What users are saying about
67 Ratings
6 Ratings
67 Ratings
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Score 6.2 out of 100
6 Ratings
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Score 8.5 out of 100

Feature Set Ratings

  • MYOB ranks higher in 3 feature sets: Security, Reporting & Analytics, General Ledger and Configurable Accounting
  • Visual Lease ranks higher in 1 feature set: Inventory Management

Payroll Management

6.6

MYOB

66%

Visual Lease

Feature Set Not Supported
N/A
MYOB ranks higher in 5/5 features

Pay calculation

7.1
71%
11 Ratings
N/A
0 Ratings

Benefit plan administration

6.5
65%
7 Ratings
N/A
0 Ratings

Direct deposit files

6.8
68%
9 Ratings
N/A
0 Ratings

Salary revision and increment management

6.5
65%
7 Ratings
N/A
0 Ratings

Reimbursement management

6.2
62%
7 Ratings
N/A
0 Ratings

Customization

5.5

MYOB

55%

Visual Lease

Feature Set Not Supported
N/A
MYOB ranks higher in 2/2 features

API for custom integration

5.4
54%
6 Ratings
N/A
0 Ratings

Plug-ins

5.5
55%
5 Ratings
N/A
0 Ratings

Security

6.8

MYOB

68%
6.7

Visual Lease

67%
MYOB ranks higher in 1/2 features

Single sign-on capability

6.6
66%
10 Ratings
8.0
80%
3 Ratings

Role-based user permissions

7.1
71%
11 Ratings
5.3
53%
3 Ratings

Reporting & Analytics

6.0

MYOB

60%
5.1

Visual Lease

51%
MYOB ranks higher in 3/3 features

Dashboards

6.2
62%
10 Ratings
5.3
53%
3 Ratings

Standard reports

6.4
64%
11 Ratings
5.0
50%
3 Ratings

Custom reports

5.5
55%
10 Ratings
5.0
50%
3 Ratings

General Ledger and Configurable Accounting

5.3

MYOB

53%
5.0

Visual Lease

50%
MYOB ranks higher in 21/21 features

Accounts payable

6.4
64%
15 Ratings
N/A
0 Ratings

Accounts receivable

6.4
64%
15 Ratings
N/A
0 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
5.0
50%
2 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%
10.0

Visual Lease

100%
MYOB ranks higher in 3/4 features

Inventory tracking

6.6
66%
8 Ratings
N/A
0 Ratings

Automatic reordering

4.7
47%
5 Ratings
N/A
0 Ratings

Location management

4.5
45%
5 Ratings
10.0
100%
1 Rating

Manufacturing module

4.3
43%
5 Ratings
N/A
0 Ratings

Order Management

5.5

MYOB

55%

Visual Lease

Feature Set Not Supported
N/A
MYOB ranks higher in 7/7 features

Pricing

5.5
55%
6 Ratings
N/A
0 Ratings

Order entry

5.5
55%
6 Ratings
N/A
0 Ratings

Credit card processing

5.5
55%
5 Ratings
N/A
0 Ratings

Cost of goods sold

5.5
55%
6 Ratings
N/A
0 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

  • Visual Lease is rated higher in 3 areas: Likelihood to Recommend, Usability, Support Rating

Likelihood to Recommend

5.4

MYOB

54%
17 Ratings
8.3

Visual Lease

83%
3 Ratings

Likelihood to Renew

9.5

MYOB

95%
2 Ratings

Visual Lease

N/A
0 Ratings

Usability

5.7

MYOB

57%
13 Ratings
7.3

Visual Lease

73%
3 Ratings

Support Rating

5.3

MYOB

53%
14 Ratings
6.7

Visual Lease

67%
3 Ratings

Implementation Rating

5.0

MYOB

50%
2 Ratings

Visual Lease

N/A
0 Ratings

Ease of integration

1.0

MYOB

10%
1 Rating

Visual Lease

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

Visual Lease

Visual Lease is well suited for companies that are trying to manage their leases in a more automated way other then spreadsheet. A company that needs visibility around their leases and wants to stay in compliance with the ever changing world of accounting. A company that wants a software that can integrate with their ERP and make routine monthly accounting entries.
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.
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Visual Lease

  • Generates abstract reports
  • Allows us to include lessor's leases
  • Fairly user friendly
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

Visual Lease

  • So far, this has worked out extremely well for our governmental environment.
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

    Visual Lease

    Starting Price

    $0

    Editions & Modules

    Visual Lease 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

      Visual Lease

      No answers on this topic

      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

      Visual Lease

      Visual Lease has been really helpful to our company and we haven't had any issues
      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

      Visual Lease

      Visual Lease support was not too impressive to me because when I reached out to ask about the XXX codes in the journal entries, they did not seem concerned. They just said they were default accounts, but I did not know what I was supposed to do with them since we did not have these accounts. Also, when I asked about API integration, I could not get a good response on how to get Visual Lease to be connected with Intacct.
      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

      Visual Lease

      We also evaluated Lease Accelerator and Lease Query. We didn't go with Lease Accelerator because it didn't have lessor leases. We did not go with Lease Query because they did not have abstract reports.
      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

      Visual Lease

      • This has been extremely important in compiling all of the many leases that we have going on throughout different years and timelines.
      Read full review

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