67 Ratings
67 Ratings
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Score 6.2 out of 100
137 Ratings
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Score 8 out of 100

Feature Set Ratings

  • MYOB ranks higher in 3 feature sets: Payroll Management, Reporting & Analytics, Order Management
  • Sage 50cloud Accounting ranks higher in 4 feature sets: Customization, Security, General Ledger and Configurable Accounting, Inventory Management

Payroll Management

6.6

MYOB

66%
6.5

Sage 50cloud Accounting

65%
Sage 50cloud Accounting ranks higher in 3/5 features

Pay calculation

7.1
71%
11 Ratings
7.0
70%
12 Ratings

Benefit plan administration

6.5
65%
7 Ratings
7.0
70%
9 Ratings

Direct deposit files

6.8
68%
9 Ratings
4.9
49%
9 Ratings

Salary revision and increment management

6.5
65%
7 Ratings
6.9
69%
11 Ratings

Reimbursement management

6.2
62%
7 Ratings
6.9
69%
11 Ratings

Customization

5.5

MYOB

55%
7.2

Sage 50cloud Accounting

72%
MYOB ranks higher in 1/2 features

API for custom integration

5.4
54%
6 Ratings
9.5
95%
7 Ratings

Plug-ins

5.5
55%
5 Ratings
5.0
50%
8 Ratings

Security

6.8

MYOB

68%
9.0

Sage 50cloud Accounting

90%
Sage 50cloud Accounting ranks higher in 2/2 features

Single sign-on capability

6.6
66%
10 Ratings
8.1
81%
16 Ratings

Role-based user permissions

7.1
71%
11 Ratings
9.9
99%
16 Ratings

Reporting & Analytics

6.0

MYOB

60%
5.5

Sage 50cloud Accounting

55%
MYOB ranks higher in 2/3 features

Dashboards

6.2
62%
10 Ratings
6.2
62%
18 Ratings

Standard reports

6.4
64%
11 Ratings
7.1
71%
19 Ratings

Custom reports

5.5
55%
10 Ratings
3.3
33%
18 Ratings

General Ledger and Configurable Accounting

5.3

MYOB

53%
7.3

Sage 50cloud Accounting

73%
Sage 50cloud Accounting ranks higher in 18/21 features

Accounts payable

6.4
64%
15 Ratings
8.5
85%
21 Ratings

Accounts receivable

6.4
64%
15 Ratings
8.5
85%
20 Ratings

Cash management

5.8
58%
14 Ratings
8.5
85%
20 Ratings

Bank reconciliation

6.4
64%
15 Ratings
9.9
99%
20 Ratings

Expense management

6.5
65%
11 Ratings
8.0
80%
20 Ratings

Time tracking

5.6
56%
6 Ratings
7.9
79%
11 Ratings

Fixed asset management

5.0
50%
8 Ratings
7.8
78%
12 Ratings

Multi-currency support

3.3
33%
7 Ratings
6.9
69%
8 Ratings

Multi-division support

3.7
37%
6 Ratings
7.0
70%
9 Ratings

Regulations compliance

4.9
49%
8 Ratings
7.4
74%
8 Ratings

Electronic tax filing

5.9
59%
9 Ratings
7.9
79%
6 Ratings

Self-service portal

5.4
54%
7 Ratings
3.4
34%
6 Ratings

Global Financial Support

5.9
59%
5 Ratings
3.4
34%
3 Ratings

Primary and Secondary Ledgers

5.6
56%
7 Ratings
4.6
46%
3 Ratings

Intercompany Accounting

3.9
39%
5 Ratings
7.0
70%
4 Ratings

Localizations

5.9
59%
5 Ratings
7.2
72%
3 Ratings

Journals and Reconciliations

5.8
58%
11 Ratings
7.1
71%
9 Ratings

Enterprise Accounting

4.7
47%
4 Ratings
7.4
74%
4 Ratings

Configurable Accounting

5.4
54%
8 Ratings
8.0
80%
4 Ratings

Centralized Rules Framework

3.9
39%
3 Ratings
7.4
74%
2 Ratings

Standardized Processes

5.6
56%
7 Ratings
9.0
90%
7 Ratings

Inventory Management

5.0

MYOB

50%
6.2

Sage 50cloud Accounting

62%
Sage 50cloud Accounting ranks higher in 3/4 features

Inventory tracking

6.6
66%
8 Ratings
6.1
61%
14 Ratings

Automatic reordering

4.7
47%
5 Ratings
6.5
65%
8 Ratings

Location management

4.5
45%
5 Ratings
6.8
68%
5 Ratings

Manufacturing module

4.3
43%
5 Ratings
5.2
52%
6 Ratings

Order Management

5.5

MYOB

55%
5.2

Sage 50cloud Accounting

52%
MYOB ranks higher in 4/7 features

Pricing

5.5
55%
6 Ratings
7.0
70%
12 Ratings

Order entry

5.5
55%
6 Ratings
7.1
71%
14 Ratings

Credit card processing

5.5
55%
5 Ratings
8.0
80%
9 Ratings

Cost of goods sold

5.5
55%
6 Ratings
3.3
33%
13 Ratings

Order Orchestration

5.5
55%
4 Ratings
3.8
38%
3 Ratings

End-to-end order visibility

5.5
55%
4 Ratings
3.8
38%
3 Ratings

Order exception Resolution

5.5
55%
4 Ratings
3.8
38%
3 Ratings

Attribute Ratings

  • Sage 50cloud Accounting is rated higher in 5 areas: Likelihood to Recommend, Likelihood to Renew, Usability, Support Rating, Implementation Rating

