inDinero vs MYOB Comparison

88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

inDinero

Accounting Software

4 44 user ratings

Get Free Advice

94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

MYOB

Accounting Software

3.8 240 user ratings

Get Free Advice

Overview

Description	inDinero is convenient for outsourcing accounting services and CFOs. The accounting services are available for businesses of all sizes. inDinero is a comprehensive platform where client companies can expect both personalised business guidance and powerful financial technology of the utmost quality. The accounting service provided by inDinero grows along with the magnitude of the client organisation. This includes improvement in efficiency and visibility into the business so that clients can make informed decisions. With changing financial needs of the organisations, inDinero provides updated CFO services to enable client organisations to make and implement well-informed decisions for a better and productive future. The fractional CFOs help in preparing financial plans and strategies that are aligned along with the immediate goals of the company in concern. Customised financial reports further make it easier for client companies to figure out what is and what is not working. All these strategies in inDinero are designed to make client companies flexible and informative about their cash flow, fundraising and encashable exits related to their business. Read more	MYOB is designed locally, for local businesses, working with the ATO so you’re always up-to-date. The software tracks when clients receive and open your invoices. Manage bills and expenses, then pay staff in just a few clicks. Stay up-to-date with tax as you go: no more scrambling. You can work with your accountant or bookkeeper in the software, wherever you are. Automatically update your tax tables, calculate your GST, PAYG and run reports for your BAS. Clients can use a credit card to pay directly from your invoices no fuss. Even managing customers and suppliers is a piece of cake. Read more
Pricing Options	Free Trial Not Available Starts at $750.00. Offers Custom plan.	Free Trial Not Available Starts at $5.00.
SW Score & Breakdown	88% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 94% Reviews 76% Momentum 62% Popularity 81%	94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 100% Reviews 82% Momentum 69% Popularity 92%
SaaSworthy Awards	# 9 Fastest Growing # 19 Most Popular	Not Available

Features

Total Features	14 Features	17 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 11 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 14 More - Show Less

Technical Details

Organization Types Supported	Individuals Large Enterprises Medium Business Small Business	Individuals Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS Installed - Windows Installed - Mac	SaaS/Web/Cloud Mobile - Android Mobile - iOS Installed - Windows Installed - Mac
Modes of Support	24/7 (Live rep) Business Hours Online	24/7 (Live rep) Business Hours Online
API Support	NA	Available

Reviews & Ratings

User Rating	4/5 44 user ratings	3.8/5 240 user ratings
Rating Distribution	Excellent 52.3% Very Good 15.9% Average 22.7% Poor 0% Terrible 9.1%	Excellent 50% Very Good 18.8% Average 8.8% Poor 3.3% Terrible 19.2%
User Sentiments	Knowledgeable and Responsive Customer Service, Easy to Use Interface, Efficient Accounting and Bookkeeping, Comprehensive Financial Reporting High Pricing, Lack of Seamless Third-Party Integrations, Inaccurate Tax Filing, Inadequate Client Support	Live Chat Support, Helpful Customer Service, Easy to Use, Comprehensive Reporting Software Bugs, Poor Bank Feed Integration, Inadequate Mobile App, Outdated User Interface
Review Summary	Overall, reviewers consider the software to be user-friendly and efficient, with a clean interface and intuitive design. Many users appreciate its comprehensive features, including robust reporting and budgeting capabilities, as well as its ability to streamline financial processes and save time. The software's integration with other business applications is also praised. However, some users have reported issues with the software's stability and customer support, suggesting that improvements in these areas would enhance the overall user experience.	Users appreciate the user-friendly interface, extensive features, and ease of use for various business functions, including accounting, invoicing, inventory management, and payroll. MYOB's customer support is praised for its responsiveness and helpfulness. Some users have reported occasional glitches and technical issues, as well as concerns about pricing transparency and the need for additional training resources. Overall, MYOB is considered a reliable and comprehensive solution for small business management, offering a wide range of features and generally positive user experiences.
	Read All User Reviews	Read All User Reviews

AI-Generated from the text of User Reviews

Pricing

Pricing Options	Free Trial Not Available Starts at $750.00. Offers Custom plan.	Free Trial Not Available Starts at $5.00.
Pricing Plans Monthly Plans Annual Plans	Essential $750.00 $750.00 per month Growth $1,250.00 $1,250.00 per month Executive Custom	MYOB Business Lite $5.00 $5.00 per month MYOB Business Pro $8.00 $8.00 per month MYOB Business AccountRight Plus $70.50 $70.50 per month MYOB Business AccountRight Premier $88.50 $88.50 per month MYOB Business Payroll Only $9.00 $9.00 per month
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Pilot 4.8 90 ratings inDinero Vs Pilot AccountingSuite 4.4 98 ratings inDinero Vs AccountingSuite AccountsIQ 4.6 60 ratings inDinero Vs AccountsIQ Firm360 5 23 ratings inDinero Vs Firm360 Freshbooks 4.3 3,302 ratings inDinero Vs Freshbooks	Xero 4.2 7,623 ratings MYOB Vs Xero Quickbooks 3.9 24 ratings MYOB Vs Quickbooks Reckon One 4.3 25 ratings MYOB Vs Reckon One Freshbooks 4.3 3,302 ratings MYOB Vs Freshbooks QuickFile 4.8 2,696 ratings MYOB Vs QuickFile
	View All inDinero Alternatives	View All MYOB Alternatives