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Price of MYOB Advanced in Australia: How much does MYOB Advanced cost?

Since Inecom helped MYOB launch MYOB Advanced back in 2015, the price of the cloud solution has increased by 5% only. MYOB Advanced, since its launch, has become one of the most competitive ERP systems in the Australian Mid-Market. 

The pricing of MYOB Advanced in Australia is positioned in the industry in a way in which it strategically beats most solutions on costs and still provides the user with all functionalities that a small to medium business may require. 

What is MYOB Advanced?

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So, what is MYOB Advanced? MYOB Advanced is a Cloud based Enterprise Resource Planning System for small-to-medium businesses. The solution is developed by the award winning Acumatica solution. The solution was initially developed by the development team in Auckland, New Zealand in 2014. Amazon Web Services (AWS) are the proud local hosting provider for MYOB Advanced. 

Since its launch, the solution has been a great success for SMEs because it solves challenges of a growing business. If you fall into one of the categories below, MYOB Advanced can help your business streamline your processes and help you grow. 

  • Growing businesses which have outgrown their current financial or accounting systems and are looking to implement a more integrated, streamlined and functional solution. Many of our clients which have moved to MYOB Advanced came from basic accounting software such as Xero or Quickbooks. 
  • Businesses in need of a solution which can be accessed anytime, anywhere. With it's ability to be in the Cloud, MYOB advanced is perfect for businesses whose staff is working rometely, offline, or in multiple locations such the retail stores and their warehouses. 
  • Growing businesses with multiple brands or companies will also require a consolidated solution to avoid data duplication. Some of our customers such as Woolcock Group especially found this ability helpful. 

MYOB Advanced Pricing in Australia explained: What does it include and how much is it?

The pricing of MYOB Advanced is structured on a per-user, per-month basis. Each MYOB Advanced license cost starts from $104 per user, per month. As an example if you were to get 5 users it will cost you $520 per month or $6240 per year in total.


*This is only an example, for actual MYOB Advanced Pricing keep reading or get a personalised quote from us.

*This price is valid as of November 1, 2019. 

There are three different additons of MYOB Advanced with different pricing and functionalities. Depending on which plan you go for (shown above), you will get difference functionality and different pricing. MYOB Advanced can also be customised with the help of API or Integrations. 

Are there additional maintenance costs for MYOB Advanced?

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The good news with MYOB Advanced is because it is hosted in the cloud in a secure data centre which is maintained and monitored by MYOB, there are no additional on-premise hosting charges for you. You also don't need an IT team to maintain it internally. 

MYOB Advanced pricing structure is very complementing to businesses. This means that you can add as many users as you need when you are growing, or scale down as you need and you only have to pay for what you use. 

Conclusion

In conclusion, MYOB Advanced is an ERP system which is built to compliment SMBs and their needs. Especially for businesses which have outgrown their current accounting systems. 

The competetive pricing of MYOB Advanced in Australia makes it a very attractive solution for many mid-market businesses and it's flexibility to integrate with third party tools to suit your specific needs ads to its 'wow' factor. 

It comes with various business management applications such as FinancialsProject Accounting, and Inventory Management to CRM

With a subscription type price plan set per user, per month, MYOB Advanced gives you all the functionalities of an ERP system and gives you the freedom to have it fully managed and maintained elsewhere. 

Want to learn more about MYOB Advanced? You can either contact us and one of our team members will be with you straight away or you can book a free assessment with us and we will come out to you and showcase a demo. 

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