Re-Leased vs ARGUS Enterprise

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Our analysts compared Re-Leased vs ARGUS Enterprise based on data from our 400+ point analysis of Property Management Software, user reviews and our own crowdsourced data from our free software selection platform.

ARGUS Enterprise Software Tool

Product Basics

Re-Leased is a cloud-based solution that centralizes accounting, leasing, maintenance and management workflows. It’s mobile-optimized and accessible via any device. Managers can consolidate accounting and leasing data in a unified place for analysis and reduce the administrative burden with unique automation capabilities.

It provides a business analytics module, a mobile app and external integrations for optimization. Businesses can onboard unlimited properties and team members and streamline processes with collaboration features.
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ARGUS Enterprise is a software solution designed to assist property managers in efficiently managing their properties. It caters to a wide range of tasks, including rent collection, maintenance scheduling, and tenant communication. The software is particularly well-suited for property managers who require a comprehensive solution to streamline their property management operations.

ARGUS Enterprise offers several key benefits, such as time and cost savings, ease of use, and scalability. Its high degree of customizability allows property managers to tailor the software to their specific needs. Some of its popular features include portfolio management, cash flow analysis, budgeting, lease management, and property management functionalities.

Pricing for ARGUS Enterprise is typically based on a per-unit basis, with additional fees for optional features. Payment is usually made on a monthly or annual basis. Compared to similar products, ARGUS Enterprise is often praised for its comprehensive features and customizability, although some users may find its pricing to be on the higher end of the spectrum.

