Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Acumatica
Score 8.8 out of 10
N/A
Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.
$1,000
per year
MYOB
Score 7.4 out of 10
N/A
MYOB now has a suite of subscription-based products and a browser-based accounting product that was released in August 2010. On 24 October 2012, MYOB released AccountRight Live - the cloud-enabled version of its flagship product. MYOB competes with Xero and QuickBooks.
$11
per month
Pricing
AcumaticaMYOB
Editions & Modules
No answers on this topic
Solo
$11
per month
Lite
$34
per month
Pro
$63
per month
Premier
$88.50
per month
Account Right Plus
$150
per month
Offerings
Pricing Offerings
AcumaticaMYOB
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing is always consumption-based with no five-year lock-ins or termination penalties. The Acumatica ERP pricing structure allows adding casual users, suppliers, and customers without paying for additional licenses. The cost is based on the features and resources utilized, not on the number of users who access the system. An Acumatica partner works with users to understand specific requirements, determine the proper resources and modules for the company, and presents a price for the license.
More Pricing Information
Community Pulse
AcumaticaMYOB
Features
AcumaticaMYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Acumatica
8.4
168 Ratings
13% above category average
MYOB
10.0
12 Ratings
28% above category average
Pay calculation7.5149 Ratings10.012 Ratings
Benefit plan administration7.3117 Ratings10.08 Ratings
Direct deposit files7.5144 Ratings10.010 Ratings
Salary revision and increment management00 Ratings10.08 Ratings
Reimbursement management00 Ratings10.08 Ratings
Customization
Comparison of Customization features of Product A and Product B
Acumatica
8.3
496 Ratings
11% above category average
MYOB
10.0
7 Ratings
28% above category average
API for custom integration8.3467 Ratings10.07 Ratings
Plug-ins8.4420 Ratings10.06 Ratings
Security
Comparison of Security features of Product A and Product B
Acumatica
8.2
605 Ratings
2% below category average
MYOB
10.0
12 Ratings
20% above category average
Single sign-on capability8.6500 Ratings10.011 Ratings
Role-based user permissions7.9595 Ratings10.012 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Acumatica
7.8
625 Ratings
6% above category average
MYOB
10.0
12 Ratings
25% above category average
Dashboards7.9595 Ratings10.011 Ratings
Standard reports7.5613 Ratings10.012 Ratings
Custom reports7.9602 Ratings10.011 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Acumatica
8.7
907 Ratings
13% above category average
MYOB
9.1
16 Ratings
18% above category average
Accounts payable8.5874 Ratings10.016 Ratings
Accounts receivable8.4760 Ratings10.016 Ratings
Global Financial Support7.8347 Ratings10.06 Ratings
Primary and Secondary Ledgers8.2493 Ratings10.08 Ratings
Journals and Reconciliations8.3717 Ratings10.012 Ratings
Configurable Accounting8.2567 Ratings10.09 Ratings
Standardized Processes8.3616 Ratings10.08 Ratings
Cash management00 Ratings10.015 Ratings
Bank reconciliation00 Ratings10.016 Ratings
Expense management00 Ratings10.012 Ratings
Time tracking00 Ratings6.07 Ratings
Fixed asset management00 Ratings10.09 Ratings
Multi-currency support00 Ratings10.08 Ratings
Multi-division support00 Ratings10.07 Ratings
Regulations compliance00 Ratings10.09 Ratings
Electronic tax filing00 Ratings5.19 Ratings
Self-service portal00 Ratings6.37 Ratings
Intercompany Accounting00 Ratings10.06 Ratings
Localizations00 Ratings10.06 Ratings
Enterprise Accounting00 Ratings2.84 Ratings
Centralized Rules Framework00 Ratings10.04 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Acumatica
8.2
603 Ratings
3% above category average
MYOB
10.0
9 Ratings
31% above category average
Inventory tracking8.1589 Ratings10.09 Ratings
Automatic reordering7.4306 Ratings10.06 Ratings
Location management8.0420 Ratings10.06 Ratings
Manufacturing module00 Ratings10.06 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Acumatica
8.5
