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One software provider has launched its cloud mid-market payroll service for larger businesses, in an effort to offer more flexibility with its payment system options.
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Software provider eyes big business with new payroll tool
09 February 2017
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MYOB has launched its cloud-based payroll solution Advanced People, designed to enable payroll information to flow between functions, reduce duplication of effort and manual data entry, and provide real-time business data for Australian and New Zealand mid-market businesses.
Speaking at a Sydney event, MYOB general manager of industry solutions Andrew Bircher said the tool was introduced to meet the growing client demand for cloud-based payment solutions.
“Cloud is the future of ERP and payroll. We’ve really seen the cloud take off in the SME marketplace ...[and] we’ve seen the same kind of profiles now in the mid-market, which is where the Advanced People is pitched,” Mr Bircher said.
“We’ve really seen the marketplace [grow] for cloud-based ERP solutions [and] we could see this was a trend that was going to continue, and we’re really pleased to accommodate that and work for our clients around it.”
Mr Bircher said that in the last two years there has been a vast shift from clients using server-based systems to cloud-based solutions.
The availability of cloud-based real-time data could also provide more in-depth business insights, he said.
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“We’re very excited to bring [Advanced People] to the marketplace. We think ... it will bring more value to our clients, [as] now you can get an ERP system and a payroll system all as one complete solution, and that brings a lot of benefits to the business,” Mr Bircher said.
“The Advanced Business and now the Advanced People system is absolutely 100 per cent cloud-native. [The system is an] any time, anywhere, highly scalable time solution. It’s a good thing for the big market [and] big-market businesses [to] grow a lot.
“That’s good for the clients because you’ve got client stakeholders being able to access different parts of their solution, get information, make complex reports [and] open different paths for business.”
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