Displaying items by tag: MYOB

In a marked heating up of the battle currently being waged between small business accounting software providers MYOB and Xero, MYOB chief Tim Reed has questioned Xero’s latest numbers and planted a stake in the ground when it comes to any claim by his Kiwi upstart rival to market leadership.

There’s an intriguing and relentless battle for the hearts and minds of customers and potential customers going on in the online accounting software market between Australia’s own homegrown vendor MYOB and the upstart New Zealand vendor Xero.

Australia’s small businesses are doing okay in a tough economic environment, but they are not out of the woods yet. While revenues for many have remained relatively stable, more small businesses are still reporting declining revenues than those enjoying revenue growth.

Online accounting software company Xero says its ecosystem of business solutions has grown by more than 35% to 350 in the past 12-months, and it has now unveiled a “new business software marketplace” designed to give small businesses and their advisors a new way to easily find the right add-on solutions.

US giant accounting software firm Intuit, the most recent major entrant into the Australian-New Zealand market in its own right, says it now has more customers globally choosing its QuickBooks Online solution over QuickBooks Desktop.

Accounting software vendor MYOB has recorded double digit revenue growth for the half year to the end of June and is predicting continued sales growth for its cloud and mobile solutions.

New Zealand-based, global online accounting software company Xero is shouting from the rooftops about its performance in the Australian market, claiming an ‘explosion’ in customer numbers to 147,000 businesses using its software, up from 109,000 in March.

The major new player in the Australian accounting software market, giant US firm Intuit – makers of Quickbooks - has upped the ante in its quest for marketshare and customer acquisition, with a direct hit on competitor Xero.

New Zealand-based accounting software company Xero is likely to list in the US early in 2015 on the back of strong growth in the cloud market and its announcement that annual revenues have now reached over US100 million.

Listed mobile payments and transactions company Mint Wireless has entered into an agreement with WolfStrike to offer integrated payments across multiple mobile devices under WolfStrike’s own brand in the Australian market.

Accounting Software provider MYOB has introduced a new Pay Super feature to its AccountRight Plus and AccountRight Premier solutions which it says will give employers “huge time saving benefits” while ensuring compliance with SuperStream in time for Tax Office deadlines.

Australian accounting software firm MYOB has launched a new credit card reader for mobile payments solution MYOB PayDirect, which accepts payments from ‘chip and pin’ and ‘swipe and pin’ credit cards.

The managing director of cloud accounting company Xero has cast doubt on MYOB's claim to have the largest online user base in Australia, and says his company is attracting hundreds of users away from MYOB every week.

Xero and MYOB both claim to have the leading position in the Australian online accounting market.

Accounting software vendor MYOB has taken up a minority stake in Australian Point-of-Sale start-up Kounta and will offer an integrated accounting and POS solution to the market.

Australian accounting software vendor MYOB has launched its first enterprise mobile business application, called EXO OnTheGo.

Accounting software provider MYOB has launched a general release of its new Essentials Cashbook cloud solution after completion of a four-month pilot program with more than 200 accounting users.

Accounting software provider MYOB has acquired a four-year old start-up in a deal which further underpins its cloud services strategy and vision for encouraging accountants to move online and delivering them an ‘enhanced collaboration’ platform.

Online accounting software company Intuit, the maker of QuickBooks and a relative newcomer to the Australian market in its own right, is acquiring Australian start-up invicto and will integrate the young company’s cloud-based data extraction solution with its range of accounting offerings.

MYOB puts a lot of effort into providing users with a good experience. Here's how it goes about the task - plus a look at some of the things it is working on.