RMS Cloud vs ARGUS Enterprise

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Our analysts compared RMS Cloud 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.

RMS Cloud Software Tool
ARGUS Enterprise Software Tool

Product Basics

RMS is a cloud-based property and reservation management system that provides flexible and scalable offerings to the hospitality industry. It is designed for users to manage real time online bookings from across the world and is accessible from any device. It is fully integrated with the global distribution, allowing multi-properties to distribute inventory in multiple sites.

It provides direct connections to OTAs, facilitating commission-free booking while maximizing revenue.
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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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$55 Monthly
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Product Insights

  • Streamline Operations: Consolidate portfolio data into a centralized, cloud-based platform. Access information from anywhere, market inventory across channels and track operations from a unified dashboard. 
  • Fill Vacancies Faster: Improve portfolio visibility by marketing units on multiple OTAs, ILS and GDS and manage every listing with a few clicks. Connects with more than 100 popular listing channels and offers a reservation engine to take direct bookings. 
  • Contactless Guest Experience: Guests can manage every aspect of their reservation and sign declaration forms to meet government compliance through individual portals. Integrate with third-party software for smart locks, key exchange systems, visitor management modules and more. 
  • Improve Business Decisions: Managers can make data-driven decisions using an interactive dashboard to track personalized metrics. Offers customizable dashboard templates for operations, finances and marketing. 
  • Save Resources: Reduce time spent on routine tasks like calendar syncing, transaction recording, invoicing, price fluctuation and more using automation. Avoid costs for third-party bookings using a native booking engine. 
  • Ensure Accountability: Offer team members individual portals and manage access levels based on user roles. Record every tracked change to promote accountability. Serves as a central repository of business interactions with guests and staff for quick year-end audits. 
  • Custom Integrations: Use an open API to connect with business-specific software and create well-connected stacks. Offers an integration marketplace for adding external partnered software. 
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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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  • Dashboards: Manage in-house and backend operations with flexible dashboards and customizable widgets. Create and extract customized reports using a responsive report writer while boosting business intelligence with a 3D report engine. 
  • Guest Rewards: Offer guests customized loyalty programs like redeeming points for future visits. Guests can accumulate points for every visit and redeem them as discounts. 
    • SMS Marketing: Send targeted messages, special offers, booking confirmations, upcoming events and more. 
    • Electronic Direct Mail (EDM): Target specific audiences with relevant information by analyzing guest databases. 
  • Guest Experience: Access multiple benefits with unique module types and keep the customers engaged. 
    • Triggered Correspondence Tool: Communicate with customers by sending automated messages during and after stays to boost engagement, enhance marketing and operations. 
    • Targeted EDM: Create user-friendly email templates or professional campaigns using drag-and-drop elements like images, buttons, texts and links. 
    • Guest Portal: Book, track, manage bookings, check-in, check-out and make secure payments. 
  • Rate Manager: Avail flexible rate packages, discounts and seasonal tariffs for customers to book online. Use tools and marketing modules to promote rates, engaging a wider audience. 
  • Dynamic Pricing Engine: Fix and adjust rates based on the current market’s supply and demand. Automatically update rates according to the number of occupancies and distribute across websites, front-office, the GDS and third-party travel agents in real time. 
  • Book Now: Make reservations with a customized booking process. Upload, maintain rates and availability of rooms. Block selected rooms after booking confirmation. 
  • Point of Sale System (POS): Gain complete control over inventory, real-time reports, reporting, costing and reservations from a central system in the cloud. 
  • Owner Portal: Access complete information on the unit’s availability, track ongoing and upcoming bookings, print end of the month billing statements and make reservations from a centralized system. 
  • Staff Portal: Check staff productivity in real time. Set a timer for each task and track how long it takes to complete. Mark the status complete and send updates to the system. 
  • Trust Accounting: Manage and maintain funds like transactions and expenses between property managers and owners. Access complete owner details and transaction reports using the booking chart. 
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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

#69

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#73

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Property Management Software

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User Sentiment Summary

Great User Sentiment 351 reviews
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88%
of users recommend this product

RMS Cloud has a 'great' User Satisfaction Rating of 88% when considering 351 user reviews from 2 recognized software review sites.

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4.5 (2)
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4.4 (349)
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Synopsis of User Ratings and Reviews

User Friendly: RMS Cloud offers an easy-to-use interface, according to 74% of reviews on ease of use.
All-in-One Property Management: It consolidates every major workflow of a property management business in a unified platform, according to 81% of reviews on this aspect.
Financial Reporting: Every user that mentioned reporting said the system provides a comparatively more robust module than its competitors.
Support: 77% of users reviewing the support suite said the vendor offers quick and helpful responses to queries.
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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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Knowledge: There’s a lack of training material and support guides for self-guided issue resolutions, according to 62% of reviews on the knowledge base.
Customizations: 70% of reviews on this aspect mentioned that it’s tough to customize the platform without in-depth technical expertise.
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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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RMS Cloud is an end-to-end platform that specializes in property management in the hospitality industry. According to reviews, it has an easy-to-use UI and helps streamline marketing, booking, payment, communication and accounting workflows from a unified platform. The vendor is also known for providing quick and helpful support. However, the solution only offers phone support. It has a limited knowledge base of training materials, and platform configurations require technical expertise. In conclusion, RMS Cloud can be less efficient for not-so-tech-savvy single landlords but is ideal for growing hotel and property management businesses and enterprises.

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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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