What users are saying about
67 Ratings
175 Ratings
67 Ratings
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Score 6.2 out of 100
175 Ratings
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Score 8.6 out of 100

Feature Set Ratings

    Payroll Management

    6.6

    MYOB

    66%

    Oracle Cloud EPM

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 5/5 features

    Pay calculation

    7.1
    71%
    11 Ratings
    N/A
    0 Ratings

    Benefit plan administration

    6.5
    65%
    7 Ratings
    N/A
    0 Ratings

    Direct deposit files

    6.8
    68%
    9 Ratings
    N/A
    0 Ratings

    Salary revision and increment management

    6.5
    65%
    7 Ratings
    N/A
    0 Ratings

    Reimbursement management

    6.2
    62%
    7 Ratings
    N/A
    0 Ratings

    Customization

    5.5

    MYOB

    55%

    Oracle Cloud EPM

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 2/2 features

    API for custom integration

    5.4
    54%
    6 Ratings
    N/A
    0 Ratings

    Plug-ins

    5.5
    55%
    5 Ratings
    N/A
    0 Ratings

    Security

    6.8

    MYOB

    68%

    Oracle Cloud EPM

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 2/2 features

    Single sign-on capability

    6.6
    66%
    10 Ratings
    N/A
    0 Ratings

    Role-based user permissions

    7.1
    71%
    11 Ratings
    N/A
    0 Ratings

    Reporting & Analytics

    6.0

    MYOB

    60%

    Oracle Cloud EPM

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 3/3 features

    Dashboards

    6.2
    62%
    10 Ratings
    N/A
    0 Ratings

    Standard reports

    6.4
    64%
    11 Ratings
    N/A
    0 Ratings

    Custom reports

    5.5
    55%
    10 Ratings
    N/A
    0 Ratings

    General Ledger and Configurable Accounting

    5.3

    MYOB

    53%

    Oracle Cloud EPM

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 21/21 features

    Accounts payable

    6.4
    64%
    15 Ratings
    N/A
    0 Ratings

    Accounts receivable

    6.4
    64%
    15 Ratings
    N/A
    0 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
    N/A
    0 Ratings