Likelihood to Recommend

5.4

MYOB

54%
17 Ratings
8.9

Sage 50cloud Accounting

89%
32 Ratings

Likelihood to Renew

9.5

MYOB

95%
2 Ratings
9.6

Sage 50cloud Accounting

96%
12 Ratings

Usability

5.7

MYOB

57%
13 Ratings
9.0

Sage 50cloud Accounting

90%
6 Ratings

Support Rating

5.3

MYOB

53%
14 Ratings
7.0

Sage 50cloud Accounting

70%
8 Ratings

Implementation Rating

5.0

MYOB

50%
2 Ratings
9.0

Sage 50cloud Accounting

90%
8 Ratings

Ease of integration

1.0

MYOB

10%
1 Rating

Sage 50cloud Accounting

N/A
0 Ratings

Product Scalability

MYOB

N/A
0 Ratings
9.1

Sage 50cloud Accounting

91%
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

Sage

Sage is great for portability and exchange with external accountants as it is widely used and people will be able to read your data in. It's a very good and complete solution for a little business where one person can handle all of the accounting. I doubt that it scales well to large companies with several in-house accountants working at the same time.
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

Sage

  • It has the capability of "Single Click" processes that allows you to turn Quotes into orders, instant invoicing and track A/R in the Order Screen
  • I can email Sales Orders directly to my Customer and also remind them of past due from a single screen. I can track Project, Closeouts, Over Seas order by setting up Jobs and clicking the job name in Order Entry.
  • You can use recurring entries and copy and paste on the P&amp;L, using masking for department reporting and budgeting
  • You can use the BI feature and export into Excel in Pivot format and utilize Timeline and Slicer to see the company overall performance by months, day or years
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

Sage

  • Sage 50 could use some improvement in the Invoicing Module to allow for more flexibility in the design of the Invoice fields. The report customization tools could use some upgrading for easier use.
  • Fixed assets management module needs to be included with unlimited number of fixed assets.
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

    Sage 50cloud Accounting

    Starting Price

    $299 per year

    Editions & Modules

    Sage 50cloud Accounting editions and modules pricing
    EditionModules
    Sage 50 Pro Accounting$2991
    Sage 50 Premium Accounting$4492
    Sage 50 Quantum Accounting 3 UserStarting at $1,4993

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Annual traditional plan with license, monthly, and annual subscription plans available.

    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

    Sage

    I use this rating simply because I have a thriving Sage 50 consulting practice and will continue to keep my expertise in the product. I have consulted on both Sage 50 and QuickBooks for over 25 years so I have to maintain expertise in the solution as well as accounting and verticals.
    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

    Sage

    Its pretty stable and doesn't have changes very frequently. Upgrades are good, but not the ones that need a user manual when done every time
    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

    Sage

    Although I have only needed to call tech support on three occasions through out the entire time of usage, each time my problem was quickly resolved by people who were obviously well trained and easy to understand. Sage 50 Premium Accounting is a reliable and "bug-free" product that is regularly improved upon.
    Read full review

    Implementation Rating

    MYOB

    No answers on this topic

    Sage

    Sage 50 is a strong accounting software package. It will work efficiently if it is installed correctly. If one puts garbage in, one will get garbage out. Also it is important to train the staff to use Sage 50 properly. It is also important to set up security for each user.
    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

    Sage

    As we did the conversion almost 10 years ago it is hard to answer this question. At the time it was the ease of being able to produce both cash and accrual financial statements and reporting that led us to pick Sage
    Read full review

    Scalability

    MYOB

    No answers on this topic

    Sage

    I define scalable from two perspectives; 1) the scalability to handle more bookkeepers/accountants using the product, and 2) the scalability to handle increasing customer/vendor/employee and transactional data. Sage 50 does a good job on both fronts. From the single users operating a micro-business accounting for customer invoices and bill payments only, to the multi-staff, multi-location, multi-departmental complex transactional operation. Although Sage 50 is quite expensive for that smallest user, it is quite inexpensive for the larger business entity. So, for the new enterprise expecting rapid growth, Sage 50 is the application of choice.
    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

    Sage

    • Sage definitely needs to do a better job with customer service. I have had to use them only a handful of times and it was not a great experience but not the worse I've seen. They didn't make us a priority and I felt that they didn't have a sense of urgency. They did address my lack of satisfaction and I can see that they are at least aware of the issues and they are trying to correct them.
    • Sage is exactly what we need in my current organization and I wouldn't change it for another system. I have used quite a few in my lifetime and I would say that it fits our needs.
    Read full review

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