When it comes to property management software, there are a few big names that rise to the top. Yardi and Sage 50 are two of the most popular programs on the market, and for good reason. Both offer a wide range of features and functionality that make them ideal for managing any type of property. But how do you know which one is right for you?

Features

Yardi and Sage 50 both offer a wide range of features that make them ideal for managing any type of property. Here are some of the most notable features of each program:

Yardi

• Accounts receivable and payable
• Billing and invoicing
• Budgeting and forecasting
• Lease management
• Maintenance and work order management
• Online payments
• Owner statements
• Property management reports
• Tenant screening

Sage 50

• Accounts receivable and payable
• Billing and invoicing
• Budgeting and forecasting
• Inventory management
• Maintenance and work order management
• Online payments
• Owner statements
• Property management reports
• Tenant screening

Ease of Use

Both Yardi and Sage 50 are highly intuitive and easy to use. However, Yardi does have a bit of a learning curve, especially if you're not familiar with property management software. Sage 50, on the other hand, is very user-friendly and easy to navigate. If you're looking for a program that you can start using right away, Sage 50 is the way to go.

Pricing

Yardi and Sage 50 both offer a wide range of features and functionality, but they do come at a price. Yardi is a subscription-based software, which means you'll pay a monthly fee for as long as you use the program. Sage 50, on the other hand, is a one-time purchase, which means you'll pay a lump sum for the software and own it outright. Which pricing model is right for you will ultimately come down to personal preference.

The Bottom Line

Both Yardi and Sage 50 are great property management software programs. However, there are some key differences between the two that you should take into consideration before making your final decision. Yardi is a subscription-based software, which means you'll pay a monthly fee for as long as you use the program. Sage 50, on the other hand, is a one-time purchase, which means you'll pay a lump sum for the software and own it outright. Yardi is also a bit more difficult to use, especially if you're not familiar with property management software. Sage 50, on the other hand, is very user-friendly and easy to navigate. If you're looking for a program that you can start using right away, Sage 50 is the way to go. However, if you're willing to put in the time to learn a more complex program, Yardi is a great option. Ultimately, the decision of which software to choose comes down to personal preference.