Head-to-head · Property Accounting Software
Property Matrix vs 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 |
|
|
| Cons |
|
|
| 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 → |
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
- Property Matrix8.9/10 · Paid
A broad property accounting platform for growing portfolios, starting at $150 per month.
Try Property MatrixFull verdict → - Reapit PM8.5/10 · Pricing on request
A mature property management suite for agencies that need trust accounting and compliance workflows.
Visit Reapit PMFull verdict →
More comparisons
- RealPage Accounting & Financial Suite vs Property Matrix
- RealPage Accounting & Financial Suite vs Reapit PM
- MRI Real Estate Financial Software vs Property Matrix
- MRI Real Estate Financial Software vs Reapit PM
- Yardi Voyager vs Property Matrix
- Yardi Voyager vs Reapit PM
- Property Matrix vs Rent Manager
- Property Matrix vs AppFolio Property Manager
All property accounting software comparisons → · Full ranking →
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Last updated · How we research and update






