Compare Xero and Yodlee MoneyCenter - Mar 2022
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Bottom Line: Which is Better - Xero or Yodlee MoneyCenter?
Yodlee MoneyCenter is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Yodlee MoneyCenter (90/100). Xero offers users more features (13) than Yodlee MoneyCenter (5). There is a clear winner in this case and it is Xero!
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:
Xero Vs. Yodlee
Xero : Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards. Xero is listed on the New Zealand Stock Exchange and the Australian Securities Exchange and is a fast growing company with teams in Wellington, Auckland, Melbourne, Sydney, Brisbane, San Francisco, and Milton Keynes...
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? Xero 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 Xero and Yodlee MoneyCenter.
Xero price starts at $12 per month , On a scale between 1 to 10 Xero 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 Xero.
Which software includes more/better features?
We've compared Xero Vs. Yodlee MoneyCenter based on some of the most important and required Core Accounting features.
Xero: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Purchase Orders, Data Analysis Tools, Forecasting.
Yodlee MoneyCenter: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Tax compliance.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. 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...
Compare PricingCompare specifications
Xero Specifications
ITQlick Score: | 94/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Core Accounting -> Xero review |
Company: | Xero |
Pricing: | starts at $12 per month |
Typical customers: | Small businesses and start ups |
Platforms: | Desktop, Mobile, Cloud |
Links: | Xero review, Xero pricing, Xero alternatives |
Yodlee MoneyCenter Specifications
ITQlick Score: | 90/100 |
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ITQlick Rating: |
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Pricing: | 6/10 - average cost |
Category: | Accounting & Finance -> Yodlee MoneyCenter review |
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
Xero: 13 Features
Yodlee MoneyCenter: 5 Features
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.