TimeSolv Legal Vs Yodlee MoneyCenter (Aug 2020)

Shlomi LaviShlomi Lavi / Aug 14, 2020

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Bottom Line: Which is Better - TimeSolv Legal or Yodlee MoneyCenter?

Yodlee MoneyCenter is more expensive to implement (TCO) than TimeSolv Legal, Yodlee MoneyCenter is rated higher (90/100) than TimeSolv Legal (86/100). TimeSolv Legal offers more features (8) 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 TIMESOLV CORPORATION compares with Yodlee?

TIMESOLV CORPORATION: TimeSolv was developed by Elite Online Solutions in 1999 and became an independent company in December 2006. It is now solely focused on providing TimeSolv’s superior online solutions coupled with outstanding customer service. TimeSolv is a privately held corporation and is profitable and debt free.

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? TimeSolv Legal 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 TimeSolv Legal and Yodlee MoneyCenter.

TimeSolv Legal price starts at $29.95 Per 5 users/month , on a scale between 1 to 10 TimeSolv Legal 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 TimeSolv Legal.

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 TimeSolv Legal Vs. Yodlee MoneyCenter based on some of the most important and required Accounting & Finance features. TimeSolv Legal: Version Control, Project Collaboration, Time and Expense Tracking, Archiving and Retention, Document Assembly, Document Tagging, User Access Controls, Time Tracking. Yodlee MoneyCenter: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Tax compliance.

Target customer size

The software has specifically been designed for legal business and law firms and can be used by small and medium businesses, including individual practices and multi-location firms. Customers of the software include small and medium businesses and well as large enterprises.

TimeSolv Legal

ITQlick rating
(4.7/5)

starts at $29.95 Per 5 users/month

TimeSolv Legal is a web based legal billing solution for small and medium law firms. It offers such services as billing and invoicing, calendar management, conflict management, and others. The software was desi...

Categories: Accounting & Finance, Billing & Invoicing, Core Accounting, Document Management.

Yodlee MoneyCenter

ITQlick rating
(3.2/5)

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...

Categories: Core Accounting.

Compare specifications

Compare features

TimeSolv Legal: 8 Features

Version Control
Project Collaboration
Time and Expense Tracking
Archiving and Retention
Document Assembly
Document Tagging
User Access Controls
Time Tracking

Yodlee MoneyCenter: 5 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Tax compliance
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
TimeSolv
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
86/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2/10
License pricing license pricing (if provided by the software vendor)
$29.95 Per 5 users/month
Functionality
21
Compare
Yodlee
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
90/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
6.2/10
License pricing license pricing (if provided by the software vendor)
$350 per month
Functionality
6
Review
Denali
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
93/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
2.6/10
License pricing license pricing (if provided by the software vendor)
$99 per month
Functionality
16
Review
MoneyDesktop
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
92/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
5.2/10
License pricing license pricing (if provided by the software vendor)
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score
92/100
Pricing Pricing score ranges between 1 to 10 while 1 is low TCO and 10 is high TCO (TCO - total cost of ownership: cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
7/10
License pricing license pricing (if provided by the software vendor)
$99 per license
Functionality
5
Author
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Shlomi Lavi

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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.