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MYOB

MYOB develops a SaaS-based platform that provides accounting, payroll, tax, CRM and inventory management solutions for businesses. Read more

2,627 Followers on Owler
2,627 Followers on Owler
2,627 Followers on Owler
2,627 Followers on Owler

MYOB

MYOB develops a SaaS-based platform that provides accounting, payroll, tax, CRM and inventory management solutions for businesses. Read more

Greg Ellis's photo - CEO of MYOB

CEO

Greg Ellis

CEO Approval Rating

86/100

Founded:

1991

Status:

PrivateSubsidiary of Kohlberg Kravis Roberts & Co. L.P.

SIC Code:

7373 NAICS listing »

Website:

Est. Annual Revenue
Est. Employees
Sector
Systems Software
SaaS
,
Enterprise Software
,
HR Software
,
Supply Chain Management
Headquarters

MYOB TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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The top 10 competitors in MYOB's competitive set are Reckon Limited, Xero, VersaPay, OnPay Solutions, YayPay, Esker, Inc., Anytime Collect, HighRadius, API Outsourcing. Together they have raised over 2.6B between their estimated 21.4K employees. MYOB's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 174.8M. MYOB has 2,700 employees and is ranked 3rd among it's top 10 competitors. The top 10 competitors average 1,047.

Reckon Limited is perceived as one of MYOB's biggest rivals. Reckon Limited was founded in 1987, and its headquarters is in North Sydney, New South Wales. Reckon Limited competes in the Application Software field. Reckon Limited has 2,400 fewer employees than MYOB.

Xero is one of MYOB's top rivals. Xero is a Public company that was founded in 2006 in Te Aro, Wellington Region. Like MYOB, Xero also works within the Enterprise Software field. Compared to MYOB, Xero has 355 more employees.

VersaPay is MYOB's #3 rival. VersaPay is a Private company that was founded in Toronto, Ontario in 2006. Like MYOB, VersaPay also competes in the Enterprise Software sector. VersaPay has 2,549 fewer employees vs. MYOB.

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Competitor - 1/1

Is OnPay Solutions a competitor of MYOB?

I don't know

Trending News for MYOB and MYOB's Competitors

May 7, 2021

News Break

OnPay, ProVantage Team On Automating AP Processes - News Break

OnPay Solutions, an accounts payable (AP) automation solutions provider, will partner with ProVantage... See more »

May 7, 2021

MarketScreener

Xero : 05/05/2021 - Xero launches pioneering index to deliver insights on the small business economy

(marketscreener.com) MEDIA RELEASE Xero launches pioneering index to deliver insights on the small bu... See more »

MYOB Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Roubler Australia Pty. Ltd.

Oct 2020

Source »
undisclosed
Roubler is a cloud-based workforce management platform that provides payroll, recruitment and employee rostering solutions for businesses.

-

Accountants Practice Management Division, Reckon

Nov 2017

Source »
$180M
-
Paycorp Holdings Pty Ltd

Feb 2017

Source »
$37M
Paycorp is a provider of enterprise payment processing solutions to banks and corporates.
IMS Payroll

Sep 2015

Source »
$6.2M
IMS Payroll develops a software that offers payroll processing solution for businesses in New Zealand.
Ace Payroll Plus Ltd.

May 2015

Source »
$10.1M
Ace Payroll develops an accounting software that provides payroll processing solutions in New Zealand.

These are all the companies that MYOB has acquired. MYOB has acquired 10 companies and its latest acquisition was Roubler Australia Pty. Ltd. in Oct 2020. Roubler is a cloud-based workforce management platform that provides payroll, recruitment and employee rostering solutions for businesses.

MYOB Funding History

Since MYOB was founded in 1991, it has participated in 1 round of funding. In total MYOB has raised $652.0M. MYOB's funding round was on May 2015 for a total of $652.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
May 2015
$652M
-

Total Funding: $652M

Since MYOB was founded in 1991, it has participated in 1 round of funding. In total MYOB has raised $652.0M. MYOB's funding round was on May 2015 for a total of $652.0M

MYOB Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Flare develops a cloud-based HR software that offers employee onboarding and benefits management solutions for businesses.
$16M
Oct 31, 2020
Series C
-

These are all the companies that MYOB has invested in. MYOB has invested 10 companies and its latest investment was Roubler Australia Pty. Ltd. in Oct 2020. Roubler is a cloud-based workforce management platform that provides payroll, recruitment and employee rostering solutions for businesses.

MYOB News

April 16, 2021iTnews

ACCC clears path for MYOB's GreatSoft acquisition

After initial fears buyout could hinder competition.... See more »
April 16, 2021IT Breaking News

ACCC gives MYOB the go-ahead to acquire GreatSoft

The Australian Competition and Consumer Commission (ACCC) has given cloud accounting software firm MY... See more »
April 12, 2021Channel News

MYOB Moves Into Invoice Financing

Accounting software company MYOB is preparing to move into invoice financing, but says it is undeterr... See more »
April 12, 2021Zephyr Net

MYOB and Butn form strategic partnership to benefit businesses

Business management platform MYOB today announced a strategic investment and multi-year partnership w... See more »
April 12, 2021Which-50

MYOB invests in - and partners with - Butn to strengthen its offering

Accounting software business MYOB this morning announced a strategic investment and multi-year partne... See more »
March 1, 2021MarketScreener

adds MYOB accounting software to suite of business solutions

(marketscreener.com) Tuesday 23 February 2021 - Telstra and MYOB have partnered in a bid to make it e... See more »
February 23, 2021IT Wire

Telstra partners with MYOB, adds its accounting software to suite of business solutions

