What users are saying about
28 Ratings
Top Rated
319 Ratings
28 Ratings
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Score 3.3 out of 100
Top Rated
319 Ratings
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Score 8.4 out of 100

Likelihood to Recommend

MYOB

For a smaller business who isn't interested in having more than one user I think MYOB can serve them well. But if they want multiple users or are using virtual assistants there are better cloud based apps that are much more affordable and have far greater enhancements as well as integrations
Stephen Lalla | TrustRadius Reviewer

SAP ERP

SAP is an extremely integrated system. Not all companies are ready for this. Many are so used to having systems that require a lot of batch processing, giving kind of an extra cushion to allow for errors or mistakes. SAP is a live system, meaning that when you commit or transact something, it triggers the integration among all modules that touch whatever the transaction is for. An example is allowing SAP to generate purchasing documents based on the scheduled demand for production. Say someone puts in a work order and by mistake, fat fingers an extra zero on the desired quantity. This may cause SAP to purchase WAY more raw materials than you need. This is a great feature, but it can also come back to hurt you if not controlled properly.
John Mota | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

MYOB
1.4
SAP ERP
7.9
Pay calculation
MYOB
2.0
SAP ERP
5.0
Benefit plan administration
MYOB
1.0
SAP ERP
8.5
Direct deposit files
MYOB
1.0
SAP ERP
8.7
Salary revision and increment management
MYOB
1.0
SAP ERP
8.6
Reimbursement management
MYOB
2.0
SAP ERP
8.8

Customization

MYOB
4.5
SAP ERP
7.3
API for custom integration
MYOB
4.0
SAP ERP
7.3
Plug-ins
MYOB
5.0
SAP ERP
7.3

Security

MYOB
6.1
SAP ERP
9.0
Single sign-on capability
MYOB
6.4
SAP ERP
8.8
Role-based user permissions
MYOB
5.8
SAP ERP
9.2

Reporting & Analytics

MYOB
5.6
SAP ERP
7.0
Dashboards
MYOB
3.3
SAP ERP
6.5
Standard reports
MYOB
7.1
SAP ERP
7.4
Custom reports
MYOB
6.5
SAP ERP
7.1

General Ledger and Configurable Accounting

MYOB
4.5
SAP ERP
8.4
Accounts payable
MYOB
5.4
SAP ERP
8.7
Accounts receivable
MYOB
6.4
SAP ERP
8.3
Cash management
MYOB
5.4
SAP ERP
Bank reconciliation
MYOB
7.0
SAP ERP
Expense management
MYOB
7.4
SAP ERP
Time tracking
MYOB
1.0
SAP ERP
Fixed asset management
MYOB
5.5
SAP ERP
Multi-currency support
MYOB
1.0
SAP ERP
Multi-division support
MYOB
1.0
SAP ERP
Regulations compliance
MYOB
5.0
SAP ERP
Electronic tax filing
MYOB
5.0
SAP ERP
Self-service portal
MYOB
4.0
SAP ERP

Inventory Management

MYOB
1.5
SAP ERP
8.6
Inventory tracking
MYOB
3.0
SAP ERP
9.1
Automatic reordering
MYOB
1.0
SAP ERP
7.9
Location management
MYOB
1.0
SAP ERP
8.4
Manufacturing module
MYOB
1.0
SAP ERP
8.8

Order Management

MYOB
4.9
SAP ERP
7.7
Pricing
MYOB
6.1
SAP ERP
8.2
Order entry
MYOB
6.5
SAP ERP
8.2
Credit card processing
MYOB
1.0
SAP ERP
6.4
Cost of goods sold
MYOB
6.0
SAP ERP
8.0

Pros

MYOB

  • Invoices
  • Purchase Orders
Anonymous | TrustRadius Reviewer

SAP ERP

  • Integration of functions within the organization (example: warehouse releasing and inventory management with finance costing and logistics)
  • Security features are on point. Clear segregation of duties can be achieved by assigning access rights based on least privilege principle
  • Can be easily learned.
  • Roles assigned to users can be customized.
Brandon Macapelit, CISA | TrustRadius Reviewer

Cons

MYOB

  • Allows the client to manipulate dates when that can screw up their books
  • constantly freezes which causes the file to be corrupt
  • force balances the balance sheet
Kati Hesley | TrustRadius Reviewer

SAP ERP

  • High cost of licensing, implementation & maintenance.
  • It gets complex when companies try to implement their existing business processes to Standard SAP provided business processes if it differs.
  • It is not for small/medium size businesses
  • The complete implementation process may take several years. Usually, companies take core modules of SAP ERP & implement those first.
Anonymous | TrustRadius Reviewer

Likelihood to Renew

MYOB

MYOB 9.5
Based on 2 answers
We have been looking in to other cloud based accounting options.
Anonymous | TrustRadius Reviewer

SAP ERP

SAP ERP 8.6
Based on 4 answers
The cost of SAP as an ERP is quite high and the switching costs associated with ERP systems are even higher. That being said moving from one ERP to another only happens once in a great while for large organizations. Those switching costs include retraining, IT hardware requirements, outside consultants and more
Todd Bellamy | TrustRadius Reviewer

Usability

MYOB

MYOB 10.0
Based on 1 answer
It is easy to use - I just don't agree with restrictions and functionality
Kati Hesley | TrustRadius Reviewer

SAP ERP

SAP ERP 9.0
Based on 3 answers
SAP ERP is highly efficient with handling both large and complex organizations and it has the ability to handle different departments within the company and the data security is fool proof. It also automatically enables the data to be available between different modules such as SD and MM or HCM or IM and QM so users do not have to use multiple applications to run their everyday business.
Harminder Chahal | TrustRadius Reviewer

Support Rating

MYOB

MYOB 1.0
Based on 1 answer
They aren't willing to help at all unless you pay
Kati Hesley | TrustRadius Reviewer

SAP ERP

SAP ERP 9.5
Based on 3 answers
SAP provides support to all the different modules in SAP by releasing regular updates to the existing issues as well as provide with documentation for new technologies. SAP gives extensive support on SAP ERP by releasing regular news updates and latest development technologies that are upcoming in the market based on other competitors.
Harminder Chahal | TrustRadius Reviewer

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.
Stephen Lalla | TrustRadius Reviewer

SAP ERP

SAP was found to be better suited for the manufacturing nature of our organization's business and provides robust process integrations across production, supply chain, order management, material master and inventory management. Although the user experience aspect was less than desirable, the business process consolidation outweighed this shortcoming. The cost of implementation and maintenance was higher for SAP.
Anonymous | TrustRadius Reviewer

Return on Investment

MYOB

  • MYOB dropped software updates for Apple IOS
  • Lack of software updates / support had a MAJOR NEGATIVE IMPACT
Anonymous | TrustRadius Reviewer

SAP ERP

  • The Coca-Cola bottlers use a multi-tenant environment, and that helps their bottom line as they share a single instance.
  • Integration back to sales enables the Bottles to be more efficient and saves costs that relate to integration to 3rd party sales applications.
  • Reduces the number of 3rd party applications, which saves on operating costs.
Domenic Vetro | TrustRadius Reviewer

Pricing Details

MYOB

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

SAP ERP

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

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