Why Is MYOB Advanced So Popular? 

Do you run a medium to large-sized business? Are you searching for an integrated solution to run your business? Do you want to get rid of dozens of different systems in your organisation that don’t talk to each other?  Do you want a cloud-based ERP solution that can be accessed and updated from anywhere in the world?

MYOB Advanced is the solution you have been searching for! There are several reasons MYOB Advances has been so popular with Australian businesses. Here are a few reasons why business owners in Australia prefer to run their whole business on MYOB Advanced:

1). Integrated Business Solution

Most small businesses who have grown to become a medium to large-sized business typically have dozens of different systems to take care of various aspects of their business such as payroll, GST, inventory management, sales orders, purchase orders, and a whole lot of other things. 

These systems work for small-sized businesses where there are a few people who can quickly communicate with each other to solve their problems but this set up doesn’t work for medium to large-sized organisations. This is where MYOB Advanced can be of great help.

It’s an integrated ERP solution in the cloud that combines a variety of functions including an accounting system, reporting system, financial system, inventory management system, business intelligence system, payroll system, project accounting system, customer relationship management system and various others within a single system. All these software solutions talk to each other which gives you a bird’s eye view of your whole organisation in all aspects.

2). Cloud-Based

You do not need to invest in hardware. This is a system that runs completely in the cloud. You can access it through apps on your mobile devices or through web-based browsers from anywhere in the world. It is completely secure. MYOB has partnered with Amazon to provide the best in class security. Another important thing you need to know is that all the data is stored locally in Australia.

3). Increases Productivity

One of the biggest issues with maintaining so many different systems in an organisation is that employees have to handle the same data across a multitude of systems which is not only highly inefficient but also prone to errors. 

MYOB Advanced is a central software solution which helps to increase productivity right across the board. All the data for your organisation only needs to be entered once and then an appropriate workflow can be designed to provide the required reports as per the requirements of different departments in your organisation.

4). Pay Only For What You Need

There are several modules in the system that communicate with each other but it does not mean that you need to pay for all the modules. You can choose different modules you need and then upgrade to more modules as and when the need arises. You only need to pay a monthly subscription fee for the modules you use in this cloud-based system. Here is a list of some of the core functional suites included in MYOB Advanced:

1. Financial management and payroll – This allows you to manage the company’s finances in an efficient manner with the help of several tools such as business activity statement, GST, management reporting, single touch payroll, general ledger, superannuation and leave, inter-company accounting and a variety of other functions.
2. Wholesale distribution – This allows simplification of deliveries with the help of tools such as order fulfillment, stock turnover and logistics among others.
3. Customer relationship management – This module is designed to help you manage your customer relations much more effectively with tools such as automated customer support, analysis and reports on customers, discovering new opportunities and various other tools.
4. Business intelligence – This module allows business owners to get integrated intelligent reports from different modules in the system.
5. Manufacturing – This module allows management of seamless production workflows through various tools such as material requirement planning, quality management and other such tools.

Summary

Overall, MYOB Advanced has been specifically designed for mid to large-sized businesses. This cloud-based ERP solution has been designed from the ground up to allow business owners/management to manage their business in a streamlined manner. You’ll be able to keep track of all the aspects of your business as the data resides in a single system and any kind of report can be quickly generated at the push of a button. It will save you a lot of time and money, and also a lot of energy which will help you take your business to the next level.

At Stratus Group, our MYOB consultants do not just provide you with the software, we also provide expert knowledge and support. We will make sure that your MYOB Advanced software is implemented properly. We will work with you directly at all times during the whole process to ensure that you get exactly what you need. We also provide after-implementation support and assistance.

Take your business to the next level. With the business world facing so many uncertainties, simplify and protect your processes. Upgrade your system to MYOB Advanced now and get ahead of the competition.

Call us today on 1300 499 000 or fill out our inquiry form and we will get back to you within 24 hours.