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FinancialForce Accounting vs MYOB Essentials Comparison
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Overview
FinancialForce Accounting is a scalable cloud accounting application for growing sales & service-centric companies. FinancialForce...
MYOB Essentials is accounting software designed to help businesses of any size across Australia and New Zealand take care...
- Platforms supported
- Web-based
- iPhone app
- Android app
- Windows Phone app
- Typical customers
- Freelancers
- Small businesses
- Mid size businesses
- Large enterprises
- Customer support
- Phone
- Online
- Knowledge base
- Video tutorials
- Platforms supported
- Web-based
- iPhone app
- Android app
- Windows Phone app
- Typical customers
- Freelancers
- Small businesses
- Mid size businesses
- Large enterprises
- Customer support
- Phone
- Online
- Knowledge base
- Video tutorials
Screenshots
Pricing
Starting from
/
No info available
/- Free trial available
- No credit card required
- Free account
- Subscription based
Starting from
A$5.00/mo.month
- Free trial available
- No credit card required
- Free account
- Subscription based
User reviews
Pros
It's really nice product and useful and easy to navigate and report the results. I have recommended for several customers too.
Built on a cloud platform this allows me to manage my accounting in a better way. And the most amazing part is it's available everywhere.
Overall good experience with some bumps. The features are great but the configuration bit complicated.
Pros
It is user friendly and easy to navigate. The cost did increase quite a bit over the 6 years I was using it but it is pretty relative to other accounting software available.
Good Alternative Cloud Accounting Package for the MYOB Faithful.
I would recommend it to someone say a professional bookkeeper, I found Quickbooks to be more user friendly for easy bookkeeping soultuons also finding Quickbooks a lot cheaper than MYOB.
Cons
No Country customization. No links to local authorities (VAT, direct tax Returns).
Subject to user error, so train employees diligently.
Customer service, financial force has a serious lack of empathy towards thier clients.
Cons
They might have stolen but it has cost them a customer and I will tell everybody I meet to avoid that software and company like the plague.
Data entry is not fluid and constant delays in processing. We contacted MYOB support regarding this and "they are working on the problem" so it appears it is a common problem.
The interface is ok but the customer service is terrible.
Key features
- Total features53
- "What If" Scenarios
- 360 Degree Feedback
- API
- Account Reconciliation
- Accounting Integration
- Accounting Management
- Activity Dashboard
- Activity Tracking
- Application Integration
- Asset Lifecycle Management
- Audit Trail
- Bank Reconciliation
- Billing & Invoicing
- Budgeting
- Business Intelligence
- Cash Flow Management
- Cash Management
- Charting
- Chat
- Collaboration Tools
- Collections Management
- Compliance Management
- Configurable Workflow
- Contact Management
- Contract Management
- Custom Charts
- Customer Database
- Customizable Branding
- Customizable Reporting
- Customizable Templates
- Data Import
- Data Synchronization
- Data Visualization
- Deadline Management
- Document Templates
- Electronic Payments
- Expense Claims
- Expense Tracking
- Financial Analysis
- Financial Management
- Fixed Asset Management
- Forecasting
- General Ledger
- Goal Setting / Tracking
- History Tracking
- Inventory Management
- Inventory Tracking
- Invoice Management
- Invoice Processing
- Job Management
- Job Tracking
- Leave Tracking
- Mobile Integration
- Multi-Company
- Multi-Currency
- Multiple User Accounts
- Offline Access
- Payroll Management
- Process Control
- Profit / Loss Statement
- Profitability Analysis
- Project Time Tracking
- Project Tracking
- Purchase Order Management
- Quote Management
- Real Time Analytics
- Real Time Data
- Real Time Reporting
- Real Time Updates
- Receiving
- Records Management
- Recurring Billing
- Reporting & Statistics
- Revenue Management
- Revenue Recognition
- Role-Based Permissions
- Sales Forecasting
- Sales Tax Management
- Self Service Portal
- Sick Leave Tracking
- Supplier Management
- Template Management
- Third Party Integration
- Time & Expense Tracking
- Timesheets
- Transaction Monitoring
- Visual Analytics
- Total features52
- "What If" Scenarios
- 360 Degree Feedback
- API
- Account Reconciliation
- Accounting Integration
- Accounting Management
- Activity Dashboard
- Activity Tracking
- Application Integration
- Asset Lifecycle Management
- Audit Trail
- Bank Reconciliation
- Billing & Invoicing
- Budgeting
- Business Intelligence
- Cash Flow Management
- Cash Management
- Charting
- Chat
- Collaboration Tools
- Collections Management
- Compliance Management
- Configurable Workflow
- Contact Management
- Contract Management
- Custom Charts
- Customer Database
- Customizable Branding
- Customizable Reporting
- Customizable Templates
- Data Import
- Data Synchronization
- Data Visualization
- Deadline Management
- Document Templates
- Electronic Payments
- Expense Claims
- Expense Tracking
- Financial Analysis
- Financial Management
- Fixed Asset Management
- Forecasting
- General Ledger
- Goal Setting / Tracking
- History Tracking
- Inventory Management
- Inventory Tracking
- Invoice Management
- Invoice Processing
- Job Management
- Job Tracking
- Leave Tracking
- Mobile Integration
- Multi-Company
- Multi-Currency
- Multiple User Accounts
- Offline Access
- Payroll Management
- Process Control
- Profit / Loss Statement
- Profitability Analysis
- Project Time Tracking
- Project Tracking
- Purchase Order Management
- Quote Management
- Real Time Analytics
- Real Time Data
- Real Time Reporting
- Real Time Updates
- Receiving
- Records Management
- Recurring Billing
- Reporting & Statistics
- Revenue Management
- Revenue Recognition
- Role-Based Permissions
- Sales Forecasting
- Sales Tax Management
- Self Service Portal
- Sick Leave Tracking
- Supplier Management
- Template Management
- Third Party Integration
- Time & Expense Tracking
- Timesheets
- Transaction Monitoring
- Visual Analytics
Integrations
- Total integrations40
- Authorize.net
- Dropbox Business
- FreshBooks
- Magento Commerce
- Microsoft Dynamics GP
- Microsoft Excel
- NetSuite
- PayPal
- QuickBooks Online
- QuickBooks Online Advanced
- SAP Business One
- Sage Intacct
- Salesforce Sales Cloud
- Shopify
- Slack
- Stripe
- WooCommerce
- Workato
- Xero
- Zapier
- Total integrations157
- Authorize.net
- Dropbox Business
- FreshBooks
- Magento Commerce
- Microsoft Dynamics GP
- Microsoft Excel
- NetSuite
- PayPal
- QuickBooks Online
- QuickBooks Online Advanced
- SAP Business One
- Sage Intacct
- Salesforce Sales Cloud
- Shopify
- Slack
- Stripe
- WooCommerce
- Workato
- Xero
- Zapier
Security
- Encryption of sensitive data at rest
- HTTPS for all pages (web-based apps)
- Reports/alerts for security breaches
- Multifactor authentication options
- Customer data removed upon service cancellation
- Encryption of sensitive data at rest
- HTTPS for all pages (web-based apps)
- Reports/alerts for security breaches
- Multifactor authentication options
- Customer data removed upon service cancellation
Alternatives
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FinancialForce Accounting vs. MYOB Essentials
See how FinancialForce Accounting and MYOB Essentials stack up against each other by comparing features, pricing, ratings and reviews, integrations, screenshots and security. Compare real user opinions on the pros and cons to make more informed decisions.
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