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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Oracle PeopleSoft ERP

    Score7.2 out of 10
    N/AOracle's PeopleSoft ERP (or PeopleSoft FSCM) is a software solution used to reduce costs by automating and centralizing global transactional processes and the enterprise entire supply chain. Oracle states they have extended support for PeopleSoft to 2034.N/A
    Pricing
    MYOBOracle PeopleSoft ERP
    Editions & Modules
    Solo
    $11
    per month
    Lite
    $34
    per month
    Pro
    $63
    per month
    Premier
    $88.50
    per month
    Account Right Plus
    $150
    per month
    No answers on this topic
    Offerings
    Pricing Offerings
    MYOBOracle PeopleSoft ERP
    Free Trial
    YesNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    MYOBOracle PeopleSoft ERP
    Considered Both Products
    MYOB
    No answer on this topic
    Oracle
    No answer on this topic
    Key User Insights
    Would buy again
    50%
    Would buy again
    7 Answers
    83%
    Would buy again
    5 Answers
    Delivers good value for the price
    50%
    Delivers good value for the price
    6 Answers
    No answers on this topic
    Happy with the feature set
    71%
    Happy with the feature set
    10 Answers
    83%
    Happy with the feature set
    5 Answers
    Lived up to sales and marketing promises
    50%
    Lived up to sales and marketing promises
    7 Answers
    No answers on this topic
    Implementation went as expected
    64%
    Implementation went as expected
    9 Answers
    No answers on this topic
    Features
    MYOBOracle PeopleSoft ERP
    Payroll Management
    Comparison of Payroll Management features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    10.0
    12 Ratings
    28% above category average
    Oracle PeopleSoft ERP
    7.4
    20 Ratings
    2% below category average
    Pay calculation10.012 Ratings8.120 Ratings
    Benefit plan administration10.08 Ratings6.018 Ratings
    Direct deposit files10.010 Ratings9.019 Ratings
    Salary revision and increment management10.08 Ratings00 Ratings
    Reimbursement management10.08 Ratings00 Ratings
    Customization
    Comparison of Customization features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    10.0
    7 Ratings
    28% above category average
    Oracle PeopleSoft ERP
    2.5
    22 Ratings
    100% below category average
    API for custom integration10.07 Ratings2.521 Ratings
    Plug-ins10.06 Ratings2.518 Ratings
    Security
    Comparison of Security features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    10.0
    12 Ratings
    20% above category average
    Oracle PeopleSoft ERP
    9.3
    29 Ratings
    10% above category average
    Single sign-on capability10.011 Ratings9.225 Ratings
    Role-based user permissions10.012 Ratings9.427 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    10.0
    12 Ratings
    24% above category average
    Oracle PeopleSoft ERP
    5.9
    30 Ratings
    24% below category average
    Dashboards10.011 Ratings5.726 Ratings
    Standard reports10.012 Ratings7.628 Ratings
    Custom reports10.011 Ratings4.328 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    9.1
    16 Ratings
    18% above category average
    Oracle PeopleSoft ERP
    7.5
    33 Ratings
    3% below category average
    Accounts payable10.016 Ratings7.027 Ratings
    Accounts receivable10.016 Ratings6.526 Ratings
    Cash management10.015 Ratings00 Ratings
    Bank reconciliation10.016 Ratings00 Ratings
    Expense management10.012 Ratings00 Ratings
    Time tracking6.07 Ratings00 Ratings
    Fixed asset management10.09 Ratings00 Ratings
    Multi-currency support10.08 Ratings00 Ratings
    Multi-division support10.07 Ratings00 Ratings
    Regulations compliance10.09 Ratings00 Ratings
    Electronic tax filing5.19 Ratings00 Ratings
    Self-service portal6.37 Ratings00 Ratings
    Global Financial Support10.06 Ratings6.518 Ratings
    Primary and Secondary Ledgers10.08 Ratings7.025 Ratings
    Intercompany Accounting10.06 Ratings00 Ratings
    Localizations10.06 Ratings00 Ratings
    Journals and Reconciliations10.012 Ratings7.025 Ratings
    Enterprise Accounting2.84 Ratings00 Ratings
    Configurable Accounting10.09 Ratings6.021 Ratings
    Centralized Rules Framework10.04 Ratings00 Ratings
    Standardized Processes10.08 Ratings7.723 Ratings
    Inventory Management
    Comparison of Inventory Management features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    10.0
    9 Ratings
    31% above category average
    Oracle PeopleSoft ERP
    8.0
    13 Ratings
    0% above category average
    Inventory tracking10.09 Ratings9.012 Ratings
    Automatic reordering10.06 Ratings9.010 Ratings
    Location management10.06 Ratings9.012 Ratings
    Manufacturing module10.06 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    10.0
    7 Ratings
    30% above category average
    Oracle PeopleSoft ERP
    8.2
    10 Ratings
    3% above category average
    Pricing10.07 Ratings8.08 Ratings
    Order entry10.07 Ratings9.09 Ratings
    Credit card processing10.06 Ratings8.06 Ratings
