MYOB vs Sovos
Side-by-side comparison of features, pricing, and integrations.
Quick Verdict
MYOB offers more features (43 vs 19) and more integrations (6 vs 1). Starting price: MYOB at $9/mo vs Sovos at Contact Sales. MYOB has 43 unique features while Sovos has 19 unique features, with 0 features in common.
| MYOB | Sovos | |
|---|---|---|
| Category | Accounting Software | Accounting Software |
| Total Features | 43 | 19 |
| AI-Powered Features | 5 | 1 |
| Starting Price | $9/mo | Contact Sales |
| Pricing Tiers | 5 | 0 |
| Integrations | 6 | 1 |
| Shared Features | 0 | |
| Shared Integrations | 0 | |
| Data Quality | 80% | 40% |
Feature Comparison by Category
AI (5 vs 1)
| Feature | MYOB | Sovos |
|---|---|---|
| AI BAS | ||
| AI Business Insights | ||
| Category Suggestions | ||
| Smart Invoice Reminders | ||
| Smart Reconciliation | ||
| Sovi AI™ |
Access Control (1 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| User Profiles |
Analytics (0 vs 1)
| Feature | MYOB | Sovos |
|---|---|---|
| Sovos Intelligence |
Automation (0 vs 1)
| Feature | MYOB | Sovos |
|---|---|---|
| e-Invoicing |
Banking (2 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Connected Bank Accounts | ||
| In-App Business Bank Account |
Business Management (1 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Multiple Business Management |
Coverage (0 vs 1)
| Feature | MYOB | Sovos |
|---|---|---|
| Multi-Country Coverage |
Expense Tracking (3 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Expense Management | ||
| Scan and Store Receipts | ||
| Track Income and Expenses |
Financial Management (2 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Cash Flow Management | ||
| Track Finances |
Integration (0 vs 1)
| Feature | MYOB | Sovos |
|---|---|---|
| Integration with Finance & IT Systems |
International (1 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Multi-Currency Accounting |
Inventory (7 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Inventory Management | ||
| Multi-Location Inventory | ||
| Order Management | ||
| Product Attributes | ||
| Stocktake | ||
| Supplier Management | ||
| Unlimited Sales Orders |
Invoicing (1 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Invoicing and Quotes |
Mobile (3 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| MYOB Assist Companion App | ||
| Mobile App Access | ||
| Solo by MYOB Mobile App |
Payments (2 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Online Payments | ||
| Tap to Pay |
Payroll (7 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Automated Annual Leave Calculations | ||
| Automated Superannuation Contributions | ||
| Digital Employee Onboarding | ||
| Employee Benefits | ||
| Payroll | ||
| Single Touch Payroll | ||
| Timesheets and Rosters |
Platform (0 vs 1)
| Feature | MYOB | Sovos |
|---|---|---|
| Compliance Cloud Platform |
Project Management (2 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Bill by Time | ||
| Job and Project Tracking |
Reporting (3 vs 4)
| Feature | MYOB | Sovos |
|---|---|---|
| 1099 Reporting | ||
| ACA Reporting | ||
| Customised Reports | ||
| Export and Share Business Data | ||
| Filing & Reporting | ||
| Financial Reporting | ||
| Information Reporting and Withholding Suite |
Security (0 vs 1)
| Feature | MYOB | Sovos |
|---|---|---|
| Trust & Identity Verification in Latin America |
Specialty (0 vs 4)
| Feature | MYOB | Sovos |
|---|---|---|
| Compliant Shipping for Wines and Spirits | ||
| Crypto Tax Compliance | ||
| Statutory Reporting for Insurance | ||
| Unclaimed Property |
Support (0 vs 1)
| Feature | MYOB | Sovos |
|---|---|---|
| Global Tax Expertise |
Tax Compliance (0 vs 3)
| Feature | MYOB | Sovos |
|---|---|---|
| Indirect Tax Suite | ||
| Tax Determination | ||
| Tax Withholding |
Tax Management (3 vs 0)
| Feature | MYOB | Sovos |
|---|---|---|
| Tax and GST | ||
| Track GST Only | ||
| Track GST and Lodge BAS |
Unique Features
Only in MYOB (43)
User Profiles
AI BAS
AI Business Insights
Category Suggestions
Smart Invoice Reminders
Smart Reconciliation
Connected Bank Accounts
In-App Business Bank Account
Multiple Business Management
Expense Management
Scan and Store Receipts
Track Income and Expenses
Cash Flow Management
Track Finances
Multi-Currency Accounting
Inventory Management
Multi-Location Inventory
Order Management
Product Attributes
Stocktake
+ 23 more unique features
Only in Sovos (19)
Sovi AI™
Sovos Intelligence
e-Invoicing
Multi-Country Coverage
Integration with Finance & IT Systems
Compliance Cloud Platform
1099 Reporting
ACA Reporting
Filing & Reporting
Information Reporting and Withholding Suite
Trust & Identity Verification in Latin America
Compliant Shipping for Wines and Spirits
Crypto Tax Compliance
Statutory Reporting for Insurance
Unclaimed Property
Global Tax Expertise
Indirect Tax Suite
Tax Determination
Tax Withholding
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