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Head-to-head · Property Accounting Software

Property Matrix vs Reapit PM

  • Updated Oct 2026
  • Both researched from official sources
  • 4 checks side by side
Higher score Property Matrix #4 in Property Accounting Software 8.9/10 Paid ✓ 3 of 3 features Try Property Matrix
Reapit PM #8 in Property Accounting Software 8.5/10 Pricing on request ✓ 3 of 3 features Visit Reapit PM

Property Matrix leads on 0 checks, Reapit PM on 0, and 4 are even. Who comes out ahead on the 4 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.

Our verdict

  • Highest scoreProperty Matrix · 8.9/10

Property Matrix scores higher on our rubric for property accounting software: 8.9 against 8.5 out of 10; our editors rank them #4 and #8.

Property Matrix is the better fit for growing portfolios needing owner accounting. Reapit PM is the better fit for managers needing trust accounting and compliance workflows.

  • Property Matrix fits best

    Growing portfolios needing owner accounting

  • Reapit PM fits best

    Managers needing trust accounting and compliance workflows

Advertiser disclosure: iTechGuides is reader-supported. Vendors can pay for top positions in our rankings and for a place on other products' pages, and we may earn a commission when you click some links. Bought places stand at the number bought; this page and our disclosure say so. Paying vendors may get a fuller, more detailed review from our editors, and that review can change their score. How we rank.

Side by side

Feature Property Matrix 8.9/10 Visit ↗ Reapit PM 8.5/10 Visit ↗
At a glance
Editor score 8.9 8.5
Ranking #4 in Property Accounting Software #8 in Property Accounting Software
Best for Growing portfolios needing owner accounting Managers needing trust accounting and compliance workflows
Pricing model Paid Paid
Starting price $150/mo —
Free plan — —
Free trial — —
Deployment Cloud Cloud, Mobile
Platforms Web Web
Support Email, Phone, Docs Email, Live chat, Phone
Built for Small business, Mid-market, Enterprise Small business, Mid-market, Enterprise
Features Property Matrix 3/3 · Reapit PM 3/3
Owner statements ✓ ✓
Bank reconciliation ✓ ✓
Tenant charges ✓ ✓
Specs
Property limit Not checked yet Not checked yet
Portfolio reporting Both Both
Accounting basis Both Not checked yet
Our review
Pros
  • Combines general ledger, owner accounting, and bank reconciliation
  • Includes tenant portals, online payments, and recurring tenant charges
  • Offers reporting, document tools, and a GraphQL API with OAuth2
  • Trust accounting includes receipting, payments, disbursements, and reconciliation
  • Automates arrears, renewals, inspections, maintenance, and compliance workflows
  • Combines owner, tenant, portfolio reporting, inspections, and communications
Cons
  • Starter is limited to core capabilities for simpler portfolios
  • Feature packs are restricted to three on Standard and five on Pro
  • The $150-per-month entry price may challenge smaller operators
  • Pricing is quote-based with minimum spend and additional property charges
  • Broader integration coverage is limited
  • Enterprise features such as custom integrations require the Enterprise plan
Our verdict

Property Matrix is cloud-based property management software for residential, commercial, and mixed portfolios. It brings property, unit, tenant, lease, owner, and vendor records into one system, alongside general ledger accounting,…

Read the review →

Reapit PM is cloud-based property management software for Australian and New Zealand real estate agencies. Formerly Console Cloud, it combines residential, commercial, social housing, and mixed-use property workflows with trust accounting,…

Read the review →
  1. Property MatrixProperty Accounting Software 8.9Paid
  2. Reapit PMProperty Accounting Software 8.5Pricing on request

Strengths and trade-offs

  • Property Matrix — where it wins

    • Combines general ledger, owner accounting, and bank reconciliation
    • Includes tenant portals, online payments, and recurring tenant charges
    • Offers reporting, document tools, and a GraphQL API with OAuth2

    Where it doesn't

    • Starter is limited to core capabilities for simpler portfolios
    • Feature packs are restricted to three on Standard and five on Pro
    • The $150-per-month entry price may challenge smaller operators
  • Reapit PM — where it wins

    • Trust accounting includes receipting, payments, disbursements, and reconciliation
    • Automates arrears, renewals, inspections, maintenance, and compliance workflows
    • Combines owner, tenant, portfolio reporting, inspections, and communications

    Where it doesn't

    • Pricing is quote-based with minimum spend and additional property charges
    • Broader integration coverage is limited
    • Enterprise features such as custom integrations require the Enterprise plan

More comparisons

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

Last updated · How we research and update