What users are saying about
67 Ratings
64 Ratings
67 Ratings
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Score 6.2 out of 100
64 Ratings
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Score 6.9 out of 100

Feature Set Ratings

  • MYOB ranks higher in 7 feature sets: Payroll Management, Customization, Security, Reporting & Analytics, General Ledger and Configurable Accounting, Inventory Management, Order Management

Payroll Management

6.6

MYOB

66%
2.2

Odoo

22%
MYOB ranks higher in 5/5 features

Pay calculation

7.1
71%
11 Ratings
2.3
23%
7 Ratings

Benefit plan administration

6.5
65%
7 Ratings
1.9
19%
7 Ratings

Direct deposit files

6.8
68%
9 Ratings
2.1
21%
7 Ratings

Salary revision and increment management

6.5
65%
7 Ratings
2.3
23%
7 Ratings

Reimbursement management

6.2
62%
7 Ratings
2.3
23%
7 Ratings

Customization

5.5

MYOB

55%
1.0

Odoo

10%
MYOB ranks higher in 2/2 features

API for custom integration

5.4
54%
6 Ratings
1.0
10%
6 Ratings

Plug-ins

5.5
55%
5 Ratings
1.0
10%
7 Ratings

Security

6.8

MYOB

68%
1.6

Odoo

16%
MYOB ranks higher in 2/2 features

Single sign-on capability

6.6
66%
10 Ratings
1.1
11%
5 Ratings

Role-based user permissions

7.1
71%
11 Ratings
2.1
21%
8 Ratings

Reporting & Analytics

6.0

MYOB

60%
1.8

Odoo

18%
MYOB ranks higher in 3/3 features

Dashboards

6.2
62%
10 Ratings
2.1
21%
7 Ratings

Standard reports

6.4
64%
11 Ratings
2.3
23%
7 Ratings

Custom reports

5.5
55%
10 Ratings
1.0
10%
6 Ratings

General Ledger and Configurable Accounting

5.3

MYOB

53%
1.8

Odoo

18%
MYOB ranks higher in 21/21 features

Accounts payable

6.4
64%
15 Ratings
2.5
25%
8 Ratings

Accounts receivable

6.4
64%
15 Ratings
2.5
25%
8 Ratings

Cash management

5.8
58%
14 Ratings
N/A
0 Ratings

Bank reconciliation

6.4
64%
15 Ratings
N/A
0 Ratings

Expense management

6.5
65%
11 Ratings
N/A
0 Ratings

Time tracking

5.6
56%
6 Ratings
N/A
0 Ratings

Fixed asset management

5.0
50%
8 Ratings
N/A
0 Ratings

Multi-currency support

3.3
33%
7 Ratings
N/A
0 Ratings

Multi-division support

3.7
37%
6 Ratings
N/A
0 Ratings

Regulations compliance

4.9
49%
8 Ratings
N/A
0 Ratings

Electronic tax filing

5.9
59%
9 Ratings
N/A
0 Ratings

Self-service portal

5.4
54%
7 Ratings
N/A
0 Ratings

Global Financial Support

5.9
59%
5 Ratings
2.1
21%
8 Ratings

Primary and Secondary Ledgers

5.6
56%
7 Ratings
1.8
18%
8 Ratings

Intercompany Accounting

3.9
39%
5 Ratings
1.8
18%
8 Ratings

Localizations

5.9
59%
5 Ratings
2.0
20%
7 Ratings

Journals and Reconciliations

5.8
58%
11 Ratings
1.0
10%
7 Ratings

Enterprise Accounting

4.7
47%
4 Ratings
2.1
21%
8 Ratings

Configurable Accounting

5.4
54%
8 Ratings
1.9
19%
8 Ratings

Centralized Rules Framework

3.9
39%
3 Ratings
1.0
10%
6 Ratings

Standardized Processes

5.6
56%
7 Ratings
1.0
10%
6 Ratings

Inventory Management

5.0

MYOB

50%
2.0

Odoo

20%
MYOB ranks higher in 4/4 features

Inventory tracking

6.6
66%
8 Ratings
1.8
18%
9 Ratings

Automatic reordering

4.7
47%
5 Ratings
1.0
10%
8 Ratings

Location management

4.5
45%
5 Ratings
2.3
23%
8 Ratings

Manufacturing module

4.3
43%
5 Ratings
2.7
27%
8 Ratings

Order Management

5.5

MYOB

55%
1.7

Odoo

17%
MYOB ranks higher in 7/7 features

Pricing

5.5
55%
6 Ratings
1.9
19%
8 Ratings

Order entry

5.5
55%
6 Ratings
2.7
27%
8 Ratings

Credit card processing

5.5
55%
5 Ratings
1.0
10%
6 Ratings

Cost of goods sold

5.5
55%
6 Ratings
1.9
19%
8 Ratings

Order Orchestration

5.5
55%
4 Ratings
2.1
21%
7 Ratings

End-to-end order visibility

5.5
55%
4 Ratings
1.0
10%
6 Ratings

Order exception Resolution

5.5
55%
4 Ratings
1.0
10%
6 Ratings

Subledger and Financial Process

MYOB

Feature Set Not Supported
