Accounting · head to head
MYOB vs Tropic

MYOB
Accounting
Australian accounting and business management software for small and mid-sized businesses
- From
- 12/year
- Rated
- -

Tropic
Accounting
Software procurement combining a workflow platform with human negotiators and price benchmarks
- From
- On request
- Rated
- -
The short version
- Each has a real cost: 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; Tropic benchmark coverage is concentrated in commonly purchased SaaS, so a company whose spend is dominated by niche, vertical or regionally sold vendors buys intelligence that does not cover its actual contracts.
- Prices and features above were last checked on 31 August 2026.
Where they differ
Only the attributes on which MYOB and Tropic actually diverge.
Identical on both: free tier (No), platforms (Web), 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 MYOB
Nothing recorded that Tropic does not also cover.
Only in Tropic
- Contract and renewal repository
- Price benchmarks
- Negotiation support
- Intake and approvals
- Supplier alerts
- AI consumption management
- Redundancy analysis
- Spend reporting
What people use each for
The jobs each tool is most often brought in to do.
MYOB
- Tracking income and unlimited expenses for tax lodgementnot Tropic
- Processing payroll with automated superannuation contributionsnot Tropic
- Managing GST compliance and Business Activity Statement filingnot Tropic
- Reconciling bank transactions and monitoring cash flownot Tropic
Tropic
- A finance team facing a large renewal with a vendor that knows the market price better than they donot MYOB
- A company whose AI spend is growing faster than anyone can explain and needs consumption measured against commitmentnot MYOB
- An organisation that keeps paying for two products doing the same job in different departmentsnot MYOB
- A lean procurement function that needs negotiation capacity without hiring specialist negotiatorsnot MYOB
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
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
Tropic
- Benchmark coverage is concentrated in commonly purchased SaaS, so a company whose spend is dominated by niche, vertical or regionally sold vendors buys intelligence that does not cover its actual contracts.
- Handing negotiation to a third party can damage a direct supplier relationship that a customer relies on for support and roadmap influence, which is a real cost not captured in a savings figure.
- Claimed savings are measured against a counterfactual price nobody can verify independently, so the return on the subscription is difficult to audit after the fact.
- Pricing is quoted and typically scales with spend under management, meaning the fee rises with the very software bill the product is meant to reduce.
- It is focused on software and AI spend rather than general procurement, so it does not help with services, facilities or physical goods, which for many companies is the larger share of third-party spend.
Pricing, plan by plan
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 $66 (60% off)
- Unlimited payroll
- 14-day free trial
Tropic
On request- Tropic$undefined/year
- Contract repository, intake and renewal management
- Access to price benchmark intelligence
- Negotiation support from Tropic staff
Which should you pick?
Choose MYOB if
Nothing in the data separates MYOB from Tropic on the points above - pick on price and on how each one feels to use.
Choose Tropic if
- You need contract and renewal repository.
- You also want price benchmarks.
Questions people ask
- Is MYOB or Tropic better?
- Neither clearly leads. MYOB starts at 12/year and Tropic at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, MYOB or Tropic?
- MYOB starts at 12/year and Tropic at On request.
- Does MYOB or Tropic run on more platforms?
- Both run on Web, so platform support will not decide this one for you.
- What is MYOB best used for?
- MYOB is most often used for tracking income and unlimited expenses for tax lodgement, processing payroll with automated superannuation contributions, managing gst compliance and business activity statement filing, reconciling bank transactions and monitoring cash flow. Of those, tracking income and unlimited expenses for tax lodgement and processing payroll with automated superannuation contributions are not what Tropic is typically brought in for.
- What can MYOB do that Tropic cannot?
- Tropic covers Contract and renewal repository, Price benchmarks, Negotiation support, Intake and approvals.
Answered from the vendors’ own pages
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.
SourceTropic: What am I actually buying?
Price intelligence and negotiation capacity, wrapped in a contract and renewal management tool. The benchmark data is the asset; the workflow is table stakes.
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.
SourceTropic: Does it work for niche software?
Less well. Benchmarks are strongest on widely purchased SaaS. Ask for coverage on your top ten suppliers by spend before signing.
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.
SourceTropic: Can I verify the savings?
Not independently. Savings are measured against an estimated market price, so treat the figures as directional and negotiate the fee accordingly.
Tropic: Does it cover non-software spend?
No. It is software and AI spend. Services, facilities and goods need a general procurement tool.
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