MYOB vs. SAP Business One

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MYOB
Score 5.0 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 One
Score 7.9 out of 10
N/A
SAP Business One is an integrated enterprise resource planning (ERP) solution for small and medium-sized businesses, The product encompasses functionality around sales, customer relationships, inventory, operations, financials and human resources.
$99
per month
Pricing
MYOBSAP Business One
Editions & Modules
No answers on this topic
Limited
$99.00
per month
Starter
$110.00
per month
Pro
$132.00
per month
Offerings
Pricing Offerings
MYOBSAP Business One
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
MYOBSAP Business One
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MYOB
7.0
11 Ratings
3% below category average
SAP Business One
10.0
10 Ratings
34% above category average
Pay calculation7.211 Ratings10.09 Ratings
Benefit plan administration6.97 Ratings10.07 Ratings
Direct deposit files7.19 Ratings10.08 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
6.1
6 Ratings
12% below category average
SAP Business One
9.0
37 Ratings
22% above category average
API for custom integration5.96 Ratings9.235 Ratings
Plug-ins6.35 Ratings8.835 Ratings
Security
Comparison of Security features of Product A and Product B
MYOB
7.0
11 Ratings
11% below category average
SAP Business One
8.7
41 Ratings
8% above category average
Single sign-on capability7.010 Ratings8.533 Ratings
Role-based user permissions7.111 Ratings9.041 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MYOB
5.9
11 Ratings
23% below category average
SAP Business One
7.1
42 Ratings
2% above category average
Dashboards6.010 Ratings5.437 Ratings
Standard reports6.111 Ratings7.542 Ratings
Custom reports5.710 Ratings8.338 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
MYOB
4.9
15 Ratings
39% below category average
SAP Business One
5.6
43 Ratings
30% below category average
Accounts payable5.915 Ratings9.343 Ratings
Accounts receivable5.915 Ratings9.342 Ratings
Cash management5.314 Ratings00 Ratings
Bank reconciliation5.815 Ratings00 Ratings
Expense management6.111 Ratings00 Ratings
Time tracking6.36 Ratings00 Ratings
Fixed asset management4.98 Ratings00 Ratings
Multi-currency support2.07 Ratings00 Ratings
Multi-division support2.06 Ratings00 Ratings
Regulations compliance4.88 Ratings00 Ratings
Electronic tax filing5.19 Ratings00 Ratings
Self-service portal6.27 Ratings00 Ratings
Global Financial Support6.35 Ratings7.527 Ratings
Primary and Secondary Ledgers5.67 Ratings8.628 Ratings
Intercompany Accounting2.15 Ratings00 Ratings
Localizations6.35 Ratings00 Ratings
Journals and Reconciliations5.311 Ratings8.535 Ratings
Enterprise Accounting2.84 Ratings00 Ratings
Configurable Accounting4.88 Ratings8.833 Ratings
Centralized Rules Framework2.43 Ratings00 Ratings
Standardized Processes5.77 Ratings8.638 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MYOB
3.7
8 Ratings
58% below category average
SAP Business One
8.2
42 Ratings
6% above category average
Inventory tracking6.68 Ratings8.642 Ratings
Automatic reordering2.85 Ratings7.129 Ratings
Location management2.85 Ratings9.039 Ratings
Manufacturing module2.75 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
MYOB
6.3
6 Ratings
13% below category average
SAP Business One
5.9
40 Ratings
26% below category average
Pricing6.36 Ratings7.739 Ratings
Order entry6.36 Ratings8.340 Ratings
Credit card processing6.35 Ratings2.023 Ratings
Cost of goods sold6.36 Ratings7.539 Ratings
Order Orchestration6.34 Ratings8.431 Ratings
End-to-end order visibility6.34 Ratings00 Ratings
Order exception Resolution6.34 Ratings00 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
MYOB
-
Ratings
SAP Business One
6.8
36 Ratings
8% below category average
Billing Management00 Ratings8.431 Ratings
Cash and Asset Management00 Ratings8.728 Ratings
Travel & Expense Management00 Ratings6.022 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings8.227 Ratings
Period Close00 Ratings9.433 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
MYOB
-
Ratings
SAP Business One
7.0
19 Ratings
8% below category average
Budgeting and Forecasting00 Ratings7.017 Ratings
Project Costing00 Ratings7.016 Ratings
Cost Capture00 Ratings7.016 Ratings
Capital Project Management00 Ratings7.011 Ratings
Customer Contract Compliance00 Ratings7.014 Ratings
