Catalyst, by EBM Software vs. MYOB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Catalyst, by EBM Software
Score 7.8 out of 10
N/A
Catalyst from EBM Software in Minneapolis is a cloud-based business performance application suite, designed to provide an environment and workflow for understanding business profitability.N/A
MYOB
Score 5.6 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.N/A
Pricing
Catalyst, by EBM SoftwareMYOB
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Catalyst, by EBM SoftwareMYOB
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsFlexible and tiered pricing structures available - monthly, 1-3-5- contracts, and more
More Pricing Information
Community Pulse
Catalyst, by EBM SoftwareMYOB
Top Pros
Top Cons
Features
Catalyst, by EBM SoftwareMYOB
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Catalyst, by EBM Software
7.1
2 Ratings
17% below category average
MYOB
-
Ratings
Customizable dashboards7.12 Ratings00 Ratings
Report Formatting Templates7.12 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Catalyst, by EBM Software
7.7
2 Ratings
9% below category average
MYOB
-
Ratings
Drill-down analysis7.12 Ratings00 Ratings
Formatting capabilities8.02 Ratings00 Ratings
Report sharing and collaboration8.02 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Catalyst, by EBM Software
8.0
2 Ratings
3% below category average
MYOB
-
Ratings
Publish to PDF7.92 Ratings00 Ratings
Report Delivery Scheduling8.01 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Catalyst, by EBM Software
7.7
1 Ratings
1% below category average
MYOB
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)8.01 Ratings00 Ratings
Location Analytics / Geographic Visualization7.01 Ratings00 Ratings
Predictive Analytics8.01 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Catalyst, by EBM Software
8.0
2 Ratings
9% below category average
MYOB
-
Ratings
Multi-User Support (named login)8.02 Ratings00 Ratings
Role-Based Security Model8.02 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.02 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Catalyst, by EBM Software
8.0
2 Ratings
0% below category average
MYOB
-
Ratings
Responsive Design for Web Access8.02 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.02 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Catalyst, by EBM Software
8.0
2 Ratings
6% below category average
MYOB
-
Ratings
Long-term financial planning7.01 Ratings00 Ratings
Financial budgeting8.01 Ratings00 Ratings
Forecasting8.01 Ratings00 Ratings
Scenario modeling8.01 Ratings00 Ratings
Management reporting8.92 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Catalyst, by EBM Software
7.2
1 Ratings
13% below category average
MYOB
-
Ratings
Financial data consolidation9.01 Ratings00 Ratings
Journal entries and reports8.01 Ratings00 Ratings
Multi-currency management6.01 Ratings00 Ratings
Intercompany Eliminations5.01 Ratings00 Ratings
Minority Ownership7.01 Ratings00 Ratings
Local and consolidated reporting8.01 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Catalyst, by EBM Software
8.0
1 Ratings
6% below category average
MYOB
-
Ratings
Financial Statement Reporting8.01 Ratings00 Ratings
Management Reporting9.01 Ratings00 Ratings
Excel-based Reporting7.01 Ratings00 Ratings
Automated board and financial reporting8.01 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Catalyst, by EBM Software
7.2
2 Ratings
11% below category average
MYOB
-
Ratings
Personalized dashboards7.12 Ratings00 Ratings
Color-coded scorecards6.01 Ratings00 Ratings
KPIs7.01 Ratings00 Ratings
Cost and profitability analysis8.01 Ratings00 Ratings
Key Performance Indicator setting8.01 Ratings00 Ratings
Benchmarking with external data7.01 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Catalyst, by EBM Software
7.4
2 Ratings
13% below category average
MYOB
-
Ratings
Flat file integration8.01 Ratings00 Ratings
Excel data integration7.12 Ratings00 Ratings
Direct links to 3rd-party data sources7.12 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
MYOB
6.8
11 Ratings
9% below category average
Pay calculation00 Ratings7.111 Ratings
Benefit plan administration00 Ratings6.77 Ratings
Direct deposit files00 Ratings6.99 Ratings
Salary revision and increment management00 Ratings6.77 Ratings
Reimbursement management00 Ratings6.57 Ratings
Customization
Comparison of Customization features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
MYOB
5.7
6 Ratings
19% below category average
API for custom integration00 Ratings5.66 Ratings
Plug-ins00 Ratings5.85 Ratings
Security
Comparison of Security features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
MYOB
6.9
11 Ratings
12% below category average
Single sign-on capability00 Ratings6.810 Ratings
Role-based user permissions00 Ratings7.011 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
MYOB
5.8
11 Ratings
24% below category average
Dashboards00 Ratings6.010 Ratings
Standard reports00 Ratings6.011 Ratings
Custom reports00 Ratings5.510 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
MYOB
4.9
15 Ratings
39% below category average
Accounts payable00 Ratings6.015 Ratings
Accounts receivable00 Ratings6.015 Ratings
Cash management00 Ratings5.414 Ratings
Bank reconciliation00 Ratings5.915 Ratings
Expense management00 Ratings6.111 Ratings
Time tracking00 Ratings5.86 Ratings
Fixed asset management00 Ratings4.78 Ratings
Multi-currency support00 Ratings2.37 Ratings
Multi-division support00 Ratings2.56 Ratings
Regulations compliance00 Ratings4.78 Ratings
Electronic tax filing00 Ratings5.29 Ratings
Self-service portal00 Ratings5.87 Ratings
Global Financial Support00 Ratings6.05 Ratings
Primary and Secondary Ledgers00 Ratings5.57 Ratings
Intercompany Accounting00 Ratings2.55 Ratings