    Cost of goods sold10.07 Ratings9.05 Ratings
    Order Orchestration10.05 Ratings9.04 Ratings
    End-to-end order visibility10.05 Ratings00 Ratings
    Order exception Resolution10.05 Ratings00 Ratings
    Subledger and Financial Process
    Comparison of Subledger and Financial Process features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    7.6
    29 Ratings
    1% above category average
    Billing Management00 Ratings9.620 Ratings
    Cash and Asset Management00 Ratings8.117 Ratings
    Travel & Expense Management00 Ratings2.615 Ratings
    Budgetary Control & Encumbrance Accounting00 Ratings6.417 Ratings
    Period Close00 Ratings7.922 Ratings
    Project Financial Management
    Comparison of Project Financial Management features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    7.4
    12 Ratings
    2% below category average
    Budgeting and Forecasting00 Ratings7.012 Ratings
    Project Costing00 Ratings7.111 Ratings
    Cost Capture00 Ratings7.110 Ratings
    Capital Project Management00 Ratings8.310 Ratings
    Customer Contract Compliance00 Ratings8.710 Ratings
    Project Revenue Recognition00 Ratings8.310 Ratings
    Project Execution Management
    Comparison of Project Execution Management features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    7.3
    9 Ratings
    2% above category average
    Project Planning and Scheduling00 Ratings9.09 Ratings
    Task Insight for Project Managers00 Ratings9.08 Ratings
    Project Mobile Functionality00 Ratings9.08 Ratings
    Definable Resource Pools00 Ratings8.08 Ratings
    Grants Management
    Comparison of Grants Management features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    9.5
    11 Ratings
    24% above category average
    Award Lifecycle Management00 Ratings9.010 Ratings
    Procurement
    Comparison of Procurement features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    6.7
    18 Ratings
    6% below category average
    Bids Analyzed and Compared00 Ratings8.010 Ratings
    Contract Authoring00 Ratings9.08 Ratings
    Contract Repository00 Ratings9.012 Ratings
    Requisitions-to-Purchase Orders Integrated00 Ratings7.014 Ratings
    Supplier Management00 Ratings9.012 Ratings
    Risk Management
    Comparison of Risk Management features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    7.2
    4 Ratings
    6% above category average
    Risk Repository00 Ratings9.04 Ratings
    Control Management00 Ratings9.04 Ratings
    Control Efficiency Assessments00 Ratings8.04 Ratings
    Issue Detection00 Ratings9.04 Ratings
    Remediation and Certification00 Ratings9.04 Ratings
    Logistics
    Comparison of Logistics features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    8.8
    3 Ratings
    23% above category average
    Transportation Planning and Optimization00 Ratings8.03 Ratings
    Transportation Execution Management00 Ratings8.03 Ratings
    Trade and Customs Management00 Ratings7.03 Ratings
    Fulfillment Management00 Ratings10.03 Ratings
    Warehouse Workforce Management00 Ratings10.03 Ratings
    Manufacturing
    Comparison of Manufacturing features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    9.1
    5 Ratings
    20% above category average
    Production Process Design00 Ratings6.04 Ratings
    Production Management00 Ratings10.05 Ratings
    Configuration Management00 Ratings10.05 Ratings
    Work Execution00 Ratings10.04 Ratings
    Manufacturing Costs00 Ratings10.05 Ratings
    Supply Chain
    Comparison of Supply Chain features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    9.1
    11 Ratings
    21% above category average
    Forecasting00 Ratings9.011 Ratings
    Inventory Planning00 Ratings10.010 Ratings
    Performance Monitoring00 Ratings9.010 Ratings
    Product Lifecycle Management
    Comparison of Product Lifecycle Management features of MYOB and Oracle PeopleSoft ERP
    Feature
    MYOB
    -
    Ratings
    Oracle PeopleSoft ERP
    8.6
    4 Ratings
    15% above category average
    Proposal Management00 Ratings7.03 Ratings
    Product Master Data Management00 Ratings9.04 Ratings
    Best Alternatives
    MYOBOracle PeopleSoft ERP
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Zoho One
    Score9.1 out of 10
    Medium-sized Companies
    Accounting Seed
    Score9 out of 10
    Zoho One
    Score9.1 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Microsoft Dynamics AX (discontinued)
    Score4.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    MYOBOracle PeopleSoft ERP
    Likelihood to Recommend
    9.0
    (19 ratings)
    6.2
    (43 ratings)
    Likelihood to Renew
    9.5
    (2 ratings)
    10.0
    (3 ratings)
    Usability
    10.0
    (15 ratings)
    6.2
    (6 ratings)
    Availability
    -
    (0 ratings)
    10.0
    (1 ratings)
    Support Rating
    1.2
    (14 ratings)
    7.0
    (2 ratings)
    Implementation Rating
    5.0
    (1 ratings)
    7.0
    (2 ratings)
    Ease of integration
    1.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    MYOBOracle PeopleSoft ERP
    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.
