MYOB vs. SAP Business ByDesign

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MYOB
Score 5.1 out of 10
N/A
MYOB 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.N/A
SAP Business ByDesign
Score 7.5 out of 10
Mid-Size Companies (51-1,000 employees)
SAP Business ByDesign is SAP's cloud ERP suite offering, launched in 2007, designed for the SMB market. The product includes a broad range of capabilities including financials, human resources, sales, procurement, customer service, and supply chain. Business ByDesign is a new platform, delivered entirely through a SaaS model, with functionality that overlaps somewhat with BusinessOne, which is also an SMB product, although not a true SaaS product.N/A
Pricing
MYOBSAP Business ByDesign
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
MYOBSAP Business ByDesign
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional DetailsSAP Business ByDesign is available for a monthly software-as-a-service (SaaS) subscription, based on a base package, user types, and number of users.
More Pricing Information
Community Pulse
MYOBSAP Business ByDesign
Considered Both Products
MYOB

No answer on this topic

SAP Business ByDesign
Chose SAP Business ByDesign
As far as cloud ERP is concerned SAP Business ByDesign was the best in terms of what it had on offer for a professional services company managing projects and service requests. Also, I liked the SAP migration path and the move to running the whole system on the in memory HANA …
Top Pros
Top Cons
Features
MYOBSAP Business ByDesign
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MYOB
6.9
11 Ratings
8% below category average
SAP Business ByDesign
8.4
2 Ratings
15% above category average
Pay calculation7.211 Ratings00 Ratings
Benefit plan administration6.97 Ratings4.51 Ratings
Direct deposit files7.09 Ratings9.11 Ratings
Salary revision and increment management6.97 Ratings00 Ratings
Reimbursement management6.87 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
MYOB
6.0
6 Ratings
16% below category average
SAP Business ByDesign
9.2
5 Ratings
24% above category average
API for custom integration5.86 Ratings9.24 Ratings
Plug-ins6.25 Ratings9.25 Ratings
Security
Comparison of Security features of Product A and Product B
MYOB
7.0
11 Ratings
12% below category average
SAP Business ByDesign
9.3
5 Ratings
13% above category average
Single sign-on capability6.910 Ratings9.04 Ratings
Role-based user permissions7.111 Ratings9.65 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MYOB
5.9
11 Ratings
25% below category average
SAP Business ByDesign
9.2
5 Ratings
28% above category average
Dashboards6.010 Ratings8.85 Ratings
Standard reports6.011 Ratings9.25 Ratings
Custom reports5.710 Ratings9.65 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
MYOB
4.8
15 Ratings
43% below category average
SAP Business ByDesign
8.7
5 Ratings
13% above category average
Accounts payable5.915 Ratings9.24 Ratings
Accounts receivable5.915 Ratings9.24 Ratings
Cash management5.314 Ratings00 Ratings
Bank reconciliation5.815 Ratings00 Ratings
Expense management6.111 Ratings00 Ratings
Time tracking6.26 Ratings00 Ratings
Fixed asset management4.88 Ratings00 Ratings
Multi-currency support2.07 Ratings00 Ratings
Multi-division support2.16 Ratings00 Ratings
Regulations compliance4.88 Ratings00 Ratings
Electronic tax filing5.19 Ratings00 Ratings
Self-service portal6.27 Ratings00 Ratings
Global Financial Support6.35 Ratings9.22 Ratings
Primary and Secondary Ledgers5.67 Ratings9.22 Ratings
Intercompany Accounting2.15 Ratings00 Ratings
Localizations6.35 Ratings00 Ratings
Journals and Reconciliations5.311 Ratings8.82 Ratings
Enterprise Accounting2.94 Ratings00 Ratings
Configurable Accounting4.88 Ratings9.22 Ratings
Centralized Rules Framework2.53 Ratings00 Ratings
Standardized Processes5.77 Ratings8.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MYOB
3.8
8 Ratings
60% below category average
SAP Business ByDesign
9.1
4 Ratings
15% above category average
Inventory tracking6.58 Ratings9.24 Ratings
Automatic reordering2.95 Ratings10.03 Ratings
Location management2.85 Ratings8.03 Ratings
Manufacturing module2.85 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
MYOB
6.2
6 Ratings
18% below category average
SAP Business ByDesign
8.5
4 Ratings
9% above category average
Pricing6.26 Ratings9.24 Ratings
Order entry6.26 Ratings9.24 Ratings
Credit card processing6.25 Ratings4.51 Ratings
Cost of goods sold6.26 Ratings9.24 Ratings
Order Orchestration6.24 Ratings9.22 Ratings
End-to-end order visibility6.24 Ratings00 Ratings
Order exception Resolution6.24 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
9.2
3 Ratings
22% above category average
Billing Management00 Ratings8.83 Ratings
Cash and Asset Management00 Ratings9.22 Ratings
Travel & Expense Management00 Ratings10.02 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings10.01 Ratings
Period Close00 Ratings9.22 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
9.2
2 Ratings
19% above category average
Budgeting and Forecasting00 Ratings10.01 Ratings
Project Costing00 Ratings9.22 Ratings
Cost Capture00 Ratings9.22 Ratings
Capital Project Management00 Ratings9.22 Ratings
Customer Contract Compliance00 Ratings8.01 Ratings
Project Revenue Recognition00 Ratings9.22 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
8.3
3 Ratings
19% above category average
Project Planning and Scheduling00 Ratings9.23 Ratings
Task Insight for Project Managers00 Ratings8.02 Ratings
Project Mobile Functionality00 Ratings8.02 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
10.0
1 Ratings
28% above category average
Award Lifecycle Management00 Ratings10.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
8.0
1 Ratings
14% above category average
Bids Analyzed and Compared00 Ratings8.01 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.01 Ratings
Supplier Management00 Ratings8.01 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
9.2
3 Ratings
29% above category average
Warehouse Workforce Management00 Ratings9.22 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
9.0
3 Ratings
18% above category average
Production Process Design00 Ratings9.23 Ratings
Production Management00 Ratings9.23 Ratings
Configuration Management00 Ratings8.02 Ratings
Work Execution00 Ratings8.02 Ratings
Manufacturing Costs00 Ratings9.23 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
8.6
3 Ratings
17% above category average
Forecasting00 Ratings9.23 Ratings
Inventory Planning00 Ratings9.23 Ratings
Performance Monitoring00 Ratings8.02 Ratings
Best Alternatives
