MYOB Acumatica
About MYOB Acumatica
Designed specifically for mid-sized businesses (20-1,000+FTEs), the MYOB Acumatica ERP platform harnesses award-winning technology, industry specific workflows and hands-on support from local experts to unlock insights and drive growth for businesses.
For the companies that have outgrown accounting software, the scalable platform connects finance, sales, inventory, production, and people workflows all in one place and is tailored to the specific needs of Aussie and Kiwi businesses.
Key benefits of MYOB Acumatica
• Manage your customer accounts with automated processes and gain access to flexible financial reporting and analysis at your fingertips with myob Acumatica.
• 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 Acumatica's 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 Acumatica's 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.
• Find extra hours in the day with an integrated cloud system that automates workflows and provides intuitive digital solutions.
• Exceptional usability built for growing Aussie businesses, our ERP platform promotes productivity, streamlines workflows and encourages collaboration.
• Customisable solutions tailored to your needs and add apps and tools to myob Acumatica’s core distribution, financial and reporting functions.
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- Industry: Real Estate
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- 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.
- Industry: Human Resources
- Company size: 1,001–5,000 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- 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.
Reasons for Choosing MYOB Acumatica
ERP300 was no longer supporting the version we were using and was incompatible with MS Office 10 (I think?)Reasons for Switching to MYOB Acumatica
Cost and ease of use. Sales people explained the product better and we thought we would receive good after sales implementation (which we did)- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- 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.
- Industry: Wholesale
- Company size: 11–50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- 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.
- Industry: Hospitality
- Company size: 2–10 Employees
- Used Weekly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support Software
- 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.
Reasons for Switching to MYOB Acumatica
Accountant uses MYOB and it seemed simpler to use the same.MYOB Acumatica FAQs
Below are some frequently asked questions for MYOB Acumatica.Q. What type of pricing plans does MYOB Acumatica offer?
MYOB Acumatica offers the following pricing plans:
- Pricing model: Subscription
- Free Trial: Not Available
Contact MYOB for detailed pricing information.
Q. Who are the typical users of MYOB Acumatica?
MYOB Acumatica has the following typical customers:
11–50, 51–200, 201–500, 501–1,000, 1,001–5,000
Q. What languages does MYOB Acumatica support?
MYOB Acumatica supports the following languages:
English
Q. Does MYOB Acumatica support mobile devices?
MYOB Acumatica supports the following devices:
Android (Mobile), iPhone (Mobile), iPad (Mobile)
Q. What other apps does MYOB Acumatica integrate with?
MYOB Acumatica integrates with the following applications:
HubSpot Marketing Hub, MYOB Business, Microsoft Outlook, Microsoft Power BI, SAP Business One, SAP Concur, Salesforce Sales Cloud
Q. What level of support does MYOB Acumatica offer?
MYOB Acumatica offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base Software, Phone Support, Chat
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