Coupa vs. MYOB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coupa
Score 8.0 out of 10
N/A
Coupa’s cloud-native Business Spend Management (BSM) platform provides end-to-end processes that helps drive collaboration across for every business leader from supply chain, procurement, finance, treasury, compliance, and IT and supply chain leaders to help their companies to get the visibility and control they need to spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.
$549
per year
MYOB
Score 7.3 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
CoupaMYOB
Editions & Modules
Premium Support
$499+
per year
Verified
$549
per year
Advanced
$4800
per year
Registered
Free
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
CoupaMYOB
Free Trial
NoYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
CoupaMYOB
Features
CoupaMYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Coupa
-
Ratings
MYOB
10.0
12 Ratings
28% above category average
Pay calculation00 Ratings10.012 Ratings
Benefit plan administration00 Ratings10.08 Ratings
Direct deposit files00 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
Coupa
-
Ratings
MYOB
10.0
7 Ratings
26% above category average
API for custom integration00 Ratings10.07 Ratings
Plug-ins00 Ratings10.06 Ratings
Security
Comparison of Security features of Product A and Product B
Coupa
-
Ratings
MYOB
10.0
12 Ratings
20% above category average
Single sign-on capability00 Ratings10.011 Ratings
Role-based user permissions00 Ratings10.012 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Coupa
-
Ratings
MYOB
10.0
12 Ratings
24% above category average
Dashboards00 Ratings10.011 Ratings
Standard reports00 Ratings10.012 Ratings
Custom reports00 Ratings10.011 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Coupa
-
Ratings
MYOB
9.1
16 Ratings
18% above category average
Accounts payable00 Ratings10.016 Ratings
Accounts receivable00 Ratings10.016 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
Global Financial Support00 Ratings10.06 Ratings
Primary and Secondary Ledgers00 Ratings10.08 Ratings
Intercompany Accounting00 Ratings10.06 Ratings
Localizations00 Ratings10.06 Ratings
Journals and Reconciliations00 Ratings10.012 Ratings
Enterprise Accounting00 Ratings2.84 Ratings
Configurable Accounting00 Ratings10.09 Ratings
Centralized Rules Framework00 Ratings10.04 Ratings
Standardized Processes00 Ratings10.08 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Coupa
-
Ratings
MYOB
10.0
9 Ratings
28% above category average
Inventory tracking00 Ratings10.09 Ratings
Automatic reordering00 Ratings10.06 Ratings
Location management00 Ratings10.06 Ratings
Manufacturing module00 Ratings10.06 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Coupa
-
Ratings
MYOB
10.0
7 Ratings
27% above category average
Pricing00 Ratings10.07 Ratings
Order entry00 Ratings10.07 Ratings
Credit card processing00 Ratings10.06 Ratings
Cost of goods sold00 Ratings10.07 Ratings
Order Orchestration00 Ratings10.05 Ratings
End-to-end order visibility00 Ratings10.05 Ratings
Order exception Resolution00 Ratings10.05 Ratings
Best Alternatives
CoupaMYOB
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 7.3 out of 10
Medium-sized Companies
Precoro
Precoro
Score 9.3 out of 10
Zoho Books
Zoho Books
Score 9.1 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
CoupaMYOB
Likelihood to Recommend
9.0
(27 ratings)
8.9
(19 ratings)
Likelihood to Renew
10.0
(1 ratings)
9.5
(2 ratings)
Usability
8.4
(2 ratings)
9.8
(15 ratings)
Support Rating
6.5
(2 ratings)
1.2
(14 ratings)
In-Person Training
3.0
(1 ratings)
-
(0 ratings)
Implementation Rating
-
(0 ratings)
5.0
(1 ratings)
Configurability
5.0
(1 ratings)
-
(0 ratings)
Ease of integration
-
(0 ratings)
1.0
(1 ratings)
User Testimonials
CoupaMYOB
Likelihood to Recommend
Coupa Software
Suitable: Simple indirect procurement. Low cost; short cycle implementation. Less Suitable: Complex procurement scenario requiring serious vendor collaboration. End-to-end integration. Direct Material Procurement, especially when planning, quality inspection, and other miscellaneous activities are involved, requires handling various special statuses and updates to meet industry- or country-specific requirements.
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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
Coupa Software
  • Coupa is easy to use, however, we had to teach our end users about procurement. They are not used to conducting an RFP, onboarding a supplier, or preparing a PO. This is the change management that our employees had to be prepared to understand. The Shelby Group helped us with the implementation.
  • The hardest part was the integration between NetSuite and Coupa. We wanted to have a dynamic tight integration between the two solutions. If we adjusted the chart of accounts or added a new supplier we wanted it to be able to done in both systems and be available immediately in both systems. We used a partner called SuiteSkies to accomplish this dynamic integration.
  • We’ve been able to manage the implementation and maintenance with a very lean IT group.
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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.
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Cons
Coupa Software
  • Support Team - A little slow in responding. I think the tool is so configurable that they struggle with figuring out what is causing certain issues that are being submitted on the portal.
  • I'd love for the Sourcing Module to be able to support larger events. There seems to be a limit on the number of lines each event can support and as a growing retailer, our store count dictates we have room to grow and that each store is represented in the bid process.
  • Would like to see the ability to issue multiple POs for a single item to multiple locations. The tool may do this but I know I can't and it may be due to how we interface with our ERP.
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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
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Likelihood to Renew
Coupa Software
I love using coupa but i'm not the decision maker in this regard.
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
Coupa Software
-Could be easy or hard to use depending on corporate policies and compliance. At times, errors and cryptical message associated with them could drive users mad.
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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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Support Rating
Coupa Software
-Support is generally speaking OK (not great). The user community is quite active, and the response time is acceptable. I would certainly hope there's more user-generated content (like in SAP, Oracle, and Linux, etc.), but I suppose Coupa is still not large enough, and the incentives are not yet there.
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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
Coupa Software
The employee that trained me was not particularly interesting in teaching me but they were not a Coupa employee.
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MYOB
No answers on this topic
Alternatives Considered
Coupa Software
Concur was a lot easier and more user friendly for employees doing expense reports on their phone. That is not the case with Coupa. You must use your laptop to do expenses and our managers don't always have enough time to do that while out in the field working. This has caused some issues.
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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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Return on Investment
Coupa Software
  • It has allowed for proper processing of expenses tied directly to the proper LOB and GL Codes
  • Has taken the guesswork away and allowed for the proper budgets to be hit and reconciled
  • Ease of use has led to mass adoption and more prompt processing of expenses
Read full review
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.
Read full review
ScreenShots

Coupa Screenshots

Screenshot of Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.Screenshot of Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.Screenshot of Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.Screenshot of Bring the results of sourcing events and risk vetting together to quickly formalize agreements without costly omissions or delays.Screenshot of Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers. Streamline budget checks and approvals simple emails to get move spend pre-approved, on-contract, and under control.Screenshot of Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.