MYOB's mission for over 30 years has been to empower mid-sized businesses in Australia and New Zealand to not just survive, but thrive. Avanza Solutions, a MYOB partner, shares the same passion and brings you this update on MYOB Advanced.
2023: A Year of Innovation
The 2023 release of MYOB Advanced was a milestone year, delivering over 750 new features and enhancements. With more than 2,000 companies now using MYOB Advanced, it's clear this platform is helping businesses scale and succeed.
Here are some of 2023's highlights:
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Improved User Experience: Side panels with a dashboard view provide easier access to linked information, and Single Sign-On enhances platform security for advanced manufacturing users.
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Enhanced Quality Control: MYOB's Quality Management module helps manage workflows, testing standards, and material quarantine, giving you greater control over quality issues.
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Streamlined Engineering: An interactive engineering workbench simplifies creating, reviewing, and modifying complex build structures.
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Mobile Project Tracking: Construction teams can capture project activities and track progress with progress worksheets directly on mobile devices, eliminating the need for paper notes.
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Faster Payroll Processing: Advanced payroll features allow for easier mass payments, flexible timesheet importing, and faster review processes. Employee self-service tools further reduce workload for payroll teams.
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Robust Compliance Management: Enhanced payroll logic ensures accurate overtime and holiday pay calculations. Award alerts within the rostering system prevent compliance issues before they occur. MYOB's geofencing functionality combats attendance fraud by alerting managers of clock events from unexpected locations.
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Expanding Ecosystem: The MYOB app marketplace has tripled in size, offering over 150 applications to extend the functionality of MYOB Advanced.
Looking Ahead: 2024 Roadmap
The 2024 MYOB Advanced roadmap is designed to help businesses not only survive but thrive in today's competitive environment. Key areas of focus include:
- Improved Productivity: New features will streamline workflows and save valuable time.
- Enhanced Security: Regular updates will ensure the platform remains secure and future-proof.
- Advanced Payroll and Workforce Management: Exciting new features are planned for later this year.
MYOB has released some great Stand Out Features as part of the Spring Release for MYOB Advanced. Each of these features will be covered under the relevant blogs below and include:
- Delegation and Reassignment of Approvals
- Field Service Performance Improvements
- Generation of Batches on the Prepare Payments Form
- Sales Orders Based on the Mixed Order Automation Behaviour
- New Pre-Defined Sales and Purchase User Roles
- Deallocation of Unused Materials for Production Orders
- Manufacturing Side Panels for Data Entry Forms
- Archiving Old Sales Order and Shipment Documents
- View the User Inactivity Timeout
- Migration Mode for Pro Forma Invoices in Projects
- Improved Reports and Inquiries for Project and Construction
- Enhancements to Business Events Triggered by Action
- New Subscriber for Business Events
Product Blogs
- MYOB Advanced Finance Updates
- MYOB Advanced CRM Updates
- MYOB Advanced Commerce Updates
- Inventory and Order Management
- MYOB Advanced Manufacturing Updates
- Construction and Projects Updates
- Platform and System Administration
Access the full release notes.
