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  1. MYOB, Reckon acquisition falls through

    with Reckon on the basis that the deal could not be finalised by today, as per the original agreement penned in November last year. In April, the Australian Competition and Consumer Commission and the New Zealand Commerce Commission extended their...

  2. MYOB user fury continues following upgrade push

    community forum. “MYOB reps are still telling people they must upgrade.” This is creating confusion given MYOB’s statement last week, in which it said there will be no forced upgrades, and users will still be able to access files if they elect to stay...

  3. MYOB unveils new AI capabilities

    quarter, and is integrated within the workflows accountants and bookkeepers use every day. As reported by Accountants Daily last year, 72 per cent of accounting professionals feel that there is a shortage of talent across the sector, putting resourcing...

  4. MYOB unveils GreatSoft in its product range

    practice management software to medium to large accounting firms. MYOB signalled its intent to acquire GreatSoft in October last year, sparking a review by the Australian Competition and Consumer Commission (ACCC) that revealed concerns over potential...

  5. MYOB to offer invoice financing under latest partnership

    as the latest in a series of moves by cloud accounting platforms to offer invoice financing, after Xero acquired Waddle last year. MYOB said the move comes in response to a rising trend of cash flow-induced stress among SMEs. Citing the results of its...

  6. MYOB to acquire GreatSoft; competition watchdog kicks off review

    to be seen how the acquisition will affect other providers in the market, with GreatSoft reaching an agreement with Xero last year, and both companies securing mid-tier firm RSM shortly after. MYOB has had to contend with ACCC scrutiny before, with...

  7. MYOB teams up with international heavyweights

    NAB’s QuickBiz Loan application. The application allows eligible customers to apply for up to $50,000 in unsecured lending. “Last year, we also partnered with small business lender OnDeck to help ease the process for businesses when it comes to...

  8. MYOB taps Sportsbet IT boss to ‘accelerate product development’

    Noonan’s appointment follows ex-Virgin and The Iconic executive Dean Chadwick joining as chief marketing officer in March last year.

  9. MYOB set to scrap accounting desktop product

    cent of paying users are still on AccountRight Classic. He told Accountants Daily the bulk of new users, about 94 per cent last year, opt for online-only services. Mr Reed also said this move is “absolutely” in line with MYOB’s broader plans to cease...

  10. MYOB set to proceed with takeover bid

    in which MYOB were free to solicit competing proposals, after it signed the scheme implementation agreement with KKR late last year. The scheme comes at the revised $3.40 per share in cash for MYOB shares that KKR does not already own, down from the...

  11. MYOB reveals 2015 results

    with a number of significant measures differing markedly from prospectus forecasts. The accounting software provider, which last year undertook the largest technology IPO in the history of the ASX, has this morning announced 10 per cent pro forma...

    • Type: Article
    • Author: Michael Masterman
    • Category: Technology

  12. MYOB releases software targeted at Australian manufacturers

    according to recent research from MYOB. This data shows a decrease in revenue for two-thirds of respondents compared to last year, with 60 per cent of those blaming COVID-19,” MYOB general manager enterprise Kim Clarke said. “However, manufacturing is...

  13. MYOB posts online subscriber surge as it contemplates takeover bid

    MYOB’s online subscriptions grew by 57 per cent over the last calendar year, bringing its net profit up by 2 per cent. The accounting software provider saw its revenue jump 7 per cent to $445.2 million for the 12 months ending 31 December 2018, with...

  14. MYOB plans for ‘exponential’ growth in loans arm

    of a discount. The big picture The marketplace of alternative lenders in Australia has become increasingly populated in the last five years, coinciding with banks tightening their loan conditions in response to regulatory demands. You can read more...

  15. MYOB launches new superannuation selector function

    said the collaboration would be the first of many with MYOB, following the software provider’s investment in the start-up last November. “The combined functionality of MYOB and Flare will help businesses ensure their employees have a seamless experience...

  16. MYOB launches new cloud-based product

    ERP system,” he said. The product is based on the Acumatica cloud solution developed for the US market. Late last year, MYOB announced it had taken a minority stake in Acumatica and taken a seat on the company’s board. Amazon Web Services has been...

    • Type: Article
    • Author: Michael Masterman
    • Category: Business

  17. MYOB hits client milestones

    using MYOB SME solutions, with more than 500,000 regular paying clients. This record figure was achieved in December last year, the firm said. MYOB has also reached a record figure for cloud subscribers, with 116,000 of the 500,000 regular paying...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  18. MYOB head calls on accountants to lobby govt

    have been some great policies that the government have put out there to support small businesses. As I look through the last two budget cycles, small businesses have been front and centre, so in that front you would think the government would be doing...

  19. MYOB glitch sees 220 payment summaries sent in error

    individuals ahead of tax time 2019. Accountants Daily understands MYOB became aware of a glitch on AccountRight Live late last week, with an investigation revealing that 220 individual payment summaries were sent to the wrong individuals between 1 June...

  20. MYOB finds shift away from accountants this tax time

    their own year-end tax preparation, with 41 per cent of SMEs planning to complete their tax themselves, up 36 per cent from last year. Speaking to Accountants Daily, MYOB’s chief strategy officer, John Moss, said that this increase in SMEs taking their...

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