612 Ratings
8% above category average
MYOB
10.0
7 Ratings
29% above category average
Pricing7.9520 Ratings10.07 Ratings
Order entry8.3551 Ratings10.07 Ratings
Credit card processing7.8373 Ratings10.06 Ratings
Cost of goods sold8.0511 Ratings10.07 Ratings
Order Orchestration7.7305 Ratings10.05 Ratings
End-to-end order visibility00 Ratings10.05 Ratings
Order exception Resolution00 Ratings10.05 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
Acumatica
8.7
717 Ratings
15% above category average
MYOB
-
Ratings
Billing Management8.2525 Ratings00 Ratings
Cash and Asset Management8.1643 Ratings00 Ratings
Travel & Expense Management7.4378 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting7.7392 Ratings00 Ratings
Period Close8.5568 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Acumatica
9.9
4 Ratings
27% above category average
MYOB
-
Ratings
Budgeting and Forecasting9.64 Ratings00 Ratings
Project Costing9.93 Ratings00 Ratings
Cost Capture9.93 Ratings00 Ratings
Capital Project Management10.02 Ratings00 Ratings
Customer Contract Compliance10.02 Ratings00 Ratings
Project Revenue Recognition9.93 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Acumatica
7.7
273 Ratings
9% above category average
MYOB
-
Ratings
Project Planning and Scheduling7.5246 Ratings00 Ratings
Task Insight for Project Managers7.5243 Ratings00 Ratings
Project Mobile Functionality7.3216 Ratings00 Ratings
Definable Resource Pools7.3149 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Acumatica
7.9
113 Ratings
7% above category average
MYOB
-
Ratings
Award Lifecycle Management7.8113 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Acumatica
7.4
354 Ratings
6% above category average
MYOB
-
Ratings
Bids Analyzed and Compared7.5152 Ratings00 Ratings
Contract Authoring7.3122 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated7.9289 Ratings00 Ratings
Supplier Management7.9230 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Acumatica
7.7
175 Ratings
15% above category average
MYOB
-
Ratings
Risk Repository7.7129 Ratings00 Ratings
Control Management7.7155 Ratings00 Ratings
Control Efficiency Assessments7.9137 Ratings00 Ratings
Issue Detection7.6141 Ratings00 Ratings
Remediation and Certification7.6114 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Acumatica
8.6
214 Ratings
23% above category average
MYOB
-
Ratings
Transportation Planning and Optimization7.1157 Ratings00 Ratings
Transportation Execution Management7.4147 Ratings00 Ratings
Trade and Customs Management7.1121 Ratings00 Ratings
Fulfillment Management7.8173 Ratings00 Ratings
Warehouse Workforce Management7.3165 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Acumatica
8.8
236 Ratings
17% above category average
MYOB
-
Ratings
Production Process Design7.7195 Ratings00 Ratings
Production Management8.0220 Ratings00 Ratings
Configuration Management7.8191 Ratings00 Ratings
Work Execution7.8185 Ratings00 Ratings
Manufacturing Costs8.2207 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Acumatica
8.2
280 Ratings
13% above category average
MYOB
-
Ratings
Forecasting7.5230 Ratings00 Ratings
Inventory Planning7.6266 Ratings00 Ratings
Performance Monitoring7.5227 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Acumatica
8.3
166 Ratings
14% above category average
MYOB
-
Ratings
Proposal Management7.5142 Ratings00 Ratings
Product Master Data Management7.5158 Ratings00 Ratings
Best Alternatives
AcumaticaMYOB
Small Businesses
Zoho One
Zoho One
Score 9.5 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.8 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises
24SevenOffice
24SevenOffice
Score 9.0 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.6 out of 10
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User Ratings
AcumaticaMYOB
Likelihood to Recommend
8.9
(631 ratings)
8.9
(19 ratings)
Likelihood to Renew
9.2
(65 ratings)
9.5
(2 ratings)
Usability
8.2
(37 ratings)
9.9
(15 ratings)
Availability
8.7
(5 ratings)
-
(0 ratings)
Performance
8.2
(4 ratings)
-
(0 ratings)
Support Rating
7.1
(28 ratings)
1.2
(14 ratings)
