Yodlee MoneyCenter Vs SAP Financials On Demand (Jul 2020)

Shlomi LaviShlomi Lavi / Jul 22, 2020

We publish unbiased reviews, our opinions are our own and are not influenced by payments from advertisers. Learn more in our advertiser disclosure.

Bottom Line: Which is Better - Yodlee MoneyCenter or SAP Financials On Demand?

Yodlee MoneyCenter is more expensive to implement (TCO) than SAP Financials On Demand, Yodlee MoneyCenter is rated higher (90/100) than SAP Financials On Demand (89/100). Yodlee MoneyCenter offers more features (5) to their users than SAP Financials On Demand (3).

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 Yodlee compares with SAP?

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...

SAP: SAP ® AG is German software corporation that makes enterprise software to manage business operations and customer relations. SAP ® is the market leader in enterprise application software. The company's best-known software products are its enterprise resource planning application (SAP ® ERP), its enterpr...

Who's more expensive? Yodlee MoneyCenter or SAP Financials On Demand?

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 Yodlee MoneyCenter and SAP Financials On Demand.

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. SAP Financials On Demand accurate pricing info is available upon request (they don't share it publicly), however , on a scale between 1 to 10 Yodlee MoneyCenter is rated 6, which is similar to the average cost of Accounting & Finance software.

Bottom line: Yodlee MoneyCenter is more expensive than SAP Financials On Demand.

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 Yodlee MoneyCenter Vs. SAP Financials On Demand based on some of the most important and required Accounting & Finance features. Yodlee MoneyCenter: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Tax compliance. SAP Financials On Demand: Cash Flow, Cash flow/cash budget, Real Time Comparisons.

Target customer size

Customers of the software include small and medium businesses and well as large enterprises. Financials OnDemand has been designed to target medium and large businesses and is primarily focused on the Finance departments in these organizations.

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.

SAP Financials On Demand

ITQlick rating
(4.5/5)

SAP launched Financials OnDemand in late 2012 as a stand-alone financial management solution designed exclusively for the cloud. It tracks end-to-end financial transactions from order to cash and procurement to...

Categories: Billing & Invoicing, Budgeting & CPM, Core Accounting, Financial reporting, Fixed Asset Accounting.

Compare specifications

Compare features

Yodlee MoneyCenter: 5 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Tax compliance

SAP Financials On Demand: 3 Features

Cash Flow
Cash flow/cash budget
Real Time Comparisons
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
Yodlee
ITQlick rating
3.2/5
Score
90/100
Pricing
6.2/10
License pricing
$350 per month
Functionality
6
Review
Compare
SAP
ITQlick rating
4.5/5
Score
89/100
Pricing
4.8/10
License pricing
Pricing not available
Functionality
15
Review
Denali
ITQlick rating
4.1/5
Score
93/100
Pricing
2.6/10
License pricing
$99 per month
Functionality
16
Review
MoneyDesktop
ITQlick rating
4.7/5
Score
92/100
Pricing
5.2/10
License pricing
Pricing not available
Functionality
4
MultiCHAX
ITQlick rating
3.4/5
Score
92/100
Pricing
7/10
License pricing
$99 per license
Functionality
5
Author

Shlomi Lavi

Website Linkedin Facebook Twitter

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.