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MYOB Exo to MYOB Acumatica
7 min read

Cloud ERP Isn’t Optional Anymore – What MYOB Exo Users Need to Know

Cloud ERP Isn’t Optional Anymore – What MYOB Exo Users Need to Know
5:03

Still on MYOB Exo? Here’s Why It Might Be Holding You Back

The business world is moving fast—and your ERP needs to keep up. MYOB Exo was ahead of its time in the early 2000s, but today’s growing businesses demand flexibility, mobility, and integration that only cloud ERP can offer.

8 Key Differences Between MYOB Exo and MYOB Acumatica

Here are 8 key differences between MYOB Exo and MYOB Acumatica to consider:

  1. On-Premise vs Cloud – Exo is hosted on your servers, meaning your IT team is responsible for hardware, software updates, backups, and physical security. Access offsite requires VPNs or remote desktop solutions, making remote work less flexible and introducing potential bottlenecks or risks. By comparison, MYOB Acumatica is accessed from anywhere via browser—securely and in real time. There’s no infrastructure to maintain or patch; simply log in from any location with internet access. Whether your workforce is on the road, working from home, or spread across multiple offices, MYOB Acumatica’s cloud-native environment ensures everyone has secure, instant access to business-critical information and tools. This architecture not only reduces IT overhead but empowers your team to be more mobile, connected, and resilient as business needs change.

  2. License Model – MYOB Exo requires upfront license purchase plus annual maintenance and support fees, often resulting in significant capital outlay at the start and ongoing costs each year. If your business grows or you need additional functionality, scaling up means negotiating more licenses and incurring further expenses, which can make budgeting unpredictable and restrict agility as needs change.

    MYOB Acumatica uses a pay-as-you-go model, offering transparent subscription pricing based on your edition and actual user requirements. This means you only pay for what you need, when you need it—making it simple to scale up, add new users, or enable extra modules as your organisation evolves. Flexible billing ensures predictability in your IT spend while reducing the risk of overinvesting. This subscription approach provides not just financial flexibility, but also the freedom to adapt your ERP as your business priorities shift.

  3. Customisation vs Configuration – MYOB Exo offers flexibility but requires technical effort. Tailoring processes, reports, or integrations in MYOB Exo often demands external development, custom scripting, or specialist consultants, which can increase costs and timeframes for business improvement. As the system grows more complex, ongoing maintenance and upgrades can require additional resourcing and planning, putting extra pressure on your IT team.

    MYOB Acumatica is more agile with built-in workflows and APIs. You gain the freedom to configure processes, dashboards, and automation rules using intuitive point-and-click tools—without coding or heavy technical intervention. Rapid configuration means you can adapt to changes in operations, introduce new approval flows, or integrate with third-party applications quickly. For businesses that require deeper integrations or advanced workflows, MYOB Acumatica’s robust APIs and developer toolkit make customisation straightforward, secure, and scalable. This agility empowers both business and IT teams to innovate continuously, driving greater value from your ERP investment without the usual complexity.

  4. Separation of Duties – MYOB Acumatica supports advanced user role management, approvals, and audit trails by design. With granular permissions, you can define exactly who can access, modify, or approve each type of data, process, or transaction in your system—ensuring critical controls are in place from day one. Flexible approval workflows enable automated routing of tasks or invoices to the right person at the right time, reducing bottlenecks and lowering the risk of errors or unauthorised changes.

    Built-in audit trails provide transparent tracking of every action within the system, delivering complete traceability for compliance, internal reviews, and operational peace of mind. This robust separation of duties isn’t just a compliance advantage; it also empowers finance teams, IT administrators, and business leaders to enforce best practices, support productivity, and protect sensitive information—without adding unnecessary complexity to daily operations. MYOB Acumatica’s approach makes it simple to scale your governance as your organisation grows, with confidence that every action is securely managed and recorded.

  5. Multi-Company Support – MYOB Acumatica seamlessly handles multiple entities and consolidations; MYOB Exo requires more workarounds. MYOB Acumatica is designed for organisations with complex structures, providing the ability to create, manage, and report on multiple legal entities, subsidiaries, or business units within a single unified platform. Each entity can maintain its own chart of accounts, currencies, tax regimes, and compliance settings, while enabling effortless intercompany transactions and automated eliminations. Consolidated reporting delivers accurate group-level financials in real time, supporting both management and statutory requirements.

