LIVE: War on paper underway as MYOB unveils SMB Smart Bills

New Zealand accounting solutions provider MYOB has introduced a new smart bills feature to its AccountRight clients, following on from the addition of smart bills to MYOB Essentials late last year.

Announced today at the company’s Roadshow in Melbourne, the feature will be a free addition to all SME cloud accounting solutions in, as the company continues its well-documented ‘War on Paper’ across the region.

MYOB SME Solutions General Manager James Scollay says smart bills captures key data fields from supplier invoices, before entering it into the software which is then fully integrated into the workflow of AccountRight.

“This feature allows users to simply email or drag and drop a supplier invoice into AccountRight, which can be used to create a bill, or easily linked to an existing bill,” Scollay adds.

First introduced into Essentials Accounting, MYOB’s entry-level cloud accounting solution, in late 2014, Scollay says the smart bills feature will make AccountRight “even more compelling” for SMEs.

“The smart bills feature is another way our online accounting products are helping to make business life easier,” he adds.

“The ongoing innovation that bolsters feature-rich online solutions such as AccountRight is the reason a rapidly growing number of SMEs are switching to MYOB’s subscription services.”

Scollay says a number of MYOB partners offer migration services from other cloud accounting products to MYOB, making it an easy transition.

“We’re seeing a growing trend of clients switching to MYOB because they recognise that our feature-rich SME solutions provide better value,” he adds.

Smart bills is available at no extra cost to MYOB clients using AccountRight Standard and above from later this month.