MYOB Advanced

MYOB Advanced is a Cloud ERP solution for ANZ businesses that deliver best in class business process functionality, local vendor development and support. Built on the Acumatica Framework, it is a scalable, secure platform that can be tailored to meet all of your needs. It’s a great value for mid-market organisations, packed with features that make everyday life easier, more productive and more efficient. Ready to start this journey?  Cloud Factory is here to help.

What is MYOB Advanced?

An end-to-end Cloud ERP solution with Specialised Industry-leading capabilities

MYOB Advanced is a Cloud-based Enterprise Resource Planning System for small-to-medium businesses. It was developed by the award-winning Acumatica team in the USA, which adapted its features to take on the ANZ marketplace with such capabilities as Bank Feeds and Payroll.  Amazon Web Services (AWS) are the local hosting provider for MYOB Advanced Australia.

Cloud Factory and MYOB Advanced

Cloud Factory was the launch partner for MYOB Advanced in Australia in 2015 and as such has been giving advice to customers, partners and MYOB, for MYOB Advanced, since the very start.   We love helping businesses streamline their processes, giving them the resources they need to grow.    

We think MYOB Advanced is perfect for: 

  • Growing businesses that have outgrown their current financial and accounting systems. Many of our clients had been using software like Xero or Quickbooks and realised they needed something more. 
  • Businesses that need access anytime, anywhere.  Using a cloud ERP allows staff to work remotely, on or offline, or in multiple locations such as retail stores and warehouses.  
  • Growing businesses that balance multiple brands or companies.  Our solutions offer consolidation to help avoid data duplication.  Some of our customers such as Woolcock Group (MYOB's very first corporate reference site) especially found this ability helpful.



Take a MYOB Advanced Workshop

Cloud Factory holds many complimentary and personalised workshops for companies looking to implement MYOB Advanced to their business. We take them through an overview of the system and answer any questions they may have about MYOB advanced. To find out about a workshop that suits you, please click below!

MYOB Advanced Dashboard

Why MYOB Advanced is Great for Growing Businesses?

Reasons for a business to choose MYOB Advanced:

  • Scalability and flexibility.  MYOB Advanced is built to be useful to both a smaller local accounting business in Melbourne to a complex business in Australia and New Zealand. Its deep, mainstream ERP capability means that it is designed to grow with you and support your needs today and in the future when your business grows.
  • Deep and True ERP capability.  This allows it to cater to complex business needs such as quote management, inventory tracking, automated purchasing, and customer service. For example, MYOB Advanced for Distribution Management is fully integrated with Cloud CRM, financials, manufacturing and project accounting. This gives you visibility across the entire organisation.
  • Exceptional CRM Functionality.  Manage your leads, contacts, opportunities, and more. In addition, post-sales service, support and customer portals help improve the total customer experience.
  • Insights and trend analysis. Generate reports and analyse important trends related to your organisation easily and in real time.
  • Advanced accounting features.  See the actual costs of internal or external projects. You can manage the budget, time sheets, project inventory, and complex billing all in one place. Using visual dashboards, project reporting allows you to compare actual project costs with original and revised budgets.
  • Real-time coordination of multi-plant activities.  Integrate production planning, material purchasing and shop floor scheduling with customer management, sales orders, inventory, purchasing, and accounting, all in real time.  
  • Service management features.  MYOB Advanced Service Management tracks and optimises every process of your field services operations. From service orders to appointments, warranties, contracts, routes, staff skills, preventative maintenance schedules, equipment capabilities and a drag-and-drop dispatch board are all available in one platform.
MYOB Advanced Business Platform

Move from a disconnected business to a connected business with MYOB Advanced

MYOB Advanced Benefits

Take your business to the Cloud with MYOB Advanced

Here are some benefits our clients experience after using MYOB Advanced

  • Extensive Class-leading Functionality
  • The ability for you to analyse all your data in one place
  • Streamline processes and Improve productivity
  • Simplified Financials with Multi-entity workflows 
  • Vendor Managed SAAS Solution - Lower IT Costs
  • End-to-end control of supply chain management
  • Access MYOB Advanced via Web and Mobile
  • High-grade AWS security and data back-up
  • Real-time database replication across multiple zones
  • Denial of service (DDoS) protection and brute-force detection
  • 24 x 7 Platform Support
  • Role Level Security
  • Application Logging
  • 3rd Party Security Consulting audits for security
  • Extensive Password and Two-Factor Authentication

Simplify your day-to-day tasks

MYOB advanced comes with integrated workflows for the full suite of business management applications, from Project Accounting, Financials and Inventory Management to CRM. Specialised industry solutions include a Manufacturing Edition, Field Service Edition and Distribution Edition. MYOB Advanced is built on a future-proof platform with an open architecture for scalability, ease of use, and rapid integrations. Your Connected Business is now delivered! Have a look at the different packages below!

