MYOB strengthens its management toolbox with two new acquisitions

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MYOB announced on Wednesday that it had acquired both Tall Emu and Nimbus Portal Solutions, saying it is now a “leading enterprise management platform.”

MYOB said the acquisition of Australian software solution Tall Emu would mean that “the company’s mission to help SMEs realize their full business potential is a step further”.

Tall Menu offers end-to-end business operations management, including the ability to view and track multiple sales streams such as marketing and lead management, quotes and selling, online payment, backorders, fulfillment, delivery and after-sales services.

“As a product specifically designed for SMBs, we’re excited about the potential of Tall Emu’s software to help our customers save time, improve efficiency and increase revenue – by delivering technology that may previously have seemed out of the ordinary. scope or expensive. prohibitive,” said Emma Fawcett, Managing Director of MYOB SME.

Although MYOB has stated that there will be no immediate changes to Tall Emu’s day-to-day business operations after the acquisition, there are plans to make a “significant” investment in Tall Emu’s R&D to “explore improvements products and features and the longer-term integration of MYOB Opportunities”.

Meanwhile, MYOB sees the addition of Nimbus Portal Solutions, a cloud-based document management solution, as an opportunity to expand its suite of cloud solutions for accountants and law firms.

“We know how important it is for our accounting and law firm customers to have solutions that help their teams collaborate effectively in distributed work environments, improve customer engagement, and meet storage compliance obligations. documents – Nimbus ticked all of these boxes in spades,” said MYOB Chief Financial Officer Caroline Rawlinson.

“We are delighted to invest in a team that has strong experience and expertise in the Australian and New Zealand market and shares a passion for improving performance results for accountants and firms.”

Through acquisitions, MYOB will see 16 roles come from Tall Emu and six roles from Nimbus.

Last April, MYOB received the green light from the Australian Competition and Consumer Commission to acquire GreatSoft.

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