Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MYOB
Score 7.9 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 HANA Cloud
Score 8.9 out of 10
N/A
SAP HANA is an application that uses in-memory database technology to process very large amounts of real-time data from relational databases, both SAP and non-SAP, in a very short time. The in-memory computing engine allows HANA to process data stored in RAM as opposed to reading it from a disk which means that the data can be accessed in real time by the applications using HANA. The product is sold both as an appliance and as a cloud-based software solution.
$0.95
per month Capacity Units
Pricing
MYOBSAP HANA Cloud
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
No answers on this topic
Offerings
Pricing Offerings
MYOBSAP HANA Cloud
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional DetailsIncludes a one year free trial.
More Pricing Information
Community Pulse
MYOBSAP HANA Cloud
Features
MYOBSAP HANA Cloud
Payroll Management
Comparison of Payroll Management features of Product A and Product B
MYOB
10.0
12 Ratings
28% above category average
SAP HANA Cloud
-
Ratings
Pay calculation10.012 Ratings00 Ratings
Benefit plan administration10.08 Ratings00 Ratings
Direct deposit files10.010 Ratings00 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 HANA Cloud
-
Ratings
API for custom integration10.07 Ratings00 Ratings
Plug-ins10.06 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
MYOB
10.0
12 Ratings
20% above category average
SAP HANA Cloud
-
Ratings
Single sign-on capability10.011 Ratings00 Ratings
Role-based user permissions10.012 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
MYOB
10.0
12 Ratings
24% above category average
SAP HANA Cloud
-
Ratings
Dashboards10.011 Ratings00 Ratings
Standard reports10.012 Ratings00 Ratings
Custom reports10.011 Ratings00 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 HANA Cloud
-
Ratings
Accounts payable10.016 Ratings00 Ratings
Accounts receivable10.016 Ratings00 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 Ratings00 Ratings
Primary and Secondary Ledgers10.08 Ratings00 Ratings
Intercompany Accounting10.06 Ratings00 Ratings
Localizations10.06 Ratings00 Ratings
Journals and Reconciliations10.012 Ratings00 Ratings
Enterprise Accounting2.84 Ratings00 Ratings
Configurable Accounting10.09 Ratings00 Ratings
Centralized Rules Framework10.04 Ratings00 Ratings
Standardized Processes10.08 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
MYOB
10.0
9 Ratings
31% above category average
SAP HANA Cloud
-
Ratings
Inventory tracking10.09 Ratings00 Ratings
Automatic reordering10.06 Ratings00 Ratings
Location management10.06 Ratings00 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 HANA Cloud
-
Ratings
Pricing10.07 Ratings00 Ratings
Order entry10.07 Ratings00 Ratings
Credit card processing10.06 Ratings00 Ratings
Cost of goods sold10.07 Ratings00 Ratings
Order Orchestration10.05 Ratings00 Ratings
End-to-end order visibility10.05 Ratings00 Ratings
Order exception Resolution10.05 Ratings00 Ratings
Relational Databases
Comparison of Relational Databases features of Product A and Product B
MYOB
-
Ratings
SAP HANA Cloud
7.6
37 Ratings
4% below category average
ACID compliance00 Ratings8.225 Ratings
Database monitoring00 Ratings7.535 Ratings
Database locking00 Ratings7.629 Ratings
Encryption00 Ratings7.231 Ratings
Disaster recovery00 Ratings7.930 Ratings
Flexible deployment00 Ratings7.332 Ratings
Multiple datatypes00 Ratings7.333 Ratings
Best Alternatives
MYOBSAP HANA Cloud
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 5.9 out of 10
InterSystems IRIS
InterSystems IRIS
Score 8.0 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.1 out of 10
InterSystems IRIS
InterSystems IRIS
Score 8.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 7.5 out of 10
SAP IQ
SAP IQ
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
MYOBSAP HANA Cloud
Likelihood to Recommend
9.0
(19 ratings)
9.6
(308 ratings)
Likelihood to Renew
9.5
(2 ratings)
10.0
(11 ratings)
Usability
10.0
(15 ratings)
9.6
(29 ratings)
Availability
-
(0 ratings)
3.6
(1 ratings)
Performance
-
(0 ratings)
3.6
(1 ratings)
Support Rating
1.2
(14 ratings)
9.1
(251 ratings)
Implementation Rating
5.0
(1 ratings)
9.1
(2 ratings)
Configurability
-
(0 ratings)
3.6
(1 ratings)
Ease of integration
1.0
(1 ratings)
4.5
(1 ratings)
Product Scalability
-
(0 ratings)
4.5
(1 ratings)
Vendor post-sale
-
(0 ratings)
4.5
(1 ratings)
Vendor pre-sale
-
(0 ratings)
3.6
(1 ratings)
User Testimonials
MYOBSAP HANA Cloud
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
I think if you have a large organization, it's probably the product and the marketplace to go to. We're a large management consulting firm operating in four to seven countries. And generally speaking, I think that's the size and the scope where it scales best. I can't speak to smaller companies, but I can't see smaller companies leveraging the benefits as much as a larger organization can.
