What users are saying about
28 Ratings
29 Ratings
28 Ratings
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Score 3.8 out of 100
29 Ratings
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Score 8.5 out of 100

Likelihood to Recommend

MYOB

For a smaller business who isn't interested in having more than one user I think MYOB can serve them well. But if they want multiple users or are using virtual assistants there are better cloud based apps that are much more affordable and have far greater enhancements as well as integrations
Stephen Lalla | TrustRadius Reviewer

Odoo

The software is really good for managing inputs and inventory as well as maintaining traceability. The "track picking moves" functionality lets you look into a specific lot or serial numbers and view all the product moves that occurred with that lot. However, some navigation is not intuitive. For example, if I click on an item in the BoM of an assembly, then click the back button to go back to the assembly, the site goes all the way back to the home screen. Some of these quirks mean that there is a learning curve for the software, but overall the tracking is very good.
Mitesh Bhalani | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

MYOB
1.4
Odoo
7.1
Pay calculation
MYOB
2.0
Odoo
7.6
Benefit plan administration
MYOB
1.0
Odoo
6.0
Direct deposit files
MYOB
1.0
Odoo
6.9
Salary revision and increment management
MYOB
1.0
Odoo
7.3
Reimbursement management
MYOB
2.0
Odoo
7.7

Customization

MYOB
4.5
Odoo
8.4
API for custom integration
MYOB
4.0
Odoo
8.3
Plug-ins
MYOB
5.0
Odoo
8.6

Security

MYOB
6.1
Odoo
8.8
Single sign-on capability
MYOB
6.4
Odoo
8.4
Role-based user permissions
MYOB
5.8
Odoo
9.2

Reporting & Analytics

MYOB
5.6
Odoo
8.7
Dashboards
MYOB
3.3
Odoo
9.2
Standard reports
MYOB
7.1
Odoo
9.2
Custom reports
MYOB
6.5
Odoo
7.7

General Ledger and Configurable Accounting

MYOB
4.5
Odoo
8.6
Accounts payable
MYOB
5.4
Odoo
8.9
Accounts receivable
MYOB
6.4
Odoo
9.0
Cash management
MYOB
5.4
Odoo
Bank reconciliation
MYOB
7.0
Odoo
Expense management
MYOB
7.4
Odoo
Time tracking
MYOB
1.0
Odoo
Fixed asset management
MYOB
5.5
Odoo
Multi-currency support
MYOB
1.0
Odoo
Multi-division support
MYOB
1.0
Odoo
Regulations compliance
MYOB
5.0
Odoo
Electronic tax filing
MYOB
5.0
Odoo
Self-service portal
MYOB
4.0
Odoo
Global Financial Support
MYOB
Odoo
7.4
Primary and Secondary Ledgers
MYOB
Odoo
8.8
Intercompany Accounting
MYOB
Odoo
8.7
Localizations
MYOB
Odoo
7.7
Journals and Reconciliations
MYOB
Odoo
8.9
Enterprise Accounting
MYOB
Odoo
8.5
Configurable Accounting
MYOB
Odoo
8.9
Centralized Rules Framework
MYOB
Odoo
8.7
Standardized Processes
MYOB
Odoo
9.1

Inventory Management

MYOB
1.5
Odoo
8.5
Inventory tracking
MYOB
3.0
Odoo
8.9
Automatic reordering
MYOB
1.0
Odoo
7.8
Location management
MYOB
1.0
Odoo
8.8
Manufacturing module
MYOB
1.0
Odoo
8.6

Order Management

MYOB
4.9
Odoo
8.8
Pricing
MYOB
6.1
Odoo
9.2
Order entry
MYOB
6.5
Odoo
8.8
Credit card processing
MYOB
1.0
Odoo
8.5
Cost of goods sold
MYOB
6.0
Odoo
8.7
Order Orchestration
MYOB
Odoo
8.3
End-to-end order visibility
MYOB
Odoo
9.0
Order exception Resolution
MYOB
Odoo
8.9

Subledger and Financial Process

MYOB
Odoo
8.6
Automated Invoice Processing
MYOB
Odoo
9.0
Shared Services Payments
MYOB
Odoo
8.8
Billings Management
MYOB
Odoo
8.9
Customer Receipt Applications
MYOB
Odoo
8.4
Customer Collections
MYOB
Odoo
8.9
Revenue Recognition
MYOB
Odoo
8.9
Cash Management
MYOB
Odoo
7.2
Asset Management
MYOB
Odoo
8.3
Travel & Expense Management
MYOB
Odoo
7.4
Budgetary Control & Encumbrance Accounting
MYOB
Odoo
8.8
Period Close
MYOB
Odoo
8.8
Transactions Tax
MYOB
Odoo
9.2
Subledger Reconciliations
MYOB
Odoo
8.8
3rd Party Accounting Systems
MYOB
Odoo
8.7