In-Person Training
5.1
(5 ratings)
-
(0 ratings)
Online Training
7.7
(4 ratings)
-
(0 ratings)
Implementation Rating
6.0
(19 ratings)
5.0
(1 ratings)
Configurability
6.5
(3 ratings)
-
(0 ratings)
Contract Terms and Pricing Model
6.3
(4 ratings)
-
(0 ratings)
Ease of integration
5.7
(2 ratings)
1.0
(1 ratings)
Product Scalability
7.3
(5 ratings)
-
(0 ratings)
Professional Services
9.1
(3 ratings)
-
(0 ratings)
Vendor post-sale
4.2
(5 ratings)
-
(0 ratings)
Vendor pre-sale
5.3
(4 ratings)
-
(0 ratings)
User Testimonials
AcumaticaMYOB
Likelihood to Recommend
Acumatica
Coming from Sage, when you have to post financial data, it locks the system. Acumatica, there is no delay, there is no downtime. Dashboards. My CEO recently asked me, "I really want to see what our top customers are and what markets that they're spending the most money in." Acumatica had that widget already prepared for me.
Read full review
MYOB
MYOB is suitable for any business. I have two different businesses and both use MYOB effectively. I use MYOB to pay wages every fortnight for both businesses. This enables me to track exactly what is happening with everyone's different sick leave and holiday entitlements easily. I'm also able to keep track of expenditure and balance and reconcile the accounts against bank statements.
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Pros
Acumatica
  • Real-time access to financials across firm's locations in India for better in-house sales, cost and financial health analysis
  • The tool is great with respect to the creation of dashboards and KPI reporting to get visual picture of profitability and cash flow metrics across projects
Read full review
MYOB
  • MYOB is very easy to navigate and find the correct information.
  • The Help section was very straight forward and very easy to learn.
  • MYOB was a great accounting tool for our business as it provided the accountant, sales, etc all of the information they need all in one place.
Read full review
Cons
Acumatica
  • Mass updating existing BOMs or Production Order Details. For larger orders, especially if many things need to be changed it can take a painstakingly long time to update each production order one-by-one.
  • The product configurator is too flat, we definitely need nested configurations that can capture variable subassemblies.
  • Accounting has room for improvement, I don't really like the idea of SO Invoices living in a separate spot until they are Released. I have had complaints from our accounting personnel since they have to leave the "Accounting World".
Read full review
MYOB
  • [In my opinion,] horrible interface to import data
  • [In my opinion,] user interface stuck in 1995
  • Needs improvement to usability
  • Contestant price increases
  • [In my opinion,] new in-app advertising is annoying
  • Countless different windows to do simple tasks like onboard an employee
  • [In my experience,] too slow
Read full review
Likelihood to Renew
Acumatica
It is a flexible system that is very flexible and is easy to use. It will also be able to scale as the company grows. Frankly, we have invested too much time to walk away from it now and the initial phase is going well
Read full review
MYOB
Our clients seems hesitant to change softwares so I don't see why we wouldn't be renewing with MYOB
Read full review
Usability
Acumatica
Only reason is because when teaching our departments how to use, it takes them a long time and multiple requests about where things are located... as IT team, I can navigate easily, end users like accountants and shipping, it's a tiny bit cumbersome, but I believe ModernUI will resolve
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MYOB
Still 10 for me, I have no problem at all using this toll even it hangs sometimes, I need to log in again to refresh it and it always ask to update the MYOB app. i Also like the security of this platform, iT always asks for the code (before logging in.
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Reliability and Availability
Acumatica
It's always available.