    Primary and Secondary Ledgers

    5.6
    56%
    7 Ratings
    N/A
    0 Ratings

    Intercompany Accounting

    3.9
    39%
    5 Ratings
    N/A
    0 Ratings

    Localizations

    5.9
    59%
    5 Ratings
    N/A
    0 Ratings

    Journals and Reconciliations

    5.8
    58%
    11 Ratings
    N/A
    0 Ratings

    Enterprise Accounting

    4.7
    47%
    4 Ratings
    N/A
    0 Ratings

    Configurable Accounting

    5.4
    54%
    8 Ratings
    N/A
    0 Ratings

    Centralized Rules Framework

    3.9
    39%
    3 Ratings
    N/A
    0 Ratings

    Standardized Processes

    5.6
    56%
    7 Ratings
    N/A
    0 Ratings

    Inventory Management

    5.0

    MYOB

    50%

    Oracle Cloud EPM

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 4/4 features

    Inventory tracking

    6.6
    66%
    8 Ratings
    N/A
    0 Ratings

    Automatic reordering

    4.7
    47%
    5 Ratings
    N/A
    0 Ratings

    Location management

    4.5
    45%
    5 Ratings
    N/A
    0 Ratings

    Manufacturing module

    4.3
    43%
    5 Ratings
    N/A
    0 Ratings

    Order Management

    5.5

    MYOB

    55%

    Oracle Cloud EPM

    Feature Set Not Supported
    N/A
    MYOB ranks higher in 7/7 features

    Pricing

    5.5
    55%
    6 Ratings
    N/A
    0 Ratings

    Order entry

    5.5
    55%
    6 Ratings
    N/A
    0 Ratings

    Credit card processing

    5.5
    55%
    5 Ratings
    N/A
    0 Ratings

    Cost of goods sold

    5.5
    55%
    6 Ratings
    N/A
    0 Ratings

    Order Orchestration

    5.5
    55%
    4 Ratings
    N/A
    0 Ratings

    End-to-end order visibility

    5.5
    55%
    4 Ratings
    N/A
    0 Ratings

    Order exception Resolution

    5.5
    55%
    4 Ratings
    N/A
    0 Ratings

    BI Standard Reporting

    MYOB

    Feature Set Not Supported
    N/A
    5.6

    Oracle Cloud EPM

    56%
    Oracle Cloud EPM ranks higher in 3/3 features

    Pixel Perfect reports

    N/A
    0 Ratings
    8.1
    81%
    2 Ratings

    Customizable dashboards

    N/A
    0 Ratings
    4.4
    44%
    3 Ratings

    Report Formatting Templates

    N/A
    0 Ratings
    4.4
    44%
    3 Ratings

    Ad-hoc Reporting

    MYOB

    Feature Set Not Supported
    N/A
    8.9

    Oracle Cloud EPM

    89%
    Oracle Cloud EPM ranks higher in 3/3 features

    Drill-down analysis

    N/A
    0 Ratings
    9.2
    92%
    23 Ratings

    Formatting capabilities

    N/A
    0 Ratings
    9.0
    90%
    22 Ratings

    Report sharing and collaboration

    N/A
    0 Ratings
    8.6
    86%
    20 Ratings

    Report Output and Scheduling

    MYOB

    Feature Set Not Supported
    N/A
    8.7

    Oracle Cloud EPM

    87%
    Oracle Cloud EPM ranks higher in 4/4 features

    Publish to Web

    N/A
    0 Ratings
    8.6
    86%
    17 Ratings

    Publish to PDF

    N/A
    0 Ratings
    8.7
    87%
    20 Ratings

    Report Versioning

    N/A
    0 Ratings
    8.8
    88%
    18 Ratings

    Report Delivery Scheduling

    N/A
    0 Ratings
    8.8
    88%
    16 Ratings

    Data Discovery and Visualization

    MYOB

    Feature Set Not Supported
    N/A
    5.9

    Oracle Cloud EPM

    59%
    Oracle Cloud EPM ranks higher in 3/3 features

    Pre-built visualization formats (heatmaps, scatter plots etc.)

    N/A
    0 Ratings
    6.0
    60%
    3 Ratings

    Location Analytics / Geographic Visualization

    N/A
    0 Ratings
    6.8
    68%
    3 Ratings

    Predictive Analytics

    N/A
    0 Ratings
    5.1
    51%
    3 Ratings

    Access Control and Security

    MYOB

    Feature Set Not Supported
    N/A
    8.9

    Oracle Cloud EPM

    89%
    Oracle Cloud EPM ranks higher in 4/4 features

    Multi-User Support (named login)

    N/A
    0 Ratings
    8.6
    86%
    21 Ratings

    Role-Based Security Model

    N/A
    0 Ratings
    9.0
    90%
    24 Ratings

    Multiple Access Permission Levels (Create, Read, Delete)

    N/A
    0 Ratings
    8.7
    87%
    21 Ratings

    Single Sign-On (SSO)

