NetSuite Financials Vs Yodlee MoneyCenter (Jul 2020)
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Shlomi Lavi / Jul 23, 2020
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Bottom Line: Which is Better - NetSuite Financials or Yodlee MoneyCenter?
Yodlee MoneyCenter is more expensive to implement (TCO) than NetSuite Financials, Yodlee MoneyCenter is rated higher (90/100) than NetSuite Financials (89/100). NetSuite Financials offers more features (16) to their users than Yodlee MoneyCenter (5).
Looking for the right Accounting & Finance solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:
How NetSuite compares with Yodlee?
NetSuite: NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more. More than 12,000 high-growth and midsized companies and divisions of large enterprises...
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's more expensive? NetSuite Financials 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 & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for NetSuite Financials and Yodlee MoneyCenter.
NetSuite Financials price starts at $499 per user/month , on a scale between 1 to 10 NetSuite Financials is rated 2, which is much lower than the average cost of Accounting & Finance software. Yodlee MoneyCenter price starts at $350 per month , when comparing Yodlee MoneyCenter to their competitors, the software is rated 6 - similar to the average Accounting & Finance software cost.
Bottom line:Yodlee MoneyCenter is more expensive than NetSuite Financials.
Which software includes more/better features?
As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared NetSuite Financials Vs. Yodlee MoneyCenter based on some of the most important and required Accounting & Finance features. NetSuite Financials: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Audit Trail, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Depreciation, Fixed-Assets, Multi-Currency. Yodlee MoneyCenter: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Tax compliance.
Target customer size
Netsuite Financials is ideal for businesses of all sizes and has catered to the needs of hundreds of companies. Customers of the software include small and medium businesses and well as large enterprises.
Yodlee MoneyCenter
starts at $350 per month
Yodlee MoneyCenter is a cloud-based finance and accounting solution built for small to large companies. It aims to help companies, as well as individuals, manage their finances in one place. Its key features in...
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NetSuite Financials Specifications
| ITQlick Score: | 89/100 |
|---|---|
| ITQlick Rating: | (4.2/5) |
| Pricing: | 2/10 - low cost |
| Category: | Accounting & Finance -> NetSuite Financials |
| Company: | NetSuite |
| Pricing: | starts at $499 per user/month |
| Typical customers: | Small, medium and large size businesses |
| Platforms: | Desktop, Cloud |
| Links: | NetSuite Financials review, NetSuite Financials pricing, NetSuite Financials alternatives |
Yodlee MoneyCenter Specifications
| ITQlick Score: | 90/100 |
|---|---|
| ITQlick Rating: | (3.2/5) |
| Pricing: | 6/10 - average cost |
| Category: | Accounting & Finance -> Yodlee MoneyCenter |
| Company: | Yodlee |
| Pricing: | starts at $350 per month |
| Typical customers: | Medium and large size businesses |
| Platforms: | Mobile, Cloud |
| Links: | Yodlee MoneyCenter review, Yodlee MoneyCenter pricing, Yodlee MoneyCenter alternatives |
Compare features
NetSuite Financials: 16 Features
Yodlee MoneyCenter: 5 Features
Author
Shlomi Lavi
Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.