Project Financial Management

MYOB
Odoo
7.7
Budgeting and Forecasting
MYOB
Odoo
7.9
Project Costing
MYOB
Odoo
8.6
Cost Capture
MYOB
Odoo
7.7
Capital Project Management
MYOB
Odoo
7.5
Customer Invoicing
MYOB
Odoo
8.6
Customer Contract Compliance
MYOB
Odoo
8.1
Project Revenue Recognition
MYOB
Odoo
7.9
Project Financial Performance Analysis
MYOB
Odoo
8.0
Project Financials Dashboard
MYOB
Odoo
7.6
Real-time Financial Reporting
MYOB
Odoo
7.7
Embedded Business Intelligence
MYOB
Odoo
6.1
Project Planning Collaboration
MYOB
Odoo
6.2

Project Execution Management

MYOB
Odoo
8.1
Project Planning and Scheduling
MYOB
Odoo
9.1
Project Manager Dashboard
MYOB
Odoo
9.1
Resource Manager Dashboard
MYOB
Odoo
8.9
Task Insight for Project Managers
MYOB
Odoo
8.9
Project Manager Mobile Functionality
MYOB
Odoo
8.6
Team Member Task Collaboration
MYOB
Odoo
8.7
Team Member Mobile Functionality
MYOB
Odoo
8.6
Project Candidate Search
MYOB
Odoo
7.3
Project Candidate Comparison and Analysis
MYOB
Odoo
7.3
Defineable Resource Pools
MYOB
Odoo
6.9
Defineable Resource Pools
MYOB
Odoo
6.6
Talent Profiles
MYOB
Odoo
7.1
Real-Time Project Reporting
MYOB
Odoo
7.3
Absence Management
MYOB
Odoo
8.1
Product Lifecycle Management
MYOB
Odoo
8.2

Grants Management

MYOB
Odoo
7.3
Award Lifecycle Management
MYOB
Odoo
7.3
Spending Control
MYOB
Odoo
6.9
Indirect Cost Management
MYOB
Odoo
7.3
Billing
MYOB
Odoo
7.7

Procurement

MYOB
Odoo
8.2
Sourcing Team Collaboration
MYOB
Odoo
8.3
Sourcing Analysis
MYOB
Odoo
7.7
Bids Analyzed and Compared
MYOB
Odoo
7.5
Catalog Shopping E-Commerce for Employees
MYOB
Odoo
8.3
Contract Authoring
MYOB
Odoo
8.3
Contract Compliance Management
MYOB
Odoo
8.4
Contract History
MYOB
Odoo
8.3
Contract Renewal Automation
MYOB
Odoo
7.9
Contract Repository
MYOB
Odoo
8.4
Contract Standardization and Enforcement
MYOB
Odoo
8.2
Electronic Signatures
MYOB
Odoo
8.1
Invoice Automated Matching
MYOB
Odoo
8.4
Purchasing Risk and Compliance Management
MYOB
Odoo
8.5
Requisitions-to-Purchase Orders Integrated
MYOB
Odoo
8.3
Spend Compliance Management
MYOB
Odoo
7.8
Supplier Assessment
MYOB
Odoo
8.4
Supplier Communication and Collaboration
MYOB
Odoo
8.4
Supplier Management
MYOB
Odoo
7.9
Supplier Portal
MYOB
Odoo
8.4

Risk Management

MYOB
Odoo
9.4
Risk Repository
MYOB
Odoo
9.7
Control Management
MYOB
Odoo
9.7
Control Mapping
MYOB
Odoo
8.7
Control Efficiency Assessments
MYOB
Odoo
8.8
Automated Control Assessments
MYOB
Odoo
9.7
Assessment Capture
MYOB
Odoo
8.7
Issue Detection
MYOB
Odoo
9.7
Automatic Notification
MYOB
Odoo
9.9
Remediation and Certification
MYOB
Odoo
9.7