Localizations00 Ratings6.05 Ratings
Journals and Reconciliations00 Ratings5.411 Ratings
Enterprise Accounting00 Ratings3.44 Ratings
Configurable Accounting00 Ratings4.88 Ratings
Centralized Rules Framework00 Ratings2.93 Ratings
Standardized Processes00 Ratings5.67 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
MYOB
4.1
8 Ratings
51% below category average
Inventory tracking00 Ratings6.48 Ratings
Automatic reordering00 Ratings3.45 Ratings
Location management00 Ratings3.35 Ratings
Manufacturing module00 Ratings3.25 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
MYOB
5.8
6 Ratings
25% below category average
Pricing00 Ratings5.86 Ratings
Order entry00 Ratings5.86 Ratings
Credit card processing00 Ratings5.85 Ratings
Cost of goods sold00 Ratings5.86 Ratings
Order Orchestration00 Ratings5.84 Ratings
End-to-end order visibility00 Ratings5.84 Ratings
Order exception Resolution00 Ratings5.84 Ratings
Best Alternatives
Catalyst, by EBM SoftwareMYOB
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Score 8.7 out of 10
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Score 9.0 out of 10
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Cube
Cube
Score 8.9 out of 10
Accounting Seed
Accounting Seed
Score 8.6 out of 10
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OneStream
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Score 8.8 out of 10
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User Ratings
Catalyst, by EBM SoftwareMYOB
Likelihood to Recommend
7.9
(2 ratings)
4.2
(18 ratings)
Likelihood to Renew
-
(0 ratings)
9.5
(2 ratings)
Usability
8.8
(2 ratings)
4.5
(14 ratings)
Support Rating
7.8
(2 ratings)
4.1
(15 ratings)
Implementation Rating
-
(0 ratings)
5.0
(2 ratings)
Ease of integration
-
(0 ratings)
1.0
(1 ratings)
User Testimonials
Catalyst, by EBM SoftwareMYOB
Likelihood to Recommend
EBM Software
[Catalyst, by EBM Software] is well suited to track invoices from vendors to get them paid on time to avoid late fees. [Catalyst, by EBM Software] is less appropriate when paying vendor because that is not a function they currently have. If the system was an all in one system that could track and pay your invoices it would be an amazing software.
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
EBM Software
  • The GUI is easy to navigate on the iPad mini, which we use for charting.
  • The options are simple so there is very little room for mistakes.
  • Charting is easy and the setup allows for necessary fields that must be completed so charting stays uniform.
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
EBM Software
  • The browser closes unexpectedly at times when refreshing the page and you get logged out
  • The incorrect vendor is chosen by Catalyst a few times
  • The Catalyst file is occasionally not placed on time in the folder
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
EBM Software
No answers on this topic
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
EBM Software
Well.... when it works... it's good. When it doesn't it is very frustrating for our staff.
Read full review
MYOB
All of the MYOB products are easy to use. Most of our clients use MYOB ACE payroll and Essentials but some of the customers who are proper accounts use a range of products like Account Right MYOB AE/AO, Practice manager, TAX manager, etc. I have never heard of any complaints and the support contacts are always approachable.
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Support Rating
EBM Software
The support for Catalyst is great and they are usually within the 48 hour response time. There could be a little quicker upload time for invoices that are submitted. They usually show up until the next day on the system and sometimes gives us a stress on time. Overall, the support is quite good
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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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Alternatives Considered
EBM Software
[Catalyst, by EBM Software] is a very easy system to use and is very user friendly. It gives you different ways of researching an invoice and not just one. Catalyst also helps to allow us to research an invoice within seconds and eliminates a lengthy and confusing process. It is a great software for first time users to learn quickly and efficiently.
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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
EBM Software
  • Catalyst is better than pencil and paper data analysis. But the app can be very frustrating when it's not working the way it did last week.
  • The GUI is very simple. Sometimes too simple, like there is no way to go back in and edit SOAP note options.
  • New feature roll-outs are mandatory. I understand that no one would opt in to being the guinea pig, but it would be nice if you weren't the first user to try it.
  • The integration with billing software has streamlined the billing notes and saved us money over having two separate systems.
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MYOB
  • It was great when we first started using it but there was a time when MYOB stopped supporting payroll tax tables for Apple computers and so we made the switch.
  • While we were using it staying on top of all of the pesky accounting details was a breeze.
  • We were very detail oriented to begin with and had a thorough understanding of basic accounting principles but anyone without even basic knowledge can quickly set up MYOB and get running fairly quickly and provide detailed reports to their CPA or CFO consultant for a deeper analysis of their business.
Read full review
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