Microsoft Dynamics 365 Business Central vs. MYOB

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Microsoft Dynamics 365 Business Central
Score 8.0 out of 10
N/A
Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family. The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies in the manufacturing and distribution verticals.
$8
per month per user
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
Microsoft Dynamics 365 Business CentralMYOB
Editions & Modules
Dynamics 365 Business Central Team Members
$8
per month (billed annually) per user
Dynamics 365 Business Central Essentials
$70
per month (billed annually) per user
Dynamics 365 Business Central Premium
$100
per month (billed annually) per user
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
Microsoft Dynamics 365 Business CentralMYOB
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Microsoft Dynamics 365 Business CentralMYOB
Features
Microsoft Dynamics 365 Business CentralMYOB
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
6.8
10 Ratings
8% below category average
MYOB
10.0
12 Ratings
28% above category average
Pay calculation7.010 Ratings10.012 Ratings
Benefit plan administration6.18 Ratings10.08 Ratings
Direct deposit files7.09 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
Microsoft Dynamics 365 Business Central
7.6
23 Ratings
2% above category average
MYOB
10.0
7 Ratings
28% above category average
API for custom integration7.622 Ratings10.07 Ratings
Plug-ins7.720 Ratings10.06 Ratings
Security
Comparison of Security features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.8
27 Ratings
5% above category average
MYOB
10.0
12 Ratings
20% above category average
Single sign-on capability8.823 Ratings10.011 Ratings
Role-based user permissions8.926 Ratings10.012 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.6
28 Ratings
4% above category average
MYOB
10.0
12 Ratings
25% above category average
Dashboards7.424 Ratings10.011 Ratings
Standard reports7.728 Ratings10.012 Ratings
Custom reports7.827 Ratings10.011 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.4
28 Ratings
9% above category average
MYOB
9.1
16 Ratings
18% above category average
Accounts payable8.827 Ratings10.016 Ratings
Accounts receivable8.626 Ratings10.016 Ratings
Global Financial Support7.715 Ratings10.06 Ratings
Primary and Secondary Ledgers8.314 Ratings10.08 Ratings
Journals and Reconciliations8.317 Ratings10.012 Ratings
Configurable Accounting7.717 Ratings10.09 Ratings
Standardized Processes8.618 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
Microsoft Dynamics 365 Business Central
8.6
24 Ratings
8% above category average
MYOB
10.0
9 Ratings
31% above category average
Inventory tracking8.424 Ratings10.09 Ratings
Automatic reordering7.916 Ratings10.06 Ratings
Location management8.320 Ratings10.06 Ratings
Manufacturing module00 Ratings10.06 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.0
26 Ratings
2% above category average
MYOB
10.0
7 Ratings
29% above category average
Pricing8.323 Ratings10.07 Ratings
Order entry8.623 Ratings10.07 Ratings
Credit card processing6.715 Ratings10.06 Ratings
Cost of goods sold8.921 Ratings10.07 Ratings
Order Orchestration8.512 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
Microsoft Dynamics 365 Business Central
8.1
18 Ratings
8% above category average
MYOB
-
Ratings
Billing Management8.116 Ratings00 Ratings
Cash and Asset Management8.317 Ratings00 Ratings
Travel & Expense Management7.212 Ratings00 Ratings
Budgetary Control & Encumbrance Accounting8.114 Ratings00 Ratings
Period Close8.017 Ratings00 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.7
8 Ratings
14% above category average
MYOB
-
Ratings
Budgeting and Forecasting10.08 Ratings00 Ratings
Project Costing10.07 Ratings00 Ratings
Cost Capture10.08 Ratings00 Ratings
Capital Project Management8.05 Ratings00 Ratings
Customer Contract Compliance10.06 Ratings00 Ratings
Project Revenue Recognition8.04 Ratings00 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.5
10 Ratings
6% above category average
MYOB
-
Ratings
Project Planning and Scheduling7.29 Ratings00 Ratings
Task Insight for Project Managers6.89 Ratings00 Ratings
Project Mobile Functionality6.88 Ratings00 Ratings
Definable Resource Pools6.69 Ratings00 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.9
7 Ratings
19% above category average
MYOB
-
Ratings
Award Lifecycle Management6.77 Ratings00 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.8
14 Ratings
11% above category average
MYOB
-
Ratings
Bids Analyzed and Compared6.88 Ratings00 Ratings
Contract Authoring6.68 Ratings00 Ratings
Contract Repository7.08 Ratings00 Ratings
Requisitions-to-Purchase Orders Integrated7.912 Ratings00 Ratings
Supplier Management7.211 Ratings00 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.2
10 Ratings
21% above category average
MYOB
-
Ratings
Risk Repository6.89 Ratings00 Ratings
Control Management6.99 Ratings00 Ratings
Control Efficiency Assessments6.89 Ratings00 Ratings
Issue Detection7.29 Ratings00 Ratings
Remediation and Certification7.57 Ratings00 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.5
8 Ratings
9% above category average
MYOB
-
Ratings
