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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    M1

    Score7.7 out of 10
    N/AM1, from ECI Software Solutions headquartered in Ft. Worth, is an all-in-one manufacturing ERP software solution, built for small and medium-sized discrete manufacturers.N/A

    MYOB

    Score8.3 out of 10
    N/AMYOB 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
    M1MYOB
    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
    M1MYOB
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    M1MYOB
    Considered Both Products
    ECI Software Solutions
    No answer on this topic
    MYOB
    No answer on this topic
    Key User Insights
    Would buy again
    80%
    Would buy again
    24 Answers
    50%
    Would buy again
    7 Answers
    Delivers good value for the price
    96%
    Delivers good value for the price
    24 Answers
    50%
    Delivers good value for the price
    6 Answers
    Happy with the feature set
    87%
    Happy with the feature set
    26 Answers
    71%
    Happy with the feature set
    10 Answers
    Lived up to sales and marketing promises
    62%
    Lived up to sales and marketing promises
    13 Answers
    50%
    Lived up to sales and marketing promises
    7 Answers
    Implementation went as expected
    50%
    Implementation went as expected
    13 Answers
    64%
    Implementation went as expected
    9 Answers
    Features
    M1MYOB
    Payroll Management
    Comparison of Payroll Management features of M1 and MYOB
    Feature
    M1
    6.3
    8 Ratings
    18% below category average
    MYOB
    10.0
    12 Ratings
    28% above category average
    Pay calculation6.58 Ratings10.012 Ratings
    Benefit plan administration4.83 Ratings10.08 Ratings
    Direct deposit files7.55 Ratings10.010 Ratings
    Salary revision and increment management00 Ratings10.08 Ratings
    Reimbursement management00 Ratings10.08 Ratings
    Customization
    Comparison of Customization features of M1 and MYOB
    Feature
    M1
    7.3
    18 Ratings
    3% below category average
    MYOB
    10.0
    7 Ratings
    28% above category average
    API for custom integration7.415 Ratings10.07 Ratings
    Plug-ins7.111 Ratings10.06 Ratings
    Security
    Comparison of Security features of M1 and MYOB
    Feature
    M1
    8.1
    27 Ratings
    4% below category average
    MYOB
    10.0
    12 Ratings
    20% above category average
    Single sign-on capability8.615 Ratings10.011 Ratings
    Role-based user permissions7.727 Ratings10.012 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of M1 and MYOB
    Feature
    M1
    7.2
    28 Ratings
    4% below category average
    MYOB
    10.0
    12 Ratings
    24% above category average
    Dashboards7.326 Ratings10.011 Ratings
    Standard reports7.228 Ratings10.012 Ratings
    Custom reports7.127 Ratings10.011 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of M1 and MYOB
    Feature
    M1
    7.5
    26 Ratings
    3% below category average
    MYOB
    9.1
    16 Ratings
    18% above category average
    Accounts payable7.825 Ratings10.016 Ratings
    Accounts receivable7.526 Ratings10.016 Ratings
    Global Financial Support7.59 Ratings10.06 Ratings
    Primary and Secondary Ledgers7.716 Ratings10.08 Ratings
    Journals and Reconciliations6.821 Ratings10.012 Ratings
    Configurable Accounting7.618 Ratings10.09 Ratings
    Standardized Processes7.819 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 M1 and MYOB
    Feature
    M1
    8.2
    26 Ratings
    3% above category average
    MYOB
    10.0
    9 Ratings
    31% above category average
    Inventory tracking8.326 Ratings10.09 Ratings
    Automatic reordering8.715 Ratings10.06 Ratings
    Location management7.521 Ratings10.06 Ratings
    Manufacturing module00 Ratings10.06 Ratings
    Order Management
    Comparison of Order Management features of M1 and MYOB
    Feature
    M1
    7.8
    26 Ratings
    2% below category average
    MYOB
    10.0
    7 Ratings
    30% above category average
    Pricing7.726 Ratings10.07 Ratings
    Order entry8.326 Ratings10.07 Ratings
    Credit card processing7.310 Ratings10.06 Ratings
    Cost of goods sold7.917 Ratings10.07 Ratings
    Order Orchestration7.913 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 M1 and MYOB
    Feature
    M1
    7.4
    21 Ratings
    2% below category average
    MYOB
    -
    Ratings
    Billing Management8.420 Ratings00 Ratings
    Cash and Asset Management8.217 Ratings00 Ratings
    Travel & Expense Management5.09 Ratings00 Ratings
    Budgetary Control & Encumbrance Accounting7.213 Ratings00 Ratings
    Period Close7.921 Ratings00 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of M1 and MYOB
    Feature
    M1
    6.3
    16 Ratings
    12% below category average
    MYOB
    -
    Ratings
    Project Planning and Scheduling7.916 Ratings00 Ratings
    Task Insight for Project Managers7.810 Ratings00 Ratings
    Project Mobile Functionality4.67 Ratings00 Ratings
    Definable Resource Pools4.89 Ratings00 Ratings
    Grants Management
    Comparison of Grants Management features of M1 and MYOB
    Feature
    M1
    2.7
    2 Ratings
    94% below category average
    MYOB
    -
    Ratings
    Award Lifecycle Management2.72 Ratings00 Ratings
    Procurement
    Comparison of Procurement features of M1 and MYOB
    Feature
    M1
    7.1
    18 Ratings
    0% below category average
    MYOB
    -
    Ratings
    Bids Analyzed and Compared6.27 Ratings00 Ratings
    Contract Authoring7.64 Ratings00 Ratings
    Contract Repository6.46 Ratings00 Ratings
    Requisitions-to-Purchase Orders Integrated7.710 Ratings00 Ratings
    Supplier Management7.518 Ratings00 Ratings
    Risk Management
    Comparison of Risk Management features of M1 and MYOB
    Feature
    M1
    5.2
    4 Ratings
    26% below category average
    MYOB
    -
    Ratings
    Risk Repository6.52 Ratings00 Ratings
    Control Management6.14 Ratings00 Ratings
    Control Efficiency Assessments4.94 Ratings00 Ratings
    Issue Detection4.13 Ratings00 Ratings