Project Revenue Recognition00 Ratings6.116 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
MYOB
-
Ratings
SAP Business One
7.9
16 Ratings
15% above category average
Project Planning and Scheduling00 Ratings7.915 Ratings
Task Insight for Project Managers00 Ratings7.012 Ratings
Project Mobile Functionality00 Ratings1.011 Ratings
Definable Resource Pools00 Ratings5.09 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
MYOB
-
Ratings
SAP Business One
7.7
15 Ratings
4% above category average
Award Lifecycle Management00 Ratings7.09 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
MYOB
-
Ratings
SAP Business One
8.1
17 Ratings
16% above category average
Bids Analyzed and Compared00 Ratings8.011 Ratings
Contract Authoring00 Ratings7.511 Ratings
Contract Repository00 Ratings8.69 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings8.213 Ratings
Supplier Management00 Ratings7.012 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
MYOB
-
Ratings
SAP Business One
7.7
9 Ratings
18% above category average
Risk Repository00 Ratings7.07 Ratings
Control Management00 Ratings8.08 Ratings
Control Efficiency Assessments00 Ratings8.07 Ratings
Issue Detection00 Ratings8.08 Ratings
Remediation and Certification00 Ratings7.76 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
MYOB
-
Ratings
SAP Business One
6.5
22 Ratings
3% below category average
Transportation Planning and Optimization00 Ratings7.015 Ratings
Transportation Execution Management00 Ratings6.513 Ratings
Trade and Customs Management00 Ratings6.512 Ratings
Fulfillment Management00 Ratings5.517 Ratings
Warehouse Workforce Management00 Ratings2.414 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
MYOB
-
Ratings
SAP Business One
6.1
20 Ratings
19% below category average
Production Process Design00 Ratings2.018 Ratings
Production Management00 Ratings8.218 Ratings
Configuration Management00 Ratings2.014 Ratings
Work Execution00 Ratings4.016 Ratings
Manufacturing Costs00 Ratings5.016 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
MYOB
-
Ratings
SAP Business One
7.2
25 Ratings
2% above category average
Forecasting00 Ratings7.023 Ratings
Inventory Planning00 Ratings7.625 Ratings
Performance Monitoring00 Ratings7.019 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
MYOB
-
Ratings
SAP Business One
8.9
16 Ratings
22% above category average
Proposal Management00 Ratings5.013 Ratings
Product Master Data Management00 Ratings7.514 Ratings
Best Alternatives
MYOBSAP Business One
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.2 out of 10
Acumatica
Acumatica
Score 8.8 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Infor VISUAL
Infor VISUAL
Score 6.7 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.7 out of 10
SAP Business ByDesign
SAP Business ByDesign
Score 8.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MYOBSAP Business One
Likelihood to Recommend
1.9
(18 ratings)
8.4
(48 ratings)
Likelihood to Renew
9.5
(2 ratings)
4.6
(9 ratings)
Usability
2.0
(14 ratings)
9.7
(12 ratings)
Availability
-
(0 ratings)
9.0
(3 ratings)
Performance
-
(0 ratings)
8.0
(1 ratings)
Support Rating
1.9
(14 ratings)
9.0
(11 ratings)
In-Person Training
-
(0 ratings)
7.7
(2 ratings)
Online Training
-
(0 ratings)
4.5
(2 ratings)
Implementation Rating
5.0
(1 ratings)
2.9
(24 ratings)
Ease of integration
1.0
(1 ratings)
9.0
(1 ratings)
Product Scalability
-
(0 ratings)
9.0
(2 ratings)
Vendor post-sale
-
(0 ratings)
8.0
(1 ratings)
Vendor pre-sale
-
(0 ratings)
8.0
(1 ratings)
User Testimonials
MYOBSAP Business One
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
SAP Business One would be more useful if it contained tools to acommodate the growing need of online sales. A more complete shipping module which handles tracking numbers with the common couriers would be great. A built in warehouse management system would be great designed to be used with barcode scanners
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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
  • SAP Business One is more suitable for small and medium scale enterprises
  • SAP Business One is : analytics, mobile technologies, cloud technologies
  • SAP Business One has exceptional performance in handling business functions such as purchasing and operations and customer relationship management
  • An important key features of SAP Business One is Reporting and Analytics.