    N/A
    0 Ratings
    9.2
    92%
    22 Ratings

    Mobile Capabilities

    MYOB

    Feature Set Not Supported
    N/A
    7.2

    Oracle Cloud EPM

    72%
    Oracle Cloud EPM ranks higher in 1/1 features

    Responsive Design for Web Access

    N/A
    0 Ratings
    6.2
    62%
    2 Ratings

    Budgeting, Planning, and Forecasting

    MYOB

    Feature Set Not Supported
    N/A
    8.6

    Oracle Cloud EPM

    86%
    Oracle Cloud EPM ranks higher in 5/5 features

    Long-term financial planning

    N/A
    0 Ratings
    8.5
    85%
    30 Ratings

    Financial budgeting

    N/A
    0 Ratings
    9.2
    92%
    38 Ratings

    Forecasting

    N/A
    0 Ratings
    8.9
    89%
    37 Ratings

    Scenario modeling

    N/A
    0 Ratings
    8.4
    84%
    35 Ratings

    Management reporting

    N/A
    0 Ratings
    8.0
    80%
    33 Ratings

    Consolidation and Close

    MYOB

    Feature Set Not Supported
    N/A
    8.9

    Oracle Cloud EPM

    89%
    Oracle Cloud EPM ranks higher in 7/7 features

    Financial data consolidation

    N/A
    0 Ratings
    9.4
    94%
    18 Ratings

    Journal entries and reports

    N/A
    0 Ratings
    9.3
    93%
    15 Ratings

    Multi-currency management

    N/A
    0 Ratings
    8.7
    87%
    14 Ratings

    Intercompany Eliminations

    N/A
    0 Ratings
    9.0
    90%
    14 Ratings

    Minority Ownership

    N/A
    0 Ratings
    8.7
    87%
    12 Ratings

    Local and consolidated reporting

    N/A
    0 Ratings
    9.3
    93%
    17 Ratings

    Detailed Audit Trails

    N/A
    0 Ratings
    8.1
    81%
    17 Ratings

    Financial Reporting and Compliance

    MYOB

    Feature Set Not Supported
    N/A
    8.3

    Oracle Cloud EPM

    83%
    Oracle Cloud EPM ranks higher in 5/5 features

    Financial Statement Reporting

    N/A
    0 Ratings
    9.1
    91%
    29 Ratings

    Management Reporting

    N/A
    0 Ratings
    7.9
    79%
    32 Ratings

    Excel-based Reporting

    N/A
    0 Ratings
    8.1
    81%
    31 Ratings

    Automated board and financial reporting

    N/A
    0 Ratings
    8.1
    81%
    28 Ratings

    XBRL support for regulatory filing

    N/A
    0 Ratings
    8.4
    84%
    20 Ratings

    Analytics and Reporting

    MYOB

    Feature Set Not Supported
    N/A
    7.8

    Oracle Cloud EPM

    78%
    Oracle Cloud EPM ranks higher in 6/6 features

    Personalized dashboards

    N/A
    0 Ratings
    8.2
    82%
    26 Ratings

    Color-coded scorecards

    N/A
    0 Ratings
    7.7
    77%
    3 Ratings

    KPIs

    N/A
    0 Ratings
    7.4
    74%
    4 Ratings

    Cost and profitability analysis

    N/A
    0 Ratings
    6.7
    67%
    4 Ratings

    Key Performance Indicator setting

    N/A
    0 Ratings
    8.3
    83%
    25 Ratings

    Benchmarking with external data

    N/A
    0 Ratings
    8.3
    83%
    25 Ratings

    Integration

    MYOB

    Feature Set Not Supported
    N/A
    8.8

    Oracle Cloud EPM

    88%
    Oracle Cloud EPM ranks higher in 3/3 features

    Flat file integration

    N/A
    0 Ratings
    9.3
    93%
    34 Ratings

    Excel data integration

    N/A
    0 Ratings
    9.2
    92%
    33 Ratings

    Direct links to 3rd-party data sources

    N/A
    0 Ratings
    7.9
    79%
    29 Ratings

    Attribute Ratings

    • MYOB is rated higher in 1 area: Likelihood to Renew
    • Oracle Cloud EPM is rated higher in 5 areas: Likelihood to Recommend, Usability, Support Rating, Implementation Rating, Ease of integration

