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.
$11
per month
SAP Business ByDesign
Score 8.1 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
MYOB
SAP Business ByDesign
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
MYOB
SAP Business ByDesign
Free Trial
Yes
Yes
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
Optional
Additional Details
—
SAP Business ByDesign is available for a monthly software-as-a-service (SaaS) subscription, based on a base package, user types, and number of users.
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 …
Features
MYOB
SAP Business ByDesign
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MYOB
10.0
12 Ratings
28% above category average
SAP Business ByDesign
8.4
2 Ratings
13% above category average
Pay calculation
10.012 Ratings
00 Ratings
Benefit plan administration
10.08 Ratings
4.51 Ratings
Direct deposit files
10.010 Ratings
9.11 Ratings
Salary revision and increment management
10.08 Ratings
00 Ratings
Reimbursement management
10.08 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
MYOB
10.0
7 Ratings
27% above category average
SAP Business ByDesign
9.2
5 Ratings
21% above category average
API for custom integration
10.07 Ratings
9.24 Ratings
Plug-ins
10.06 Ratings
9.25 Ratings
Security
Comparison of Security features of Product A and Product B
MYOB
10.0
12 Ratings
20% above category average
SAP Business ByDesign
9.3
5 Ratings
11% above category average
Single sign-on capability
10.011 Ratings
9.04 Ratings
Role-based user permissions
10.012 Ratings
9.65 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MYOB
10.0
12 Ratings
25% above category average
SAP Business ByDesign
9.2
5 Ratings
23% above category average
Dashboards
10.011 Ratings
8.85 Ratings
Standard reports
10.012 Ratings
9.25 Ratings
Custom reports
10.011 Ratings
9.65 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
MYOB
9.1
16 Ratings
18% above category average
SAP Business ByDesign
8.7
5 Ratings
13% above category average
Accounts payable
10.016 Ratings
9.24 Ratings
Accounts receivable
10.016 Ratings
9.24 Ratings
Cash management
10.015 Ratings
00 Ratings
Bank reconciliation
10.016 Ratings
00 Ratings
Expense management
10.012 Ratings
00 Ratings
Time tracking
6.07 Ratings
00 Ratings
Fixed asset management
10.09 Ratings
00 Ratings
Multi-currency support
10.08 Ratings
00 Ratings
Multi-division support
10.07 Ratings
00 Ratings
Regulations compliance
10.09 Ratings
00 Ratings
Electronic tax filing
5.19 Ratings
00 Ratings
Self-service portal
6.37 Ratings
00 Ratings
Global Financial Support
10.06 Ratings
9.22 Ratings
Primary and Secondary Ledgers
10.08 Ratings
9.22 Ratings
Intercompany Accounting
10.06 Ratings
00 Ratings
Localizations
10.06 Ratings
00 Ratings
Journals and Reconciliations
10.012 Ratings
8.82 Ratings
Enterprise Accounting
2.84 Ratings
00 Ratings
Configurable Accounting
10.09 Ratings
9.22 Ratings
Centralized Rules Framework
10.04 Ratings
00 Ratings
Standardized Processes
10.08 Ratings
8.01 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MYOB
10.0
9 Ratings
31% above category average
SAP Business ByDesign
9.1
4 Ratings
14% above category average
Inventory tracking
10.09 Ratings
9.24 Ratings
Automatic reordering
10.06 Ratings
10.03 Ratings
Location management
10.06 Ratings
8.03 Ratings
Manufacturing module
10.06 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
MYOB
10.0
7 Ratings
29% above category average
SAP Business ByDesign
8.5
4 Ratings
8% above category average
Pricing
10.07 Ratings
9.24 Ratings
Order entry
10.07 Ratings
9.24 Ratings
Credit card processing
10.06 Ratings
4.51 Ratings
Cost of goods sold
10.07 Ratings
9.24 Ratings
Order Orchestration
10.05 Ratings
9.22 Ratings
End-to-end order visibility
10.05 Ratings
00 Ratings
Order exception Resolution
10.05 Ratings
00 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
21% above category average
Billing Management
00 Ratings
8.83 Ratings
Cash and Asset Management
00 Ratings
9.22 Ratings
Travel & Expense Management
00 Ratings
10.02 Ratings
Budgetary Control & Encumbrance Accounting
00 Ratings
10.01 Ratings
Period Close
00 Ratings
9.22 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 Forecasting
00 Ratings
10.01 Ratings
Project Costing
00 Ratings
9.22 Ratings
Cost Capture
00 Ratings
9.22 Ratings
Capital Project Management
00 Ratings
9.22 Ratings
Customer Contract Compliance
00 Ratings
8.01 Ratings
Project Revenue Recognition
00 Ratings
9.22 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
16% above category average
Project Planning and Scheduling
00 Ratings
9.23 Ratings
Task Insight for Project Managers
00 Ratings
8.02 Ratings
Project Mobile Functionality
00 Ratings
8.02 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
10.0
1 Ratings
30% above category average
Award Lifecycle Management
00 Ratings
10.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
8.0
1 Ratings
13% above category average
Bids Analyzed and Compared
00 Ratings
8.01 Ratings
Requisitions-to-Purchase Orders Integrated
00 Ratings
8.01 Ratings
Supplier Management
00 Ratings
8.01 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 Management
00 Ratings
9.22 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
MYOB
-
Ratings
SAP Business ByDesign
9.0
3 Ratings
19% above category average
Production Process Design
00 Ratings
9.23 Ratings
Production Management
00 Ratings
9.23 Ratings
Configuration Management
00 Ratings
8.02 Ratings
Work Execution
00 Ratings
8.02 Ratings
Manufacturing Costs
00 Ratings
9.23 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
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.
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.
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.
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.
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.
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
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.
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.
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.
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.