MYOB HITS 100,000 SUBSCRIBERS

Tim Reed, MYOBMYOB, a software company based in Australia, said this month it has passed 100,000 online subscribers for its AccountRight cloud accounting application. While MYOB, whose name originated in this country, does not operate in the United States, it is notable for having invested in Acumatica in order to field an advanced package based on the latter’s software. MYOB also is important as competitor for New Zealand-based Xero, whose second largest market is Australia.

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