Software · Malaysia · Head-to-head
Financio (by ABSS) vs Globe3 ERP
Two Malaysia software options, compared side by side for Malaysia trades.
Which should you choose?
Financio (by ABSS) is Tier S: our check found its prices published on its own website. Globe3 ERP is Tier A. Compare the typical pricing shown for each below. The tier is not a quality ranking: weigh the pros, cons, pricing and Malaysia-specific notes below against your trade and region.
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.
Globe3 ERP
Tier A · ListedERP with construction project accounting, progress claims and an LHDN e-invoice module
Globe3 ERP comes from TNO Systems Pte Ltd of Singapore, which says the business started in 2002, and is sold in Malaysia by Globe3 Systems Sdn Bhd from Damansara Heights, Kuala Lumpur. It targets construction, trading, manufacturing, field service, equipment rental and other industries. Globe3's Singapore site says it serves 1,200+ businesses.
Pros
- + Construction project costing, WIP accounting and progress claims
- + Subcontractor approval, backcharges and a sub-con e-submission portal
- + E-Invoice Malaysia module for LHDN submissions
- + Malaysian office in Kuala Lumpur
Cons
- − No public prices
- − Full ERP scope is more than many small contractors need
- − E-invoice page does not detail consolidated or self-billed support
- − Developed by a Singapore company, sold locally by its Malaysian arm
Malaysia note
Globe3 says its E-Invoice Malaysia module automates LHDN-compliant submissions and that it offers integration services for e-invoicing. Its construction module covers project costing, construction WIP accounting, progress and certified claims and subcontractor backcharges, with local sales from Globe3 Systems Sdn Bhd in Kuala Lumpur.
More Malaysia options
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