Shlomi Lavi /
Aug 23, 2022
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Bottom Line: Which is Better - FreshBooks or Yodlee MoneyCenter?
Yodlee MoneyCenter is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than Yodlee MoneyCenter (90/100). FreshBooks offers users more features (12) than Yodlee MoneyCenter (5). There is a clear winner in this case and it is FreshBooks!
Looking for the right Core Accounting solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
FRESHBOOKS Vs. Yodlee
FRESHBOOKS: FreshBooks is the #1 cloud accounting specialist for small business owners.If you are a service-based business, FreshBooks is designed for you. If you are a lawyer, a marketing agency, a plumber, an interior decorator, an IT professional, a therapist, an architect, a web professional – if you create value for your customers by applying your time an...
Yodlee: Yodlee created the industry’s most scalable and robust personal finance data platform for powering innovation in financial services. Used by over 600 leading financial institutions and companies and more than 40 million consumers, Yodlee’s best-in class solutions remove the friction from financial management, delivering a more insightful, interacti...
Who is more expensive? FreshBooks or Yodlee MoneyCenter?
The real total cost of ownership (TCO) of Core Accounting software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for FreshBooks and Yodlee MoneyCenter.
FreshBooks price starts at $6 per month , On a scale between 1 to 10 FreshBooks is rated 2, which is much lower than the average cost of Core Accounting software. Yodlee MoneyCenter price starts at $350 per month , When comparing Yodlee MoneyCenter to its competitors, the software is rated 6 - similar to the average Core Accounting software cost.
Bottom line: Yodlee MoneyCenter is more expensive than FreshBooks.
Which software includes more/better features?
We've compared FreshBooks Vs. Yodlee MoneyCenter based on some of the most important and required Core Accounting features.
FreshBooks: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Mobile Access, Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Depreciation.
Yodlee MoneyCenter: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Tax compliance.
Target customer size
From day one, FreshBooks was intended for Freelancers and small businesses who just do not want to waste their time using Excel or Microsoft Word when invoicing their client. Customers of the software include small and medium businesses and well as large enterprises.