MYOB AccountRight NZ media release 7 April 2010

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MYOB AccountRight NZ media release 7 April 2010 Powered By Docstoc
					7 April 2010


MYOB is giving Kiwi business owners more information, more control and greater
functionality with the latest release of its most popular business solutions, MYOB

The AccountRight range of accounting solutions builds on the functionality of MYOB‟s
market-leading accounting software series (previously known as Accounting, Accounting
Plus, Premier and Premier Enterprise) – used by over 1 million businesses and accounting
firms in Australia and New Zealand – to provide a wide range of new features, including a
graphical dashboard of crucial business data that will give business owners a snapshot of
their business performance.

MYOB New Zealand general manager Julian Smith says the AccountRight range has been
developed with a focus on providing business owners and managers with the information
they need to make vital decisions, improve efficiency and build success.

“We‟ve taken a fresh look at what businesses need and have further enhanced the
AccountRight range with a host of new features,” explains Julian Smith. “With AccountRight
people can see the performance of their business at a glance – including their cash position
and outstanding debts. So business owners can take immediate action to improve their

“As business owners look to take advantages of the opportunities in an improving economy,
grow in size or even take on new markets, we wanted to provide them with the ideal
platform for success.”

“The AccountRight range, which comes with a fresh new look and updated interface, marks
the first stage of a major evolution in MYOB‟s family of business solutions,” says Julian

“This release marks a new direction for our most popular products,” says Mr Smith. “Over
the next three years, MYOB will invest around NZ$90 million in product development, to
bring a new generation of software and services to Kiwi and Aussie businesses and

“These solutions, which will take advantage of the latest technology, offer more choice for
business owners in how and where they work, whether it‟s from their desktop or an online
environment. They will allow business owners to work more closely with their trusted
advisors – accountants, banks and partners. And they will be designed to allow businesses
to get the support they need as they grow or develop.”

“One thing that won‟t change is our commitment to robust and reliable development, that‟s
backed by the expertise that comes with over two decades of creating products and
services specifically for the local market. We‟re about making business life easier for our

Highlights of the AccountRight release for 2010 include:

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      Business Insights – a dashboard display of key business information covering four
       vital areas of performance: cash position, cash analysis, outstanding debts and bills
      Improved workflows – new „actions‟ to complete common tasks quickly and
       efficiently, including bank reconciliations and cards.
      Access to online services – introducing Google Maps integration, to find
       customers and suppliers with a single click
      Easier updates and more support options – including an automatic software
       update service and fast access to the range of MYOB support options.

The AccountRight range provides options for many types of businesses, with each level of
the product range offering added functionality. AccountRight Standard makes light work of
managing stock, and processing accounting. AccountRight Plus includes payroll and time
billing, while AccountRight Premier also adds multi-user access and multi-currency support
and AccountRight Enterprise completes the range with additional advanced inventory and
support for terminal services.

Julian Smith says the release of the AccountRight range is just one of a number of new
initiatives and product developments businesses and accountants can expect to see from
the country‟s leading accounting software provider.

“We‟ll be giving local businesses more support, more choice and more ways to make
business life easier in the coming months,” says Mr Smith.

AccountRight is available for purchase directly from MYOB or from selected
retailers and MYOB Approved Partners nationally from Monday 12 April 2010. For
more information and FREE product test drives, visit

                                            - ENDS -

For further information please contact:

Julian Smith                                      Gerard Blank
General Manager                                   The Agency Communications Limited
MYOB New Zealand                                  Tel: 03 341 5841
Tel: 021 773 344                                  Mob: 0275 243 629

About MYOB
MYOB is a leading provider of business management solutions to more than a million
businesses in Australia and New Zealand. MYOB helps businesses of all kinds and sizes,
delivering software and services that simplify accounting, payroll, client management,
websites, and much more. With a network of more than 25,000 accountants and other
professional partners, MYOB provides the tools and support that help make business life
easier. For more information visit the MYOB website at

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