N/A
1.4

Odoo

14%
Odoo ranks higher in 14/14 features

Automated Invoice Processing

N/A
0 Ratings
2.5
25%
7 Ratings

Shared Services Payments

N/A
0 Ratings
1.0
10%
7 Ratings

Billings Management

N/A
0 Ratings
1.9
19%
8 Ratings

Customer Receipt Applications

N/A
0 Ratings
1.8
18%
8 Ratings

Customer Collections

N/A
0 Ratings
1.8
18%
8 Ratings

Revenue Recognition

N/A
0 Ratings
1.9
19%
8 Ratings

Cash Management

N/A
0 Ratings
2.0
20%
7 Ratings

Asset Management

N/A
0 Ratings
1.0
10%
6 Ratings

Travel & Expense Management

N/A
0 Ratings
1.0
10%
6 Ratings

Budgetary Control & Encumbrance Accounting

N/A
0 Ratings
1.0
10%
6 Ratings

Period Close

N/A
0 Ratings
1.0
10%
6 Ratings

Transactions Tax

N/A
0 Ratings
1.0
10%
6 Ratings

Subledger Reconciliations

N/A
0 Ratings
1.0
10%
6 Ratings

3rd Party Accounting Systems

N/A
0 Ratings
1.0
10%
5 Ratings

Project Financial Management

MYOB

Feature Set Not Supported
N/A
1.1

Odoo

11%
Odoo ranks higher in 12/12 features

Budgeting and Forecasting

N/A
0 Ratings
1.0
10%
6 Ratings

Project Costing

N/A
0 Ratings
1.0
10%
5 Ratings

Cost Capture

N/A
0 Ratings
1.0
10%
5 Ratings

Capital Project Management

N/A
0 Ratings
1.0
10%
5 Ratings

Customer Invoicing

N/A
0 Ratings
1.0
10%
5 Ratings

Customer Contract Compliance

N/A
0 Ratings
1.0
10%
5 Ratings

Project Revenue Recognition

N/A
0 Ratings
1.0
10%
5 Ratings

Project Financial Performance Analysis

N/A
0 Ratings
1.0
10%
5 Ratings

Project Financials Dashboard

N/A
0 Ratings
2.5
25%
6 Ratings

Real-time Financial Reporting

N/A
0 Ratings
1.0
10%
5 Ratings

Embedded Business Intelligence

N/A
0 Ratings
1.0
10%
5 Ratings

Project Planning Collaboration

N/A
0 Ratings
1.0
10%
5 Ratings

Project Execution Management

MYOB

Feature Set Not Supported
N/A
1.1

Odoo

11%
Odoo ranks higher in 15/15 features

Project Planning and Scheduling

N/A
0 Ratings
1.0
10%
6 Ratings

Project Manager Dashboard

N/A
0 Ratings
1.0
10%
6 Ratings

Resource Manager Dashboard

N/A
0 Ratings
1.1
11%
5 Ratings

Task Insight for Project Managers

N/A
0 Ratings
1.1
11%
5 Ratings

Project Manager Mobile Functionality

N/A
0 Ratings
1.1
11%
5 Ratings

Team Member Task Collaboration

N/A
0 Ratings
1.1
11%
5 Ratings

Team Member Mobile Functionality

N/A
0 Ratings
1.1
11%
5 Ratings

Project Candidate Search

N/A
0 Ratings
1.1
11%
5 Ratings

Project Candidate Comparison and Analysis

N/A
0 Ratings
1.1
11%
5 Ratings

Defineable Resource Pools

N/A
0 Ratings
1.1
11%
5 Ratings

Defineable Resource Pools

N/A
0 Ratings
1.1
11%
5 Ratings

Talent Profiles

N/A
0 Ratings
1.1
11%
5 Ratings

Real-Time Project Reporting

N/A
0 Ratings
1.1
11%
5 Ratings

Absence Management

N/A
0 Ratings
1.1
11%
5 Ratings

Product Lifecycle Management

N/A
0 Ratings
1.1
11%
5 Ratings

Grants Management

MYOB

Feature Set Not Supported
N/A
1.1

Odoo

11%
Odoo ranks higher in 4/4 features

Award Lifecycle Management

N/A
0 Ratings
1.1
11%
5 Ratings

Spending Control

N/A
0 Ratings
1.1
11%
5 Ratings

Indirect Cost Management

N/A
0 Ratings
1.0
10%
6 Ratings

Billing

N/A
0 Ratings
1.0
10%
5 Ratings

Procurement

MYOB

Feature Set Not Supported
N/A
7.6

Odoo

76%
Odoo ranks higher in 19/19 features

Sourcing Team Collaboration

N/A
0 Ratings
8.3
83%
5 Ratings

Sourcing Analysis

N/A
0 Ratings
8.5
85%
4 Ratings

Bids Analyzed and Compared

N/A
0 Ratings
7.7
77%
4 Ratings

Catalog Shopping E-Commerce for Employees

N/A
0 Ratings
9.2
92%
4 Ratings

Contract Authoring

N/A
0 Ratings
9.2
92%
4 Ratings

Contract Compliance Management

N/A
0 Ratings
9.2
92%
4 Ratings

Contract History

N/A
0 Ratings
9.2
92%
4 Ratings

Contract Renewal Automation

N/A
0 Ratings
8.5
85%
4 Ratings

Contract Repository

N/A