MYOBSAP Business ByDesign
Small Businesses
Dext Prepare (with Receipt Bank)
Dext Prepare (with Receipt Bank)
Score 9.1 out of 10
Acumatica
Acumatica
Score 8.7 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Infor VISUAL
Infor VISUAL
Score 7.4 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MYOBSAP Business ByDesign
Likelihood to Recommend
2.8
(18 ratings)
9.6
(7 ratings)
Likelihood to Renew
9.5
(2 ratings)
9.0
(3 ratings)
Usability
3.1
(14 ratings)
8.0
(1 ratings)
Support Rating
2.8
(14 ratings)
9.0
(1 ratings)
Implementation Rating
5.0
(1 ratings)
8.0
(1 ratings)
Ease of integration
1.0
(1 ratings)
-
(0 ratings)
User Testimonials
MYOBSAP Business ByDesign
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.
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SAP
Do you plan on going public at some point? If so, this may not be the best solution for you
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.
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SAP
  • I like the ease of use and the implementation methodology.
  • With SAP Business ByDesign you can integrate other systems with Web Services, and data technology to get information easy and fast.
  • SAP Business ByDesign includes an Analytics Module to create new reports in regards to your needs.
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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
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SAP
  • Time off request could be better. Right now, there is no option for sick time
  • It crashes often
  • Customization could be better
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Likelihood to Renew
MYOB
Our clients seems hesitant to change softwares so I don't see why we wouldn't be renewing with MYOB
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SAP
SAP BYD work centers are consistent and easy to navigate once you understand one work center. The document flow tab that is in each window allows one to see all related transactions. Document flow is important because one is able to see the flow of transactions and can therefore reverse transactions by following the document flow in reverse. It is possible to group items in each overview screen to see what items are open. The system is working as hoped.
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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.
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SAP
Because SAP Business ByDesign allows us to improve our work, reduce the operational steps, implement audit controls, allows us found standard reports or it allows us to create new ones if you need more than the exists are enough for your work or your needs. Overall, SAP Business ByDesign allows us to standardize our operations, enhance our work, improve our skills, work over a web environment or mobile interface.
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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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SAP
The Business ByDesign support is stablished since you contract the service with SAP. SAP resolves according to the service level agreement. Currently, we continue with the service and we are using the support channels available. We are receiving the support. The SAP support gets an incident and after that, they contact us to resolve the incident, if necessary, they set the meeting to understand it or we explain the incident
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Implementation Rating
MYOB
No answers on this topic
SAP
I recommend implementing all workshops during the ERP selection that you need to know very well about the ERP software. It allows us to gather information to accurate the plan of the project implementation. Additionally, we must reach the high-level commitment to achieve the main goals, to define the RACI matrix and communicate to all project stakeholders.
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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.
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SAP
ByDesign stacks up well against the competition. Companies that do multiple things are usually the best fit (manufacturing, distribution, and service). The more 'modules' used, the fewer competitors will be able to meet the company's needs. It is not inexpensive, but if the needs of the company have the complexity from either a global perspective and need localizations and foreign currency, or a volume perspective and need resources greater than what can be easily housed on-premise, ByDesign should be a top consideration.
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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.
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SAP
  • Positive - Access to the real-time reporting allowing for faster decision making especially when fixed price projects are heading into an over budget position.
  • Positive - Complex KPI can now be tracked and as a consequence intensive plans can be made to capitalise on this level of reporting. Staff also have clear visibility over their own performance.
  • Negative - We are a bit on the small side at 30 employees for a ByD solution so it was relatively expensive for us. It would be a much better value preposition above 50 employees.
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ScreenShots

SAP Business ByDesign Screenshots

Screenshot of With the embedded analytics of SAP Business ByDesign this is easily possible for key users or end users to define dashboards that contain tailored reports and KPIs for their roleScreenshot of Screenshot of SAP Business ByDesign comes with many reports pre-delivered by SAP. Customers can easily create additional reports or KPIsScreenshot of For each business document in ByDesign you can open the document flow, which shows you in a graphical the predecessor and successor business docuemnts as well as any associated accounting documents. This shows at what point you are in the entire business process.Screenshot of SAP Business ByDesign includes a Project Management module that is integrated with CRM to sell and bill projects, with HR to staff projects, and with SCM and SRM for procurement.Screenshot of The Financial Closing business scenario helps you to perform financial period-end closing activities to ensure correct financial statements, such as Balance Sheet, Income Statement, and Cash Flow Statement. The Closing Cockpit helps to minimize the risk of missing important steps or incorrect timing.