Visual Lease vs. Yardi Voyager

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Visual Lease
Score 8.3 out of 10
N/A
Visual Lease is a Lease Management Software that provides robust lease accounting functionality with a depth of lease administration functionality to properly manage a company's lease portfolio.N/A
Yardi Voyager
Score 7.5 out of 10
N/A
Yardi Voyager provides residential and commercial property management software. Capabilities include integrated accounting, lease renewal workflow, and modules for multi-family, senior, and affordable housing, as well as retail, office and industrial units. The company was founded in 1984 and has 4,000 employees and 35 offices around the world.N/A
Pricing
Visual LeaseYardi Voyager
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Visual LeaseYardi Voyager
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Best Alternatives
Visual LeaseYardi Voyager
Small Businesses
Yardi Voyager
Yardi Voyager
Score 7.5 out of 10
Dotloop
Dotloop
Score 9.1 out of 10
Medium-sized Companies
Yardi Voyager
Yardi Voyager
Score 7.5 out of 10
Condo Control
Condo Control
Score 9.0 out of 10
Enterprises
Lucernex
Lucernex
Score 7.9 out of 10
Lucernex
Lucernex
Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Visual LeaseYardi Voyager
Likelihood to Recommend
8.3
(3 ratings)
8.5
(17 ratings)
Likelihood to Renew
-
(0 ratings)
9.0
(1 ratings)
Usability
7.3
(3 ratings)
7.3
(4 ratings)
Support Rating
6.6
(3 ratings)
7.5
(7 ratings)
Implementation Rating
-
(0 ratings)
8.0
(2 ratings)
User Testimonials
Visual LeaseYardi Voyager
Likelihood to Recommend
Visual Lease
Visual Lease is well suited for companies that are trying to manage their leases in a more automated way other then spreadsheet. A company that needs visibility around their leases and wants to stay in compliance with the ever changing world of accounting. A company that wants a software that can integrate with their ERP and make routine monthly accounting entries.
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Yardi
Yardi Voyager is well suited for any management company in the multifamily or commercial space and is a worthwhile competitor to other options in the space - MRI Software, Realpage, Resite, etc. For those med-large enterprises that value an intuitive and straightforward accounting and leasing system, and also work with other vendors that need to integrate with their ERP system, this is a great option. There is a large ramp-up time, requiring many company resources, and licensing is quite expensive, so this solution may not be for those companies with a small budget or personnel resources.
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Pros
Visual Lease
  • Generates abstract reports
  • Allows us to include lessor's leases
  • Fairly user friendly
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Yardi
  • Yardi Property Management particularly excels at creating a system where it is easy to leave feedback for property managers because the data is available up front.
  • Yardi is also a useful tool at integrating property management across the entire platform. It can be used for asset management as well even for the most nitty gritty details.
  • It is also convenient to edit expenses inputted by the accounting department and managing those expenses forward for future budgeting.
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Cons
Visual Lease
  • So far, this has worked out extremely well for our governmental environment.
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Yardi
  • In my experience there's a fairly steep learning curve for a new user to be able to navigate the system
  • While there's diverse functionality, many items seem buried in menus or obscure places, particularly the first time you're trying to find them
  • Getting used to the refresh functionality in some parts of the system can be challenging if you're used to a system that automatically updates when new filters are applied
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Likelihood to Renew
Visual Lease
No answers on this topic
Yardi
We have invested 5 years of setup, implementation and training on Voyager. It's doing a very good job for us and I feel we've only scratched the surface of its capabilities. Yardi support has been very responsive with very little down time. The training materials are great from Client Central
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Usability
Visual Lease
Visual Lease has been really helpful to our company and we haven't had any issues
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Yardi
I'm coming from the perspective of a fairly tech-adept person, so I didn't find the system too hard to learn. That said, I do feel some of the buried menus and the system's own internal search feature could use some improvement, but I have that feeling about the vast majority of CRMs I've ever used. There may be a little bit of a struggle to onboard/train up someone who isn't used to this sort of system, but once up and going it should be smooth sailing.
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Support Rating
Visual Lease
Visual Lease support was not too impressive to me because when I reached out to ask about the XXX codes in the journal entries, they did not seem concerned. They just said they were default accounts, but I did not know what I was supposed to do with them since we did not have these accounts. Also, when I asked about API integration, I could not get a good response on how to get Visual Lease to be connected with Intacct.
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Yardi
The local office is very knowledgeable, however recently it seems that Yardi has begun to route calls offshore and the knowledge base there does not seem to be as strong as the USA based support centers. All customizations are done by offshore personnel, which presents issues in terms of the language barrier and time zone differences.
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Implementation Rating
Visual Lease
No answers on this topic
Yardi
If you are converting from another system, grouping your properties by subsidy type seemed to help us. We were able to focus on a half dozen properties at a time, rather than the entire portfolio.
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Alternatives Considered
Visual Lease
We also evaluated Lease Accelerator and Lease Query. We didn't go with Lease Accelerator because it didn't have lessor leases. We did not go with Lease Query because they did not have abstract reports.
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Yardi
Onesite was broken, a lot. Yardi Voyager has been a much more stable platform. We have been operational for 3 years now and I cannot say that we have had any software downtime in 3 Years. But with Onesite, it was common to be down at least once a month for something that was not working correctly.
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Return on Investment
Visual Lease
  • This has been extremely important in compiling all of the many leases that we have going on throughout different years and timelines.
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Yardi
  • We initially moved to Yardi from paper ledgers. This had a tremendous time-saving effect.
  • Product was confusing and required training for some of our older staff members.
  • Clients that used the product were initially hesitant to pay for the added cost, but with time were able to see the benefit to their software.
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ScreenShots