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Product Insights

  • Time Efficiency: Automate routine tasks such as rent collection and lease renewals, freeing up valuable time for strategic decision-making.
  • Centralized Data: Store all property-related information in one place, ensuring easy access and reducing the risk of data loss.
  • Enhanced Communication: Streamline communication with tenants and stakeholders through integrated messaging and notification systems.
  • Financial Accuracy: Improve financial management with automated invoicing, expense tracking, and real-time financial reporting.
  • Compliance Management: Stay compliant with local regulations by automating compliance tasks and maintaining up-to-date records.
  • Scalability: Easily scale your property management operations as your portfolio grows without a proportional increase in workload.
  • Tenant Satisfaction: Enhance tenant experience with a user-friendly portal for maintenance requests, payments, and communication.
  • Risk Mitigation: Reduce risks associated with manual errors and missed deadlines through automated reminders and alerts.
  • Customizable Reporting: Generate tailored reports to gain insights into property performance and make data-driven decisions.
  • Remote Accessibility: Access the platform from anywhere, allowing for flexible management and quick responses to issues.
  • Cost Savings: Lower operational costs by reducing the need for manual labor and minimizing errors that could lead to financial losses.
  • Improved Collaboration: Facilitate better teamwork with shared access to property data and collaborative tools for property managers and staff.
  • Maintenance Efficiency: Streamline maintenance workflows with automated scheduling, tracking, and vendor management.
  • Data Security: Protect sensitive information with robust security measures, ensuring data integrity and confidentiality.
  • Tenant Retention: Increase tenant retention rates by providing a seamless and responsive property management experience.
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  • Enhanced Decision Making: ARGUS Enterprise equips real estate professionals with comprehensive analytics and forecasting tools, enabling more informed investment and development decisions.
  • Risk Mitigation: By providing detailed scenario analysis and stress testing, the software helps identify potential risks before they become problematic, safeguarding investments.
  • Streamlined Workflow: Automates and centralizes data management tasks, reducing manual errors and saving time on property and portfolio management.
  • Improved Collaboration: Facilitates better teamwork by allowing multiple users to access and work on the same project simultaneously, ensuring consistency and efficiency.
  • Comprehensive Reporting: Generates detailed reports on property performance, financial projections, and market analysis, making it easier to present data to stakeholders and make strategic decisions.
  • Market Insights: Offers access to critical market data and trends, helping users stay ahead of the curve and make proactive adjustments to their strategies.
  • Regulatory Compliance: Helps ensure compliance with various financial and real estate regulations, reducing the risk of legal issues and penalties.
  • Scalability: Adapts to the needs of any size portfolio, from a single property to a global portfolio, ensuring the software grows with your business.
  • Increased Transparency: Provides a clear overview of property and portfolio metrics, enhancing transparency with investors and stakeholders.
  • Asset Optimization: Identifies opportunities for value enhancement and operational improvements across portfolios, maximizing returns on investment.
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  • Business Analytics: Centralize data from every disparate source for a data-driven business model: 
    •  Access real-time data for each property, tenant and region to drill down on KPIs such as arrears, yields, lease lengths and more. 
    •  Leverage unique templates to design custom reports with personalized metrics and export them in a PDF format for board meetings and presentations. 
    •  Use predetermined intelligence metrics or create custom ones to tailor dashboards. 
  • Task Management: Automate repetitive tasks, save time and promote efficiency throughout the work chain. 
    •  Use the interactive calendar to stay on top of every event and business process. Receive reminders and notifications for upcoming renewals, collections, meetings and more. 
    •  Drag and drop events on the calendar to schedule activities. Assign tasks to managers and let them track daily work progress from the dashboard. 
    •  Automate rent collection, invoice sending and transaction recording to reduce administrative legwork. Prepare budgets and arrears using predetermined templates with a single click. 
  • Accounting: Choose between trust or client accounting and automate transaction matching and reconciliations. Maintain separate ledgers for every unit while automating invoice generation and bills payable. Integration with Xero and QuickBooks offers in-depth cloud accounting. 
  • Property Management: Schedule property inspections, notify concerned parties and update and block their calendars automatically. View maintenance history, log issues and assign vendors for tasks during inspections. 
  • Mobile App: Allows tenants to submit maintenance requests, store leases and check inspection dates. Owners can check property statuses, assign tasks to managers and store documents. Enables managers to view arrears, property information, upcoming projects and maintenance work progress. Provides a holistic view of business operations and facilitates remote workflows. 
  • Integrations: Offers multiple integrations for streamlining accounting and property management workflows, including Fixflo, Inspection Express, Office365, Google Calendar and more. 
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  • Cash Flow Analysis: Enables intricate cash flow forecasts by modeling changes in expenses, revenues, and capital expenditures on a lease-by-lease basis.
  • Valuation Methods: Facilitates the application of multiple valuation methods, including Discounted Cash Flow (DCF), Trad Val, and other global techniques.
  • Portfolio Management: Provides portfolio level dashboards offering insights and a comprehensive view of risks and returns.
  • Reporting: Offers flexible reporting features with customizable parameters, timing, and detail levels, along with various report templates and multi-currency rates.
  • Budgeting and Forecasting: Supports the creation of accurate budgets, diverse Charts of Accounts (COAs), and the ability to handle different forecasts and import historical management data.
  • Asset Management: Allows users to manage financial transactions, reports, fees, leases, tenants, and rents across their entire portfolio.
  • Data Import: Streamlines workflows with features like importing property data from Coastal Vector List (CVL) files.
  • Customization: Provides tools for customizing role-based views, drilling down and directly editing inputs, and performing quick views on tenant categories.
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Product Ranking

#62

among all
Property Management Software

#73

among all
Property Management Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Accounting & Financial Management Business Operations Dashboards And Reporting Leasing Maintenance Marketing Platform Capabilities 76 84 69 65 83 17 83 0 25 50 75 100
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User Sentiment Summary

Excellent User Sentiment 187 reviews
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91%
of users recommend this product

Re-Leased has a 'excellent' User Satisfaction Rating of 91% when considering 187 user reviews from 3 recognized software review sites.

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Awards

Re-Leased stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

No awards.

