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MYOB Advanced – a Cost-Effective ERP Solution

MYOB Advanced

MYOB Advanced – a Cost-Effective ERP Solution

In today’s market, most ERP platforms cost in excess of $100,000 to implement. MYOB Advanced is far less to implement; however, the price tag does not reflect its capabilities. MYOB Advanced is a robust system continually upgraded at no cost to keep up to date with Australian laws and requirements. 

Whilst some ERP programs require you to have one license for every single person in each of your businesses that will be using the software, MYOB Advanced only requires you to pay for one license per user throughout all of your companies; this is quite a cost-saving if you are running multiple businesses or branches. Not only is licensing based on users, but it is also customisable around roles – not everyone in the company needs to see all the information – this provides you with a level of security and cost savings concerning licensing fees. 

The biggest and best selling point of MYOB Advanced is that you have all the features your business will need in one location. Everyone will be working off the same data, and you will be able to have confidence that the data you are seeing is up to date and correct.

Key features include:

    • Core financials – AP, AR, Banking, GL
    • Purchasing
    • Construction (Monetary for Revenue and Cost Budget Tracking & Project Management including RFI’s, Daily Diaries, Project Issues, and many more)
    • Subcontract and Head Contract Compliance
    • Retention Tracking
    • Inventory & Warehousing Management
    • Distribution
    • Asset Management
    • Equipment & Plant Management
    • Opportunities (CRM)
    • Security and Level of Authority Workflows

With MYOB Advanced, the user is at the centre of all the data. The end-user can create any dashboard, report, inquiry, filter or generic enquiry that they may need so that the data is specific to their business and their requirements. All these aspects are personalisable and can be shared with your fellow team members. This incredible software also allows you to create your own Wikis and post them in your own system – this is a great feature when onboarding new staff. 

Not only is all the data in one centralised location, but MYOB Advanced can also integrate with so many other platforms with an API, such as Smartsheet, Procore, ProEst and many, many more.

If you feel your business could benefit from a new ERP system – giving you more clarity and accurate data to make informed business decisions, give our team of experts at Thrive a call today. We are the construction industry experts. We Listen. We Understand. We Find Solutions.
1300 868 474