Telstra and MYOB have partnered in "a bid to make it easier for Australian small and medium sized bus... See more »

MYOB Blogs

December 11, 2020MYOB Blog

New MYOB software for mid-market construction businesses

MYOB Advanced Construction Edition is designed specifically to help contractors and builders manage c... See more »
December 9, 2020MYOB Blog

Winners react: 30 Under 30 Accountants Daily awards

Last week, Accountants Daily announced their 30 Under 30 award winners in partnership with MYOB. This... See more »
December 8, 2020MYOB Blog

MYOB product updates for advisors — November

Tax tables for MYOB AccountEdge, MYOB AccountRight for internet browsers and more are on the list of ... See more »
December 4, 2020MYOB Blog

Incorporating IAWO into an asset acquisition strategy

Temporary full expensing under the Instant Asset Write Off (IAWO) has arrived, and that means larger ... See more »
December 1, 2020MYOB Blog

Expert: Australian manufacturing industry is ‘third world’

Professor Göran Roos recently offered a grim picture of the state of Australian manufacturing, but no... See more »
December 1, 2020MYOB Blog

How to take a bigger business online

Building out a new sales and fulfilment channel for a bigger business can be complicated, but there a... See more »
November 30, 2020MYOB Blog

Giving tax-deductible and FBT-free gifts this holiday season

You want to thank your employees and show how much they're appreciated after a long year, so here's h... See more »

MYOB Press Releases

May 8, 2019centralcharts

Myob Group Ltd (MYO.AX) Scheme Implementation Completed

Sydney, Australia (ABN Newswire) - MYOB Group Limited (ASX:MYO) (MYOB or Company) is pleased to annou... See more »
February 12, 2019CENTRALCHARTS

Myob Group Ltd (MYO.AX) Full Year Results - Conference Call Details

Sydney, Australia (ABN Newswire) - As previously announced, MYOB Group Limited (ASX:MYO) (FRA:7MY) in... See more »
January 17, 2019CentralCharts

Myob Group Ltd (MYO.AX) Notice of 2018 Full Year Results - 21 February 2019

MYOB Group Limited (ASX:MYO) intends to release its full year financial results for the twelve months... See more »
December 14, 2018PRZOOM

MYOB Partners with the ai Corporation to Launch World Class Payments Gateway, Providing 1.2m Customers with More Security than Ever

PRZOOM - Newswire (press release) - 2018/12/14, Melbourne, Australia - MYOB, Australia�s leading pr... See more »
November 15, 2018CENTRALCHARTS

Myob Group Ltd (MYO.AX) Confirms Market Leadership for Growth in Online Accounting

MYOB (ASX:MYO) will today host its 2018 Investor Day. A copy of the presentation is attached and will... See more »
August 17, 2018Newswire Today

MYOB Continues Successful Roll Out Of Single Touch Payroll

NewswireToday (newswire) - 2018/08/17 Melbourne, Victoria Australia - Since the mandatory reporting d... See more »
March 9, 2017Blackbird

Australian SMEs Prove Extreme Business Resilience - MYOB Business Monitor

• SME pain points drop over seven year period;• Customer acquisition and late payments causing stress... See more »

MYOB Videos

August 31, 2020MYOB Youtube Channel

"MYOV 2020 - The Highlights Reel" on YOUTUBE

See more »
August 14, 2020MYOB Youtube Channel

"MYOB IT Challenge 2020" on YOUTUBE

See more »
June 22, 2020MYOB Youtube Channel

"Welcome to MYOB" on YOUTUBE

See more »
June 18, 2020MYOB Youtube Channel

"Invoicing features and benefits | MYOB Essentials" on YOUTUBE

See more »
April 27, 2020MYOB Youtube Channel

"Covid-19 JobKeeper Subsidy Webinar" on YOUTUBE

See more »
March 19, 2020MYOB Youtube Channel

"Top 5 Tips for Video Meetings" on YOUTUBE

See more »
March 11, 2020MYOB Youtube Channel

"Trailblazers x Jane Marx" on YOUTUBE

See more »

Social Media

MYOB Headquarters

235 Springvale Road Level 3

Glen Waverley, Victoria3150

61-3-9045-4400

Driving Directions »

Trending Companies

MYOB Summary

ABOUT

Overview

MYOB develops a SaaS-based platform that provides accounting, payroll, tax, CRM and inventory management solutions for businesses. MYOB was founded in 1991. MYOB's headquarters is located in Glen Waverley, Victoria, AU 3150. It has raised 652.0M in 1 ...

CEO

MYOB's CEO, Greg Ellis, currently has an approval rating of 86%. MYOB's primary competitors are Reckon Limited, Xero & VersaPay.

Website

myob.com

Frequently Asked Questions about MYOB

  1. When was MYOB founded?

    MYOB was founded in 1991

  2. Who is MYOB's CEO?

    MYOB's CEO is Greg Ellis

  3. How much revenue does MYOB generate?

    MYOB generates $445M in revenue

  4. How much funding does MYOB have?

    MYOB has historically raised $652M in funding

  5. Where is MYOB's headquarters?

    MYOB's headquarters is in Glen Waverley Victoria, AU

  1. How many employees does MYOB have?

    MYOB has 2,700 employees

  2. What sector does MYOB operate in?

    MYOB is in Systems Software, SaaS, Enterprise Software

  3. Who are MYOB's competitors?

    MYOB's top competitors are Reckon Limited, Xero, VersaPay

  4. Who has MYOB invested in?

    MYOB's has invested in companies such as Flare
Stay up-to-date with the latest news on MYOB

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