Synopsis of User Ratings and Reviews

Streamlined Tenant and Lease Management: Users praise Re-Leased for simplifying complex lease management tasks, allowing efficient tracking of lease terms, rent payments, and tenant communications.
Improved Financial Visibility: The platform's robust reporting features provide a clear overview of financial performance, enabling better decision-making and financial planning.
Enhanced Communication and Collaboration: Re-Leased facilitates seamless communication between property managers, tenants, and owners, fostering transparency and collaboration.
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Streamlined Tenant Application Process: ARGUS automates the tenant application process, including credit and background checks, which saves time and reduces the risk of errors.
Efficient Rent Collection: The platform offers online rent payment options, making it convenient for tenants and ensuring timely rent collection for property managers.
Comprehensive Financial Reporting: ARGUS provides detailed financial reports, including income and expense statements, balance sheets, and cash flow statements, which help property managers track their financial performance and make informed decisions.
Improved Communication: The platform facilitates communication between property managers and tenants through a centralized portal, which helps to resolve issues quickly and efficiently.
Enhanced Maintenance Management: ARGUS streamlines the maintenance process by allowing tenants to submit maintenance requests online and tracking the progress of repairs.
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Reporting Limitations: Users express frustration with the limited reporting functionality, particularly the inability to customize reports to meet specific needs. This makes it difficult to extract meaningful insights from the data.
Steep Learning Curve: The software's interface is not considered intuitive by many users, leading to a longer onboarding process and difficulty in fully utilizing its features. This is especially challenging for teams with varying levels of technical expertise.
Lack of Integrations: Re-Leased lacks seamless integration with other commonly used property management tools, requiring manual data entry and creating inefficiencies in workflow.
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Limited Functionality: Some users find that ARGUS Enterprise lacks certain features commonly found in other property management software, such as online rent payments or tenant portals. The software's primary focus is on financial modeling and valuation, which may leave property managers wanting more in terms of day-to-day operational tools.
Steep Learning Curve: Due to its complex interface and advanced features, ARGUS Enterprise can be challenging to learn and master, especially for users without a background in finance or real estate investment analysis. This can lead to a longer onboarding process and potentially higher training costs for property management teams.
Cost: ARGUS Enterprise is a premium software solution with a correspondingly high price tag. Smaller property management companies or those with tighter budgets may find the cost prohibitive, especially when considering the additional expenses associated with training and implementation.
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Are you looking for software that will re-lieve the stress of property management? User reviews from the last year suggest Re-Leased is a popular choice for managing commercial properties, but it's not without its drawbacks. Users praise its ease of use and time-saving features, such as automated rent collection and a calendar dashboard that displays key dates like lease expirations. One user raved about how Re-Leased simplified their workflow, allowing them to focus on strategic decision-making instead of getting bogged down in tedious tasks. However, some users have expressed concerns about the software's pricing, which is based on the number of tenants, and the level of customer support provided. One user felt the price was a bit steep, especially for smaller property management companies, and wished there was a more budget-friendly option. Others desired more responsive and helpful customer support. Despite these criticisms, Re-Leased stands out for its robust integrations with popular accounting software like Xero, allowing for seamless financial management. Its cloud-based nature provides users with the flexibility to access their data from anywhere with an internet connection. Overall, Re-Leased seems best suited for established commercial property management companies who value automation, data-driven insights, and seamless accounting integration. Smaller businesses or those on a tight budget might find the pricing prohibitive and may need to explore alternative options like Buildium, Yardi Breeze, SimplifyEm, or DoorLoop.

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ARGUS Enterprise seems to be a bit of a mixed bag according to user reviews from the past year. While it's praised for its comprehensive functionality, covering everything from property management and accounting to budgeting and valuations, users often find the interface clunky and outdated. This can make navigation and simple tasks more time-consuming than they should be. The learning curve is also quite steep, requiring significant training and support, especially for those new to property management software. On the plus side, ARGUS Enterprise shines with its powerful reporting and analytics capabilities, allowing users to generate detailed insights into property performance and make data-driven decisions. Its integration with other software systems is another strength, streamlining workflows and data sharing. However, some users mention that the integration process can be complex and may require additional IT support. Compared to competitors like Yardi Voyager and RealPage, ARGUS Enterprise is often seen as more feature-rich but less user-friendly. Ultimately, ARGUS Enterprise appears best suited for larger property management companies with dedicated IT resources and a need for advanced reporting and analytics. Smaller firms or those seeking a more intuitive user experience might find other options a better fit.

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