Read full review
MYOB
No answers on this topic
Performance
Acumatica
there have been some performance issues
Read full review
MYOB
No answers on this topic
Support Rating
Acumatica
We recently switched VARs and it has made a world of difference! Our new VAR actually is proactive to various situations versus being reactive to events that have happened. They are accessing how we are using the modules and suggesting better more efficient ways!
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MYOB
MYOB accounting software basically works but looks and functions like 1998. Unfortunately their Antipiracy licensing system is absolutely TERRIBLE and verging on nearly criminal, scam! You must CONFIRM each and every data file and when it doesnt work you have to PAY THEM to fix their own file protection issues. If you dont pay them, they hold your data hostage as your company accounting information file becomes READ ONLY. Permantly, unless you pay them. This is a total extortion SCAM. I cannot believe a company can operate this way. With a lot of better product available... i dont imagine MYOB is going to survive much longer.
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In-Person Training
Acumatica
Very helpful for end users
Read full review
MYOB
No answers on this topic
Online Training
Acumatica
Online training has gone away. Need to bring back the webinars. Live webinars are so benficial to training new employees.
Read full review
MYOB
No answers on this topic
Implementation Rating
Acumatica
I'd say the partner selection is critically important. I think the software is very easy to implement. It's very customizable to your business. Finding a partner that will work with you to understand your business and your needs is the critical piece to make sure that the system goes along with it.
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MYOB
No answers on this topic
Alternatives Considered
Acumatica
Acumatica's flexibility, user interface, reporting, customizable system, data imports, Power BI integrations, exportable reports, and connections to other systems make it a stand-alone ERP solution. Finding another system capable of doing this would be a good find. Head above the others. In-system emailing. Import/export of data to and from anywhere.
Read full review
MYOB
Not even close. Though I will say MYOB had a budget module where Zoho Books doesn't which is one thing severely lacking in Zoho Books. On the other hand, Zoho Books allows for payment processing integration without trying to get a cut from the process whereas MYOB allowed for payment processing but you had to go through their service only and it wasn't cheap.
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Contract Terms and Pricing Model
Acumatica
No, annual invoices are fine. I do like that unlimited users are included.
Read full review
MYOB
No answers on this topic
Scalability
Acumatica
From my understanding, the P.O. module is not very robust, at least the last time I inquired about it. At the time, it had a one-to-one match, with one invoice for one P.O. and that isn't practical for many businesses. I don't believe it would be an easy system to use for sending out invoices, if we had thousands of retail utility customers. We do a small number of invoices because we sell wholesale power, not retail, so we only Invoice the municipality. Not each utility customer.
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MYOB
No answers on this topic
Professional Services
Acumatica
They are very responsive and knowledgeable about the product. If the rep doesn't have the ability to solve the issue, they quickly get someone else involved to assist us.
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MYOB
No answers on this topic
Return on Investment
Acumatica
  • I feel like I am not using it to it's potential and it's frustrating to know that it can do more than I am able to use and more help with that would be great
  • The implementation was a lot of customize building and I felt like some of it could have been built by my partner rather than having them sit and watch me enter a bunch of stuff, especially when a lot of it was over my head in understanding
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MYOB
  • Made a life a lot easier by removing a lot of separate entries in multiple excel sheets
  • With all of the relevant information in one place, it is easier to process payments.
  • Most of the business only have one person doing the payroll compared to the team effort.
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ScreenShots

Acumatica Screenshots

Screenshot of Acumatica Cloud ERP - Field Service DashboardScreenshot of Acumatica Cloud ERP - Manufacturing - Production Manager DashboardScreenshot of Acumatica Cloud ERP - Distribution - Warehouse Operations DashboardsScreenshot of Acumatica Cloud ERP - Construction - Job Cost Accounting DashboardScreenshot of Acumatica Cloud ERP - Retail Edition DashboardsScreenshot of Acumatica Cloud ERP - Professional Services - Financial Management Dashboard