Yardi and FreeAgent are two of the most popular property management software programs on the market today. While they both offer a variety of features and benefits, there are some key differences that you should be aware of before making a decision. In this article, we'll take a closer look at Yardi and FreeAgent, compare and contrast their features, and help you decide which one is right for you.
Overview
Yardi is a comprehensive property management software suite that offers a wide range of features and benefits for both small and large businesses. FreeAgent is a cloud-based accounting software program that offers a variety of features specifically for property managers. While Yardi is a more comprehensive solution, FreeAgent offers more specialized features specifically for property management.
Features
Both Yardi and FreeAgent offer a wide range of features. Yardi's features are organized into modules, which include accounting, asset management, compliance, human resources, maintenance, rent collection, and more. FreeAgent's features are organized into three main categories: property management, accounting, and compliance.
Property Management
Yardi's property management features include lease management, rent collection, maintenance management, and more. FreeAgent's property management features include lease management, rent collection, work order management, and more. Both software programs offer a wide range of features specifically for property managers.
Accounting
Yardi's accounting features include accounts receivable, accounts payable, general ledger, and more. FreeAgent's accounting features include invoicing, billing, bank reconciliation, and more. Both software programs offer a wide range of features specifically for accounting.
Compliance
Yardi's compliance features include background checks, credit checks, drug testing, and more. FreeAgent's compliance features include background checks, credit checks, and more. Both software programs offer a wide range of features specifically for compliance.
Pricing
Yardi offers a variety of pricing options depending on the size and needs of your business. FreeAgent offers a subscription-based pricing model, with three different pricing tiers depending on the number of units you manage.
Yardi Pricing
Yardi offers a variety of pricing options depending on the size and needs of your business. Yardi's pricing is based on the number of units you manage, and they offer discounts for larger businesses.
FreeAgent Pricing
FreeAgent offers a subscription-based pricing model, with three different pricing tiers depending on the number of units you manage. The three pricing tiers are:
- Basic: $9.99/month for up to 10 units
- Standard: $19.99/month for up to 100 units
- Enterprise: $39.99/month for unlimited units
Conclusion
Yardi and FreeAgent are both great property management software programs. They both offer a wide range of features, benefits, and pricing options. It's important to weigh your options and decide which software program is right for you.