Payroll company MYOB has launched a new extension for its business management platform.
With a focus on accounting practices, MYOB says its Advanced Professional Services Edition enables practice managers to view operation insights and improve services, which it claims will allow for a better overall experience for their small business clients.
The extension is built on MYOB’s cloud Enterprise Resource Planning platform and is designed for practices with more than 25 employees. It joins previously launched editions with bespoke solutions for the manufacturing, building, and construction sectors.
“As automation in traditional accounting processes such as compliance increases, accounting practices will be seeking insight-rich workflow solutions for continual business development and growth,” says MYOB’s chief sales and support officer, Daniel West.
“It’s critical practice managers are able to review the effectiveness of their service offerings to make informed business decisions. Through COVID-19, small businesses forged an even deeper relationship with their advisors.
“With a greater need for ongoing advisory services such as forecasting, budgeting and growth planning, it’s more important than ever that practices are operating as effectively as possible in order to capitalise on the opportunity this presents for their own business growth and the success of their clients,” West says.
According to MYOB, bringing together work in progress and…