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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
  • Following a bench mark process - this seems contradicting to flexibility however we have wished we could follow more of an industry benchmark. Our challenge as a small company has been knowing how to properly use the system. We have discovered that we have set up the system wrong based and are using it improperly which has cause a lot work to correct.
  • Better live reporting options - current we are on prem SQL. Yes SAP is moving to HANA however smaller companies like ourselves are not ready for that. We need to be able to maintain our existing SQL DB. We also have a demand for live BI Reporting. It has been difficult to do this with our current set up.
  • Error handling - have found it very difficult to troubleshoot. Errors are not always clear and answers are hard to find.
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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
As I said before, it is a first level tool, well developed, and with very strong development support, although the learning curve, its implementation, the cost-benefit ratio, the price and the user experience is not the most suitable for small and medium-sized companies. It is a company with extensive experience, market positioning, technical support and expanded use
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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
I would like to give 8 out of 10 rating for SAP Business One because SAP Business One is a good choice for the mostly used business management solutions for the small and medium-sized companies. SAP Business One can help in optimizing the existing business process and enables streamline business processes for the daily activities for all users across the entire organization. The importance realization of SAP Business One implementation is based on the selection of the good reputation partner and its approach for the entire implementation. SAP Business One is a user-friendly and easy to use Enterprise system that the organization can benefit its features and functionalities by utilizing it.
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Reliability and Availability
MYOB
No answers on this topic
SAP
The SAP Business One software is up and running every time
you need it as it was planned. In more than 6 years that we have been
using the product, it has never been unavailable and if it ever was, it was because of a planned maintenance window scheduled in the company.
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Performance
MYOB
No answers on this topic
SAP
SAP Business One performance depends mostly on the speed of your internal servers, should you have the solution on premise as we do. Sometimes the system tends to be a little slower for some users when others are executing really big reports of performing some batch loads, but generally, the performance is acceptable to all the users.
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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
I rate my experience with SAP Business One's support team as excellent (10). They are easy to contact and effortless to work with on any issue or concern. I like the support SAP provides for any of their products. SAP has a great backing and I would recommend them to any of my colleagues.
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In-Person Training
MYOB
No answers on this topic
SAP
The training I get was a consultant level training, so it's basically a 6 weeks training covering every aspect and every module of the system. It covered most common use cases and exercise training so you can get along with the software, as well as examples so there culd be a better understanding.
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Online Training
MYOB
No answers on this topic
SAP
Over the past two years SAP has added a great deal of new SAP Business One on-line training for version 9.0 and 9.1. Most of the training is very strong, but some is difficult to understand and follow. Additionally, SAP still has a few holes in their on-line training around Production, Bill-of-Materials, MRP and Service.
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Implementation Rating
MYOB
No answers on this topic
SAP
These implementations are not easy. Even a standard implementation can be difficult. With a never-been-done-before implementation, the implementation team and the user team need to be thorough with planning, make a decision on key points, and stick to them before any design happens. Our biggest challenge was not from StellarOne, rather it was from the mid-implementation decisions from our internal team. StellarOne did a great job warning us, implementing our decision, and then helping us adjust our SAP to handle the new direction we took.
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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
SAP provides the most robust solution, with modules available for all department managers and even options for customization according to the company's special needs. We especially used the Crystal reports options to provide reports for each module. Overall, even if it's not the least expensive option, it has the best value for money.
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Scalability
MYOB
No answers on this topic
SAP
For most small businesses, the only way you outgrow SAP Business One is if the nature of your business changes radically. Going from 1 to 50 users is quite easy with SAP B1. Going beyond 50 may require moving to the Hana SAP B1 platform to maintain or improve performance, but the path is there.
Add-ons to SAP B1 can also be added as specific needs are encountered that are not closely met by the standard product. These may be required early in the product life because of the nature of your business, or as you expand the use of SAP B1.
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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
  • Employee efficiency has definitely increased with SAP Business One. This is attributed in a lot of ways to information visibility. Our employees are able to gather the data they need, quickly, and effectively.
  • Identifying inconsistencies in pricing has also been accomplished through use of reporting off individual tables. Previously, we weren't able to access our data in such a way as to enable us to write custom reports in-house.
  • We have also benefited greatly from having a single source of all business information. We utilize SAP Business One exclusively in-house. All documentation is attached to specific orders and Business Partners, as well as serialized equipment that has been sold.
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