What users are saying about
28 Ratings
4 Ratings
28 Ratings
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Score 3.8 out of 100
4 Ratings
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Score 8 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

Xactly CEA

CEA is well suited for small and rapidly growing companies where manually calculating commissions expense for ASC606 is not an option due to a lack of internal resources. CEA is less appropriate for larger companies that have the resources and likely a person, or people, who only focus on commissions.
Anonymous | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

MYOB
1.4
Xactly CEA
Pay calculation
MYOB
2.0
Xactly CEA
Benefit plan administration
MYOB
1.0
Xactly CEA
Direct deposit files
MYOB
1.0
Xactly CEA
Salary revision and increment management
MYOB
1.0
Xactly CEA
Reimbursement management
MYOB
2.0
Xactly CEA

Customization

MYOB
4.5
Xactly CEA
API for custom integration
MYOB
4.0
Xactly CEA
Plug-ins
MYOB
5.0
Xactly CEA

Security

MYOB
6.1
Xactly CEA
7.3
Single sign-on capability
MYOB
6.4
Xactly CEA
7.3
Role-based user permissions
MYOB
5.8
Xactly CEA
7.3

Reporting & Analytics

MYOB
5.6
Xactly CEA
4.9
Dashboards
MYOB
3.3
Xactly CEA
1.8
Standard reports
MYOB
7.1
Xactly CEA
6.4
Custom reports
MYOB
6.5
Xactly CEA
6.4

General Ledger and Configurable Accounting

MYOB
4.5
Xactly CEA
4.5
Accounts payable
MYOB
5.4
Xactly CEA
Accounts receivable
MYOB
6.4
Xactly CEA
Cash management
MYOB
5.4
Xactly CEA
Bank reconciliation
MYOB
7.0
Xactly CEA
Expense management
MYOB
7.4
Xactly CEA
Time tracking
MYOB
1.0
Xactly CEA
Fixed asset management
MYOB
5.5
Xactly CEA
Multi-currency support
MYOB
1.0
Xactly CEA
6.4
Multi-division support
MYOB
1.0
Xactly CEA
6.4
Regulations compliance
MYOB
5.0
Xactly CEA
Electronic tax filing
MYOB
5.0
Xactly CEA
Self-service portal
MYOB
4.0
Xactly CEA
Journals and Reconciliations
MYOB
Xactly CEA
8.7
Configurable Accounting
MYOB
Xactly CEA
1.8
Centralized Rules Framework
MYOB
Xactly CEA
1.8
Standardized Processes
MYOB
Xactly CEA
1.8

Inventory Management

MYOB
1.5
Xactly CEA
Inventory tracking
MYOB
3.0
Xactly CEA
Automatic reordering
MYOB
1.0
Xactly CEA
Location management
MYOB
1.0
Xactly CEA
Manufacturing module
MYOB
1.0
Xactly CEA

Order Management

MYOB
4.9
Xactly CEA
Pricing
MYOB
6.1
Xactly CEA
Order entry
MYOB
6.5
Xactly CEA
Credit card processing
MYOB
1.0
Xactly CEA
Cost of goods sold
MYOB
6.0
Xactly CEA

Pros

MYOB

  • Invoices
  • Purchase Orders
Anonymous | TrustRadius Reviewer

Xactly CEA

  • Amortization waterfalls
  • Locked periods & PPA adjustments
  • Journal entries
Anonymous | 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

Xactly CEA

  • Dashboard is on a different page
  • Needing to rerun reports
  • Not being able to download reports and edit them
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

Xactly CEA

No score
No answers yet
No answers on this topic

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

Xactly CEA

No score
No answers yet
No answers on this topic

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

Xactly CEA

No score
No answers yet
No answers on this topic

Implementation Rating

MYOB

MYOB 5.0
Based on 1 answer
No answer on this topic is available.

Xactly CEA

Xactly CEA 8.7
Based on 2 answers
Go into implementation knowing how you will handle churn, if there are claw backs, treatment for every type of commission payment (i.e. new business, renewals, etc.) and know your average customer life. You'll also want details by customer for as far back as you can go (within reason).
Anonymous | 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

Xactly CEA

We selected Xactly CEA for ASC 606.
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

Xactly CEA

  • Efficiency
  • Centralized
  • Accurate
Anonymous | TrustRadius Reviewer

Pricing Details

MYOB

General

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

Xactly CEA

General

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

Rating Summary

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