MYOB Advanced Business

MYOB Advanced Business

Intelligent, cloud-based ERP & payroll software

About MYOB Advanced Business

MYOB Advanced Business is a cloud based ERP for businesses across Australia and New Zealand, with sophisticated tools for financial management, inventory and distribution, customer management, project accounting, and payroll management, all in a scalable platform. Users can manage their day-to-day tasks and streamline sales, purchasing, and accounting, and utilize built-in tools such as reporting and dashboards, integrated marketing, a customer self-service portal, advanced billing, compliance management, and more.

With MYOB Advanced Business, users can manage their customer accounts with automated processes and easily generate invoices, send statements, verify balances, as well as review day-to-day transactions, manage vendor invoices, simplify payroll, and much more. Users also get access to to flexible reporting and analysis with the General Ledger's comprehensive financial data and track inter-company accounting. Tools for inventory and distribution provide users with real-time access to available inventory, inventory in transit, and inventory costs, including features for sales and purchase order management, and a built-in purchase requisition system.

MYOB Advanced Business provides an array of tools for customer management including integrated marketing which allows users to segment and manage online campaigns; opportunity and pipeline management for improving sales success with automation; a customer self-service portal to reduce customer support questions; and customized dashboards for clear and insightful reports. Features for project accounting help users track all costs, revenues and budgets for projects, and provide advanced billing, and time and expense tracking. MYOB Advanced Business also enables users to manage payroll and produce real-time reports, track company files and leave entitlements, and stay up-to-date and compliant with tax obligations.


Key benefits of MYOB Advanced Business

• Manage your customer accounts with automated processes and gain access to flexible financial reporting and analysis at your fingertips with MYOB Advanced Business.

• Manage your sales activities with an integrated workflow, create and approve quotes, and manage your distribution on the go with tools for comprehensive inventory management.

• Analyze customer trends in real-time and improve your sales success with MYOB Advanced Business' automation that increases efficiency and enhances information flow.

• Manage your projects and track all costs, revenues and budgets, and bill materials and labour based on the type of work performed, project requirements, and more.

• MYOB Advanced Business' tools for payroll management are accessible from anywhere, and help keep you up-to-date with tax obligations including fringe benefits, work cover, tax file numbers and more.


Images

MYOB Advanced Business Software - Mobile solutions liberate service, sales, and warehouse teams from bottlenecks and hurdles. Unlock efficiencies, eliminate admin backlog, reduce data errors and increase customer satisfaction.
MYOB Advanced Business Software - ERP software combines real-time data with automated processing across finance, sales and operations. In short? It's software that collects, stores, and manages information about your entire business.
MYOB Advanced Business Software - Give customers, staff and suppliers an unprecedented amount of information in real-time.
MYOB Advanced Business Software - Effectively manage your inventory, streamline sales and purchasing, manage your financials in real-time and more – all in a scalable and integrated solution.
MYOB Advanced Business Software - Manage your customer accounts with automated processes to help you generate invoices, send statements, verify balances, deliver customer reports and more
MYOB Advanced Business Software - Manage your sales activities with integrated workflow, configurable order types, and flexible discounts and promotion
MYOB Advanced Business Software - Link transactions to customers or suppliers, add bank charges, interest or record-omitted cash to a reconciliation screen.
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MYOB Advanced Business video
MYOB Advanced Business Software - Mobile solutions liberate service, sales, and warehouse teams from bottlenecks and hurdles. Unlock efficiencies, eliminate admin backlog, reduce data errors and increase customer satisfaction.
MYOB Advanced Business Software - ERP software combines real-time data with automated processing across finance, sales and operations. In short? It's software that collects, stores, and manages information about your entire business.
MYOB Advanced Business Software - Give customers, staff and suppliers an unprecedented amount of information in real-time.
MYOB Advanced Business Software - Effectively manage your inventory, streamline sales and purchasing, manage your financials in real-time and more – all in a scalable and integrated solution.
MYOB Advanced Business Software - Manage your customer accounts with automated processes to help you generate invoices, send statements, verify balances, deliver customer reports and more
MYOB Advanced Business Software - Manage your sales activities with integrated workflow, configurable order types, and flexible discounts and promotion
MYOB Advanced Business Software - Link transactions to customers or suppliers, add bank charges, interest or record-omitted cash to a reconciliation screen.

Not sure about MYOB Advanced Business? Compare with a popular alternative

MYOB Advanced Business

4,3 (39)
VS.
Highly reviewed

Starting Price

No pricing found
US$600,00
month

Pricing Options

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Free trial
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Features

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34

Integrations

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No integrations found

Ease of Use

4,4 (39)
3,8 (46)

Value for Money

4,1 (39)
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Customer Service

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Reviews

Overall rating

4,3 /5
(39)
Value for Money
4,1/5
Features
4,3/5
Ease of Use
4,4/5
Customer Support
4,2/5

Already have MYOB Advanced Business?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 39
Ali Sally
Ali Sally
Overall rating
  • Industry: Real Estate
  • Company size: 51–200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Myob aAdvanced, a complete business solution.

Reviewed on 2021/08/10

My experience in using MyOB Advanced is great. I'm dealing with customer services and Human...

My experience in using MyOB Advanced is great. I'm dealing with customer services and Human Resources works. MyOB Advanced helps me and my company to be more responsible and gives more measurable and satisfied services to our workers and clients.

Pros

MyOB Advanced offers a lot of modular but integrated accounting functionities, easy to use and comes with real time cloud base activities. You can accomplish any accounting tasks that deal with your team and clients anywhere and anytime.

