Shlomi Lavi /
Aug 23, 2022
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Bottom Line: Which is Better - Yodlee MoneyCenter or FreshBooks?
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 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:
Yodlee Vs. FRESHBOOKS
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...
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...
Who is more expensive? Yodlee MoneyCenter or FreshBooks?
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 Yodlee MoneyCenter and FreshBooks.
Yodlee MoneyCenter price starts at $350 per month , On a scale between 1 to 10 Yodlee MoneyCenter is rated 6, which is similar to the average cost of Accounting & Finance software. FreshBooks price starts at $6 per month , When comparing FreshBooks to its competitors, the software is rated 2 - much lower than the average Accounting & Finance software cost.
Bottom line: Yodlee MoneyCenter is more expensive than FreshBooks.
Which software includes more/better features?
We've compared Yodlee MoneyCenter Vs. FreshBooks based on some of the most important and required Accounting & Finance features.
Yodlee MoneyCenter: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Tax compliance.
FreshBooks: Mobile Access, Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing.
Target customer size
Customers of the software include small and medium businesses and well as large enterprises. 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.