MYOB signalled their intent to break into the mid-market cloud ERP market when they invested in Acumatica in 2014. Since then, they have released and improved the MYOB Advanced product into the feature-rich solution that it is today. With a host of modules and industry-specific editions that can be integrated into the core Business platform, MYOB Advanced can meet your organisation’s needs now and into the future.
MYOB Advanced powered by Acumatica offers power and flexibility by allowing 24/7 visibility over your business from a cloud-based platform. It is easy to use, typically a better value solution for its place in the market, and scalable to grow with your organisation.
This page is your hub for all the latest MYOB Advanced and Acumatica news. We have gathered this information to better inform you about future updates and features coming to MYOB Advanced.
Articles from 2022
Acumatica’s ranking in the Market
To learn more about where Acumatica ranks against other Enterprise Resource Planning Software, take a look at the ‘Emotional Footprint’ from software reviews. It measures the overall experience of working with a software vendor and its platform. The Emotional Footprint helps you understand how you can trust and rely on the vendor to support you through your relationship by identifying which vendors provide the best overall experience when compared to the perceived value of the software. You can use this report to understand which vendors focus on building relationships to create a loyal customer base.
Read more about Acumatica and the Emotional Footprint here!
Acumatica named global leader in cloud computing
For the second consecutive year Acumatica has been named a global leader in cloud computing at the Business Intelligence Group 2022 Stratus awards. They have won the Cloud Disruptor award for the first time, and Cloud Integrator award for the second year. Acumatica focuses on building modern solutions that allow their customers to navigate through market challenges and this award is a testament to their commitment and prioritisation of customer satisfaction.
Learn more about Acumatica’s innovation within the cloud ERP market here.
Acumatica Tops Customer Rankings for Third Consecutive Quarter
Acumatica has once again topped the standings at the G2 Fall 2022 awards, coming away with the number 1 ranking in 7 different categories. G2’s ratings and reports are based on real customers’ reviews and experiences.
Click here to discover which key categories Acumatica leads the ERP field.
Acumatica Ranks No. 1 in G2 Spring 2022 Reports
Acumatica was able to once again secure eight number one rankings in the G2 Spring 2022 report, highlighting their commitment to customer satisfaction. These relationship index rankings included coming out on top with:
- Best Mid-Market ERP systems
- Best Overall Distribution ERP
- Best Mid-Market Distribution ERP
- Best Overall Project-Based ERP
- Best Mid-Market Project-Based ERP
Learn more about how real customers ranked Acumatica here.
Acumatica Ranks No. 1 in G2 Winter 2022 Reports
G2 is the world’s leading business solution review platform. Business professionals, buyers, investors, and analysts use the site to compare and select the best software and services based on user reviews. Acumatica ranked first in 10 different categories relating to Useability, relationship and momentum. Customers recognized the Cloud ERP Company’s dedication to quality of support and positive customer relationships.
Read more about Acumatica’s number one rating here.
Articles from 2021
End users crown Acumatica Cloud ERP a Champion
One of only seven Champions, Acumatica placed at the top of the Midmarket Enterprise Resource Planning Emotional Footprint Diamond, ahead of Sage Intacct and Oracle NetSuite ERP, and Microsoft Dynamics. The results are released in a fact-based report, providing actionable insights for companies evaluating their software options.
Read more about the success of Acumatica here.
Acumatica takes on SAGE in the UK
Acumatica (the software behind MYOB Advanced) is looking to move into the UK market, which SAGE has traditionally dominated. Acumatica is a broad ERP product that gives its customers the agility and flexibility they need. Acumatica has been written for a SaaS model from its initial development and is built on a modern cloud-native platform that allows easy integrations with other tools and services.
Read more about Acumatica’s expansion into the UK market here.
Professional Services announced as the next Industry Edition of MYOB Advanced.
Designed for large practice management companies, MYOB Advanced will soon see a Professional Services Industry Edition released. This new solution will improve efficiency by simplifying your projects, giving you a real-time view of your data, and automating mundane processes so you can focus on more important tasks.
Read more about the new Professional Services edition of MYOB Advanced here.
Integrated ERP: Definitions and Benefits
Your organisation has a lot of moving parts, from accounting and payroll to production and distribution. Every activity within your organisation and each piece of data gathered from customers, suppliers, and business partners must be recorded. Your company needs this data in order to be able to make informed decisions, and the key is a fully integrated ERP.
Learn the benefits of a fully integrated ERP here.
