Review: Acumatica Cloud ERP Highlights for MYOB Advanced

As MYOB Advanced is based upon the Acumatica framework we thought we would reflect on the recent updates and effect on updates for MYOB Advanced.

We were also excited to see Acumatica be named as an ERP leader by users and industry analysts alike yet again! This recognition and a few other highlights from this year are worth mentioning but before we get into that, why are we talking about an American brand in Australia?

The MYOB Advanced and Acumatica Connection!

MYOB-Advanced-financial-management (5)

It is important to know that Acumatica is the main provider of the technology foundation for the MYOB Advanced Cloud Business System. Global Acumatica System has been customised to create The MYOB Advanced System for the special Australia-New Zealand customer base to suit our needs thoroughly. MYOB Advanced is hosted by MYOB in Sydney at Amazon Web Services, the largest Data Centre in the ANZ region.

Acumatica’s recent top highlights

1. IDC names Acumatica a Midmarket Leader

In the IDC MarketScape report, IDC compared 23 worldwide SaaS and cloud ERP midmarket applications. Based on IDC's research and categories of capabilities and strategies, Acumatica was firmly placed in the Leader’s category above many of our major competitors, including Oracle NetSuite.

Acumatica invests heavily in R&D and this is paying off. They are consistently delivering a highly usable product which is innovative and meets the needs of every industry. The IDC analysts urge SMBs to “consider Acumatica when you are looking for a straightforward and adaptable ERP application that can be configured to fit your business.”

This is the backbone for MYOB Advanced.

2. Sustaining customer growth during a pandemic

Acumatica Pricing: Pay Only for What You Use | Acumatica Cloud ERP

As we know, many businesses unfortunately faltered due to COVID-19 restrictions. But Acumatica thrived through busily ensuring business continuity for their customers through their secure and mobile cloud ERP software. In fact, the shifting of their workforce from onsite to home was practically a non-issue for some of our customers, such as Rebecca Ogle, CFO of Safety Management Group.

“In a single day, we confirmed everyone had what they needed,” she says. “They took their office work home that night and started working from home the next day. I shudder to think about the amount of time and coordination it would have taken with our prior system.”

For Acumatica customer Monahan Partners, COVID hit while they were in the process of implementing Acumatica for their business. Vice President Matt Short says that the mobile access to Acumatica’s cloud-based ERP solution allowed their staff to work remotely when their local area experienced a spike in cases “without causing any disruption in customer service.”

We have many more examples of Acumatica customers keeping their business running smoothly and running successfully during this unforeseen pandemic. They have shown their gratitude and their love for the product by providing amazing user reviews, which led to our ranking as a Leader in Forbes, Gartner, and G2 channels (Acumatica were awarded multiple G2 badges for 2020).

3. Annual product releases arrived on schedule and uninterrupted fo MYOB Advancedr

Work Smarter, Not Harder, with Acumatica 2020 R2 | Acumatica Cloud ERP

The Acumatica community excitedly awaits and expects two major product releases every year, and Acumatica meet their expectations every year—even during a pandemic!

Acumatica 2020 R1 and Acumatica 2020 R2 were released on time and with improvements, further enhancements, and upgrades that help you save time as a business with ERP usability, eliminate business silos with new native modules, support your growth with best-in-class functionality, and more. Artificial intelligence (AI) and machine learning (ML) capabilities continue to be enhanced within each iteration.

The business continuity Acumatica experienced is exactly what they provide to their valued customers. As they expressed in the Acumatica 2021 press release, we have to marvel at the pace the Acumatica product team delivers innovation and enhancements. Making sure to follow all health and safety protocols during the pandemic, the Acumatica team continued to do their job with skill and expertise in an unprecedented time.

Welcome the new Financial Year with MYOB Advanced based upon Acumatica Cloud ERP

We are always ready to greet a new year with open arms, but we can’t help but be proud of Acumatica’s role in helping MYOB Advanced continue to be successful. The improvements they discover and make to their products positively impacts the ANZ community and our MYOB Advanced customers! 

If you have questions or would like to request a demonstration of MYOB Advanced, please contact our team today. You can be assured that we’re able to help your business succeed even in uncertain times.


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