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MYOB's Competitors, Revenue, Number of Employees, Funding and Acquisitions

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

Estimated Annual Revenue

Estimated Employees

Greg Ellis's photo - CEO of MYOB

CEO

Greg Ellis

CEO Approval Rating

89/100

OVERVIEW

Founded:

1991

Headquarters:

Glen Waverley, Victoria

Status:

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

Industry Sector:

Systems Software

SIC Code:

7373NAICS listing »

Top Competitors or Alternatives

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Growth Score - 1/1

Is $445M a good estimate for MYOB's revenue?

I don't know

Trending News for MYOB and MYOB's Competitors

June 2, 2020

FinanzNachrichten

GoCardless and YayPay Form Partnership to Address YayPay's Growing Global Customer Base

Integration of GoCardless' network will enable YayPay customers the flexibility of collecting recurri... See more »

May 31, 2020

MYOB Blog

Food and beverage delivery: Choosing the right provider

Understanding the various delivery models and service providers available to you as a hospitality bus... See more »

June 2, 2020

Xero Blog

Prepare for tax season with Document Packs in Xero HQ

We're excited to announce that Document Packs are now live in Xero HQ, and just in time for the end o... See more »

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Reckon is perceived as one of MYOB's biggest rivals. Reckon was founded in 1987, and its headquarters is in North Sydney, New South Wales. Reckon competes in the Application Software field. Reckon has 2,681 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. Xero operates in the Application Software industry. 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. VersaPay is in the Mortgage Finance industry. VersaPay has 2,621 fewer employees vs. MYOB.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Greg Ellis

CEO

- -
2,700
$652M
$445M
1

Sam Allert

CEO

83/100
342
- -
$120.9M
2

Steve Vamos

CEO

71/100
3,055
$1B
$718.2M
3

Craig O'Neill

CEO

88/100
79
$6.9M
$5.8M
4

Neal Anderson

President & CEO

97/100
35
- -
$10M
5

Anthony Venus

Co-Founder & CEO

87/100
49
$13.7M
$2.1M
6

Jean-Michel Berard

Founder & CEO

84/100
678
- -
$120.8M
7

Bill Henslee

Co-Founder

87/100
50
- -
$15M
8

Sashi Narahari

President & CEO

82/100
1,500
$184M
$50M
9

CEO

- -
28
- -
$5.7M
10

Henri Taipale

Founder & CEO

87/100
48
$1.3M
$4.5M
The top 10 competitors in MYOB's competitive set are Reckon, Xero, VersaPay, OnPay Solutions, YayPay, Esker, Anytime Collect, HighRadius, API Outsourcing and Qvalia. Together they have raised over 1.2B between their estimated 5.5K employees. MYOB's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 136.2M. MYOB has 2,700 employees and is ranked 2nd among it's top 10 competitors. The top 10 competitors average 778.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
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.

-

-

May 2014

Source »
undisclosed
-
BankLink

May 2013

Source »
$136M
-

These are all the companies that MYOB has acquired. MYOB has acquired 8 companies and its latest acquisition was Paycorp Holdings Pty Ltd in Feb 2017. Paycorp is a provider of enterprise payment processing solutions to banks and corporates.

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

Investments

No recent investments found related to MYOB

MYOB News

April 8, 2020Startup Daily

MYOB's guide to everything your business needs to do to withstand COVID-19

Accountancy software company MYOB has released a Business Preparedness Guide to help small businesses... See more »
March 31, 2020Insurance Report

MYOB says small business needs to step up on cybersecurity as people work from home

Tech and accountancy business MYOB says cybersecurity is a key risk smaller businesses often don't pa... See more »
March 13, 2020IT Brief New Zealand

Verde and Axsys take top honours at MYOB ANZ Enterprise Awards

The annual awards celebrate and recognise excellence amongst MYOB's enterprise partners from across N... See more »
February 27, 2020CRN Australia

MYOB dumps MacOS product, retailers still selling it anyway

AccountEdge is no more as MacOS breaks last release.... See more »
February 18, 2020Scoop Media

