Zenith PaymentsCrucial to the success of Zenith Payments, MYOB Advanced has seamlessly managed the high volume and robust reporting requirements
When they integrated new customer login portals to their online platform, Zenith Payments realised they would need a more sophisticated ERP solution to properly interface with them. MYOB Advanced has saved countless hours of manual data entry, and given faster and more reliable reporting, driving their rapid growth.
Who are Zenith Payments?
A financial technology company, Zenith Payments process hundreds of thousands of transactions a month for their payments and pre-paid cards businesses. They value, high energy, innovation, and integrity in their work and with their partners.
What catalysed the switch to MYOB Advanced?
A new online client portal was unable to correctly interface with their current software option. This led to a large amount of manual data entry, which hindered the company’s growth and overwhelmed the finance team. Without real-time financial reporting, the team was unable to gain insight with either speed or detail. MYOB Advanced is also highly customisable, allowing the implementation of many Add-Ons to create a bespoke ERP solution for Zenith Payments.
What changes followed the decision?
Since implementing MYOB Advanced, Zenith Payments have been able to easily manage over 140000 transactions per month, factoring in different payment methods, pricing profiles, channels, and revenue types. They can identify trends as they are happening allowing quick responses and proactive strategies.
How are they now?
The new style of reporting has allowed the development and implementation of additional expansionary strategies, and a focus on Business Process Improvement. The Business Development Managers can give customers more detail about their businesses, and the Finance department is able to work more efficiently, even with a relatively small team. They have seen significant, continued growth, and are looking to continue utilising MYOB Advanced as efficiently and accurately as they can.
To learn more about the journey of Zenith Payments and how MYOB Advanced met their individual business needs, read the full case study below.