MYOB Acumatica (formerly MYOB Advanced) Review

Being able to break down the data enables us to target the areas we need to focus on and where we’re doing well. It gives us a more granular understanding of the business that we’ve never had before. We’re now focusing on more value-added work. Advanced’s flexibility allows us to cut the data in different dimensions, which means we can be very responsive. Advanced is helping us to understand our business and to manage it better.

The reporting we get from Advanced is fantastic; the biggest benefit is being able to align our financial and operating data. We can look at the programmes, the revenues, the direct costs and the growth margins, and align that back to hours of service so we can understand the actual drivers of the business.

We went looking for a mid-tier solution that could meet those criteria. Small Business systems could not support multiple entities and the volume of transactions, whilst enterprise platforms were too complex and expensive. We were influenced in our choice of MYOB Advanced knowing we’d have a partner that could help deliver the platform we required. Leverage has been very structured, organised and professional.

MYOB Advanced has helped us to be much more nimble in our approach. It’s helping to support our forecasting and to give stronger incentive programmes to our team because everyone has real-time visibility into how we're performing.

The Multiple Dimension Reporting available in MYOB Advanced’s General Ledger allows full customisation of reporting and analysis, segmenting and slicing data, however the user wishes. We can see how our products are performing in Victoria or New South Wales, for instance, or we can create dimensions for salespeople or business units, and run reports on any combination of those designations

We wanted something that worked straight out of the box. We liked the fact that MYOB Advanced was completely hosted and that it supported multi-company and multi-currency models. It also had a range of other integrated features that we wanted, including payroll, project accounting and fixed assets - all at a reasonable price point.

I have been using MYOB Advanced for several months now and find it user friendly and adaptable to the needs of our agency. Would recommend to others.