Kashflow vs. MYOB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Kashflow
Score 8.0 out of 10
N/A
Kashflow is cloud-based accounting automation software from the company of the same name based in London. It is targeted to suit the needs of small businesses in the UK. Billed as being easy for non-accountants to use, with no "accounting jargon," it's core features are an intuitive dashboard with simple reporting features for giving a clear overview of a business. It automates expense management and tracks payments (with automated reminders), automates quotes, handles banking and supports…
$12.50
per month
MYOB
Score 8.3 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
KashflowMYOB
Editions & Modules
Starter
$12.50
per month
Business
$25.50
per month
Business + Payroll
$34
per month
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
KashflowMYOB
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsThe first six months of the subscription period are discounted for new buyers.
More Pricing Information
Community Pulse
KashflowMYOB
Features
KashflowMYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Kashflow
6.2
1 Ratings
20% below category average
MYOB
10.0
12 Ratings
28% above category average
Pay calculation7.01 Ratings10.012 Ratings
Benefit plan administration6.01 Ratings10.08 Ratings
Direct deposit files6.01 Ratings10.010 Ratings
Salary revision and increment management6.01 Ratings10.08 Ratings
Reimbursement management6.01 Ratings10.08 Ratings
Customization
Comparison of Customization features of Product A and Product B
Kashflow
5.5
1 Ratings
32% below category average
MYOB
10.0
7 Ratings
28% above category average
API for custom integration6.01 Ratings10.07 Ratings
Plug-ins5.01 Ratings10.06 Ratings
Security
Comparison of Security features of Product A and Product B
Kashflow
6.0
1 Ratings
31% below category average
MYOB
10.0
12 Ratings
20% above category average
Single sign-on capability6.01 Ratings10.011 Ratings
Role-based user permissions6.01 Ratings10.012 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Kashflow
5.3
1 Ratings
38% below category average
MYOB
10.0
12 Ratings
24% above category average
Dashboards6.01 Ratings10.011 Ratings
Standard reports5.01 Ratings10.012 Ratings
Custom reports5.01 Ratings10.011 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Kashflow
6.3
1 Ratings
19% below category average
MYOB
9.1
16 Ratings
18% above category average
Accounts payable7.01 Ratings10.016 Ratings
Accounts receivable7.01 Ratings10.016 Ratings
Cash management7.01 Ratings10.015 Ratings
Bank reconciliation7.01 Ratings10.016 Ratings
Expense management8.01 Ratings10.012 Ratings
Fixed asset management3.01 Ratings10.09 Ratings
Multi-currency support7.01 Ratings10.08 Ratings
Multi-division support7.01 Ratings10.07 Ratings
Regulations compliance6.01 Ratings10.09 Ratings
Localizations6.01 Ratings10.06 Ratings
Journals and Reconciliations6.01 Ratings10.012 Ratings
Enterprise Accounting6.01 Ratings2.84 Ratings
Configurable Accounting6.01 Ratings10.09 Ratings
Centralized Rules Framework6.01 Ratings10.04 Ratings
Standardized Processes5.01 Ratings10.08 Ratings
Time tracking00 Ratings6.07 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
Order Management
Comparison of Order Management features of Product A and Product B
Kashflow
6.0
1 Ratings
21% below category average
MYOB
10.0
7 Ratings
30% above category average
Credit card processing6.01 Ratings10.06 Ratings
Cost of goods sold6.01 Ratings10.07 Ratings
Order exception Resolution6.01 Ratings10.05 Ratings
Pricing00 Ratings10.07 Ratings
Order entry00 Ratings10.07 Ratings
Order Orchestration00 Ratings10.05 Ratings
End-to-end order visibility00 Ratings10.05 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Kashflow
-
Ratings
MYOB
10.0
9 Ratings
31% above category average
Inventory tracking00 Ratings10.09 Ratings
Automatic reordering00 Ratings10.06 Ratings
Location management00 Ratings10.06 Ratings
Manufacturing module00 Ratings10.06 Ratings
Best Alternatives
KashflowMYOB
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 4.5 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 4.5 out of 10
Medium-sized Companies
Intuit Enterprise Suite
Intuit Enterprise Suite
Score 9.1 out of 10
Intuit Enterprise Suite
Intuit Enterprise Suite
Score 9.1 out of 10
Enterprises
SAP Cloud ERP (SAP S/4HANA Cloud)
SAP Cloud ERP (SAP S/4HANA Cloud)
Score 8.6 out of 10
SAP Business One
SAP Business One
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
KashflowMYOB
Likelihood to Recommend
7.0
(1 ratings)
9.0
(19 ratings)
Likelihood to Renew
-
(0 ratings)
9.5
(2 ratings)
Usability
-
(0 ratings)
10.0
(15 ratings)
Support Rating
-
(0 ratings)
1.2
(14 ratings)
Implementation Rating
-
(0 ratings)
5.0
(1 ratings)
Ease of integration
-
(0 ratings)
1.0
(1 ratings)
User Testimonials
KashflowMYOB
Likelihood to Recommend
Kashflow
Perfect for a SME, less so for larger companies with a lot of staff. A reliable application, with few outages and easy to learn how to use for a variety of staff in different positions. Mobile phone app has been bit of a disappointment. Management reporting functionality could be improved.
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.
Read full review
Pros
Kashflow
  • Ease of entering purchase data.
  • Ease of creating quotes and invoices.
  • Email integration.
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
Kashflow
  • Can be difficult to find information within the application.
  • Some of the reporting functionality is weak.
  • Functionality for financial planning could be significantly improved upon.
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
Kashflow
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
Kashflow
No answers on this topic
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.
Read full review
Support Rating
Kashflow
No answers on this topic
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.
Read full review
Alternatives Considered
Kashflow
We received an offer for a discounted license for initial use and pretty much got so used to Kashflow, that we have continued with it. There are some frustrations with it, in particular the ability to search and find information. The reporting functionality is also a bit of a disappointment. However, easy for day to day use for the staff and just about sufficient for monthly planning. Some of the integrations like Payroll are not bad.
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.
Read full review
Return on Investment
Kashflow
  • Reliable system
  • Minimizes time spent training staff in use
  • Good for cash position management
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