What Sized Businesses Benefit The Most From MYOB Advanced?

What Sized Businesses Benefit MYOB Advanced

MYOB Advanced has been transforming the way bigger businesses work. It is an efficient and flexible cloud-based ERP system that takes the administration of medium to large business to a much higher and more efficient level. 

It is a fully integrated and highly adaptable cloud business management system that covers the entire business operations. It tracks and manages every department and every aspect of your operations from admin to the warehouse and basically anything and everything you need to run a smooth operation.

MYOB Advanced is packed with features and benefits that are suitable for medium to large businesses that will benefit from MYOB Advanced’s modular, integrated ERP platform with the following core functional suites:

Financial Management And Payroll

This allows business owners and managers to manage the company’s finances more efficiently. It offers tools and features that include:

  • General Ledger
  • Single Touch Payroll
  • Superannuation and Leave
  • Intercompany Accounting
  • Business Activity Statements
  • Goods and Services Tax
  • Management Reporting
  • Fixed Assets
  • Analytics and much more

What Sized Businesses Benefit MYOB Advanced

Customer Relationship Management

This tool allows business owners and managers to manage customer relations more effectively. It allows you to:

  • Discover new opportunities
  • Nurture customer relationships
  • Close sales and business deals with the help of a suite of tools that will manage your pipelines and marketing.
  • Automate customer support
  • Analyse and report on customers.

Wholesale Distribution

This will simplify the process of managing the complexities of delivering accurately on time using integrated tools in the system to improve your: 

  • purchasing system
  • stock turnover
  • order fulfilment, and 
  • logistics.


This feature helps you manage production workflows seamlessly in alignment with your finance and distribution modules, including:

  • Bill of materials
  • Routing
  • Material Requirement Planning
  • Scheduling
  • Configure-to-Order Manufacturing
  • Engineering Change Control
  • Quality Management

Project Accounting

This feature provides full project management support and ensures that your project data is accurately recorded and included in the company-wide financial reports. This includes:

  • Project-specific budgeting
  • Inventory
  • Timesheets
  • Billing
  • Profitability, and
  • Reporting

Business Intelligence And Reporting

This feature gives business owners and high-level management the ability to design standard reports and view aggregated data through simple and easy to understand dashboards. It is a straightforward integration of more advanced Business Intelligence and reporting tools.

What Sized Businesses Benefit MYOB Advanced

Field Services

This will allow you to manage your field services team with an all in one solution for field service management. 

  • Create service tickets 
  • Assign technical staff to certain service jobs 
  • Schedule your resources
  • Invoice spare parts
  • Use service maps to track and then optimise routes for your technical team.
  • Get a consolidated view of your customer’s service requirements and their history.
  • Check preventative maintenance and warranty schedules.

All this is available and accessible via any mobile device so busy decision-makers can keep track of the business while on the go.

If your business has grown significantly over the years and you have outgrown your “off the shelf” accounting system, MYOB Advanced is the tool for you. 

Features And Benefits

  • Easy and simple to use accounting, cash flow reporting, multi-currency management and GST
  • Keep track of deliveries, orders, backorders and special pricing promotions
  • Keep control of your stock levels and costs across multiple warehouses
  • Customisable dashboards and real-time reporting
  • Manage your profit margins accurately with easy and simple tracking of supplier purchase orders, price lists and landed costs
  • Manage your sales pipeline of prospects, customers and contacts with ease
  • Simple yet powerful customer management
  • Easily manage quotes, sales orders, and purchasing
  • Reduce admin by giving your customers online access to the viewing of their account details, invoices and statements 
  • Easy sharing of documents and knowledge bases
  • Best-in-class security
  • It can be extended to suit your business needs
  • Straightforward monthly pricing plans that deliver better value

Providing smart software solutions for bigger businesses has never been this easy. Find out how we can save you time, money, and energy while boosting your efficiencies at the same time. Reduce admin, increase visibility over multiple locations and scale your business with MYOB Advanced today!

Do you have specific requirements in running your business? If you have any questions or concerns, and if you are unsure if MYOB Advanced is the right fit for your business, talk to our MYOB Consultants at STRATUS CONSULTING GROUP.

Let us help you get set up with the best business solution the market has to offer and show you how to run and manage your business efficiently, anytime, anywhere. We help businesses just like yours grow and thrive especially during this COVID-19 crisis.

We are accredited and experienced MYOB Australia/NZ Enterprise Partners with a dedicated team of business, accounting and IT Consultants who are passionate about helping Australian businesses grow. We are dedicated to MYOB, and we are dedicated to you.

Call us today on 1300 499 000 or fill out our inquiry form and we will get back to you within 24 hours.


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