top 5 accounting software list malaysia

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Competitor Comparisons For Malaysian Customers

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Competitor Comparisons

For Malaysian Customers

Accounting Software

Accounting Single User

Initial Investment

MYOB SQL UBS Reach

Maximum users possible 1 1 1 UNLIMITED

Cost of Licence 3139 1819 2650 5000

Cost of Anti-virus software (Kaspersky 1 user) 129 129 129 Free

FIRST INVESTMENT 3268 1948 2779 5000

Annual Cost

MYOB SQL UBS Reach

200 SMS every day (http://bulksms.my/pricing.html) 5500 5500 5500 Free

AMC, Renewals or Visit Costs 653.6 389.6 555.8 1000

Version Upgrades 653.6 389.6 555.8 Free

Anti - Virus Renewal 129 129 129 Free

ANNUAL COST 6936 6408 6741 1000

AccessabilityProduct Name MYOB SQL UBS Reach

No. of Locations you can access fromOnly the installed

computerOnly the installed

computerOnly the installed

computerAny computer with

Internet

No. of users who can access at the same time 1 1 1 Unlimited

No. of Companies you can create 5 1 1 1

Userbased restriction on which companies they can work on Not possible Not possible Not possible possible

Devices you can use to access Computer only Computer only Computer onlyComputer, Tab, Smart Phone

Features

Product Name MYOB SQL UBS Reach

CRM Not Available Not Available Not Available Available

Sales Team Management (Like Salesforce with Mobile App for executives) Not Available Not Available Not Available Available

Freeze Entries by Owner Not Available Not Available Not Available Available

Payroll Not Available Not Available Not Available Not Available

Automatic back up every 3 hours to protect Hard disk crash Not Available Not Available Not Available Available

Data Recovery in case of Crash Not Available Not Available Not Available Available

AccountingMulti- User

Initial Investment

MYOB SQL UBS Reach

Maximum users possible 4 4 4 UNLIMITED

Cost of Licence 4239 7276 4300 10000

Cost of Anti-virus software (Kaspersky 1 user) 129 129 129 Free

Price of LAN and Network cabling for 4 workstations 950 950 950 Not needed

Cost of a Dell PowerEdge T420 tower server 6183 6183 6183 Free

FIRST INVESTMENT 11501 14538 11562 10000

Annual CostMYOB SQL UBS Reach

200 SMS every day (http://bulksms.my/pricing.html) 5500 5500 5500 Free

AMC, Renewals or Visit Costs 2300.2 2907.6 2312.4 2000

Version Upgrades 2300.2 2907.6 2312.4 Free

Support of Network Engineers for LAN retailed issues 3000 3000 3000 Not needed

Anti - Virus Renewal 129 129 129 Free

ANNUAL COST 13229 14444 13254 2000

AccessabilityProduct Name MYOB SQL UBS Reach

No. of Locations you can access fromOnly the installed

computerOnly the installed

computerOnly the installed

computerAny computer with Internet

No. of users who can access at the same time 1 1 1 Unlimited

No. of Companies you can create 5 1 1 1

Userbased restriction on which companies they can work on Not possible Not possible Not possible possible

Devices you can use to access Computer only Computer only Computer onlyComputer, Tab, Smart Phone

Userbased restriction on which companies they can work on Not Possible Not Possible Not Possible Possible

FeaturesProduct Name MYOB SQL UBS Reach

CRM Not Available Not Available Not Available Available

Sales Team Management (Like Salesforce with Mobile App for executives) Not Available Not Available Not Available Available

Freeze Entries by Owner Not Available Not Available Not Available Available

Payroll Not Available Not Available Not Available Not Available

Project Management Module Not Available Not Available Not AvailableAvailable for

additional cost

Manufacturing Module Not Available Not Available Not AvailableAvailable for

additional cost

Repair Management Module Not Available Not Available Not AvailableAvailable for

additional cost

Quality control Not Available Not Available Not AvailableAvailable for

additional cost

Automatic Workflow Not Available Not Available Not Available Available

Automatic back up every 3 hours to protect Hard disk crash Not Available Available Available Available

