Business management software provider MYOB has purchased several third-party applications to add to its MYOB Greentree product, delivering customers enhanced product functionality. “MYOB has software solutions for small businesses to larger enterprises,” MYOB enterprise solutions general manager Carolyn Luey says. “We now have a range of cloud accounting, payroll, enterprise resource planning, and business management solutions that match the unique needs of businesses of all sizes.” MYOB acquired enterprise resource planning (ERP) software business Greentree in August 2016 for $28.5 million.
Greentree delivers ERP solutions to more than 850 larger sized businesses across New Zealand, Australia, UK and US and has been fully integrated into the family of MYOB products. To complement the Greentree product, MYOB has purchased several modules from software developer KVK IP that are designed to speed up and enhance workflow, reporting and information management tasks.
By taking ownership of the modules, MYOB will be able to use its research and development resources to develop the technology even further. Luey says the investment is about making smart use of technology to help businesses succeed. “The acquisition of this technology demonstrates MYOB’s commitment to the Greentree platform,” she says.
“It complements our extensive product suite across small to large businesses and gives our customers more tools to help them manage their operations.”
“Our goal is to help more New Zealand businesses expand and develop. MYOB is uniquely placed to work alongside businesses at every stage of their growth cycle,” says Luey.
The new modules include: