FEATURE COMPARISON: MYOB VS SAASU

July 11, 2019

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When choosing between MYOB VS SAASU, many business owners feel unsure about which one suits their needs best. Both tools offer good options to track sales, expenses, and payroll. Still, the needs of each business can be different. This blog helps you compare MYOB and SAASU to pick the one that works best for your business.

Overview of MYOB and SAASU

Both MYOB and SAASU help with tasks like billing, GST, and reports. But they work in different ways. MYOB stands for “Mind Your Own Business.” It is a tool used by many firms in Australia and New Zealand. It suits small to medium-sized businesses. MYOB gives options like payroll, reports, cash flow, and time billing.

SAASU is cloud-based software that offers real-time cash flow and fast reports. It supports recurring billing and connects well with banks. SAASU also offers multi-currency options and suits those who do global trade.

MYOB VS SAASU: Key Features Compared

Let’s look at the key tools offered by MYOB and SAASU. Both cover most accounting needs, but some features differ.

BASIS	MYOB	SAASU
Invoices	MYOB sends online invoices via email and tracks and updates when and by whom they are opened or accessed. It also helps you design customized invoices. You can add your logo or a special quote, or design a template to make it look unique.	Saasu helps you automatically send and generate invoices both for business and customers. It also maintains a separate list of unpaid bills. It helps you create self-customized invoices that can be your company’s recognition.
Bank Compliance	MYOB maintains high compatibility with the banks and automatically records the transactions and payments made directly through the bank in the books of account. It lets the customer pay directly through invoices with the help of a Visa, Mastercard, or BPAY.	Saasu records and reconciles the bank feeds and processes a large volume of banking data. It also keeps the invoices linked to their respective transactions.
Dashboard	It prepares dashboards that help you view your performance over the years. These reports about your sales or pricing policies will help you grab suitable opportunities.	It prepares dashboards that let you examine your sales and payments.
Cashflow	MYOB brings you a clear view of your cash flow through various reports prepared that let you dig deeper into your finances. It keeps detailed records of all the expenses and income incurred through your customers and suppliers.	Saasu offers you a facility of cash-flow Forecaster. It will help you track the ins and outs of the cash and outline the pattern that helps you with your transactions and set their due dates.
Customer management	Record all the details like orders, contact dates, money owed, or due dates under 40+ categories that make the search for any data super smooth.	Record all the details and ways of contacting the customers, and send them their invoices and order tracking details accordingly. It also saves the attachments and documents that contain the details about the customers.
Payroll	MYOB automatically updates and calculates the tax annually according to the tax structure of the respective company.	Automatically calculates and updates the tax annually with no additional cost involved. Let you process the payment in a few easy steps that can be set as default for future payments too.
Inventory	Keep all detailed accounts of the inventory, from what you sell, what is left, and what you need to buy. Compare the cost and selling prices from different vendors, maximizing the margin of profitability.	Tracks all the purchases and supplies that occurred in the warehouse. Alerts when the inventory goes out of stock. Also, keep the details about the products available, like expiry date, so that replacements can be made.

In the MYOB VS SAASU feature list, MYOB leads in payroll and job tracking. SAASU shines in real-time data and speed. Your pick should depend on what features your firm uses the most.

Pricing Plans: Which Software Offers Better Value?

Price is key when small firms pick a tool. Both tools offer tiered plans.

MYOB Pricing

Starter Plan: For sole traders
Essentials Plan: With payroll and bills
AccountRight: Advanced reports and job control

MYOB gives more with higher plans, but at a higher cost.

SAASU Pricing

Base Plan: Basic invoicing
Medium Plan: More users and features
Large Plan: Multi-currency and stock

SAASU offers low-cost plans and full tools even in small plans. In terms of value, SAASU may suit budget users more.

User Experience: Interface and Ease of Use

Let’s compare the look and use of both tools. Both MYOB and SAASU want to keep things simple.

Ease of Use with MYOB

Simple menu for fast access
Templates to make bills and quotes
Easy to add GST and payroll

Some users find MYOB a bit slow with older systems. Still, it suits those who like desktop tools.

Ease of Use with SAASU

Light and fast screen
Easy to link banks
Clean views for reports

SAASU is fully cloud-based, so it is quicker and works from any device.

Integrations and Add-ons: Boosting Business Productivity

Tools that work with other apps can save time. In the MYOB VS SAASU comparison, SAASU offers smoother integrations, while MYOB supports more business tools overall.

MYOB Integrations

Works with Shopify, PayPal, Stripe
Link with POS tools
Payroll and tax tools

SAASU Integrations

Strong with bank feeds
Connect with CRMs
Works with Zapier for more links

Both tools offer good links, but SAASU is smoother with APIs. It helps if you want to link with other business apps.

Security and Data Backup: How Safe Are Your Financials?

All firms must keep data safe. MYOB and SAASU both offer good levels of safety.

MYOB Security

Two-factor login
Cloud backup with AccountRight
Data stored in AU servers

SAASU Security

Secure with TLS
Daily auto backups
Real-time data lock

When we talk about MYOB VS SAASU in safety, both take strong steps. SAASU adds live backup, which helps avoid loss.

Customer Support: MYOB and SAASU Service Ratings

Support helps when tools fail or confuse users. Let’s check who offers better help.

MYOB Support

Chat and phone
Help guides and videos
Paid support options

Some users say MYOB wait times are long during peak hours.

SAASU Support

Email and live chat
Online support docs
Fast replies for small issues

SAASU may not offer phone help, but it has quick replies via email. So, pick based on your support need.

Best Fit for Your Business Type: MYOB VS SAASU

Both tools work well, but which one suits your firm best?

Best for Service-Based Firms

SAASU may suit service-based firms better. It gives a quick cash view and works well for time-based billing.

Best for Trade or Retail Firms

MYOB is better for firms with staff and stock. It handles job cost and payroll well.

Best for New Firms

SAASU has simple setup steps. It works well for new and small firms with low budgets.

Best for Growing Firms

MYOB suits firms with more staff or complex needs. It can scale with your firm’s growth.

At Meru Accounting, We help you pick and set up MYOB and SAASU tools in the right way. We check your needs and set up the best tool for you. We also move your data with no loss or stress. We also offer full support to fix bugs or answer queries. With our help, you can use the full power of MYOB or SAASU. Get reports on time and manage cash with ease.

FAQs

Which is better: MYOB or SAASU for small businesses?
Both are good, but it depends on your needs. SAASU works well for simple tasks and cloud use. MYOB suits larger teams, payroll, and job tracking.
Is MYOB easier to use than SAASU?
MYOB has a simple layout, but it works better on a desktop. SAASU runs fast on the cloud with fewer clicks. SAASU may feel lighter for new users.

Can I switch from MYOB to SAASU or the other way?
Yes, you can switch. Meru Accounting helps move your data with no loss or errors. We set up the best tool for your firm.

Does SAASU support payroll like MYOB?
SAASU does not offer full payroll tools. MYOB supports Single Touch Payroll and suits firms with staff. Choose based on your payroll needs.

Which software gives better real-time cash flow – MYOB or SAASU?
SAASU gives a better live cash view with instant bank links. MYOB also tracks cash flow, but updates may be slower in desktop mode.