Transportation Planning and Optimization6.76 Ratings00 Ratings
Transportation Execution Management6.76 Ratings00 Ratings
Trade and Customs Management7.36 Ratings00 Ratings
Fulfillment Management7.28 Ratings00 Ratings
Warehouse Workforce Management8.56 Ratings00 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.8
8 Ratings
5% above category average
MYOB
-
Ratings
Production Process Design8.56 Ratings00 Ratings
Production Management8.27 Ratings00 Ratings
Configuration Management6.76 Ratings00 Ratings
Work Execution8.56 Ratings00 Ratings
Manufacturing Costs7.98 Ratings00 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
Microsoft Dynamics 365 Business Central
7.6
10 Ratings
6% above category average
MYOB
-
Ratings
Forecasting6.710 Ratings00 Ratings
Inventory Planning7.710 Ratings00 Ratings
Performance Monitoring7.010 Ratings00 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
Microsoft Dynamics 365 Business Central
8.9
7 Ratings
21% above category average
MYOB
-
Ratings
Proposal Management7.36 Ratings00 Ratings
Product Master Data Management8.06 Ratings00 Ratings
Best Alternatives
Microsoft Dynamics 365 Business CentralMYOB
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
Microsoft Dynamics 365 Business CentralMYOB
Likelihood to Recommend
8.3
(29 ratings)
8.9
(19 ratings)
Likelihood to Renew
10.0
(1 ratings)
9.5
(2 ratings)
Usability
8.5
(9 ratings)
9.9
(15 ratings)
Availability
8.0
(1 ratings)
-
(0 ratings)
Support Rating
10.0
(2 ratings)
1.2
(14 ratings)
Implementation Rating
-
(0 ratings)
5.0
(1 ratings)
Ease of integration
-
(0 ratings)
1.0
(1 ratings)
User Testimonials
Microsoft Dynamics 365 Business CentralMYOB
Likelihood to Recommend
Microsoft
Microsoft Dynamics 365 Business Central is well suited for inventory management in all aspects. Its accessibility, along with my other apps, when out of the office is unparalleled. I find it easy to work with on a desktop or laptop; however, it could use some work on a mobile device.
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
Microsoft
  • Automate the creation of bills of materials for production. We can now generate a BoM from a sales order.
  • Organization of all data pertaining to thousands of parts, assemblies, and finished goods. Engineering and purchasing have a common portal.
  • We can create sales orders from quotations instead of re-entering them (this did require some bolt-on software). Less redundant work with fewer entry errors.
  • Accounting can provide reports based on specific criteria stored in NAV. We can pull better and more detailed intelligence.
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
Microsoft
  • Some functions could be a bit more user friendly, intuitive.
  • Better migration from previous ERP software (especially other Microsoft products). "Growing pains" associated with change?! Maybe.
  • A few redundancies and procedural missteps on menus and tabs can make the portal a bit crowded.
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
Microsoft
We've already decided to continue using this software. It is too expensive for us to upgrade so we made a workaround by using the virtual computer with Windows XP installed on it. We did research replacing this software, but it was a better financial decision to keep what we had instead
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
Microsoft
Best in terms of reporting or coming up with a great dashboard. Seamlessly collaborated with teams without depending on particular device as its web version is the buddy for people with work flexibility. Licensing price and integrations can be the areas of improvement and can simplify the interface which will be easy for a new user.
Read full review
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
Microsoft
It provides one to efficiently be able to manage bookkeeping and inventory without much challenges. One can easily navigate through workflow processes while managing usages and budgets. Being able to produce reports in Word, Excel or PDF means one is able to have a working document to produce trends and graphs or produce pivot tables.
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
Microsoft
I have personally supported all of the Dynamic family of ERP systems and made the decision to concentrate on NAV as the solution of choice. From a support and development standpoint there are few if any packages that can compare. It is not uncommon for most of the companies that I support to only call me once or twice a month after the first year. This is due to the ease of tracking down problems and errors and the ability for a developer to provide the end-user with routines that automatically correct the most basic kind of error
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
Microsoft
  • Automation processing, including EDI functionality, has increased employee efficiency and prevented the need for adding additional employees.
  • Implementation of the warehouse functionality, including cycle counts, has resulted in better inventory control/less shrinkage.
  • Implementation of e-Ship and e-Receive, has resulted in greater efficiency and order accuracy.
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