Switching From MYOB

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Shifting from MYOB Exo to NetSuite 


A growing business often places demands on your business accounting software that you never planned for. Suddenly you find yourself sitting on a pile of business systems and battling creeping IT costs. MYOB Exo can’t keep up.

Thousands of businesses arrive at a similar crossroads every year. Timing is everything: if you replace MYOB too early, then you may end up with more software than you need right now.

But if you wait too long, you could end up struggling with inefficient business processes that could actively damage your business performance and prospects for future profitability and growth.

At what point do the costs to the business of maintaining MYOB—and the other systems it requires to function—outweigh the benefits of keeping it in place?

When is the right time to make the move to an MYOB Exo alternative solution?

  • You’re wasting time playing “Hunt the Spreadsheet”.
  • Your management reports are prone to errors or are out of date.
  • Simple MYOB reports take an unacceptable amount of time to run or print.
  • You can’t get a comprehensive view across all of your businesses units.

Comparing MYOB & NetSuite


The Future of MYOB Exo


NetSuite utilises a unique, globally consistent engagement method that helps customers de-risk their implementation, contain costs, and reduce time to value. NetSuite also provides a customer success manager for the duration of the relationship and delivers support directly to customers. NetSuite provides support directly to its customers.

MYOB Exo implementation, customisation and support risk and cost will be carried by the MYOB customer and partner. NetSuite has a defined product roadmap, receiving massive investment from Oracle, and operates in a defined marketplace set by Oracle MYOB Exo competes with MYOB Greentree and Advanced for the same mid-market customer base.

There does not seem much future for Exo because of its legacy architecture, and MYOB are not investing in new capabilities for the product, just minor updates. The ERP mid-market is characterised by high levels of fragmentation. Vendors that are not growing at 30% or more are losing ground to other competitors

MYOB Exo Hosting


MYOB Exo is client server-based. It has a thick client installed on workstations, or it is delivered through a thin client such as MSFT Terminal Services or Citrix. Users complain bitterly about the clunky user experience.

This product is based on very old technology. Instead of MYOB investing in modernising MYOB Exo, they opted to OEM Acumatica (MYOB Advanced) to get cloud ERP capabilities.

NetSuite is operated by NetSuite. NetSuite focuses on delivering a service to its 18,000 customers that is scalable, resilient and secure. We have a lot to lose if an outage occurs!

If MYOB Exo is installed on-premise or even hosted by an MYOB partner, how is scalability, resiliency and security going to be built into the overall solution? Often these service qualities are ignored until something goes wrong.

Find out how experts can help your business

How NetSuite Works



NetSuite is highly configurable, providing rich capabilities for customers to tailor NetSuite functionality and reporting themselves. Customisation is available to customers who require capabilities beyond the current version of NetSuite. NetSuite provides sandbox capabilities that allow customers to view their configurations and customisations applied to the yet-to-be-released version of NetSuite.

MYOB Exo can be customised. It is unknown whether upgrades break customisations, but it is expected that deep level customisations will break. An MYOB customer has to work with their MYOB partner to figure out an upgrade process and build out an upgraded environment.

An MYOB customer will need a developer to create and change reports. The onboard reporting capability is poor, and often customers are forced to use a 3rd party tool like Crystal.

We know our stuff


Across our team, we are certified NetSuite integration partners and specialists.

We stay up to date with the latest courses so we can ensure your deployment is successful.

Get in touch now for your free consultation & Demo

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