    Incentivized
    Read full review
    Oracle
    You really need a big enterprise to take advantage of PeopleSoft. It is not entirely user-friendly, and it often requires massive amounts of customization to make it work for layers if you will. Business experts can figure it out, but if you are expecting someone to easily learn how to use the timekeeping modules without heavy customization, it's really not for you. You need to know going in, that this is not for a small business at all, and not even a medium-sized enterprise. It's geared to massive organizations that need to integrate business processes over geographic areas and multiple departments.
    Incentivized
    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.
    Incentivized
    Read full review
    Oracle
    • One of the best thing it does is it is customizable. You can implement any business logic you need. This is one of the very key assets of PeopleSoft Financials.
    • PeopleSoft Financials's accounting methods are in line with industry standards. You can use the process as is and ledger will be taken care of.
    • It supports multiple ways to integrate with other systems.
    Incentivized
    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
    Incentivized
    Read full review
    Oracle
    • PeopleSoft Financials does not address the needs of small organizations that do not have a large enough staff to maintain the software or utilize the features it provides as it requires a moderate staff to keep track of all of the transactions and processing
    • PeopleSoft licensing costs are significant, which are relative to the features provided but in many cases those features may not be necessary
    • PeopleSoft licensing structures can be frustrating at times when certain modules would allow you to perform the complex task needed but it would require the entire module to be licensed for just that one feature (e.g. Cash Management for loading bank statements in certain formats)
    Incentivized
    Read full review
    Likelihood to Renew
    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
    Oracle
    PRISM is a great tool to track and watch numerous financial documents. I would like to see more of an integration platform that would control tracking for specific project details. There is currently only a little section for job notes which I would like to see improve. I think navigation could be improved, but isn't the worst compared to some platforms I have worked with as it provides a tree like structure on the backend which helps synchronize information together for fiscal financials.
    Read full review
    Usability
    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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    Oracle
    The usability is very outdated In my opinion. The screens resemble those of Windows 3.1. Too many clicks and drop-downs or clicks to go to a new screen. The business logic also appears dated and requires an update. Overall, it does not have a pleasing User Interface and should be refreshed, or a new interface should be built from the ground up.
    Incentivized
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    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.
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    Oracle
    I can't give them a perfect rating because it does often take a long time and usually more [expensive] to resolve trying issues that cannot be solved by our in-house team. PeopleSoft is complicated, and the mix and match of user-created and stock modules cause problems very often. These usually require more customization to completely fix, requiring more money spent with
    Incentivized
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    Implementation Rating
    MYOB
    No answers on this topic
    Oracle
    I recommend that everyone pay special attention to developing a solid testing and training plan if you are even thinking of implementing PeopleSoft. Be ready to obtain good trainers and developers, otherwise, your journey can be unnecessarily painful and much more expensive. Try to stay with an implementation partner who really has your needs at heart, and actually takes the time to understand your organization!
    Incentivized
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    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.
    Incentivized
    Read full review
    Oracle
    PeopleSoft is much more appropriate for large organizations than the software programs listed here. I'm involved in a project to bring billing and accounts receivable functions out of "shadow systems" like those listed here and into PeopleSoft, and PeopleSoft is more robust, flexible, and standardizable. We've found it to be an excellent solution.
    Incentivized
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    Return on Investment
    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
    Oracle
    • Provides better controls to ensure that spend does not increase beyond the PO amount.
    • sPro reverse invoicing provides a mechanism to only pay our staff aug firms for only the hours that entered into PeopleSoft. There is no more reconciliation between the vendor invoices and the hours that were charged within the internal time tracking system.
    • PeopleSoft Financials increases employee efficiency through the use of dashboards and work centers.
    Incentivized
    Read full review
    ScreenShots