MYOB Advanced - Payroll Management

MYOB Advanced Payroll (known as People) is a powerful Cloud Payroll Solution for the bigger business that helps you to continue to grow. Enjoy the benefits of a unified system that shares information to help you take care of business. Payroll, Superannuation, Leave Entitlements and more.  MYOB Advanced People is fully integrated with MYOB Advanced ERP. As a single “Advanced” solution businesses will experience real-time benefits that will transform your business – including enhanced reporting, full GL integration transaction, history and audit tracking.

MYOB Advanced - Distribution Management

Automate processes and reduce errors in purchasing, order fulfilment, inventory tracking, and customer support with distribution software from MYOB Advanced.

Track inventory, manage sales orders, improve purchasing, fill orders, and provide customer support at anytime from anywhere with MYOB Advanced Distribution ERP software. MYOB Advanced Distrubiton is fully integrated with MYOB Advanced CRM, Manufacturing, Financials and Project Management for visibility across the entire organisation.

  • Inventory Management
    • Gain real-time access to inventory in transit, available inventory, inventory costs, reorder quantities. Efficiently manage your distribution process to improve customer satisfaction while maximising profit. Manage multiple warehouses, lots, inventory sub-items, expiration dates, and bin locations. 
  • Purchase Order Management
    • Reduce costs and improves vendor relationships by automating and centrally managing your global purchasing processes. MYOB Advanced online sourcing automates the entire procurement process from vendor quotes to paying invoices.
  • Sales Order Management
    • Optimise sales order entry and fulfilment. Split orders across multiple warehouses, verify credit limits, allocate inventory, accept returns, issue replenishment orders, and more. Improve your process and avoid delayed work through an integrated workflow with notifications and alerts.
  • Requisition Management
    • Organise and simplify complex distribution processes involving multiple products and suppliers. Optimise the way you obtain bids, gather requests, create quotes, manage purchases, approve quotes and fulfil orders for internal or customer needs.
MYOB Advanced - Financial Management

MYOB Advanced Financial Management suite provides powerful financial applications – simple enough for small shops and comprehensive enough for complex multi-nationals – supporting your needs today and in the future.

With MYOB Advanced Financial Management feature you will have access to the following functions:

  • General Ledger
    • Create a central repository, fully integrated, with analysis and real-time reporting power
  • Accounts Receivable
    • Manage customer accounts and improve collections by automating processes and tracking receivables with comprehensive reporting accessible anywhere, any time.
  • Accounts Payable
    • Track money owed, available discounts, due dates, and cash requirements. Access reports anytime, anywhere using a web browser.
  • Cash Management
    • Control day-to-day transactions, cash balances, funds transfer, and bank account reconciliation.
  • Currency Management
    • Conduct business globally using advanced currency management features to support international subsidiaries, vendors, and customers.
  • Inter-Company Accounting
    • Payments, Direct financial payments, Inter-entity transfers among multiple entities and cash management
  • Recurring Revenue Management
    • Easily handle recurring billing and maximise your revenue through billing accuracy, improved cash flow, and superior customer service.
  • Fixed Assets
    • Maximise tax benefits, create accurate financial reports, and meet compliance requirements.
  • Mobile Applications
    • Review cases, enable employees to enter time and expense, approve orders, and assign tasks from anywhere, at any time.
MYOB Advanced - CRM and Customer Portal

MYOB Advanced Customer Management Suite includes web-based Customer Relationship Management (CRM) applications for managing leads, contacts, opportunities, and customer accounts.

From quoting, sales and marketing to post-sales support and delivery, customer information must always be up to date and accurate. MYOB Advanced ERP System provides you with a consolidated view of all customer records in a single database. The ability to have access to all invoices, written quotes, and support cases provides every member of the team a 360-degree view of all customer records and records. The presence of Reports and Dashboards provide real-time sales data to help your staff manage quotas, forecasts, and results. You can also efficiently and effectively communicate and collaborate with customers through the integrated B2B Customer Portal.