Logistics

MYOB
Odoo
6.4
Transportation Planning and Optimization
MYOB
Odoo
6.0
Transportation Sourcing Management
MYOB
Odoo
6.1
Transportation Process Integration
MYOB
Odoo
6.0
Transportation Execution Management
MYOB
Odoo
6.0
Freight Payment Automation
MYOB
Odoo
6.0
Trade Management
MYOB
Odoo
6.0
Trade Regulatory Compliance Management
MYOB
Odoo
5.0
Customs Entry Management
MYOB
Odoo
7.0
Customs Document Management
MYOB
Odoo
7.0
Customs Document Collaboration
MYOB
Odoo
7.0
Fulfillment Management
MYOB
Odoo
6.8
Inventory Visibility
MYOB
Odoo
7.3
Warehouse Workforce Management
MYOB
Odoo
7.3

Manufacturing

MYOB
Odoo
8.2
Production Process Design
MYOB
Odoo
7.7
Supply Chain Business Flows
MYOB
Odoo
8.6
Production Management
MYOB
Odoo
8.0
Contracted Manufacturing Management
MYOB
Odoo
7.6
Configuration Management
MYOB
Odoo
8.6
Work Definition
MYOB
Odoo
8.0
Work Execution
MYOB
Odoo
8.4
Advanced Fulfillment
MYOB
Odoo
8.0
Manufacturing Costs
MYOB
Odoo
8.6

Supply Chain

MYOB
Odoo
8.5
Forecasting
MYOB
Odoo
8.5
Inventory Planning
MYOB
Odoo
8.5
Multi-tier Supply Chain Planning
MYOB
Odoo
8.5
Performance Monitoring
MYOB
Odoo
8.5

Product Lifecycle Management

MYOB
Odoo
7.6
Ideation Management
MYOB
Odoo
7.0
Requirements Management
MYOB
Odoo
7.1
Proposal Management
MYOB
Odoo
7.5
Innovation Portfolio Management
MYOB
Odoo
7.0
Product Master Data Management
MYOB
Odoo
7.5
Vendor Portal
MYOB
Odoo
8.4
Project Portfolio Management
MYOB
Odoo
8.4

Pros

MYOB

  • Invoices
  • Purchase Orders
Anonymous | TrustRadius Reviewer

Odoo

  • Keeping a detailed record of all staff.
  • The application can be extended with modules.
  • Simple and intuitive.
  • Simple implementation
  • Relatively inexpensive.
Marouane Tohme | TrustRadius Reviewer

Cons

MYOB

  • Allows the client to manipulate dates when that can screw up their books
  • constantly freezes which causes the file to be corrupt
  • force balances the balance sheet
Kati Hesley | TrustRadius Reviewer

Odoo

  • Community version is sometimes hard to maintain, needs some on-premise knowledge (IT) or having business with an Odoo partner that is sometimes expensive and unreliable.
  • Enterprise version is as expensive as other ERP in the market.
  • Reporting is horrible, not a lot of possibility to integrate seamlessly with a third party BI platform.
David MacDonald | TrustRadius Reviewer

Likelihood to Renew

MYOB

MYOB 9.5
Based on 2 answers
We have been looking in to other cloud based accounting options.
Anonymous | TrustRadius Reviewer

Odoo

No score
No answers yet
No answers on this topic

Usability

MYOB

MYOB 10.0
Based on 1 answer
It is easy to use - I just don't agree with restrictions and functionality
Kati Hesley | TrustRadius Reviewer

Odoo

No score
No answers yet
No answers on this topic

Support Rating

MYOB

MYOB 1.0
Based on 1 answer
They aren't willing to help at all unless you pay
Kati Hesley | TrustRadius Reviewer

Odoo

No score
No answers yet
No answers on this topic

Alternatives Considered

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.
Stephen Lalla | TrustRadius Reviewer

Odoo

While comparing Direkto with the Odoo, I'd say, only consideration of the UI is enough to see the vital advantage of the latter. Moreover, the specific functions are way [more] easily searchable through the Odoo than in Direkto.
Anonymous | TrustRadius Reviewer

Return on Investment

MYOB

  • MYOB dropped software updates for Apple IOS
  • Lack of software updates / support had a MAJOR NEGATIVE IMPACT
Anonymous | TrustRadius Reviewer

Odoo

  • Easy tracking of customers from prospects to sales.
  • Easy repeat orders customer follow-ups. All historical transactions and communications in one place.
Franz Josef Bautista | TrustRadius Reviewer

Screenshots

Pricing Details

MYOB

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Odoo

General

Free Trial
Yes
Free/Freemium Version
Yes
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Optional
$20*

* per app/ per user/ per month

Rating Summary

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