0 Ratings
9.2
92%
4 Ratings

Contract Standardization and Enforcement

N/A
0 Ratings
9.2
92%
4 Ratings

Electronic Signatures

N/A
0 Ratings
1.1
11%
5 Ratings

Invoice Automated Matching

N/A
0 Ratings
1.1
11%
5 Ratings

Purchasing Risk and Compliance Management

N/A
0 Ratings
9.2
92%
4 Ratings

Requisitions-to-Purchase Orders Integrated

N/A
0 Ratings
1.1
11%
5 Ratings

Spend Compliance Management

N/A
0 Ratings
8.5
85%
4 Ratings

Supplier Assessment

N/A
0 Ratings
9.2
92%
4 Ratings

Supplier Communication and Collaboration

N/A
0 Ratings
9.2
92%
4 Ratings

Supplier Management

N/A
0 Ratings
8.5
85%
4 Ratings

Supplier Portal

N/A
0 Ratings
9.2
92%
4 Ratings

Risk Management

MYOB

Feature Set Not Supported
N/A
9.7

Odoo

97%
Odoo ranks higher in 9/9 features

Risk Repository

N/A
0 Ratings
10.0
100%
2 Ratings

Control Management

N/A
0 Ratings
10.0
100%
2 Ratings

Control Mapping

N/A
0 Ratings
9.0
90%
2 Ratings

Control Efficiency Assessments

N/A
0 Ratings
9.0
90%
2 Ratings

Automated Control Assessments

N/A
0 Ratings
10.0
100%
2 Ratings

Assessment Capture

N/A
0 Ratings
9.0
90%
2 Ratings

Issue Detection

N/A
0 Ratings
10.0
100%
2 Ratings

Automatic Notification

N/A
0 Ratings
10.0
100%
2 Ratings

Remediation and Certification

N/A
0 Ratings
10.0
100%
2 Ratings

Logistics

MYOB

Feature Set Not Supported
N/A
5.6

Odoo

56%
Odoo ranks higher in 13/13 features

Transportation Planning and Optimization

N/A
0 Ratings
6.0
60%
2 Ratings

Transportation Sourcing Management

N/A
0 Ratings
6.0
60%
2 Ratings

Transportation Process Integration

N/A
0 Ratings
1.0
10%
3 Ratings

Transportation Execution Management

N/A
0 Ratings
6.0
60%
2 Ratings

Freight Payment Automation

N/A
0 Ratings
1.0
10%
2 Ratings

Trade Management

N/A
0 Ratings
6.0
60%
1 Rating

Trade Regulatory Compliance Management

N/A
0 Ratings
5.0
50%
1 Rating

Customs Entry Management

N/A
0 Ratings
7.0
70%
1 Rating

Customs Document Management

N/A
0 Ratings
7.0
70%
1 Rating

Customs Document Collaboration

N/A
0 Ratings
7.0
70%
1 Rating

Fulfillment Management

N/A
0 Ratings
7.0
70%
2 Ratings

Inventory Visibility

N/A
0 Ratings
7.0
70%
2 Ratings

Warehouse Workforce Management

N/A
0 Ratings
7.0
70%
2 Ratings

Manufacturing

MYOB

Feature Set Not Supported
N/A
8.7

Odoo

87%
Odoo ranks higher in 9/9 features

Production Process Design

N/A
0 Ratings
8.1
81%
4 Ratings

Supply Chain Business Flows

N/A
0 Ratings
9.2
92%
3 Ratings

Production Management

N/A
0 Ratings
8.3
83%
4 Ratings

Contracted Manufacturing Management

N/A
0 Ratings
7.7
77%
3 Ratings

Configuration Management

N/A
0 Ratings
9.2
92%
3 Ratings

Work Definition

N/A
0 Ratings
8.5
85%
3 Ratings

Work Execution

N/A
0 Ratings
9.2
92%
3 Ratings

Advanced Fulfillment

N/A
0 Ratings
8.5
85%
3 Ratings

Manufacturing Costs

N/A
0 Ratings
9.2
92%
3 Ratings

Supply Chain

MYOB

Feature Set Not Supported
N/A
5.1

Odoo

51%
Odoo ranks higher in 4/4 features

Forecasting

N/A
0 Ratings
1.1
11%
4 Ratings

Inventory Planning

N/A
0 Ratings
1.1
11%
4 Ratings

Multi-tier Supply Chain Planning

N/A
0 Ratings
9.2
92%
3 Ratings

Performance Monitoring

N/A
0 Ratings
9.2
92%
3 Ratings

Product Lifecycle Management

MYOB

Feature Set Not Supported
N/A
8.5

Odoo

85%
Odoo ranks higher in 7/7 features

Ideation Management

N/A
0 Ratings
7.9
79%
3 Ratings

Requirements Management

N/A
0 Ratings
7.9
79%
3 Ratings

Proposal Management

N/A
0 Ratings
8.7
87%
3 Ratings

Innovation Portfolio Management

N/A
0 Ratings
7.9
79%
3 Ratings

Product Master Data Management

N/A
0 Ratings
8.7
87%
3 Ratings

Vendor Portal

N/A
0 Ratings
9.2
92%
3 Ratings

Project Portfolio Management

N/A
0 Ratings
9.2
92%
3 Ratings

Attribute Ratings

