Cloud vs. Desktop Software: Future in the Clouds

Gone are the days when property managers would monitor their properties manually. Now, #PropTech (property technology) like property management software is available to make tracking leases and maintenance requirements, collecting rent, and managing finances easier and more convenient.
But when it comes to property management software, there are two categories you need to take note of — cloud-based property management software and desktop-based property management software.
In this article, you’ll discover what each of these categories is, how they differ, and which one is best for your situation.
What Is Cloud-based Property Management Software?
Cloud-based property management software, also known as online property software is accessible over the internet. This means that all your data will be housed securely off-site and you can access it at any time and from anywhere.
Since all your information is stored safely in a centralized platform, there’s no need to install any additional software. All you need to do is log into the program online through your web browser, mobile device, or tablet, and you can get your hands on all your important data.
What Is Desktop-based Property Management Software?
On the other hand, desktop-based property management software runs a program on your desktop or computer. Unlike cloud-based software that you can access on different devices over the internet, desktop software is limited to the device the app or program was installed on.
Because of this, there are a few limitations to this type of software. Besides its permanent residence in specific hardware, it also requires a specialized IT team to maintain, implement, and upgrade regularly. As such, the only time and place for you to gain access to manage your property and keep track of all the changes is when you’re at the office.
