Property Matrix Review

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Last updated: Feb 02, 2020

Property Matrix Review

ITQlick rating
(4.7/5)

Starting from $350 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

Shlomi Lavi / updated: Feb 02, 2020

What is Property Matrix?

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 tracking, CRM, building maintenance and online classifieds.

Property Matrix software is a product of Property Matrix, a company established in 2006 in the USA. The primary features of Property Matrix software include custom accounting, enterprise-class reporting, automatic actions, check scanning, document signing, document management and more.

The incorporated accounting package offers general ledger, account receivable, accounts payable, as well as all transactions history. It includes an Owners portal through which the owners are able to see maintenance history, lease expirations, bills and pay rent dates. The software is supported on Windows, Android, iPhone/iPad, Mac, and Web-based platforms.

Average Rating -

The rating of Property Matrix is 4.7 stars out of 5. The rating is based on ITQlick expert review.

Typical Customers

The software is a viable product for businesses of all sizes. Most commonly, it can be deployed in such major industries and domains as real estate, hotels and restaurants, motels and inns, home property development, engineering services, and others. Some notable customers of the software include Greyman Properties, MVM Property Management, and Regent Properties etc.

Features

The software features a simple and intuitive interface detailing at one place all the important aspects of property. Filters are used to separately display certain aspects of property such as vacancies, tenants, and units etc. It feature an owners portal which offers such details as asset monitoring, payment of bills, fee calculations, outstanding payments, and other financial aspects.

The separate accounting page of Property Matrix allows keeping track of incoming payments and ensures that vendors are paid in a timely manner. Other important capabilities include accounting integration, landlord database, tenant database, vacancy tracking, maintenance management, and notifications etc.

Competitors & Alternatives

The two main competitors of Property Matrix software include Property Manager Cloud and Domum Link. Property Manager Cloud software is a medium-cost property management solution tailored to cover landlords & property managers in businesses of any size whereas Property Matrix is a low-cost property management solution tailored for multi-family unit properties and apartment complexes.

Both Property Manager Cloud and Property Matrix platforms are offered through cloud-based solutions. Property Matrix software is a product of Property Matrix but in comparison, Property Manager Cloud is designed and sold by Property Manager Cloud Company. The two systems train their users through online and Business Hours channels.

Just like Property Matrix software Domum Link is a cloud-based, low-cost property management solution designed to cover the needs of any size of business from small to large enterprises. While Domum Link offers Documentation and Live Online training channels, Property Matrix offers Documentation, Webinars, and Live Online training to users.

Domum Link software is designed by Domum Link in Canada whereas Property Matrix software is a product of Property Matrix in the US.

Property Matrix Pricing Information

The cost of license starting from $350 per month. The experts at ITQlick has reviewed Property Matrix pricing and gave the software a total cost of ownership (TCO) rating of 2.2 out of 10. Custom price cost for your business is available upon request.

Questions to ask the vendor during a demo

Schedule a demo and access 25 must ask questions for the vendor while watching Property Matrix in action

Is it the right software for you?

Property Matrix software offers property management solution ideal for multi-family unit properties and apartment complexes. It best works with small businesses, medium, as well as large-market companies. The software is used by property owners, property managers, and property management agencies.

Property Matrix Categories

Property Management
Property Management - Apartment
Property Management - Rental Property
Project Management

Specifications

Company:
Address: CA, United States
Website:https://www.propertymatrix.com/
Customers: Small business
Business Area: Cross Business Areas
Platforms: Desktop
Operating Systems: Mac OS, Windows, Linux

Property Matrix Features

Billing & Invoicing
Property Management
Expense Management
CMMS
Contact Management

Property Matrix Vs. Alternatives

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 score, 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)
Hosting
Functionality score
Fit small business
Fit medium business
Fit large business
Software review
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