MYOB vs Expensify

Compare MYOB and Expensify on pricing, features, platforms, and ratings — both Accounting tools, Tiered subscription pricing with discounted introductory…

At a Glance

 MYOBExpensify
Primary categoryAccountingAccounting
RatingNot documentedNot documented
Pricing modelTiered subscription pricing with discounted introductory rates for the first months/year, stepping up to standard rates thereafter (e.g. MYOB Business Pro from $21/month for 6 months then $70/month, with a 14-day free trial); payroll is typically billed per employee on top of the base plan; no lock-in contracts.Freemium / Subscription (per active member)
Starting priceNot documentedFree for individuals; Collect plan starts at $5 per member per month
Free planNot documentedYes
Free trialYesYes
PlatformsMobile AppWeb, iOS, Android
Team collaborationNot documentedNot documented
AI featuresNot documentedNot documented
Public APINot documentedYes

Pricing Compared

Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.

MYOB

No individual plan breakdown documented yet.

Expensify

Free (Individual) — Free N/A
Collect — $5 per member per month Monthly, no annual commitment
Control (Annual with Card) — $9 per active member per month Annual commitment, requires Expensify Card usage
Control (Annual, no Card) — $18 per member per month Annual commitment
Control (Pay-Per-Use) — $36 per member per month Month-to-month, no annual commitment

Pros & Cons

MYOB

Pros

  • Deep built-in compliance with Australian and New Zealand tax rules (GST, BAS, ATO reporting)
  • Product tiers scale from solo freelancers up to multi-entity businesses with complex inventory needs
  • Dedicated practice software for accountants and bookkeepers managing multiple clients
  • No lock-in contracts on subscription plans, with cancel-anytime flexibility
  • Established vendor with over three decades in the AU/NZ market and a large existing customer base

Cons

  • Focused on Australia/New Zealand tax compliance, making it a poor fit for businesses outside those markets
  • Introductory pricing steps up significantly after the first few months or first year
  • Full payroll and multi-currency features are reserved for higher-priced AccountRight tiers
  • AI BAS automation is still in beta rather than a mature, fully rolled-out feature

Expensify

Pros

  • Genuinely free tier for individuals with 25 SmartScans per month and no team features required
  • Long track record as the pioneer of automated receipt scanning, with a mature and reliable OCR engine
  • Simpler interface and setup than legacy enterprise tools like SAP Concur
  • Bundled corporate card, travel booking and bill pay reduce the need for separate point solutions

Cons

  • Collect plan charges per member added to a workspace regardless of whether that member submits expenses that month
  • Control plan's full feature set (SSO, payroll integrations, custom rules) requires the higher-priced annual commitment
  • Stock price has declined substantially since its 2021 IPO, reflecting increased competition from card-led spend platforms like Ramp and Brex
  • Advanced compliance and enterprise integrations are gated behind the Control tier, which can be costly for larger teams without the Expensify Card

Use Cases

MYOB

Expensify

  • Freelancer and sole proprietor expense tracking — Individuals use the free Expensify tier to photograph receipts, automatically extract expense data and export records for tax filing without needing a paid team plan.
  • Small business expense approval and reimbursement — Small teams use the Collect plan to give employees a simple way to submit receipts, route them through basic approval workflows and get reimbursed without heavy IT setup.
  • Enterprise-grade spend control and compliance — Larger organizations use the Control plan's multi-level approvals, ERP and payroll integrations, custom policy rules and SSO to manage spend across departments while meeting compliance requirements.

Read the full MYOB review · Read the full Expensify review