Customise additional reports and templates Not Available Not Available Not AvailableAvailable for

additional cost

AccountingMulti- Branch/ Location

Initial Investment

MYOB SQL UBS Reach

Maximum users possible 4 4 4 UNLIMITED

Cost of Licence / Branch 4239 7276 4300 17500

Cost of Anti-virus software (Kaspersky 1 user) 129 129 129 Free

Price of LAN and Network cabling for 4 workstations 950 950 950 Not needed

Cost of a PowerEdge R730xd Rack Server 14661 14661 14661 Free

FIRST INVESTMENT PER BRANCH 19979 23016 20040 17500

*Additional Cost of every branch 19979 23016 20040 5000

Annual Cost

MYOB SQL UBS Reach

200 SMS every day (http://bulksms.my/pricing.html) 5500 5500 5500 Free

AMC, Renewals or Visit Costs 3995.8 4603.2 4008 3500

Cost of Business Intellignce Sync 7200 Not available Not available Free

Version Upgrades 3995.8 4603.2 4008 Free

Support of Network Engineers for LAN retailed issues 3000 3000 3000 Not needed

Cost of Static IP ( Maxis Fixed IP plans) 2256 2256 2256 Not needed

Anti - Virus Renewal 129 129 129 Free

ANNUAL COST 26077 20091 18901 3500

Accessability

Product Name MYOB SQL UBS Reach

No. of Locations you can access fromOnly the installed

computerOnly the installed

computerOnly the installed

computerAny computer with Internet

No. of users who can access at the same time 1 1 1 Unlimited

No. of Companies you can create 5 1 1 1

Userbased restriction on which companies they can work on Not possible Not possible Not possible possible

Devices you can use to access Computer only Computer only Computer onlyComputer, Tab, Smart Phone

Userbased restriction on which companies they can work on Not Possible Not Possible Not Possible Possible

FeaturesProduct Name MYOB SQL UBS ReachCRM Not Available Not Available Not Available AvailableSales Team Management (Like Salesforce with Mobile App for executives) Not Available Not Available Not Available AvailableFreeze Entries by Owner Not Available Not Available Not Available AvailablePayroll Not Available Not Available Not Available Not Available

Project Management Module Not Available Not Available Not AvailableAvailable for

additional cost

Manufacturing Module Not Available Not Available Not AvailableAvailable for

additional cost

Repair Management Module Not Available Not Available Not AvailableAvailable for

additional cost

Quality control Not Available Not Available Not AvailableAvailable for

additional costAutomatic Workflow Not Available Not Available Not Available AvailableSpeed <20 Secs <20 Secs <20 Secs <5 SecsUptime 80% 80% 80% 99.90%Automatic back up every 3 hours to protect Hard disk crash Not Available Available Available Available

Customise additional reports and templates Not Available Not Available Not AvailableAvailable for

additional cost

CRM Software

Initial Investment for First 3 years

Zoho CRM Professiona

l Reach i-CRM

Sales Force Enterprise

CRM

Sage CRM Professiona

l

No. of Users 10 UNLIMITED 10 10 10

Cost of Software/ user/ month RM 85 Fixed RM 800/ Co RM 533 RM 171

FIRST YEAR INVESTMENT 10200 17500 10000 63960 20520

ANNUAL COST 10200 1750 9600 63960 20520

TOTAL COST FOR THE NEXT 3 YEARS 40800 22750 38800 255840 82080

Support & Functionality

Zoho CRM Professiona

l Reach i-CRM

Sales Force

Enterprise CRM

Sage CRM Professiona

l

Does it have local support in Malaysia? NO YES YES NO NO

Additional Cost for every additional user RM 1020 FREE FREE RM 6400 RM 2050

Can it be scaled up to an ERP later? YES YES NO NO YES

Are they ready to customise additional reports/ templates? NO YES NO NO NO

Will I be able to store all my Quotes/ SO online? 1 GB UNLIMITED 1 GB 1 GB 1 GB

Relevance to Manufacturer & TradersZoho CRM Professiona

l Reach i-CRM

Sales Force Enterprise

CRM

Sage CRM Professiona

l

- Differential Pricing for different customers NO YES NO NO NO

- Ability to see the stock in Godown while raising Sales Order NO YES NO NO NO

- Mobile App for Sales Executives NO YES NO NO NO

- Booking orders to reserve stock NO YES NO NO NO

- Logistics Management NO YES NO NO NO

- Invoicing NO YES NO NO NO