    In contrast, Exo users often face limited multi-company capabilities, needing to rely on additional modules, manual processes, or external reporting tools to achieve true group visibility. This can introduce unnecessary complexity, increase reconciliation efforts, and slow down decision-making for growing enterprises. With MYOB Acumatica, businesses gain streamlined entity management, robust internal controls, and the agility to expand or restructure as opportunities arise—without the compromises or complications of legacy workarounds.

  6. Upgrades & Integration – MYOB Exo upgrades can be complex; MYOB Acumatica’s SaaS model means you’re always on the latest version. With MYOB Exo, upgrading to new versions may involve lengthy planning cycles, manual deployments, downtime, and the risk of disrupting your customisations, integrations, or critical processes. IT teams often need to allocate additional resources for testing, troubleshooting, and post-upgrade adjustments—potentially delaying access to new features or compliance changes.

    By contrast, MYOB Acumatica’s cloud-based platform delivers seamless, automated updates. Users benefit instantly from new functionality, enhanced security, and system improvements with minimal disruption. Integrations are also far more straightforward. MYOB Acumatica supports modern REST and SOAP APIs, a growing ecosystem of native connectors, and marketplace solutions for popular platforms, ensuring your ERP stays connected and futureproof. The result: less time spent on maintaining your environment, and more time focused on driving business value and innovation.

  7. Internet Dependency – MYOB Acumatica needs a stable internet connection; MYOB Exo can run locally. Because MYOB Acumatica is a cloud-first ERP, your business benefits from browser-based access to critical information, workflows, and reports from any location with connectivity—enabling true remote work and collaboration without geographic barriers. This model is ideal for modern, mobile-first organisations that prioritise agility, distributed teams, or real-time oversight.

    However, this also means MYOB Acumatica relies on consistent, reliable internet access. In the event of an outage or service disruption, users can’t access the platform until connectivity is restored. By contrast, MYOB Exo’s on-premise architecture gives you the option to operate entirely within your local infrastructure, so core business processes can continue—albeit without the advantages of cloud mobility—if you’re working in locations with limited connectivity. When choosing your ERP, it’s important to weigh the benefits of anywhere-access and automation against operational requirements for offline resilience, ensuring your system matches your business continuity needs and technology environment.

  8. Future Readiness – MYOB Exo is a mature product nearing plateau. MYOB Acumatica is part of the world’s fastest-growing cloud ERP platform. MYOB Exo’s legacy architecture signals limited innovation ahead, with most enhancements focused on maintaining the status quo rather than equipping your business for what’s next. As digital demands accelerate, relying on a product with slower development cycles can put your organisation a step behind—especially as emerging technologies, compliance changes, and new business models reshape industry standards.

    MYOB Acumatica, meanwhile, is future-oriented by design. It benefits from continuous investment and a robust global developer community driving rapid enhancements, new integrations, and security improvements. Powered by modern cloud architecture, MYOB Acumatica quickly adapts to evolving needs—from data analytics and AI-powered automation to regulatory shifts and connectivity with tomorrow’s platforms. Choosing Acumatica means your ERP grows in capability as your business matures, ensuring you remain not just current, but ahead of the curve—ready for opportunities as they emerge.

Thinking about moving beyond MYOB Exo? Now is the moment to see how MYOB Acumatica can position your business for sustained growth over the coming decade. MYOB Acumatica is built for businesses with an eye on progress. Organisations planning ahead can take advantage of cutting-edge innovations now—and rely on a platform engineered to expand, adapt, and thrive as new technologies and regulatory demands emerge. With consistent investment in product advancement, MYOB Acumatica evolves in step with your needs, delivering the agility, transparency, and advanced functionality your team requires to succeed—both now and in the future.

Ready to explore what’s possible? Contact our team for a tailored demo or pricing. We’re here to help you align MYOB Acumatica with your specific goals, answer questions unique to your industry, and shape a smooth, future-ready ERP transition plan.

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Wayne Potgieter
Wayne is an action-oriented Sales Manager with a proven track record of managing new business development to drive growth and ensuring that Verde customers are looked after. Prior to joining Verde, Wayne worked within strategic business development and customer management roles at several international companies.

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