After real-world testing and review, our editorial team compared property management software Appfolio Property Manager with accounting solution QuickBooks Online. Both are cloud-hosted solutions but they serve very different market segments.
For dedicated property management, AppFolio Property Manager, offers a modern user interface and strong universal search input. It specifically caters to the needs of property management companies with at least 50 units, providing them robust functionalities including AI leasing tools and workflow management features.
However, it lacks a wide range of integrations and doesn’t offer API access. And a notable limitation: AppFolio demands a 50-unit minimum, excluding smaller property management businesses from its capabilities.
QuickBooks Online is a versatile option which is suited for a vast range of businesses, big and small. Accountants use it for its customizable invoicing, vast array of integrations, and reporting tools. Our team appreciated the intuitive user interface, scope for scalability, and automatic exchange rates for international business.
Some drawbacks include comparatively high subscription costs, limited industry-specific features, and the need for some accounting knowledge to operate effectively. QuickBooks Online also stands out due to its limit of only 25 concurrent users.
AppFolio and QuickBooks Online serve different market segments.
If your company handles properties with over 50 units, then AppFolio Property Manager could be a the property management software to do it. Despite the limited integrations, it’s perfectly tailored to tackle sector-specific management tasks.
For most businesses, QuickBooks Online is adaptable to various company sizes across different industriess. The extensive features, scalability, and integrative possibilities enhance its accounting appeal.
Be sure to also check our lists of the best ERP solutions on the market and top property managemnet solutions. There you can explore other options to make a confident decision about the right software for your business.