Having the right real estate accounting software can be a game-changer in improving efficiency and productivity within a company. At Prager Metis, we’ve chosen Entrata over Yardi as our real estate accounting software. Although both solutions are among the industry’s top contenders with similar capabilities, Entrata stands out with its superior customer support backed by an attentive provider.
1. Accounting and Financial Management
As one of the leading real estate industry solutions, Entrata offers superior capabilities that make it a thorough financial reporting tool. Entrata automates accounts payable and receivable while providing detailed financial analytics. Entrata’s data is accurate and reliable when it comes to finances, operations, and facility management.
2. Streamlined Property Management
Entrata supports comprehensive property management features such as facility management, billing management, revenue management, and lease workflows. Entrata offers all of this in a cloud-based solution that ensures seamless access for clients.
With Entrata, you can manage multiple facilities, as Entrata provides all of the accounting firm solutions needed to manage a real estate portfolio.
3. User Experience and Efficiency
Entrata offers a helpful onboarding interface that’s easy to use. The interface simplifies setting up essential systems such as leasing, accounting, and maintenance. The application takes a client-focused approach, with many features customizable to the user’s liking.
Coupled with the step-by-step guidance, you can save time and effort with the smooth onboarding process. The technical department also offers responsive support to anyone who needs it.
Entrata: A Comprehensive Solution for Client Accounting
Key Features of Entrata
Entrata provides an integrated general ledger that supports robust accounting tasks. It also supports several integrations with other systems. This improves the functionality and efficiency of Entrata as an accounting technology.
Why Prager Metis Chose Entrata
1. Streamlining Clients’ Accounting Processes
At Prager Metis, we chose Entrata over Yardi due to its ability to improve the process of handling complex client requirements. This reduces the possibility of errors when we’re handling clients’ data.
With Entrata, a user is more productive and efficient in their work as they can manage multiple clients with multiple properties, all from one platform. Entrata achieves this by automating routine tasks and processes. The wide range of functions supported by Entrata ensures that users don’t need multiple applications to manage clients’ real estate portfolios.
2. Enhanced Data Accuracy and Reporting
Through automation, Entrata manages your data in a way that keeps it organized and easy to find, improving your reporting capabilities. Due to its advanced data management capabilities, Entrata offers enhanced data that’s both accurate and reliable.
With Entrata, a user can generate different types of reports that are customized to the client’s preferences. It also has well-built interfaces that enable better visibility and reporting capabilities than Yardi. Software customization is also easy with Entrata, providing each client with unique features that match their portfolio.
3. Scalability and Future-Proofing
Entrata is highly scalable as it allows you to manage multiple properties and add more as the client’s portfolio grows. Because we handle a diverse real estate clientele at Prager Metis, Entrata suits our needs the best.
Entrata also offers superior customer support with knowledgeable staff who are able to assist in case of a challenge. They offer personalized service to help resolve any challenge a client may have.
4. High Customer Rating
Entrata has a 4.5 rating on Capterra and Software Advice, a testament to its strength as a property management system. Many customers consider it essential in engaging prospects and residents. They also describe it as the best software to build communities.
Conclusion
Entrata possesses several built-in capabilities that make it a better real estate finance tool than Yardi. For our purposes, it works much better than Yardi in terms of finance management, facility management, and operations.
At Prager Metis, we’re committed to providing effective client accounting services for the real estate industry, and choosing Entrata as our real estate accounting software has been the best decision for the team’s productivity. If you’re looking for cost-effective accounting services, reach out to us today.