    Likelihood to Recommend

    5.4

    MYOB

    54%
    17 Ratings
    8.4

    Oracle Cloud EPM

    84%
    46 Ratings

    Likelihood to Renew

    9.5

    MYOB

    95%
    2 Ratings
    9.0

    Oracle Cloud EPM

    90%
    3 Ratings

    Usability

    5.7

    MYOB

    57%
    13 Ratings
    8.0

    Oracle Cloud EPM

    80%
    1 Rating

    Availability

    MYOB

    N/A
    0 Ratings
    10.0

    Oracle Cloud EPM

    100%
    2 Ratings

    Performance

    MYOB

    N/A
    0 Ratings
    9.0

    Oracle Cloud EPM

    90%
    2 Ratings

    Support Rating

    5.4

    MYOB

    54%
    14 Ratings
    6.8

    Oracle Cloud EPM

    68%
    6 Ratings

    Implementation Rating

    5.0

    MYOB

    50%
    2 Ratings
    8.2

    Oracle Cloud EPM

    82%
    32 Ratings

    Configurability

    MYOB

    N/A
    0 Ratings
    5.0

    Oracle Cloud EPM

    50%
    1 Rating

    Ease of integration

    1.0

    MYOB

    10%
    1 Rating
    8.0

    Oracle Cloud EPM

    80%
    1 Rating

    Product Scalability

    MYOB

    N/A
    0 Ratings
    8.0

    Oracle Cloud EPM

    80%
    1 Rating

    Vendor post-sale

    MYOB

    N/A
    0 Ratings
    7.0

    Oracle Cloud EPM

    70%
    1 Rating

    Vendor pre-sale

    MYOB

    N/A
    0 Ratings
    9.0

    Oracle Cloud EPM

    90%
    1 Rating

    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

    Oracle

    It is well suited in a geographically distributed environment where you have various key participants in multiple time zones providing input and necessary explanations on performance and measured success It is less appropriate where you have a single office environment with a single finance department working together. It is also less suited when the GL is NOT an Oracle product and the interface between the GL and the reporting software needs to be implemented with utmost care and handling.
    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

    Oracle

    • Account Reconciliation CLoud Services provides tight integration with Oracle R12 and 11i . Provides drillback capability. It is flexible and provides rich functionality to users.
    • We have implemented ARCS on cloud and migrated planning and budgeting from On premise to PBCS and EPBCS. Functionality is onpar with onpremise. Provides regular updates monthly
    • We don't need to upgrades every year and saved a lot on Hardware.
    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

    Oracle

    • The limitation of constrained out of the box dimensions that requires ripping the initial implementation to add the new dimensions is a major drawback.
    • Smartview interface is cumbersome for many.
    • The only financial adapter is available for integration for other modules we have to go with file-based uploads which is cumbersome and not real-time.
    • It is very costly in terms of licensing unlike other Oracle products.
    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

      Oracle Cloud EPM

      Starting Price

      $250 per user/per month

      Editions & Modules

      Oracle Cloud EPM editions and modules pricing
      EditionModules
      EPM Standard2501
      EPM Enterprise5002

      Footnotes

      1. per user/per month
      2. per user/per month

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Pricing per user varies by component within the Oracle EPM Cloud solution. Please see pricing information for the EPM Cloud components on cloud.oracle.com or contact Oracle Sales at +1.800.633.0738.

      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

      Oracle

      We have a pretty good userbase who are at the high level who gained value from this tool. Discontinuing this tool is prone to impact their day to day operations. Also the data in this tool cannot alter the source, which maintains the integrity of this tool. Smartview is a cool addition that gained lot of traction as well.
      Read full review

      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

      Oracle

      EPM usability is good in some modules but needs some improvement in others
      Read full review

      Reliability and Availability

      MYOB

      No answers on this topic

      Oracle

      EPM has been so far available all the time
      Read full review

      Performance

      MYOB

      No answers on this topic

      Oracle

      The product performance is so far very good
      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

      Oracle

      Support from our implementation partner is a 10/10, but support from Oracle is awful. Case in point: recently over a 2-day period, there were a series of intermittent outages. Oracle actually asked US for the outage time-stamps. I would have thought that, since we were paying them, they should probably be able to tell us!
      Read full review

      Implementation Rating

      MYOB

      No answers on this topic

      Oracle

      I suggest doubling the time to implement from the initial quote you get from the Sales team. That's always been the case for me for multiple EPMs now. The out-of-the-box functionality of Oracle Planning and Budgeting Cloud is pretty robust so I appreciate that and it really helped us get the ball rolling quickly.
      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

      Oracle

      The cloud is the way technology is going, so we love migrating from on prem solutions to true cloud-based solutions such as Oracle Cloud EPM. It's very easy to use. We also felt comfortable choosing the solution when reading a previous review around the system being able to have one global plan and integration with other Oracle products for plans which reduces the manual effort of getting the data and activating information.
      Read full review

      Scalability

      MYOB

      No answers on this topic

      Oracle

      The product is scalable
      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

      Oracle

      • Significantly reduced the amount of money we spent for the maintenance of in-house hardware.
      • We now need less employees to manage the configurations of Oracle EPM Cloud.
      • There have been many time savings as a whole to apply to more productive causes.
      Read full review

      Screenshots

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