  • MYOB is rated higher in 4 areas: Likelihood to Recommend, Likelihood to Renew, Usability, Support Rating

Likelihood to Recommend

5.4

MYOB

54%
17 Ratings
2.0

Odoo

20%
12 Ratings

Likelihood to Renew

9.5

MYOB

95%
2 Ratings
1.0

Odoo

10%
1 Rating

Usability

5.7

MYOB

57%
13 Ratings
1.8

Odoo

18%
5 Ratings

Support Rating

5.3

MYOB

53%
14 Ratings
1.5

Odoo

15%
5 Ratings

Implementation Rating

5.0

MYOB

50%
2 Ratings

Odoo

N/A
0 Ratings

Ease of integration

1.0

MYOB

10%
1 Rating

Odoo

N/A
0 Ratings

Likelihood to Recommend

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

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.
Read full review

Pros

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

Odoo

  • Ignore requests for support
  • continue to collect money from users through micro-charges; apps, supports, etc.
  • Offer no support when they do finally respond, saying that it's the app developer's duty.
  • Creates a system that forces people that are good with software systems to pay for support
Read full review

Cons

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

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.
Read full review

Pricing Details

MYOB

Starting Price

Editions & Modules

MYOB editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Odoo

    Starting Price

    $0 per year

    Editions & Modules

    Odoo editions and modules pricing
    EditionModules
    Basic$3,060.001
    Standard$5,950.002
    Pro$21,250.003

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    Optional $20

    Additional Details

    New customers get a discount on the initial number of users purchased. ($20.00 USD instead of $24.00 USD).

    Likelihood to Renew

    MYOB

    Our clients seems hesitant to change softwares so I don't see why we wouldn't be renewing with MYOB
    Read full review

    Odoo

    No answers on this topic

    Usability

    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.
    Read full review

    Odoo

    I would give it an average rating despite being easy to use, but the user interface is very poor and not intuitive at all which makes the whole experience not that good. Also, the system is not mobile friendly at all which is annoying if you want to check something on the go.
    Read full review

    Support Rating

    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

    Odoo

    Easy - there is NO SUPPORT (like in ABSOLUTELY NOTHING!!!!!!!). Even for legally mandatory requirements where the system MUST work, they will gladly take a month to get back to you with a NON-answer. We couldn't even get our bank statements correctly into Odoo for 2 months - leading to no reconciliation and the company accounts were a mess (still are!!) as a result - Completely irresponsible. Have not EVEN had an apology from Odoo - they couldn't care less !!
    Read full review

    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.
    Read full review

    Odoo

    I selected Odoo because it is all in the cloud online and it is very easy to conect from everywhere, but then it did nos suit what we wanted in other fields and the service was poor,so we deceided to cancel the contract, but never get our money back since november 2020.
    Read full review

    Return on Investment

    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

    Odoo

    • The integration of the support department in the sales processes was easily carried out by implementing Odoo.
    • Improved functionality and UI of the sales and logistics related processes in the company.
    Read full review

    Screenshots

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