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Displaying items by tag: MYOB

Thursday, 18 April 2019 08:54

MYOB shareholders back KKR $2B bid

MYOB shareholders have voted in sufficient numbers for the scheme of arrangement that would see US-based equity firm KKR take full ownership of the accounting software company.

Published in Listed Tech
Friday, 22 February 2019 13:02

MYOB board backs KKR scheme

Accounting software provider MYOB has failed to come up with a better deal than that proposed by US-based equity firm KKR last year.

Published in Listed Tech
Thursday, 21 February 2019 10:01

MYOB reports profit lift

Accounting software provider MYOB has released its 2018 full-year results, showing a 2% improvement in after-tax profit.

Published in Listed Tech
Friday, 15 February 2019 08:40

Square integrates with MYOB

Payments provider Square has announced integration with MYOB's Essentials and AccountRight accounting systems.

Published in Accounting Software

Accounting software company Reckon Group has achieved revenue of $75.4 million for the year to the end of December 2018 on the back of an 8% increase in cloud revenue, which now represents 45% of the company’s Business Group division available revenue.

Published in Accounting Software
Monday, 08 October 2018 10:05

KKR makes $1.75b offer for MYOB

American equity firm Kohlberg Kravis Roberts has made an offer to buy the shares it does not already own in online business management solutions company MYOB at $3.70 per share, MYOB has said in an announcement to the ASX on Monday.

Published in Deals
Friday, 21 September 2018 14:06

MYOB boosts R&D spending

Tax and accounting software company MYOB is increasing its investment in research and development to $100 million a year, chief executive Tim Reed has told iTWire.

Published in Strategy
Saturday, 08 September 2018 17:16

Jazoodle announces major enhancements coming soon

Accounting software provider Jazoodle has been busy, with lots of exciting enhancements promised in an email update to its customers, from simplified pricing, to pending MYOB and Quickbooks compatibility.

Published in Accounting Software

Accounting software provider Reckon’s chief executive Clive Rabie is stepping down to become managing director in the wake of the failed bid by competitor MYOB to acquire the company's Accountants Practice Management division.

Published in People Moves

MYOB has been taking a look at midrange companies and the issues they face.

Published in Enterprise Solutions
Thursday, 31 May 2018 21:04

MYOB abandons Reckon acquisition deal

Accounting software company MYOB Group has abandoned plans to acquire competitor Reckon, citing concerns over uncertainty in its business from further potential delays in the regulatory process to approve the proposed deal.

Published in Accounting Software

Accounting software provider MYOB has launched the second wave of its developher programme aimed at increasing the number of women in technical roles and offering successful candidates a fully paid, full-time internship.

Published in Education
Thursday, 29 March 2018 10:29

Competition concerns over MYOB bid to buy Reckon

A bid by accounting software firm MYOB to acquire another similar company. Reckon’s Accountants Group, could lead to a lessening of competition in this sector, the Australian Competition and Consumer Commission says.

Published in Business Software
Wednesday, 24 January 2018 20:16

Scammers again hit market with fake MYOB invoices

A new fake invoice scam “brandjacking” accounting software company MYOB has been detected, with the circulation of an email message designed to look like a legitimate invoice delivery email.

Published in Security

A scam described as a criminal-intent email exploiting the Australian Securities and Investments Commission is circulating, with security firm MailGuard warning it contains malicious macro code.

Published in Security

New Zealand's competition regulator is considering whether to give the go ahead to the proposed merger between accounting software solutions companies MYOB and Reckon.

Published in Accounting Software
Wednesday, 13 December 2017 11:35

Scam invoice detected by MailGuard

A new scam email being sent out in large numbers and designed to look like an invoice created with MYOB, has been detected by security company MailGuard.

Published in Security
Tuesday, 28 November 2017 23:17

Former CTO takes up chief exec role at Elabor8

Australian business consulting firm Elabor8 has boosted its executive team with the appointment of 30-year ICT industry veteran John Sullivan as its new chief executive.

Published in People Moves

Cloud accounting provider Reckon today announced the sale of its Accountants Practice Management division to MYOB for $180 million in cash.

Published in Accounting Software
Thursday, 28 September 2017 11:15

SMES want government cuts to red tape

Australian small- and medium-sized businesses have called for government to introduce more small business-friendly policies, including the reduction of red tape, simplification of reporting processes and further business tax cuts.

Published in Accounting Software

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