MYOB extends SME cloud accounting solutions with AccountRight Premier

04 Jun 2014

Manage multiple users & inventory online and/or offline

New Zealand’s leading accounting software provider MYOB has announced AccountRight Premier is now available in the cloud. It’s a powerful and flexible online accounting solution for mid-sized, established businesses with complex accounting needs including inventory.

Formerly available as a desktop-only solution, AccountRight Premier provides the best of both worlds, allowing business owners and managers to work offline, online or both. This enables increased collaboration across their business and with their accountant or bookkeeper, creating a more value-rich partnership.

MYOB General Manager, Business Division, James Scollay says this is a highly anticipated release as it extends the technology company’s trusted range of cloud-based business solutions.

“As online tools and cloud computing become increasingly part of doing business, it’s important that businesses continue to embrace these technologies. Our years of conducting SME research shows us there is a strong correlation between solid business performance and online technology usage. For example, those who use cloud computing are 30% more likely to increase their revenue. We know online technologies can help many businesses become better connected, more productive and more competitive.”

MYOB AccountRight Premier is ideal for larger, established businesses – particularly those who work with the intricacies of separate administration teams, and those who require complex stock management. It’s highly-suited to inventory-based industries, such as manufacturing and wholesaling.

“AccountRight is New Zealand’s most popular accounting software range, and the most feature-rich online accounting solution for small businesses. AccountRight Premier offers mid-sized businesses a smarter way to manage multiple company accounts, inventory and payroll, as it combines the benefits of speed and increased functionality with the flexibility of working anywhere in real-time.

“A key advantage is there are no limits on the number of users, transactions or employees - and at no extra cost. This makes it ideal for larger businesses with multiple team members and advisors working on the accounts in real-time,” says Mr Scollay.

In addition, AccountRight Premier includes the ability to link bank accounts securely to the solution where bank transactions are automatically imported and coded into the software – a feature that can save 10 hours a month on average.

"The beauty of an online platform is its ability to allow us to be more responsive – we are continually listening to feedback and looking at how we can integrate greater usability and functionality into each release.

“We’ll continue to deliver continuous updates and enhancements to the online version of AccountRight Premier, such as multi-currency, which will be available in late 2014,” says Mr Scollay.

The price for AccountRight Premier is $79 inc. GST per month, with a 12-month minimum term.

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.

-ENDS-

For further information or immediate comment, please contact:

Sarah Putt

MYOB

Tel: (09) 925 3515

Mob: 029 777 0256

Email: sarah.putt@myob.com

Gerard Blank

The Agency Communications Limited

Tel: 03 341 5841

Mob: 0275 243 629

Email: gerard@theagencynz.co.nz

About MYOB New Zealand

Established in 1991, MYOB is New Zealand's largest business management solutions 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 and more. MYOB 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 more than NZ$35 million annually on research and development. In 2013, MYOB expanded its offerings with the acquisition of accounting solutions provider BankLink. For more information, visit myob.co.nz.