Reasons to upgrade to MYOB Exo Business 8.7

MYOB EXO Business 8.7 has new features and improvements to increase your control of business processes. 

The upgrade includes business alerts monitoring, a new Education Centre and many significant enhancements to make life easier for job and project-based businesses. 

Major new features include:

Business Alerts– build and monitor your own business rules on key transaction screens such as sales orders, purchase orders and invoicing. 

Business Education Centre – the new Business Education Centre gives you a central point to search for a broad range of help and educational topics about Exo Business. 

Improvements to Job and Project Costing – the most extensive changes in this upgrade are in Job and Project Costing.  These improvements will greatly benefit project and job based businesses. 

Rule-based business alerts allow a business to define what it wishes to monitor or prevent, says Kris Schneider, General Manager – Waikato/Bay of Plenty, Enprise Solutions. 

“You can set a rule to be notified when total margin on a sale is less than a certain percentage, for example,” she says. 

“Or, you could set a rule to prevent a sale from being made if the margin is below a certain level.  Version 8.7 contains the first generation of rule-based alerts and monitoring for Exo.  It’s a powerful concept that will continue to evolve over time.” 

The Business Education Centre lets users enter key words to search for information on different topics, in much the same way as performing a Google search. 

“The Business Education Centre also contains database diagrams, which is hugely useful for anyone writing their own Clarity reports.  It gives you all the database information you need to build the query – in a user-friendly graphical format,” Kris Schneider says. 

The new version is the first release in a long time to improve Job and Project Costing. 

“The ‘Work In Progress’ (WIP) account is now on the balance sheet.  There’s also support for the perpetual method of integration for stock with Job Costing, which can improve visibility and control of inventory processes,” says Kris Schneider. 

More information

Discuss your business requirements with your Enprise Account Manager to determine the best time for your business to upgrade.  If you have questions, we’re happy to help.