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MYOB simplifies business management with platform update

Technology

The accounting software provider has reduced technical jargon and introduced user-friendly features to make doing books easier for users.

By Christine Chen 11 minute read

MYOB has simplified its platform by shedding technical jargon and introducing new features in a bid to make it easier for small businesses to use accounting software to do their books.

Emma Fawcett, MYOB general manager for SMEs, said the update would make the adoption of business management technology a “less daunting prospect” for small businesses.

Accountants and bookkeepers would also be able to save time usually spent on onboarding clients to the system, she said.

“Many of our customers, particularly accountants and bookkeepers, are extremely financially literate, but that’s not always the case with small business owners themselves, so we have replaced some of the more technical terms with user-friendly terminology and made it easier for them to use the platform.”

“Most small business owners don’t chase their dreams because they love doing the books. We want to help them reap the benefits that a business management platform can provide, without having to learn a whole new financial language.”

MYOB said the changes included simpler terminology and a navigation menu to make it “easier for customers to find what they need”.

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It would also include a new shortcuts feature in the Help section for faster troubleshooting.

The features would go live on Wednesday to users of MYOB Business Lite and Pro, and the MYOB Business AccountRight Plus and Premier browser.

“The functionality itself has not changed and the solution continues to offer the best-in-class tools needed to run a small or medium sized business,” Fawcett said.

The revamp follows MYOB’s announcement that Sportsbet executive Simon Noonan will join as its new chief technology officer in June.

Noonan said his goal was to “accelerate our pace of innovation in service of customers”.

He would replace current CTO Darren Smith, who would step down in June after four years in the job, MYOB said.

Christine Chen

Christine Chen

AUTHOR

Christine Chen is a graduate journalist at Accountants Daily and Accounting Times, the leading sources of news, insight, and educational content for professionals in the accounting sector.

Previously, Christine has written for City Hub, the South Sydney Herald and Honi Soit. She has also produced online content for LegalVision and completed internships at EY and Deloitte.

Christine has a commerce degree from the University of Western Australia and is studying a Juris Doctor degree at the University of Sydney. 

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