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MYOB Advanced innovates with industry-specific ERP

Is a niche ERP system what your business needs? Find out more about the development of industry-specific editions of MYOB Advanced.

Among the expected trends in ERP technology (Enterprise Resource Planning) this year, the development and increased adoption of niche ERP is gaining momentum. But first, what exactly are niche ERPs? Niche ERPs are often called industry-specific ERP or vertical SaaS (Software as a Service) solutions – specialized systems that are tailored to address the needs of a specific sector.

Nowadays, a one-size-fits-all ERP solution may not be enough for some businesses. Each industry faces its own set of challenges which is why industry-specific ERP software is designed with an understanding of these complexities along with solutions that also keep up with the compliance and regulation standards of the sector.

Developments such as the migration to the cloud, adoption of API (Application Programming Interface) and the SaaS model have led to the innovation of niche ERPs. An Acumatica article by Sean Atkins, president and founder of ACC Software Solutions, delves into this ERP evolution. Here he shares, “These developments made it possible for businesses to affordably invest in highly specialized, and sometimes industry-specific, applications that flexibly integrate.”

As the leading business management platform in Australia, MYOB is ahead of the curve and has released two special-edition ERP software – MYOB Advanced Manufacturing Edition and MYOB Advanced Construction Edition. These two versions hold all the functionalities of MYOB Advanced along with fresh innovations customised for the demands of the manufacturing and construction industry.

MYOB Advanced Manufacturing Edition

The MYOB Advanced Manufacturing Edition integrates manufacturing, production and resource management, and sales and finance into one system. It is an end-to-end solution that provides real-time visibility and increased efficiency for the entire process, from keeping inventory of materials to tracking and calculating costs.

With the MYOB Advanced Manufacturing Edition, you can:

  • Streamline your business
  • Improve cost tracking
  • Balance supply and demand
  • Insight-driven decision making

MYOB Advanced Construction Edition

The MYOB Advanced Construction Edition was designed to give users complete control over their construction projects and connect with their teams, equipping them with the insights needed to make informed decisions that will ensure that their projects are on time and budget.

With the MYOB Advanced Construction Edition, you can:

  • Reduce project complexity

  • Complete project visibility

  • Forecast future projects

  • Increase collaboration

Are you a manufacturing or construction business? If you’d like to know more about the MYOB Manufacturing and Construction Edition, contact the AlphaBiz Team and allow us to assist you.

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