TAXES AND ACCOUNTING

Accounting, tax preparation, and other innovative financial applications have proliferated in the past few years by incorporating business and consumer financial data. With data aggregation from over 15,500 global data sources, Envestnet | Yodlee APIs provide permission-based access to the financial account and transaction data needed to create sophisticated solutions for consumers and small businesses.

From applications that surpass typical accounting programs to proactive tax management software, Envestnet | Yodlee APIs make it possible to build tools for consumers and small businesses that save time, enhance accuracy and deliver meaningful insights.


Build to Disrupt

Financial Analysis and Cash
Flow Forecasting

Go beyond typical accounting programs to create tools that offer valuable insights, analysis, cash flow forecasting, and actionable advice, powered by permission-based access to financial data.

Tools for Tax Guidance

Leverage rich transaction data to build financial tools such as tax software that estimates and pays self-employment taxes, while also providing helpful tips for optimizing tax preparation.

Business Dashboard

Automate the entry of bank transactions into your accounting application to easily reconcile the most recent transactions every morning, and create a real-time financial dashboard for your user’s business.

We’re excited to leverage Envestnet | Yodlee’s fully RESTful APIs as part of the Envestnet | Yodlee Incubator class. Envestnet | Yodlee offers a secure, quick, and simple method to access financial data that enables us to help independent contractors automatically save for self-employment taxes.

Trent Bigelow,
Co-founder, Track Technologies

Why Envestnet | Yodlee

Transactional Data Enrichment

Envestnet | Yodlee Transaction Data Enrichment translates raw transaction data into clear, easy-to-read information. Consumers not only see a clear merchant name, date, and amount, they also get additional context—including a simple description of the transaction, transaction category, and geo-location. The clarified data can be used to understand a customer’s spending and saving habits, payment preferences, share of wallet spending, and even what financial services are best suited for that specific customer.

Bank-level Data Security

As an FFIEC (Federal Financial Institutions Examination Council) supervised Technology Service Provider, Envestnet | Yodlee adheres to, and in many cases, exceeds the security and risk management standards required to engage with consumers and their financial data. Our key controls include central bastion hosts, multi-factor authentication, resilient and redundant infrastructure, AES 256 data encryption, and centralized security incident and event management. Learn more here.

Speed and Simplicity

Envestnet | Yodlee’s ongoing platform investment hides the cost and complexity of daily data aggregation to provide a unified view into heterogeneous bank data so you can get to market quickly and easily. Daily data updates and 24x7 operational monitoring give you peace of mind so you can focus on building innovative apps.

Industry Leading Depth and Breadth of Data

Envestnet | Yodlee provides comprehensive financial data across retail banking, credit, and wealth management, made possible through the massive scale of our data acquisition platform and extensive expertise in data cleansing and enrichment. With over 15,500 global data sources, hundreds of account types (including 401k holdings and investment options), and incredible richness of data, we help you build a holistic financial picture of your users and maximize the scope and number of clients that you can serve.