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Accounting · head to head

Basware vs MYOB

Basware logo

Basware

Accounting

Invoice automation and e-invoicing compliance across a large number of national mandates

From
On request
Rated
-
Full reviewWebsite
MYOB logo

MYOB

Accounting

Australian accounting and business management software for small and mid-sized businesses

From
12/year
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Basware the e-invoicing compliance breadth that justifies the price is worthless to a company operating in a single country, where cheaper AP automation tools will do the same work.; MYOB every published price is promotional and reverts to a higher regular rate after an introductory period, for example Business Pro rises from AUD 21/month to AUD 70/month after 6 months
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Basware and MYOB actually diverge.

Attributes where Basware and MYOB differ
AttributeBaswareMYOB
Starting priceOn request12/year
Pricing modelquotesubscription
PlatformsWeb, iOS, AndroidWeb

Identical on both: free tier (No), user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Basware

  • Invoice capture
  • Matching
  • Approval workflow
  • E-invoicing compliance
  • Supplier network
  • Payment execution
  • Spend analytics
  • ERP integration

Only in MYOB

Nothing recorded that Basware does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Basware

  • A multinational needing compliant electronic invoicing across Italy, Poland, France and Mexico without building each mandate itselfnot MYOB
  • A shared service centre processing hundreds of thousands of invoices a year that needs touchless processing rates measured and improvednot MYOB
  • A group standardising accounts payable across subsidiaries running different ERP systemsnot MYOB
  • A finance function trying to capture early payment discounts that are currently lost to slow approval cyclesnot MYOB

MYOB

  • Tracking income and unlimited expenses for tax lodgementnot Basware
  • Processing payroll with automated superannuation contributionsnot Basware
  • Managing GST compliance and Business Activity Statement filingnot Basware
  • Reconciling bank transactions and monitoring cash flownot Basware

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Basware

  • The e-invoicing compliance breadth that justifies the price is worthless to a company operating in a single country, where cheaper AP automation tools will do the same work.
  • Implementation is a substantial integration project involving ERP connectors, supplier onboarding and country-by-country compliance configuration, and it is priced and timed accordingly.
  • The user interface is dated next to newer accounts payable products, and approvers outside finance find it unintuitive, which slows the very cycle times the system is bought to improve.
  • Supplier onboarding onto the network is the hidden effort: the touchless processing rate depends on how many suppliers actually send electronic invoices, and that is a change management programme, not a software setting.
  • Growth by acquisition, including Glantus, has left overlapping analytics capability and integration work still in progress, so buyers should check which components share a data model today.

MYOB

  • Every published price is promotional and reverts to a higher regular rate after an introductory period, for example Business Pro rises from AUD 21/month to AUD 70/month after 6 months
  • Adding payroll employees beyond the included allowance costs an extra AUD 3/month per additional employee on top of the plan price

Pricing, plan by plan

Basware

On request
  • Basware$undefined/year
    • Invoice automation, matching and approval
    • E-invoicing compliance across national mandates
    • Supplier network connectivity

MYOB

12/year
  • Solo by MYOB$99/year
    • First year $12 (70% off)
  • Business Lite$315/year
    • First year $94.50 (70% off)
    • Payroll $3/month per employee max 2
  • Business Pro$70/month
    • First 6 months $21 (70% off)
    • Unlimited payroll employees
    • 14-day free trial
  • Business AccountRight Plus$165/month
    • First 3 months $66 (60% off)
    • Unlimited payroll
    • 14-day free trial

Which should you pick?

Choose Basware if

  • You need invoice capture.
  • You work on Web, iOS, Android.
  • You also want matching.
Basware review

Choose MYOB if

Nothing in the data separates MYOB from Basware on the points above - pick on price and on how each one feels to use.

MYOB review

Questions people ask

Is Basware or MYOB better?
Neither clearly leads. Basware starts at On request and MYOB at 12/year, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Basware or MYOB?
Basware starts at On request and MYOB at 12/year.
Does Basware or MYOB run on more platforms?
Basware runs on Web, iOS, Android. MYOB runs on Web.
What is Basware best used for?
Basware is most often used for a multinational needing compliant electronic invoicing across italy, poland, france and mexico without building each mandate itself, a shared service centre processing hundreds of thousands of invoices a year that needs touchless processing rates measured and improved, a group standardising accounts payable across subsidiaries running different erp systems, a finance function trying to capture early payment discounts that are currently lost to slow approval cycles. Of those, a multinational needing compliant electronic invoicing across italy, poland, france and mexico without building each mandate itself and a shared service centre processing hundreds of thousands of invoices a year that needs touchless processing rates measured and improved are not what MYOB is typically brought in for.
What can Basware do that MYOB cannot?
Basware covers Invoice capture, Matching, Approval workflow, E-invoicing compliance.

Answered from the vendors’ own pages

Basware: Should we buy Basware if we only operate in one country?

Probably not. Its main advantage is multi-country e-invoicing compliance. In a single jurisdiction, cheaper AP automation gives you the same result.

MYOB: How much does MYOB cost?

MYOB pricing starts at $12 AUD per year (first year only) for Solo, with plans ranging to $165 AUD per month for AccountRight Plus after introductory periods expire.

Source
Basware: Does it handle mandatory e-invoicing regimes?

Yes, and that is the core reason to choose it. It covers a wide set of national mandates as a service rather than an integration project you run yourself.

MYOB: What is MYOB's introductory pricing?

MYOB offers 60-70% off introductory pricing for the first 3-12 months depending on plan selection, after which regular pricing applies with no lock-in contracts.

Source
Basware: What drives the price?

Invoice volume, number of countries and modules. It is quoted, and implementation with ERP connectors and supplier onboarding is separate.

MYOB: Does MYOB include payroll pricing?

Payroll starts at $3/month per employee (limited on lower tiers) and is included unlimited on Business Pro and AccountRight Plus plans.

Source
Basware: What determines the return?

The share of invoices arriving electronically. Touchless rates depend on supplier adoption, so budget for a supplier onboarding programme, not just the software.

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