What users are saying about
67 Ratings
445 Ratings
67 Ratings
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Score 6.2 out of 100
445 Ratings
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Score 8.6 out of 100

Feature Set Ratings

  • SAP ERP ranks higher in 7 feature sets: Payroll Management, Customization, Security, Reporting & Analytics, General Ledger and Configurable Accounting, Inventory Management, Order Management

Payroll Management

6.6

MYOB

66%
8.1

SAP ERP

81%
SAP ERP ranks higher in 4/5 features

Pay calculation

7.1
71%
11 Ratings
5.0
50%
1 Rating

Benefit plan administration

6.5
65%
7 Ratings
8.7
87%
22 Ratings

Direct deposit files

6.8
68%
9 Ratings
8.7
87%
20 Ratings

Salary revision and increment management

6.5
65%
7 Ratings
9.0
90%
21 Ratings

Reimbursement management

6.2
62%
7 Ratings
9.2
92%
23 Ratings

Customization

5.5

MYOB

55%
7.3

SAP ERP

73%
SAP ERP ranks higher in 2/2 features

API for custom integration

5.4
54%
6 Ratings
7.9
79%
33 Ratings

Plug-ins

5.5
55%
5 Ratings
6.8
68%
27 Ratings

Security

6.8

MYOB

68%
9.7

SAP ERP

97%
SAP ERP ranks higher in 2/2 features

Single sign-on capability

6.6
66%
10 Ratings
9.7
97%
35 Ratings

Role-based user permissions

7.1
71%
11 Ratings
9.7
97%
40 Ratings

Reporting & Analytics

6.0

MYOB

60%
8.3

SAP ERP

83%
SAP ERP ranks higher in 3/3 features

Dashboards

6.2
62%
10 Ratings
7.8
78%
32 Ratings

Standard reports

6.4
64%
11 Ratings
8.6
86%
40 Ratings

Custom reports

5.5
55%
10 Ratings
8.6
86%
40 Ratings

General Ledger and Configurable Accounting

5.3

MYOB

53%
8.5

SAP ERP

85%
MYOB ranks higher in 19/21 features

Accounts payable

6.4
64%
15 Ratings
9.2
92%
41 Ratings

Accounts receivable

6.4
64%
15 Ratings
9.2
92%
41 Ratings

Cash management

5.8
58%
14 Ratings
N/A
0 Ratings

Bank reconciliation

6.4
64%
15 Ratings
N/A
0 Ratings

Expense management

6.5
65%
11 Ratings
N/A
0 Ratings

Time tracking

5.6
56%
6 Ratings
N/A
0 Ratings

Fixed asset management

5.0
50%
8 Ratings
N/A
0 Ratings

Multi-currency support

3.3
33%
7 Ratings
N/A
0 Ratings

Multi-division support

3.7
37%
6 Ratings
N/A
0 Ratings

Regulations compliance

4.9
49%
8 Ratings
N/A
0 Ratings

Electronic tax filing

5.9
59%
9 Ratings
N/A
0 Ratings

Self-service portal

5.4
54%
7 Ratings
N/A
0 Ratings

Global Financial Support

5.9
59%
5 Ratings
N/A
0 Ratings

Primary and Secondary Ledgers

5.6
56%
7 Ratings
N/A
0 Ratings

Intercompany Accounting

3.9
39%
5 Ratings
N/A
0 Ratings

Localizations

5.9
59%
5 Ratings
N/A
0 Ratings

Journals and Reconciliations

5.8
58%
11 Ratings
N/A
0 Ratings

Enterprise Accounting

4.7
47%
4 Ratings
N/A
0 Ratings

Configurable Accounting

5.4
54%
8 Ratings
N/A
0 Ratings

Centralized Rules Framework

3.9
39%
3 Ratings
N/A
0 Ratings

Standardized Processes

5.6
56%
7 Ratings
N/A
0 Ratings

Inventory Management

5.0

MYOB

50%
8.8

SAP ERP

88%
SAP ERP ranks higher in 4/4 features

Inventory tracking

6.6
66%
8 Ratings
9.3
93%
35 Ratings

Automatic reordering

4.7
47%
5 Ratings
9.1
91%
31 Ratings

Location management

4.5
45%
5 Ratings
8.4
84%
33 Ratings

Manufacturing module

4.3
43%
5 Ratings
8.5
85%
30 Ratings

Order Management

5.5

MYOB

55%
8.6

SAP ERP

86%
SAP ERP ranks higher in 4/7 features

Pricing

5.5
55%
6 Ratings
8.7
87%
34 Ratings

Order entry

5.5
55%
6 Ratings
8.8
88%
36 Ratings

Credit card processing

5.5
55%
5 Ratings
8.7
87%
23 Ratings

Cost of goods sold

5.5
55%
6 Ratings
8.3
83%
33 Ratings

Order Orchestration

5.5
55%
4 Ratings
N/A
0 Ratings

End-to-end order visibility

5.5
55%
4 Ratings
N/A
0 Ratings

Order exception Resolution

5.5
55%
4 Ratings
N/A
0 Ratings

Attribute Ratings

  • MYOB is rated higher in 2 areas: Likelihood to Renew, Implementation Rating
  • SAP ERP is rated higher in 3 areas: Likelihood to Recommend, Usability, Support Rating

Likelihood to Recommend

5.4

MYOB

54%
17 Ratings
8.6

SAP ERP

86%
48 Ratings

Likelihood to Renew

9.5

MYOB

95%
2 Ratings
9.0

SAP ERP

90%
5 Ratings

Usability

5.7

MYOB

57%
13 Ratings
8.3

SAP ERP

83%
12 Ratings

Availability

MYOB

N/A
0 Ratings
10.0

SAP ERP

100%
2 Ratings

Support Rating

5.4

MYOB

54%
14 Ratings
7.9

SAP ERP

79%
13 Ratings

Implementation Rating

5.0

MYOB

50%
2 Ratings
3.0

SAP ERP

30%
