In the world of property management software, two of the most popular names are Wave and Yardi. Both offer a variety of features and tools to help property managers streamline their workflows. So, which one is the right fit for your business? In this Wave vs Yardi comparison, we'll take a detailed look at the features and functionality of both platforms to help you make an informed decision.
Pricing
One of the first things you'll want to consider when choosing a property management software is price. Wave offers a free version of their software for businesses with 10 or fewer units. Their paid plans start at $9 per month for businesses with up to 100 units. Yardi offers a free trial of their software, but their paid plans start at $1,295 for businesses with up to 500 units.
Features
Wave
Wave's property management software includes a variety of features to help you manage your properties more efficiently. Their platform includes tools for accounting, invoicing, payments, and more. Wave's accounting features allow you to track income and expenses, manage your budget, and generate financial reports. Their invoicing and payment features allow you to collect rent online and automate late payment fees. Wave also offers a variety of integrations with other popular business software, like QuickBooks, Google Sheets, and Zapier.
Yardi
Yardi's property management software includes a variety of features to help you manage your properties more efficiently. Their platform includes tools for accounting, invoicing, payments, and more. Yardi's accounting features allow you to track income and expenses, manage your budget, and generate financial reports. Their invoicing and payment features allow you to collect rent online and automate late payment fees. Yardi also offers a variety of integrations with other popular business software, like QuickBooks, Google Sheets, and Zapier.
Ease of Use
Wave
Wave's property management software is designed to be user-friendly and easy to use. Their platform is intuitive and easy to navigate. Wave offers a variety of helpful resources, like video tutorials and a knowledge base, to help you get the most out of their software. Wave's customer support team is also available to answer any questions you may have.
Yardi
Yardi's property management software is also designed to be user-friendly and easy to use. Their platform is intuitive and easy to navigate. Yardi offers a variety of helpful resources, like video tutorials and a knowledge base, to help you get the most out of their software. Yardi's customer support team is also available to answer any questions you may have.
Customer Support
Wave
Wave offers customer support via email and live chat. Their customer support team is available Monday-Friday, 9am-5pm EST. Wave also offers a variety of helpful resources, like video tutorials and a knowledge base, to help you get the most out of their software.
Yardi
Yardi offers customer support via email and live chat. Their customer support team is available Monday-Friday, 9am-5pm EST. Yardi also offers a variety of helpful resources, like video tutorials and a knowledge base, to help you get the most out of their software.
The Bottom Line
Both Wave and Yardi offer a variety of features and tools to help property managers streamline their workflows. When it comes to pricing, Wave is the more affordable option for businesses with 10 or fewer units. Yardi is a better fit for businesses with 500 or more units. Both platforms are easy to use and offer a variety of helpful resources. When it comes to customer support, both Wave and Yardi offer email and live chat support. Ultimately, the decision of which platform to choose comes down to your specific needs and preferences.