What users are saying about
28 Ratings
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Top Rated
283 Ratings
28 Ratings
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Score 4.5 out of 100

SAP ERP

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Top Rated
283 Ratings
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Score 8.3 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 profile photo

SAP ERP

If business and financial consolidation is a problem for any organization, SAP would work very well to bring in consistency in processes and transparency in financials. The solution works well if the customization is kept to a minimal level and industry standard business processes are followed in an organization
No photo available

Feature Rating Comparison

Payroll Management

MYOB
1.4
SAP ERP
7.3
Pay calculation
MYOB
2.0
SAP ERP
5.0
Benefit plan administration
MYOB
1.0
SAP ERP
7.8
Direct deposit files
MYOB
1.0
SAP ERP
8.1
Salary revision and increment management
MYOB
1.0
SAP ERP
7.6
Reimbursement management
MYOB
2.0
SAP ERP
8.0

Customization

MYOB
4.5
SAP ERP
7.3
API for custom integration
MYOB
4.0
SAP ERP
7.2
Plug-ins
MYOB
5.0
SAP ERP
7.3

Security

MYOB
6.1
SAP ERP
8.9
Single sign-on capability
MYOB
6.4
SAP ERP
8.6
Role-based user permissions
MYOB
5.8
SAP ERP
9.1

Reporting & Analytics

MYOB
5.6
SAP ERP
7.0
Dashboards
MYOB
3.3
SAP ERP
6.5
Standard reports
MYOB
7.1
SAP ERP
7.3
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
8.4
Accounts receivable
MYOB
6.4
SAP ERP
7.9
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
8.1
Inventory tracking
MYOB
3.0
SAP ERP
8.7
Automatic reordering
MYOB
1.0
SAP ERP
7.5
Location management
MYOB
1.0
SAP ERP
7.9
Manufacturing module
MYOB
1.0
SAP ERP
8.2

Order Management

MYOB
4.9
SAP ERP
7.5
Pricing
MYOB
6.1
SAP ERP
8.1
Order entry
MYOB
6.5
SAP ERP
7.8
Credit card processing
MYOB
1.0
SAP ERP
6.1
Cost of goods sold
MYOB
6.0
SAP ERP
7.8

Pros

MYOB

  • Invoices
  • Purchase Orders
No photo available

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 profile photo

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 profile photo

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.
No photo available

Likelihood to Renew

MYOB

MYOB 9.5
Based on 2 answers
We have been looking in to other cloud based accounting options.
No photo available

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 profile photo

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 profile photo

SAP ERP

SAP ERP 8.0
Based on 1 answer
Once you learn how to use SAP ERP, it becomes a powerful tool for analysis and inventory management.
No photo available

Support

MYOB

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

SAP ERP

SAP ERP 3.0
Based on 1 answer
No answer on this topic is available.

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 profile photo

SAP ERP

I have made several comparisons between ERP software a long time ago (early 2000). They are not valid anymore as the complete set of players in the market has changed dramatically. Nowadays, SAP ERP still is a big player in the market, but the most significant competitors have changed from then to now.
No photo available

Return on Investment

MYOB

  • MYOB dropped software updates for Apple IOS
  • Lack of software updates / support had a MAJOR NEGATIVE IMPACT
No photo available

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 profile photo

Pricing Details

MYOB

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?

SAP ERP

General

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

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