MYOB Increases Their Support Of New Zealand Netball

A long-standing commitment to success sees leading tech company MYOB signing on to continue as Princi... See more »
February 3, 2020PYMNTS

Accounting Firms MYOB, Xero Eye Invoice Finance Solutions

Accounting software providers MYOB and Xero are exploring invoice finance solutions while retaliation... See more »
February 2, 2020Startup Daily

new MYOB boss Greg Ellis ditches old company mantra

MYOB's new CEO Greg Ellis doesn't believe in the well-worn startup maxim 'fail fast'. "I really hate ... See more »

MYOB Blogs

May 27, 2020MYOB Blog

Radar Report: Trends impacting the retail industry

How the retail industry is being impacted now, soon and later under COVID-19, with supporting comment... See more »
May 27, 2020MYOB Blog

Introducing Blake’s Brief: Get ahead of new product enhancements

In quarterly video updates, Blake Collins will provide key updates and announcements for MYOB Partner... See more »
May 27, 2020MYOB Blog

JobMaker: PM sketches out plan for post-pandemic economic revival

Prime Minister Scott Morrison has announced plans to rehabilitate Australia’s pandemic-stricken econo... See more »
May 26, 2020MYOB Blog

Understanding leave entitlements and what constitutes ‘casual’ work

The Australian Federal Court has ruled that employees classified as casual but who work regular and p... See more »
May 26, 2020MYOB Blog

Tradies under lockdown: Marketing

Lockdown may be easing, but the current climate is a far cry from last year's. Here's how the trades ... See more »
May 25, 2020MYOB Blog

How freelancers can get the most from tax time this year

Freelancers are no doubt tying up loose ends and scouring their receipts for legitimate claims ahead ... See more »
May 24, 2020MYOB Blog

JobKeeper FAQ: GST Turnover Test and more

The initial rush to apply for JobKeeper is over, plenty of business owners remain unclear about how t... See more »

MYOB Press Releases

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 »
October 6, 2016NewsMaker

expensemanager and MYOB join up for automated expenses and invoices

expensemanager Software Pty Ltd, the innovative Australian cloud expense and invoice management softw... See more »
September 28, 2016PRWeb

Fusion Software's FusionWMS for MYOB Advanced and FusionPOS for MYOB Advanced Become Application Certified By MYOB

Fusion Software's applications are recognized as MYOB Advanced Certified Solutions.(PRWeb September 2... See more »
May 18, 2016PRWIRE

Starcom wins MYOB pitch

May 19, 2016: Starcom has won the business for MYOB, one of Australia's leading accounting software p... See more »

MYOB Videos

March 5, 2020MYOB Youtube Channel

"Megan Morton's journey from Intern to Design Guru" on YOUTUBE

See more »
March 3, 2020MYOB Youtube Channel

"Trailblazers x Liam Ridgeway" on YOUTUBE

See more »
February 7, 2020MYOB Youtube Channel

"BitchCon 2020 | MYOB + Like Minded Bitches" on YOUTUBE

See more »
February 4, 2020MYOB Youtube Channel

"What is Single Touch Payroll? | MYOB Help" on YOUTUBE

See more »
February 4, 2020MYOB Youtube Channel

"What's an invoice? | MYOB Help" on YOUTUBE

See more »
February 4, 2020MYOB Youtube Channel

"How to match or allocate bank transactions in your accounting software | MYOB Help" on YOUTUBE

See more »
December 5, 2019MYOB Youtube Channel

"Founders Game x Valeria Ignatieva" on YOUTUBE

See more »

Social Statistics

Headquarters

235 Springvale Road Level 3

Glen Waverley, Victoria3150

61-3-9045-4400

Driving Directions »

Trending Companies

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 89%. MYOB's primary competitors are Reckon, 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

  1. Where is MYOB's headquarters?

    MYOB's headquarters is in Glen Waverley Victoria, AU

  2. How many employees does MYOB have?

    MYOB has 2,700 employees

  3. What sector does MYOB operate in?

    MYOB is in Systems Software

  4. Who are MYOB's competitors?

    MYOB's top competitors are Reckon, Xero, VersaPay
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