28 January 2015
MYOB Advanced, the company’s first cloud ERP solution for mid-sized businesses
MYOB is bringing the benefits of innovative cloud technology to larger Australian and New Zealand businesses with the
announcement of its latest ERP solution, MYOB Advanced.
MYOB Advanced is an enterprise resource planning (ERP) solution designed for mid-to-large companies. The innovative
cloud product complements MYOB’s existing EXO solution – the established on-premise leader in the mid-range market. The
introduction of MYOB Advanced now expands MYOB’s suite of solutions for mid – sized businesses to three; MYOB Advanced,
MYOB EXO and MYOB PayGlobal.
MYOB Advanced has been built out over the last 18-months by its locally-based development team, reflecting the company’s
ongoing commitment to its existing suite of ERP, HR and Payroll products, as well as releasing new cloud offerings.
“MYOB Advanced is designed to help larger businesses think bigger, with a range of cloud-enabled features to streamline
customer interaction and equip staff with the tools to operate effectively and productively – wherever they are,” says
Andrew Birch, MYOB General Manager of Industry Solutions
“The benefits to businesses are not only in terms of the convenience and functionality of the product. Research has
shown that once a company is using a cloud solution, use of the ERP system by employees rises from just over half to
almost two-thirds – offering enormous gains in efficiency and productivity.”
The product is based on a solution developed by US company Acumatica, the powerhouse provider of cloud-based ERP and financial software with over 1, 000 installations of cloud ERP. Late
last year, MYOB announced it had taken a minority stake in Acumatica, with a seat on the company’s board.
Mr Birch says the priorities of business owners when moving to the cloud were a key consideration during the product’s
development. These priorities include functionality and cost, security, consistently high service levels and data
sovereignty.
In recognition of their need for a safe, dependable local service, Amazon Web Services (AWS) was chosen to be the local
hosts for MYOB Advanced.
“AWS is pleased that MYOB’s enterprise customers will be benefitting from the flexibility, security and agility of the
AWS cloud. We are delighted to be working with MYOB on this new cloud-enabled ERP solution”, said Glenn Gore, Head of
Technology, APAC
As well as leading-edge performance, MYOB Advanced also offers a wide-range of features focused on the real-world needs
of businesses.
The product offers a lightning fast universal database search of the whole business, a distribution suite which allows
customers to search inventory and make and track orders, as well as streamlining activities like pricing. Productivity
tools for staff enable them to enter expenses on the fly – even in foreign currencies – and access the businesses CRM
suite from wherever they are, with seamless synchronisation of contacts, tasks appointments and emails. MYOB Advanced
will also soon include an iPhone app, so users can access the solution anytime and anywhere on their smart device.
With the largest ERP partner channel across Australia and New Zealand, MYOB partners are implementing Advanced into
their business infrastructure, with additional new partners excited by the opportunity to sell cloud ERP.
Melbourne-based Inecom Technology Partners Managing Director Ross Gilchrist says his company’s decision to sign up to sell MYOB Advanced reflects their respect
for the innovation MYOB is showing in the bigger business space.
“Choosing to also partner with MYOB was an important and long term solution and partnership decision for us,” says Ross
Gilchrist. “We are a long standing, 10 years, Gold Certified SAP Business One partner and any solution we decided to
support had to be comparable in quality, support and functionality.”
“We became excited about a number of innovations and capability brought by MYOB in their Enterprise division with this
new cloud solution. Our decision reflects our respect for the innovation that MYOB is showing for the bigger business
space. They have many exciting developments ahead and we are really pleased to be a part of and to assist with the
launch.”
Mr Birch says the strong take-up of MYOB’s cloud accounting solutions across the Australasian market is directly driving
continued growth for the company.
“We look forward to seeing even greater take-up of our products across the mid-market, as larger enterprises embrace the
benefits of cloud and the opportunities for greater staff and customer engagement through the use of a state-of-the-art
ERP system.”
MYOB Advanced is available now through the MYOB partner network.
For MYOB product information, research results, business tips, discussions, client service and more visit the MYOB website, or its blog, LinkedIn, Twitter, Facebook, Instagram and YouTube sites.
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About MYOB
Established in 1991, MYOB is New Zealand’s leading accounting software provider. It makes life easier for approx. 1.2
million businesses across New Zealand and Australia, by simplifying accounting, payroll, tax, practice management, CRM,
websites, job costing, inventory, mobile payments and more. MYOB also provides ongoing support via many client service
channels including a network of over 40,000 accountants, bookkeepers and other consultants. It is committed to ongoing
innovation, particularly in cloud computing solutions, and now spends NZ$35+ million annually on research and
development. For more information, visit myob.co.nz.