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What is the difference between the Yodlee Envest bank feeds and AMC bank integration.

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Posted on by JGarcia123

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I am trying to find the difference between the BC Yodlee Envestment bank integration and the AMC Bank Integration. We are looking for a tool to integrate and automate bank feeds into BC. This client has external receivables systems and most cash just needs to be booked to a GL account depending upon the source. There will also be a smaller traditional receivables that will need to be matched to open invoices. What is the difference between the two tools and which is better for integration and automation?

Please advise. Look forward to a response.

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YUN ZHU 83,233 Super User 2025 Season 1 on at

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What is the difference between the Yodlee Envest bank feeds and AMC bank integration.

Hi, hope the following can give you some hints.

Set up the Envestnet Yodlee bank feeds service

https://learn.microsoft.com/en-us/dynamics365/business-central/bank-how-setup-bank-statement-service?wt.mc_id=DX-MVP-5004336

The Envestnet Yodlee Bank Feeds Extension

https://learn.microsoft.com/en-us/dynamics365/business-central/ui-extensions-yodlee-bank-feeds?wt.mc_id=DX-MVP-5004336

Use the AMC banking 365 fundamentals extension

https://learn.microsoft.com/en-us/dynamics365/business-central/ui-extensions-amc-banking

Thanks.

ZHU
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DF-19061705-0 5 on at

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What is the difference between the Yodlee Envest bank feeds and AMC bank integration.

Yodlee and AMC Banking are not standard, built-in features of BC. Both are extensions, but they come pre-installed.

Yodlee is a free tool that is used to automatically import bank statements

Yodlee is an alternative for manually importing bank statements

Yodlee does not export data to the bank

AMC Banking converts payment information to bank-specific formats, allowing users to export payment lines for upload to the bank

AMC banking can also import bank statement files into Business Central.

The service is free for one bank account

Additional accounts are $60 per account per month
Mark Hennessy 30 on at

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RE: What is the difference between the Yodlee Envest bank feeds and AMC bank integration.

Hi,

I don't know about AMC, but Nolan's Automated Bank Reconciliation can automatically generate transactions in BC from bank feeds.

www.nolanbusinesssolutions.co.uk/.../automated-bank-reconciliation

Happy to discuss your requirements further is you would like to.

Thanks

Mark
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Marco Mels on at

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RE: What is the difference between the Yodlee Envest bank feeds and AMC bank integration.

Hello,

Interesting question! Hope one of the partners or MVP's can answer this question.

Thank you.