Cons

MyOB Advanced ease complications of any accounting system, that's why the UI design should developed to be more intuitive and user friendly.

Steven
Overall rating
  • Industry: Human Resources
  • Company size: 1 001–5 000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Efficient and seamless accounting on MYOB Advanced

Reviewed on 2023/01/24

MYOB Advanced also enabled us to save on having our own server-based environment, we’re now in the...

MYOB Advanced also enabled us to save on having our own server-based environment, we’re now in the Cloud. So a saving on server license fees/ backup issues etc. We have also centralised our FAR in MYOB. Velixo is definitely the best feature of using Advanced, as detailed above.

Pros

Integration with Velixo is a big plus. The write back and drill down features enable us to complete the accounting / reporting a lot quicker. -Updating budgets is much easier now. Velixo has provided a full suite of customized reports by refreshing data and changing date filters.-A key strength of the fixed asset module is that we can attach things like CAPEX approvals, quotations etc to the fixed asset record.

Cons

The fixed assets forces the user to enter a useful life even for RB assets. There's also not validating tool prior to import, so when you set this up in MYOB you need to keep re-importing. We had some initial difficulties with inter-entity transactions which was only overcome with customisations and some protocols being put in place.

Alternatives Considered

Sage Accounting and NetSuite

Reasons for Choosing MYOB Advanced Business

ERP300 was no longer supporting the version we were using and was incompatible with MS Office 10 (I think?)

Reasons for Switching to MYOB Advanced Business

Cost and ease of use. Sales people explained the product better and we thought we would receive good after sales implementation (which we did)
Nick
Overall rating
  • Industry: Wholesale
  • Company size: 11–50 Employees
  • Used Daily for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 0.0 /10

Appalling performance and customer support from MYOB including Head of Product at MYOB

Reviewed on 2023/03/30

When the system is working properly, it is good. It took around 5 months to get it running properly...

When the system is working properly, it is good. It took around 5 months to get it running properly in terms of the correct sequence of 'business events'. There were problems with the choice of inventory allocation process for the sales orders so we had problems with back-ordered stock arriving and triggering pick slips. For the past 3 months, we have had major problems with MYOB's hosting of the service which has ranged from zero access to the system, to system drop outs to 'business events' not firing. Our local consultant has been on the job chasing MYOB with support tickets. We are now 3 months in with little to no contact from MYOB and no hint of what the problem is or what the fix is. Incredibly we have recently heard through our consultant that MYOB is scheduling an upgrade to our service in around 5 months time. We are no clearer as to what the problem is nor whether this upgrade will fix the problem. Nor an explanation as to why it has taken 3 months to arrive at this point of requiring an upgrade. Nor an explanation as to why it will take 5 months. Nor whether it can be brought forward.

Pros

It is cloud based and simple to access over web browers. Looks like it does most things well to run our business.

Cons

It was a complex job to get the system running smoothly, probably taking around 6 months. We migrated from MYOB EXO which was a good product but we felt it was outdated and increasinly poorly supported by MYOB. We understood from our local implementation partner that MYOB were applying a lot more resources to Advanced and it would be their go-to mid tier product going forward.

Verified Reviewer
Overall rating
  • Industry: Wholesale
  • Company size: 11–50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Very Capable Accounting software

Reviewed on 2023/06/27

Pros

I am able to extract data very easily through Odata and have been able to set up useful API integrations with other software. It is also easy to create my own reports using Generic Inquiries. These work very similar to how a pivot table works and I am able to customize to bring in the data fields I want to see.

Cons

Sometimes being a proper accounting software i find some users find it difficult to understand and are overwhelmed by the features. However if being used by an accountant and with consultation with MYOB customer service this can be overcome to make reports and data points that all users can find useful.

Yo
Yo
Overall rating
  • Industry: Hospitality
  • Company size: 2–10 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Good Accounting Software with Good Support

Reviewed on 2020/10/01

The software is reliable and does the job. It doesn't have fancy reporting or an amazing user...

The software is reliable and does the job. It doesn't have fancy reporting or an amazing user interface but it's got everything you need. MYOB responded well to the changes needed for STP reporting, JobKeeper payments and Government Grants.

Pros

Good, reliable software for accounting and payroll. Integrates well with our timesheet and rostering App (Deputy). Product support is generally very good and has extended hours.

Cons

A few things are not very intuitive, eg I wanted to run a report showing how much we've spent with a certain supplier over the past year. The information wasn't where you'd expect it (in their card file). There are a couple of ways to get this info but I had to call support to find out. Also, we don't typcially generate invoices but when I needed to do one, I found it quite difficult to format it how I wanted it and to find out how to provide bank details instead of credit card info for payment.

Alternatives Considered

QuickBooks Desktop Enterprise and Xero

Reasons for Switching to MYOB Advanced Business

Accountant uses MYOB and it seemed simpler to use the same.
Showing 5 reviews of 39 Read all reviews

MYOB Advanced Business FAQs

Below are some frequently asked questions for MYOB Advanced Business.

MYOB Advanced Business offers the following pricing plans:

  • Starting from:
  • Pricing model: Subscription
  • Free Trial: Available

Contact MYOB for detailed pricing information.

MYOB Advanced Business has the following typical customers:

11–50, 51–200, 201–500, 501–1 000, 1 001–5 000

MYOB Advanced Business supports the following languages:

English

MYOB Advanced Business supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

MYOB Advanced Business integrates with the following applications:

HubSpot Marketing Hub, MYOB Business, Microsoft Outlook, Microsoft Power BI, SAP Business One, SAP Concur, Salesforce Sales Cloud

MYOB Advanced Business offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support

Related categories

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