MYOB vs. SAP Business One

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MYOB
Score 7.4 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.
$11
per month
SAP Business One
Score 8.3 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
Solo
$11
per month
Lite
$34
per month
Pro
$63
per month
Premier
$88.50
per month
Account Right Plus
$150
per month
Limited
$99.00
per month
Starter
$110.00
per month
Pro
$132.00
per month
Offerings
Pricing Offerings
MYOBSAP Business One
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
MYOBSAP Business One
Features
MYOBSAP Business One
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MYOB
10.0
12 Ratings
28% above category average
SAP Business One
9.9
12 Ratings
30% above category average
Pay calculation10.012 Ratings10.011 Ratings
Benefit plan administration10.08 Ratings10.09 Ratings
Direct deposit files10.010 Ratings9.510 Ratings
Salary revision and increment management10.08 Ratings00 Ratings
Reimbursement management10.08 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
MYOB
10.0
7 Ratings
28% above category average
SAP Business One
9.7
40 Ratings
26% above category average
API for custom integration10.07 Ratings9.638 Ratings
Plug-ins10.06 Ratings9.837 Ratings
Security
Comparison of Security features of Product A and Product B
MYOB
10.0
12 Ratings
20% above category average
SAP Business One
9.7
44 Ratings
15% above category average
Single sign-on capability10.011 Ratings9.636 Ratings
Role-based user permissions10.012 Ratings9.843 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 One
8.8
45 Ratings
18% above category average
Dashboards10.011 Ratings8.540 Ratings
Standard reports10.012 Ratings9.045 Ratings
Custom reports10.011 Ratings8.841 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 One
5.9
46 Ratings
26% below category average
Accounts payable10.016 Ratings9.746 Ratings
Accounts receivable10.016 Ratings9.945 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 Ratings9.228 Ratings
Primary and Secondary Ledgers10.08 Ratings8.831 Ratings
Intercompany Accounting10.06 Ratings00 Ratings
Localizations10.06 Ratings00 Ratings
Journals and Reconciliations10.012 Ratings9.538 Ratings
Enterprise Accounting2.84 Ratings00 Ratings
Configurable Accounting10.09 Ratings9.436 Ratings
Centralized Rules Framework10.04 Ratings00 Ratings
Standardized Processes10.08 Ratings9.541 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 One
9.2
45 Ratings
15% above category average
Inventory tracking10.09 Ratings9.645 Ratings
Automatic reordering10.06 Ratings9.631 Ratings
Location management10.06 Ratings9.841 Ratings
Manufacturing module10.06 Ratings00 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 One
7.7
43 Ratings
1% below category average
Pricing10.07 Ratings9.441 Ratings
Order entry10.07 Ratings9.743 Ratings
Credit card processing10.06 Ratings8.024 Ratings
Cost of goods sold10.07 Ratings9.442 Ratings
Order Orchestration10.05 Ratings9.833 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 Product A and Product B
MYOB
-
Ratings
SAP Business One
7.3
39 Ratings
2% below category average
Billing Management00 Ratings9.534 Ratings
Cash and Asset Management00 Ratings9.830 Ratings
Travel & Expense Management00 Ratings9.023 Ratings
Budgetary Control & Encumbrance Accounting00 Ratings9.428 Ratings
Period Close00 Ratings9.535 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
8.8
17 Ratings
22% above category average
Project Planning and Scheduling00 Ratings9.516 Ratings
Task Insight for Project Managers00 Ratings9.213 Ratings
Project Mobile Functionality00 Ratings7.712 Ratings
Definable Resource Pools00 Ratings8.710 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
MYOB
-
Ratings
SAP Business One
8.4
16 Ratings
13% above category average
Award Lifecycle Management00 Ratings10.010 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
MYOB
-
Ratings
SAP Business One
8.5
19 Ratings
19% above category average
Bids Analyzed and Compared00 Ratings9.512 Ratings
Contract Authoring00 Ratings10.013 Ratings
Contract Repository00 Ratings9.011 Ratings
Requisitions-to-Purchase Orders Integrated00 Ratings9.515 Ratings
Supplier Management00 Ratings9.514 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
MYOB
-
Ratings
SAP Business One
8.5
11 Ratings
25% above category average
Risk Repository00 Ratings9.19 Ratings
Control Management00 Ratings8.910 Ratings
Control Efficiency Assessments00 Ratings8.99 Ratings
Issue Detection00 Ratings8.910 Ratings
Remediation and Certification00 Ratings10.07 Ratings
Logistics
Comparison of Logistics features of Product A and Product B
MYOB
-
Ratings
SAP Business One
7.8
25 Ratings
13% above category average
Transportation Planning and Optimization00 Ratings9.217 Ratings
Transportation Execution Management00 Ratings8.815 Ratings
Trade and Customs Management00 Ratings9.215 Ratings
Fulfillment Management00 Ratings8.318 Ratings
Warehouse Workforce Management00 Ratings8.816 Ratings
Manufacturing
Comparison of Manufacturing features of Product A and Product B
MYOB
-
Ratings
SAP Business One
8.6
21 Ratings
14% above category average
Production Process Design00 Ratings8.019 Ratings
Production Management00 Ratings10.019 Ratings
Configuration Management00 Ratings8.015 Ratings
Work Execution00 Ratings8.517 Ratings
Manufacturing Costs00 Ratings8.717 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
MYOB
-
Ratings
SAP Business One
7.8
27 Ratings
8% above category average
Forecasting00 Ratings8.325 Ratings
Inventory Planning00 Ratings8.027 Ratings
Performance Monitoring00 Ratings7.821 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management features of Product A and Product B
MYOB
-
Ratings
SAP Business One
9.5
19 Ratings
27% above category average
Proposal Management00 Ratings7.315 Ratings
Product Master Data Management00 Ratings9.117 Ratings
Best Alternatives
MYOBSAP Business One
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 6.8 out of 10
Zoho One
Zoho One
Score 9.5 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.6 out of 10
24SevenOffice
24SevenOffice
Score 9.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MYOBSAP Business One
Likelihood to Recommend
8.9
(19 ratings)
8.6
(50 ratings)
Likelihood to Renew
9.5
(2 ratings)
4.6
(9 ratings)
Usability
9.9
(15 ratings)
8.7
(14 ratings)
Availability
-
(0 ratings)
9.0
(3 ratings)
Performance
-
(0 ratings)
8.0
(1 ratings)
Support Rating
1.2
(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)
2.8
(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.
Read full review
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.
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
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
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.
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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
  • 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.
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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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