Software · Malaysia · Head-to-head
Biztory Cloud Accounting vs Financio (by ABSS)
Two Malaysia software options, compared side by side for Malaysia trades.
Which should you choose?
Biztory Cloud Accounting and Financio (by ABSS) are both Tier S: our check found each one's prices published on its own website, so you can compare their costs before talking to sales. The tier is not a quality ranking: weigh the pros, cons, pricing and Malaysia-specific notes below against your trade and region.
Biztory Cloud Accounting
Tier S · Published pricesMalaysian cloud accounting and invoicing with LHDN e-invoice submission
Biztory is a cloud accounting product from Biztory Cloud Sdn Bhd (formerly Vectory Innovation Sdn Bhd) of Puchong, Selangor, founded in 2014. It covers sales, purchases, inventory, accounting and e-invoicing, with project management on its Pro plan. Biztory's about page says it serves more than 6,500 businesses in Malaysia.
Pros
- + Published yearly prices from RM690
- + E-invoice submission included on every plan
- + Consolidated and self-billed e-invoice submission
- + Project management on the Pro plan
Cons
- − Plans are billed yearly
- − Plus plan has no full-set accounting or SST features
- − SST treatment of the listed prices not stated
- − Elite plan (unlimited users) is quote-only
Malaysia note
Biztory says it submits e-invoices to LHDN automatically, including self-billed invoices, and lets users consolidate receipts and submit them together instead of keying each into the MyInvois portal. Full-set accounting and SST features start on the Growth plan.
Financio (by ABSS)
Tier S · Published pricesCloud accounting and payroll for Malaysian SMEs from ABSS
Financio is the cloud accounting and payroll product of Asian Business Software Solutions (ABSS), the former MYOB South Asia, which rebranded to ABSS in 2018 and launched Financio in Malaysia and Singapore in 2017. The Star reported in June 2022 that Censof Holdings had raised its stake in ABSS to 97%. ABSS also sells the desktop ABSS Accounting and Premier range and says more than 400,000 SMEs use its software.
Pros
- + Published prices from RM50 per month
- + LHDN e-invoices included in both plans
- + Payroll product from the same vendor
- + 30-day free trial of the Premier plan
Cons
- − Essentials plan includes only 25 LHDN e-invoices
- − No permanently free plan
- − SST treatment of the listed prices not stated
- − No construction job-costing features found on its pages
Malaysia note
Financio says its users can send, receive and track e-invoices with LHDN, and its e-invoice guide covers consolidated and self-billed e-invoices and credit or debit notes. The Essentials plan includes 25 LHDN e-invoices and Premier 5,000, so check the quota against your invoice volume.
More Malaysia options
See all Malaysia software vendors and the rest of the Malaysia directory.