Introducing our next generation accounting solutions

Today marks an exciting day for us all here at MYOB – the next step in building our next generation accounting solutions.

We’re now more than half way through investing our 3-year, $75 million innovation fund; and we’re delivering some really exciting products to market.

Today’s releases include a new version of Australasia’s most popular accounting software, MYOB AccountRight Standard and AccountRight Plus and the introduction of a new version of our market leading Mac product: MYOB AccountEdge.

These releases also mark the first stage in the establishment of the new MYOB Business Platform.  This Platform will make cloud solutions more convenient, accessible, relevant and profitable for Australian and Kiwi businesses.  By combining the speed and function-rich capability of a desktop application with the connectivity and mobility of the internet we’ll offer SMEs the choice to work online or offline and the ability to move between the two whenever they want.

Today’s launch of the new AccountEdge for Mac is also supported by MYOB’s first iPhone and iPad app.  Available as a free download from Apple’s iTunes store, AccountEdge has been designed to operate the way our Mac users do – in highly mobile, flexible working environments, with a focus on accuracy, great presentation and effective business management.  You can now take your business software out of the office and on the job – wherever that might be.  Designed to integrate seamlessly with your desktop, the new, easy-to-use apps open up an entirely new way to run your business.  We’ve said all along that our job is to make business life easier for Aussie and Kiwi SME’s and this app will bring the convenience of having access to essential data and information into many busy business owners’ hands.

We’ve also built our AccountRight Plus and AccountRight Standard products on the .NET SQL codebase, using an agile development methodology that allow us to continually make rapid improvements as customers request them.  New features in both of these products have been designed to increase usability and help users become more productive, while offering the flexibility to customise information and reports. I’m confident you’ll love having flexible and faster search capabilities, a simplified End of Financial Year and an easy to use Command Centre – to name just a few.

But the best news is that this is just the beginning.  While today we’re rolling out new desktop apps – these apps have been built for the Cloud.  As we roll out the MYOB Business Platform and cloud connectivity over the upcoming months, these solutions will offer more choice for business owners in how and where they work, whether it’s from their desktop, in an online environment, or from a mobile device. They will enable business owners to work more closely with their trusted advisors – accountants, banks and partners. And they will be designed to allow businesses to get the support they need as they grow or develop.

The one thing that won’t change is our commitment to robust and reliable development, that’s backed by the expertise that comes with over two decades of creating products and services specifically for the Australian and New Zealand market.

So please head over and have a look at our new releases, and some of the great new features we’ve included.  I’d love to hear what you think!



Tim Reed | CEO – MYOB