What else is included?

  • Integrated Marketing
    • Within MYOB Advanced Integrated Marketing you can Improve your conversion, Manage leads, Measure campaign performance, improve productivity and communicate with contacts all in one system. Your Marketing team can capture leads from web forms, advertisements, purchased lists, direct mail, events, and other sources; send branded email offers. Track the best channels for qualified leads. Integrate to Hubspot and more!
  • Service and Support Automation
    • With MYOB Advanced Service and Support Automation, you can reduce response times, reduce your support costs, improve customer satisfaction and improve billing accuracy. Create a case from captured web form inquiries or manual entry. You can also allocate cases, and escalate per your set business policies. Ensure accurate billing through financial module integration.
  • Customer Self-Service Portal
    • Provide a Customer B2B Portal to provide 24/7 customer access to account information, the creation of new support cases, and the latest case updates through the on-line self-service portal. Business partners and resellers can view inventory and place orders themselves—speeding up the ordering process and freeing your sales team to focus on other activities.
  • Outlook Integration
    • Integrate incoming and outgoing email from Outook. MYOB Advanced searches for existing leads, contacts, and employees in CRM and then allows 1-click access to an existing contact. You can also create new leads and contacts right from your Inbox; create opportunities and cases associated with existing contacts; and log activity and attach e-mail contents to CRM.
MYOB Advanced - Project Accounting

MYOB Advanced Project Accounting features are integrated with Accounts Payable Software, General Ledger, Accounts Receivable Software, Sales Order Management, Purchase Order Management, Inventory Management, and the Time and Expense mobile application.

  • Project Cost Tracking
    • Get a complete view of all costs related to a project including labour, materials, inventory items, and services. Allocate shared costs and overhead expenses to projects based on formulas. This is Ideal for project-centric businesses including engineering, construction, consultants, marketing, legal, etc.
  • Advanced Billing
    • Manage all billing scenarios: cost plus, fixed price, time and materials, milestone billing, and contract-specific pricing. Modify resource billing rates by project, project tasks, inventory item, employee, and account group. Bill labour and materials according to the customer, the type of work being performed, or the specific project contract.
  • Time and Expense Management
    • Partners, Employees, and contractors can enter time-sheets anywhere by the use of any device with a browser. This adds convenience and improves accuracy to MYOB Advanced Project Accounting Software.
MYOB Advanced - Manufacturing

MYOB Advanced Manufacturing Software is a specialised software for manufacturing companies in Australia, specifically for the discrete manufacturing industry. It integrates seamlessly with MYOB Advanced Financial Management, Customer Management, Distribution Management, and Project Accounting Suites. MYOB Advanced Manufacturing provides you with real-time coordination of all your business activities from one central location.

Free MYOB Resources

Download our MYOB Advanced eBooks Bundle Pack to learn everything there is to learn about MYOB Advanced Financials, MYOB Advanced Inventory and Distribution, and MYOB Advanced Project Accounting.

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MYOB Advanced
Bundle Pack

This bundle pack has three of our most popular eBooks that will tell you all you need to know about MYOB Advanced Financials, MYOB Advanced Inventory and Distribution, and MYOB Advanced Project Accounting. 

  • eBook 1 - Take Control of your Financial Management with MYOB Advanced
  • eBook 2 - Take Control of your Inventory and Distribution with MYOB Advanced
  • eBook 3 - Take Control of your Project Accounting with MYOB Advanced
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MYOB Advanced Pricing and more!

Do you wish to learn more about MYOB Advanced? You can have a look at the pricing for MYOB packages in Australia below, its Integrations or you can book a free assessment with us and we will personally come to you and give you a MYOB Advanced demo. 

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MYOB Advanced Pricing

MYOB Advanced has a number of License types available to deploy. Ensure you deploy the right license for your users of MYOB Advanced. Get in touch with us to learn more.

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MYOB Advanced Integration

Extend MYOB Advanced to meet your unique business needs with these integrations. Learn about MYOB Advanced Certified Add-ons from Our Technology Partners

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Request A Demo of MYOB Advanced

Request a Complimentary Demo of MYOB Advanced with us to discover your business solution and see if MYOB Advanced suits you.

Free Initial Assessment

Book a free initial assessment with us where we understand your business problem and suggest a solution which suits you best and ensures growth for your business.