With manufacturing one of the key sectors we address, it’s a good time to take a closer look at the MYOB Advanced Manufacturing Solution. That’s because this popular midsize ERP solution has a ‘Manufacturing Edition’ which provides you with everything required for the most efficient and visible operations possible. And that, of course, means accuracy, complete and easy access to all information, a more competitive business, and a healthier bottom line.
For starters, and for those who don’t already know, MYOB Advanced is a ‘localised for ANZ’ version of Acumatica. Founded in 2008, Acumatica is an American vendor, and it has more than 6,000 implementations around the world.
This is worth knowing because Acumatica is well proven as a provider of flexible ‘born in the cloud’ software which is deployed as a cloud service (on AWS or Azure), on premise or hosted.
With the exclusive rights for Acumatica, MYOB has rebranded it as Advanced, and localised the software for our legal and regulatory environment. To great success, as it happens, because there are more than 1100 implementations of Advanced across both sides of the Tasman.
Specialised manufacturing
What’s made Acumatica, and of course MYOB Advanced, so successful is its comprehensive capability as an integrated ERP solution for the mid-market.
But when it comes to the manufacturing version, there are three specific modules you need to know about, and which help you take complete control of your operations.
They are:
What this means in practice is that MYOB Advanced Manufacturing Edition integrates manufacturing, inventory management and accounting. It’s a single view which helps you manage everything from raw materials to production, take control of the manufacturing process, maintain revisions, and track the financials. It’s ‘one version of the truth’, as we like to say in this industry!
The availability of reliable and accurate data, in turn, is the basic material for doing things better. After all, with that information, you’re equipped to make real time, data driven decisions, ensuring your business is set up for growth.
Now, just a note. MYOB Advanced Manufacturing is ideal for medium-sized manufacturers across Australia and New Zealand, which is why so many have chosen it for their operations. However, in some cases, where your manufacturing is concentrated into specific projects – for example, boats or houses within gated communities – and each job is treated as a complete separate entity, then Job Costing may work better for you.
In these instances, we recommend the MYOB Advanced Construction Edition rather than Advanced Manufacturing.
One final thing about MYOB Advanced Manufacturing: it’s rapidly deployed AND affordable. You could be manufacturing better in as little as three months.
If you’re keen to find out more about how Verde can help take your manufacturing into the 21st century, do get in touch.