MYOB Advanced is a popular system that many businesses use these days to help them manage their finances and inventory through the cloud. One of the reasons it is so popular is because of its cost-effective nature. While there are set up costs and ongoing fees, over the long term a business will end up saving money because the system is effective and it makes the process of business finances easier to deal with.
If you are currently using MYOB Advanced, then you probably already know this, and just how helpful it is for your business. But something that not that many people know about is the amount of add-ons that are available with MYOB Advanced that make the system even more effective and easy to use.
So, have a read on below at some of the most popular add-ons you can try with MYOB Advanced:
If you are a project based company, like one involved in the construction and building industry, then you should definitely look into the MYOB Advanced add-on of WorkBench. This add-on helps specifically when it comes to advanced job costing systems. This add-on has been around for a while and it is actually widely used by many who already have MYOB Advanced.
Also, if you run a particularly large business you also have the ability to add additional functionality, like document control, costing and estimating, expense claims, plant management, which are all things that make business financing much easier. Every single transaction that is inputted through this add-on will also update through the MYOB financial ledgers themselves.
The name probably gives this add-on away here. EzyCollect has the ability to help make the management of collecting debts a lot easier and more efficient. If you have ever run a business before, you probably already know just how difficult and time consuming it is to collect overdue invoices. Sometimes people/companies will do and say anything to postpone having to pay.
So, instead of having to do all the hard work yourself, all you really need to do is set up this add-on, which takes about 30 minutes, sync it with your account, and it will automate different accounts receivable functions. This add-on is all about automating the processes and you can even schedule EzyCollect to send constant reminders to your debtors, meaning you don’t have to do it yourself.
If you have a sales team and you think that they could be performing at a higher level, then you should certainly consider Opmetrix as a MYOB Advanced add on. This add-on will help the sales team streamline their workflow, as well as assist in better communication.
When it comes to sales, data is critical and Opmetrix helps to optimise data collection so your sales team can make more effective decisions. Also, if you like to promote a little friendly competition, this add-on can help managers see what’s going on and who is doing what.
If you have a lot of inventory, you would already know just how difficult it is to keep on top of it all. Some items you may not have enough of, and others you may have too much of. Well, this issues may very well be a thing of the past with the assistance of MYOB Advanced add-on NetStock.
With NetStock it helps you more effectively manage your inventory so you have less situations where you run out of stock or have too much inventory. It streamlines the ordering process, so you can get the items you need faster, and it helps you better keep track of your inventory levels, so you know when it’s time to re-stock.