Softwr

Accounting · head to head

MYOB vs Vena Solutions

MYOB logo

MYOB

Accounting

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

From
12/year
Rated
-
Full reviewWebsite
Vena Solutions logo

Vena Solutions

Accounting

FP&A planning that keeps Excel as the front end and puts a database and workflow behind it

From
On request
Rated
-
Full reviewWebsite

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; Vena Solutions vena publishes no pricing and contracts are modular, so two organisations of similar size can pay very different amounts and neither can benchmark without going through procurement.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which MYOB and Vena Solutions actually diverge.

Attributes where MYOB and Vena Solutions differ
AttributeMYOBVena Solutions
Starting price12/yearOn request
Pricing modelsubscriptionquote
PlatformsWebWeb, Windows, Excel add-in

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 MYOB

Nothing recorded that Vena Solutions does not also cover.

Only in Vena Solutions

  • Excel add-in interface
  • Central multidimensional database
  • Workflow and approvals
  • Audit trail
  • Rolling forecasts
  • Close management
  • Power BI integration
  • ERP connectors

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 Vena Solutions
  • Processing payroll with automated superannuation contributionsnot Vena Solutions
  • Managing GST compliance and Business Activity Statement filingnot Vena Solutions
  • Reconciling bank transactions and monitoring cash flownot Vena Solutions

Vena Solutions

  • A finance team that wants governance and audit over budgeting but refuses to give up Excel formulasnot MYOB
  • Replacing a shared drive full of departmental budget workbooks with routed templates and tracked submissionnot MYOB
  • Consolidating actuals from more than one ERP into a single reporting set without a data warehouse projectnot MYOB
  • Running monthly rolling forecasts where the model is complex enough to need real spreadsheet logicnot 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

Vena Solutions

  • Vena publishes no pricing and contracts are modular, so two organisations of similar size can pay very different amounts and neither can benchmark without going through procurement.
  • Implementation services for data integration and template configuration typically make up a large part of first-year cost, often exceeding the licence, and that figure only appears in the proposal.
  • Excel dependency is structural: organisations on Google Workspace, or staff working only in a browser or on Chromebooks, cannot use the primary interface as intended.
  • Because it accepts existing spreadsheets, it can preserve years of undocumented logic and circular workarounds rather than forcing the clean-up that a rebuild on a purpose-built modelling tool would require.
  • Model performance degrades with very large dimensional models, so organisations that grow into genuinely large planning problems eventually hit the limits of the spreadsheet-first design and face a second migration.

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

Vena Solutions

On request
  • Vena Professional$undefined/year
    • Core planning platform and Excel add-in
    • Workflow, audit trail and version control
    • Standard support
  • Vena Complete$undefined/year
    • Everything in Professional
    • Power BI integration
    • Premium support and a customer success manager

Which should you pick?

Choose MYOB if

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

MYOB review

Choose Vena Solutions if

  • You need excel add-in interface.
  • You work on Web, Windows, Excel add-in.
  • You also want central multidimensional database.
Vena Solutions review

Questions people ask

Is MYOB or Vena Solutions better?
Neither clearly leads. MYOB starts at 12/year and Vena Solutions at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, MYOB or Vena Solutions?
MYOB starts at 12/year and Vena Solutions at On request.
Does MYOB or Vena Solutions run on more platforms?
MYOB runs on Web. Vena Solutions runs on Web, Windows, Excel add-in.
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 Vena Solutions is typically brought in for.
What can MYOB do that Vena Solutions cannot?
Vena Solutions covers Excel add-in interface, Central multidimensional database, Workflow and approvals, Audit trail.

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.

Source
Vena Solutions: Do we have to give up Excel?

No, that is the point of the product. Excel is the interface, backed by a central database and workflow.

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
Vena Solutions: Is pricing published?

No. Vena quotes per organisation based on users, modules and services.

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
Vena Solutions: How much is implementation?

It is quoted separately and commonly forms a large share of first-year cost. Get it itemised before comparing against Anaplan or Adaptive.

Vena Solutions: Does it work without Microsoft Office?

Not properly. The Excel add-in is the main working surface.

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