2 Ratings

Ease of integration

1.0

MYOB

10%
1 Rating

SAP ERP

N/A
0 Ratings

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

The availability of the leading and non-leading ledgers meets our financial reporting requirements and helps us fulfill both the stock exchange requirements at the parent company level and country-specific requirements at the operating entity level. In addition, the Open Item Managed Account feature ensures that reporting teams optimize their efforts on subsystem-driven accounts to achieve accounting concurrency.
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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

  • Organizational resource management and integration of different departments with each other as a software automation
  • We have Access to all insights and analytics data from anywhere
  • It doesn't matter how big your organization is, it supports everything from small companies to giant high-tech organizations, and they all have access to data at very high speeds.
  • If you use the web and cloud version, the initial costs will be greatly reduced and even a small start-up small company can enjoy the benefits of SAP ERP.
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

  • SAP sometimes gets slow whenever most of the people in the company simultaneously use it
  • Hopefully they would extend background job processing to all tables in SAP since it sometimes goes time out whenever extracting large historical data (ex. 5 years expense data)
Read full review

Pricing Details

MYOB

Starting Price

Editions & Modules

MYOB editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    SAP ERP

    Starting Price

    Editions & Modules

    SAP ERP editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      MYOB

      Our clients seems hesitant to change softwares so I don't see why we wouldn't be renewing with MYOB
      Read full review

      SAP

      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
      Read full review

      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.
      Read full review

      SAP

      It is worth my time as far as my concern I just loved the product and it has saved me from many problems that I used to [deal] with earlier overall it has [enhanced] my work efficiency that is why I am happy to give this rating to this product Also I loved the features and worth my working skills.
      Read full review

      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.
      Read full review

      SAP

      Well, I've had several scenarios where it was evident that they simply buy time. At the same time, their Product Support and Implementation teams are most likely not in sync. What's said by a member of implementation may not hold good when you refer the same thing with a member of the support team.
      Read full review

      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.
      Read full review

      SAP

      SAP is totally integrated as are many of its greatest competitors, but the level of detail in the integration between modules puts SAP heads and shoulders above all others. Granted, the SAP implementation can be much more difficult to perform, but in the long run, the amount of effort you put in will result in excellent usability. After using Oracle's E-Business Suite for over 20 years, we did a due diligence search that lasted over 18 months before making a decision to go with SAP. This was a result of our Oracle system being made "un-upgradeable" due to a custom module that Oracle Consulting actually built for us. We were stuck in an old version of their database that would not work upon patching to the next version.
      Read full review

      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.
      Read full review

      SAP

      • SAP has helped in transparency across different business unit and single financial view of the company that previously did not exist.
      • The cost of supporting the solution is slightly higher than the previous ERP and the consulting solutions cost more.
      • Overall SAP has brought in positive ROI and uniform business practices across the organization
      Read full review

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