A veteran in the business, Yardi has been around for more than 35 years and has been one of the go-to property management systems in the market. Despite being a legacy, for one reason or another, some property managers prefer an alternate route.
This article highlights the top Yardi alternatives while also giving a clear understanding of what Yardi does.
Introduction to PMS Niche
To truly understand the significance of applications like Yardi, one must understand the concept of a property management system and why it’s essential to have one if you have multiple properties under your management.
A property management system (PMS) is a software application for the automation of various operations. Daily tasks such as bookings, check-in/check-out, telephone system integration, point-of-sale (POS) integration, event planning, food/ beverage costing, inventory supply management, and security all become automated, operating through a centralized computer database.
A property management system can be used in various organizations such as real estate, manufacturing, logistics, intellectual property, government, and commercial or residential rental properties.
The best way to think of a PMS is as a centralized online system that manages day-to-day operations such as organizing, scheduling, account management, occupancy management, and much more. Because of how useful they are, most professional property management depends on a PMS solution to maximize their business’ functionality.
What Yardi does
Originally founded back in 1984, Yardi has grown dramatically over the years to become one of the leading providers of software solutions for property management, especially in the real estate industry.
The solutions provided by Yardi include software for property management, accounting, marketing and leasing, market intelligence, energy management, end-to-end procurement, business intelligence, learning management, and much more. Irrespective of your establishment’s size, Yardi offers solutions to all portfolio types and sizes, from large multinational enterprises to small and midsize holdings.
SEO and PPC management, call center answering, and full-service invoice processing and payment are also added services provided by Yardi.
Yardi is an embodiment of multiple companies and affiliates. The markets that they provide services for include student housing, parks and recreation, military housing, office and retail, and more.
Some of the commonly used Yardi companies and affiliates are Yardi Voyager, Yardi Breeze, RentCafe, Storage cafe. This means many of the services you might be looking for that are provided by Yardi are going to be found in one of these companies.
For instance, RentCafe is an application for apartment searches and property managers can use it to generate higher resident retention and satisfaction with online rental applications, approvals, and lease renewals while making your residents’ lives easier.
Yardi Breeze is a property management software designed for you. It puts you in charge of marketing and managing your entire portfolio, with support for residential, commercial, affordable, self-storage, HOA/condo, and manufactured properties.
Storage Cafe is an application used to find storage units available nationwide.
All these affiliates and more are what make up Yardi, with the most popular being Yardi Breeze.
Being client-centered and prioritizing customer service, Yardi also adds excellent customer service to its long list of features.
How Booking Ninjas does it better
Applications like Yardi set the path for newer and modernized PMS to follow. Booking Ninjas is an all-in-one cloud-based property system that provides all of its features and solutions under one singular application.
Each passing year, Booking Ninjas becomes more and more relevant due to its unparalleled access to the most advanced technology on the Property Management System market. Being the first Property Management System officially recognized as an app innovation Salesforce partner, the world’s leading CRM, this Property Management Software is more customizable to your property than any other system.
Hotels, restaurants, student housing, senior living, country clubs, vacation rentals and parking facilities are some of the markets that Booking Ninjas provides services for.
Taking customer service a step further, Booking Ninjas has an appointment setting feature that allows you to speak with a member of the team in order to further discuss the peculiarity of your properties and choose the specific features you’re looking for.
In addition, it’s much easier to navigate especially for less tech savvy individuals. You don’t have to do anything. All you have to do is get on a call and Booking Ninjas is ready to take everything on from implementation to the final launch.
Some of the things you can do with this PMS include: Creating and updating your website with little to no tech experience, automate payments, registration, check in, automated emails and newsletters , booking engine, account management, finances management, POS integration and more!
There are hundreds of commercial property management software systems in the world. So why choose Booking Ninjas? Our clients come to us from all over the globe because we are able to integrate more apps and other 3rd party services into your PMS than any other software due to our close partnership with Salesforce. This strengthens the power and capabilities of our PMS which is better than starting from scratch on a PMS that doesn’t have the same implementation ability. So simply put, our biggest strength is our unparalleled access to the best technology on the software market.
What are the best property management softwares
Luckily, there are a ton of PMS available for you to choose from. Amongst the plenty, here are some of the best property management softwares for you:
Mews: Mews is a hospitality system built to simplify and automate all operations for modern hoteliers and their guests. From the booking engine to check-out, from front desk to revenue management, every process is easier, faster and more connected.
Oracle Opera PMS: is one of the most patronized PMS in the hospitality industry. It offers hotel property management and POS solutions. Secure by design, Oracle Cloud gives users peace of mind and confidence that their data is safe.
Protel PMS: A hotel property management system (PMS) is a set of solutions that hoteliers use to manage their day-to-day hotel operations activities such as reservations, front desk, housekeeping, maintenance, billing and invoicing, analytics and reporting.
Booking Ninjas: From being cloud-based and being the only PMS integrated with the number one CRM globally - Salesforce, to being a hundred percent transparent and providing a support system that makes it our number 1 priority to leave our clients satisfied, Booking Ninjas is the way to go
Yardi: Industry veteran, Yardi is a robust application that comprises multiple companies and affiliates that when combined together provide an endless list of features that would be needed for managers in real estate.
AppFolio: Manage your entire residential portfolio on one intuitive platform. With AppFolio your team can do anything from anywhere in a fully digital environment. Streamlined processes and smart automation free your team to focus on your communities and deliver an outstanding resident experience.
Yardi is an incredible PMS with a plethora of features to offer. Though it might be difficult to navigate which services you want and what subset of Yardi you need, once you figure it out, it’s easy to use. Mostly for hotels and other properties in the hospitality niche, Yardi might not be the go to application. For that reason, we’ve listed some alternative PMS that offer hotel management services as well as other property management.
To understand better the advantages of trying out a PMS for your property management, check out the advantages of investing in a PMS today.