Systems, Inc.

RoomKey: RoomKey starts with powerful Hotel Software. The RoomKey hotel management system is a cloud-based Property Management System, and, related hotel marketing and online products and services to the global hospitality industry. RoomKeyPMS is easy-to-use for front-desk staff, yet provides robust management reporting with live 24/7 Signature Support, and...

Budgetrac Systems, Inc.: Budgetrac Systems, Inc., develops software for the real estate industry. The software expressly targets real estate developers, home builders and property managers. Located near the Research Triangle Park in Raleigh-Durham, NC, Budgetrac’s software and service solutions are backed by over 25 years of software development experience, industry knowle...

Who is more expensive? RoomKey PMS or Budgetrac Property management?

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 RoomKey PMS and Budgetrac Property management.

RoomKey PMS price starts at $3 per room/month , On a scale between 1 to 10 RoomKey PMS is rated 4, which is lower than the average cost of Property Management software. Budgetrac Property management price starts at $1,600 per user/year , When comparing Budgetrac Property management to its competitors, the software is rated 4 - lower than the average Property Management software cost.

Bottom line: RoomKey PMS cost is around the same cost of Budgetrac Property management.

Which software includes more/better features?

We've compared RoomKey PMS Vs. Budgetrac Property based on some of the most important and required Property Management features.

RoomKey PMS: Automatic Data Backup, Email Owner Statements, Maintenance Overview, Move Management.

Budgetrac Property management: Automatic Property Mapping, Maintenance Overview, Space Planning, Streamlined Work Orders.

Target customer size

RoomKey PMS is best for any size of business or enterprise in the hospitality industry including hospitality properties such as hotel management companies, reservation websites, hotel chains, motels, B&B (bed and breakfast), boutique hotels, inns, and resorts. Budgetrac Property Management Software is perfect for all types of property owners and real estate developers.



RoomKey PMS

ITQlick rating
(4/5)

starts at $3 per room/month

RoomKey PMS is a cloud-based property management system that is suitable for use in businesses of all sizes, including small-sized companies, medium-sized companies, and large enterprises. With RoomKey PMS, one...

Categories: Hotel Management, Hotel Resort Management, Property Management, Lease Management.

Budgetrac Property

ITQlick rating
(3.8/5)

starts at $1,600 per user/year

Budgetrac Property management software is comprehensive, cloud-hosted property management & accounting solution tailored for commercial properties including the industrial, retail and office.

Categories: Construction Accounting & Job Costing, Property Management, Online Project Management.

Compare specifications

Compare features

RoomKey PMS: 4 Features

Automatic Data Backup
Email Owner Statements
Maintenance Overview
Move Management

Budgetrac Property management: 4 Features

Automatic Property Mapping
Maintenance Overview
Space Planning
Streamlined Work Orders
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
RoomKey ...
ITQlick rating
4/5
Score
84/100
Pricing
5.8/10
License pricing
$3 per room/month
Functionality
9
Compare
Budgetra...
ITQlick rating
3.8/5
Score
83/100
Pricing
4.4/10
License pricing
$1,600 per user/year
Functionality
7
Buildium
ITQlick rating
4.5/5
Score
100/100
Pricing
2.8/10
License pricing
$50 per month
Functionality
25
Propertyware
ITQlick rating
3.6/5
Score
96/100
Pricing
7/10
License pricing
$1 per unit/month
Functionality
25
AppFolio
ITQlick rating
4.5/5
Score
95/100
Pricing
3/10
License pricing
$1.40 per unit/month
Functionality
32

Auditor - Shlomi Lavi

Website Linkedin profile Facebook Twitter

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.