Yodlee MoneyCenter Review - why 3.2 stars?

Shlomi Lavi / updated: Mar 22, 2022

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What is Yodlee MoneyCenter?

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 include budgeting, investment tracking, goal setting, real estate management, reports generation, and bills payment. It was created by Envestnet | Yodlee in 1999. It is based in Redwood City, California operated by up to 5,000 employees. It gained TRUSTe Privacy Verified seal and thawte certified.

Who is it best for?

Customers of the software include small and medium businesses and well as large enterprises. Major industries and domains where it can be used include financial services, retail and wholesale, healthcare and hospitality, government and public administration, and others. Some notable clients of the software include Tiburon Strategic Advisors, Barlow Research Associates Inc, and others.

Main features and functionalities

The software offers comprehensive accounts management with the facility of viewing all the accounts at one place. Different accounts such as retirement, credit card, mortgage, and others can be linked together at the same place. Real-time statics are offered about the money being spent with visualizations such as charts and graphs.

Yodlee MoneyCenter allows transactions to be organized into relevant categories. Customized categories can also be created based on various parameters. Automatic alerts are offered for upcoming billing dates. Other important capabilities include miles and points reward summary, asset and liability tracking, asset allocation, scheduling, budget creation based on spending patterns, and others.

What is the actual cost?

The cost of license starts at $350 per month. ITQlick pricing score is 6.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Yodlee MoneyCenter. You can also find here pricing information from Yodlee MoneyCenter's website.

Pros

• Free
• Easy to navigate user-interface
• Supports mobile devices

Cons

• Limited accounting and finance features
• Lacks helpful integrations

How it stacks up?

Access a head to head analysis of Yodlee MoneyCenter vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Yodlee MoneyCenter right for you or your business?

Yodlee MoneyCenter fits small, medium, and large companies and firms from healthcare and hospitality, financial services, and more. Among its clients are Barlow Research Associates Inc. and Tiburon Strategic Advisors.