    Remediation and Certification4.33 Ratings00 Ratings
    Logistics
    Comparison of Logistics features of M1 and MYOB
    Feature
    M1
    4.0
    10 Ratings
    55% below category average
    MYOB
    -
    Ratings
    Transportation Planning and Optimization2.24 Ratings00 Ratings
    Transportation Execution Management2.54 Ratings00 Ratings
    Trade and Customs Management4.73 Ratings00 Ratings
    Fulfillment Management4.98 Ratings00 Ratings
    Warehouse Workforce Management5.58 Ratings00 Ratings
    Manufacturing
    Comparison of Manufacturing features of M1 and MYOB
    Feature
    M1
    7.1
    27 Ratings
    5% below category average
    MYOB
    -
    Ratings
    Production Process Design5.519 Ratings00 Ratings
    Production Management7.422 Ratings00 Ratings
    Configuration Management7.119 Ratings00 Ratings
    Work Execution7.720 Ratings00 Ratings
    Manufacturing Costs7.626 Ratings00 Ratings
    Supply Chain
    Comparison of Supply Chain features of M1 and MYOB
    Feature
    M1
    8.1
    20 Ratings
    10% above category average
    MYOB
    -
    Ratings
    Forecasting7.814 Ratings00 Ratings
    Inventory Planning7.720 Ratings00 Ratings
    Performance Monitoring8.715 Ratings00 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of M1 and MYOB
    Feature
    M1
    5.9
    9 Ratings
    22% below category average
    MYOB
    -
    Ratings
    Proposal Management4.96 Ratings00 Ratings
    Product Master Data Management7.09 Ratings00 Ratings
    Best Alternatives
    M1MYOB
    Small Businesses
    Zoho One
    Score9.2 out of 10
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    Zoho One
    Score9.2 out of 10
    Accounting Seed
    Score9 out of 10
    Enterprises
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    M1MYOB
    Likelihood to Recommend
    7.7
    (30 ratings)
    9.0
    (19 ratings)
    Likelihood to Renew
    10.0
    (1 ratings)
    9.5
    (2 ratings)
    Usability
    6.0
    (30 ratings)
    10.0
    (15 ratings)
    Support Rating
    10.0
    (1 ratings)
    1.2
    (14 ratings)
    Implementation Rating
    -
    (0 ratings)
    5.0
    (1 ratings)
    Ease of integration
    -
    (0 ratings)
    1.0
    (1 ratings)
    User Testimonials
    M1MYOB
    Likelihood to Recommend
    ECI Software Solutions
    The M1 ERP is tailored for small to medium organizations, offering good features at least in the components utilized by my organization such as customizable workflows, user-friendly dashboards, ability to process orders, and track the entire orders lifecycle. It also has good customer interaction features in the CRM part. It provides robust data security, and offers scalable modules to grow with your business. Implementation is not challenging if you don't have so many customizations in the software.
    Incentivized
    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.
    Incentivized
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    Pros
    ECI Software Solutions
    • Allows for component parts to be scheduled independently through the plant
    • Once parts are built, it is easy to duplicate/reuse parts across they quoting and ordering modules and customers
    • If used properly and consistently, M1 will provide accurate job cost analysis to determine estimating, training, efficiency and other issues.
    Incentivized
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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.
    Incentivized
    Read full review
    Cons
    ECI Software Solutions
    • Some of the functions are pretty detailed - and so they take a while to generate screens and pages in reports.
    • We actually use it for 2 companies we own - and it would be nice if the inter company communication was a little smoother. It's hard to share some data, and not everything is possible to be shared.
    • Customized reports need to backed up before any updates to M1 or they're lost. It seems M1 overwrites the report folders everytime you run an update - so you have to keep track of what you've changed in Crystal Reports and restore it.
    Incentivized
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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
    Incentivized
    Read full review
    Likelihood to Renew
    ECI Software Solutions
    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
    Incentivized
    Read full review
    Usability
    ECI Software Solutions
    Because it would be helpful if ECI would provide better documentation, communication and workflows to understand how each field interacts within the system and how each of those touch other areas within M1. It would also be useful if ECI would provide prescheduled training for how to customize things with M1 through Design Studio
    Incentivized
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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.
    Incentivized
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    Support Rating
    ECI Software Solutions
    Support has been great and timely
    Incentivized
    Read full review
    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
    ECI Software Solutions
    M1 is light years ahead in overall cost and proficiency. It allows so much more control and flexibility as compared to its competitors. When choosing M1 we went through many demos and M1 was the only ERP that met our needs and still does. We also control our own data which is a big plus for us.
    Incentivized
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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.
    Incentivized
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    Return on Investment
    ECI Software Solutions
    • Time savings having to only enter certain information once and have it follow through the entire order process from quote to cash
    Incentivized
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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.
    Incentivized
    Read full review
    ScreenShots

    M1 Screenshots

    Product screenshotProduct screenshot