Compare MultiCHAX and Yodlee MoneyCenter - Mar 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - MultiCHAX or Yodlee MoneyCenter?

MultiCHAX is more expensive to implement (TCO) than Yodlee MoneyCenter, and MultiCHAX is rated higher (92/100) than Yodlee MoneyCenter (90/100). Yodlee MoneyCenter offers users more features (5) than MultiCHAX (3).

Looking for the right Accounting & Finance 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:

Chax, Inc. Vs. Yodlee

Chax, Inc.: CHAX®: The most cost-effective check by phone, check by fax, and check by internet system available. Checks by phone, fax, or e-mail software allows you to enter your customer's check information, print the information on a blank check form, and deposit the check to any U.S. bank for deposit the same day. Now, collecting payments by check has ne...

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? MultiCHAX or Yodlee MoneyCenter?

The real total cost of ownership (TCO) of Accounting & Finance 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 MultiCHAX and Yodlee MoneyCenter.

MultiCHAX price starts at $99 per license , On a scale between 1 to 10 MultiCHAX is rated 6, which is similar to the average cost of Accounting & Finance 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 Accounting & Finance software cost.

Bottom line: MultiCHAX cost is around the same cost of Yodlee MoneyCenter.

Which software includes more/better features?

We've compared MultiCHAX Vs. Yodlee MoneyCenter based on some of the most important and required Accounting & Finance features.

MultiCHAX: Data Import/Export, Basic Reports, Online Customer Support.

Yodlee MoneyCenter: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Tax compliance.

Target customer size

Customers of the software mainly include small and medium businesses with backgrounds in various major industries. Customers of the software include small and medium businesses and well as large enterprises.