Read full review
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.
Read full review
SAP
  • Real-time reporting and analytics on data: because of its in-memory architecture, it is perfect for businesses that need to make quick decisions based on current information.
  • Managing workload with complex data: it can handle a vast range of data types, including relational, documental, geospatial, graph, vector, and time series data.
  • Developing and deploying intelligent data applications: it provides various tools for such applications and can be used for machine learning and artificial intelligence to automate tasks, gain insights from data, and make predictions.
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
  • Requires higher processing power, otherwise it won't fly. How ever computing costs are lower. Incase you are migrating to cloud please do not select the highest config available in that series . Upgrading it later against a reserved instance can cost you dearly with a series change
  • Lack of clarity on licensing is one major challenge
  • Unless S/4 with additional features are enabled mere migration HANA DB is not a rewarding journey. Power is in S/4
Read full review
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
We would rate our likelihood of renewing at 9/10. SAP HANA Cloud has proven to be a highly reliable and scalable data platform that consistently delivers strong performance. Its seamless integration with our overall SAP landscape, combined with improved analytics and real-time data capabilities, makes it a core part of our long-term technology strategy.
Read full review
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.
Read full review
SAP
It is very useful solution which provides you speedier data processing, real-time analytics. It helps you manage diverse data types. It also offers you excellent disaster management. It has user friendly interface which helps you navigate system and transactions easily and perform task smoothly.
Read full review
Reliability and Availability
MYOB
No answers on this topic
SAP
so far, we didn't get any outage
Read full review
Performance
MYOB
No answers on this topic
SAP
so far good
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
However, I am not the right person to answer this as we have another department to handle support and contact the service provider for any support required. Although i will say that they are the quick respondent and knows how to handle querry of the customers and provide quick and better support.
Read full review
Implementation Rating
MYOB
No answers on this topic
SAP
Professional GIS people are some of the most risk-averse there are, and it's difficult to get them to move to HANA in one step. Start with small projects building to 80% use of HANA spatial over time.
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
I have deep knowledge of other disk based DBMSs. They are venerable technology, but the attempts to extend them to current architectures belie the fact they are built on 40 year old technology. There are some good columnar in-memory databases but they lack the completeness of capability present in the HANA platform.
Read full review
Contract Terms and Pricing Model
MYOB
No answers on this topic
SAP
I don't have visibility in licensing
Read full review
Scalability
MYOB
No answers on this topic
SAP
Limitation of training deliverable by organization
Read full review
Professional Services
MYOB
No answers on this topic
SAP
We are still in process for the first applciaiton
Read full review
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.
Read full review
SAP
  • ROI has always been high in terms of the functionality that it offers and the security features it comes with.
  • Managing large volumes of data in real-time is not an easy task, but it does it pretty well with faster data processing.
Read full review
ScreenShots