Acumatica unveils enhanced functionality and usability with its 2021 R1 release
The Cloud ERP Company, Acumatica, continues to Advance its award-winning solutions for customers. This is good news for MYOB Advanced, as it is based on the core functionality of Acumatica, localised for the Australian and New Zealand market.
Read more about the latest functionality of Acumatica here.
Articles from 2020
This is what happens when an ERP vendor listens to customers
Acumatica invests over 70% of its personnel into Research and Development to continue building out the platform to meet the needs of the market. In the next year, Acumatica will look to improve non-programming customisations, dashboard and reporting, machine learning and artificial intelligence, and performance and scalability. We look forward to seeing these improvements flow through to MYOB Advanced in the future.
To read the full article, click here.
Articles from 2019
Why your growing company needs smarter inventory control systems – and how to get them
True inventory control requires a balance between goods coming in and goods going out, but maintaining this balance is complicated. Falling out of this balance by holding too much or too little inventory can cost you money.
To learn how Acumatica (MYOB Advanced in Australasia) can help your business succeed with its inventory goals.
Articles from 2018
A Review of Acumatica
Acumatica’s intuitive design, enterprise scalability, and flexible pricing model help to make Acumatica an excellent choice for ERP, GL accounting, and inventory management.
Read the full Acumatica review here.
Articles from 2017
Gartner positions Acumatica in the visionaries quadrant for cloud core financial management suites
Acumatica, the fastest-growing cloud ERP company, was identified as a Visionary in Gartner’s June 2017 Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large, and Global Enterprises. Acumatica is known for its innovation, leadership, and exceptional technology, as well as for providing superior integration capabilities.
To read the full article, click here.
NETSTOCK’s Inventory optimisation app is now an Acumatica certified solution
Acumatica users that manage inventory – namely, manufacturing, distribution, and retail businesses – can utilise NETSTOCK to add a new level of visibility into their inventory and place better orders quickly. Using data transferred from Acumatica every night, NETSTOCK delivers an easy-to-use dashboard that highlights excess stock, stock-outs, and potential stock-outs.
Read the full article on NETSTOCK’s website here.
What is the ERP Implementation Process?
Selecting the right ERP system software for your organisation is an important decision that takes time and research. But, once selected, implementing that software can be intimidating. All ERP implementations vary in scope and ERP technology is constantly changing.
Learn the steps behind a successful ERP implementation direct from Acumatica and read the full article here.
Articles from 2016
Why the technology used to build Acumatica is important to anyone evaluating ERP software
John Howell has a vision that in the next 10 years there is going to be a big push globally for all software to have the ability to communicate with each other. So, John made sure Acumatica was built on technology languages that will be universal.
Read the full article here.
Why are businesses that embrace the multi-cloud world set up for success?
As the world of cloud evolves it is important to distinguish between siloed cloud environments versus a multi-cloud approach. Some people have a perception that cloud means cloud – singular. However, to truly take advantage of the cloud, you need to understand that there is not going to be just one cloud when all the dust settles, but many of them.
Learn more about the multi-cloud by reading the article here.
Articles from 2015
How much does ERP Implementation Cost?
In general, the price of Enterprise Resource Planning (ERP) software can cost anywhere from 100%-250% of the software licence cost for implementation. The total price includes the software licence, the number of users, renewal fees, training, customisations, number of features deployed, maintenance, and upgrades.
Look at a breakdown of the cost of an ERP implementation by reading the full article here.
Articles from 2014
Intercompany Transactions: The Good, The Bad, and The Ugly
Intercompany transactions represent a bookkeeping risk for any parent business with one or more subsidiaries. It’s only through careful intercompany accounting that you can avoid counting these transactions twice. How do you handle intercompany reconciliation between your branches and other entities? With the right accounting software, you can avoid the bad, prevent the ugly, and keep the good.
Explore intercompany transactions, and how Acumatica can help, here.
Acumatica honoured as Gold Stevie® Award Winner in 2014 American Business Awards
Acumatica won a Gold Stevie for the New Product or Service of the Year for Cloud Platform. It also won a Silver Stevie for Software, and Bronze Stevies for Financial Management Solutions, and Most Innovative Tech Company of the Year awards.
To read more about the Stevie awards, and Acumatica’s success – click here.
Cloud accounting startup Acumatica raises $13million, looks to battle NetSuite
NetSuite is a California based powerhouse in the business software arena, with a market value of almost $7billion and over 2500 employees. But a six-year-old Seattle area startup is looking to take on the established powers in the ERP space, and it just landed $13.3million from some big players to help make that mission a reality.
Read about the first steps MYOB took on the journey of MYOB Advanced.