The cost of living crisis is impacting everyone, and it’s particularly tough for SMEs. Discover what you can do to set your business up for future success. This post originally appeared on MYOB Pulse ..read more

Data at rest encryption is an important security measure for your business. Learn what it is, and how to use it so your business is better protected. This post originally appeared on MYOB Pulse ..read more

MYOB Acumatica named five-time finalist at The SaaS Awards MYOB Acumatica has been named a finalist in The 2024 SaaS Awards program in five categories, including “Best SaaS Product for Business Management” and “Best SaaS Product for Business Accounting or Finance”. A long-established awards program now spanning 56 categories, The SaaS Awards recognises cutting edge innovations and applications of software-as-a-service solutions across a broad range of use cases and sectors. The program received entries from organisations of varying sizes worldwide, including North America, Canada, across Europ ..read more

The growth strategies that help skyrocket sales for startups For many startups, the first few years in business are tough. After just 2 years of operating, 20% of companies fail, and that figure jumps to almost half in the next 3 years. Rather than focusing on those who don’t make it, though, entrepreneurs should instead be paying attention to those who do. In particular, what are they doing to thrive in the face of failure?  A sign of a solid business is consistent sales from the get-go. If you can increase your revenue year-on-year and see a constant flow of customers, your business is ..read more

Tech transformation for manufacturers Streamlining, data access, cost control and other business management benefits for manufacturers. Manufacturing is all about balance. Balancing the incoming supply of materials and parts, production, and storage of goods with outgoing orders and shipping is a constant challenge, particularly in a tough market where competition is fierce, and margins are slim. Too many manufacturers are still using older software systems to manage their staff, workflow, and inventory. This can mean: Slower processes Problems balancing supply and demand Wasted time and mate ..read more

Key ways to make the next EOFY less taxing As the end of the financial year (EOFY) period starts to wind down and a new financial year gets underway, it’s natural for business owners and their teams to feel a little overwhelmed, especially if it’s your first year in business. After all, it’s been an extremely busy, stressful time and you’re probably wondering how you can eliminate some of the frantic nature of EOFY when it rolls around again in 12 months’ time. But fear not! With the right strategies in place, you can already start planning for the next EOFY with ease and confidence. We break ..read more

Six new financial year resolutions for retailers As we move into the new financial year, now is the perfect time to shake up your routines and inject new energy into your business. While personal new year resolutions could involve gym memberships or learning guitar, business resolutions for the new fiscal year might include upgrading your technology or taking a fresh approach to financial management. Here are six ways to set yourself up for success in FY24/25. 1. Get everything online The biggest game-changer for the new financial year? Moving all your operations online. With cloud system ..read more

Season 2, Episode 6: Driving Organic Growth Welcome to the latest edition of Fiscal Therapy, the podcast where leaders in accounting share their secrets to success. In this latest episode, we’re thrilled to have Chris Simmons, the Director and CEO of MJC Partners, a top 100 accounting firm. Chris is a recognised thought leader in business development, corporate governance, and organic growth strategy. He’s renowned for reshaping and rejuvenating businesses, and today, he shares the incredible journey of MJC Partners and how they’ve managed to triple their business through organic growth. Embr ..read more

Top tips to minimise headaches for your accountant this tax season Tax season is upon us. While it may seem daunting, there are innovative ways to make life easier for both you and your accountant — something they’ll love you for! Kyelie Baxter, Managing Director of IQ Accountants, joined me to explore five ways to streamline your EOFY process and make life easier for everyone involved. 1. Be prepared for tax time The main way you can aid your accountant this tax season is to be as prepared as possible and start working on your documents as soon as possible. “Preparation means finalising ..read more

MYOB Partner Webinar – Tax Update At MYOB, we’re committed to supporting our Partners and their clients with our comprehensive suite of tax solutions and valuable resources. Our recent webinar, MYOB Tax Updates 2024 provided an in-depth look at the key changes and new features in MYOB software to help you navigate tax season with ease. Host Jody Sitters, MYOB Community Relations Manager – Accountants, along with the MYOB Team, take Partners through the latest tax updates, ensuring you’re fully informed. The team is also joined by Joyce Ong and Lisa Greig – Tax Nuggets Academy, discussing the A ..read more