Are you getting the best possible view of your data?See the full picture of your company's data
MYOB Exo is a sophisticated on-premise ERP system that fully integrates your financial and business management data. The software has been deployed in over 3000 mid-tier organisations across Australia and New Zealand, and they have benefitted from the typically lower cost to implement compared to other mid-market ERP packages. However, as your business continues to grow, the sheer amount of data creates a lack of visibility as data becomes hidden within the depths of your system.
The good and bad of such detailed data
As a sophisticated ERP solution, MYOB Exo captures a wide range of data from within your company. This is part of what has made it so successful over the past decade – being able to integrate with many external systems and collate your data centrally.
However, as your business (pushed forwards by the increase in efficiency from your MYOB Exo system) continues to grow, this data can become less simple to access. You must run through and review reports to see the important details. This can take up valuable time.
MYOB Advanced is a powerful mid-market ERP system, based in the cloud as a fully hosted SaaS solution. The first thing that you will see upon signing into MYOB Advanced is the dashboard page. This page summarises all your relevant data and displays it in an easy to comprehend visual array. These dashboards can be customised based on your specific role, so that you are only seeing the data that you really need.
As a step forwards from the dashboards, you are able to drill-through your system quickly and easily to find more detailed information. Using inquiry screens, you can quickly and easily display outstanding invoices – as an example in an Accounts Receivables setting – and the system will automatically highlight those specific invoices that are overdue. These inquiry screens can then allow you to look directly at the customer records for those invoices, and a consistent conditional formatting highlights all of their currently overdue invoices. Through these inquiry screens you can then drill down to see the customer information for each specific invoice, and even all of the transactions specific to that customer.
Therefore, when working with larger amounts of data MYOB Advanced can become your singular focal point for visualising and analysing your company. As a second example, in the AP detail inquiry, you can see all records of all of your outstanding Accounts Payable invoices, with specific key fields pre-selected based on your needs. This can then be pivoted within MYOB Advanced so that you can easily recognise what is upcoming and forecast your payments for the future.