Accounting software maker MYOB has entered into an agreement with BankLink for the supply of bank transaction data to be used in new MYOB products.
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A private equity company is poised to snap up financial software maker MYOB, after boosting its bid price.
Accounting software company MYOB has highlighted tough market conditions in New Zealand as a factor in its latest financial report, for the half year to June 30, 2008.
MYOB's revenue from continuing operations grew 6% to A$91 million (NZ$111 million) for the half year, EBITDA grew 9% and net profit after tax from continuing operations was up 27% to A$10 million.
The software as a service model (SaaS), where applications are hosted online and delivered to users through a web browser, is changing the face of corporate computing. But at one Auckland company the model is allowing the unthinkable: the integration of top-end CRM system Siebel, now owned by Oracle, with the ubiquitous small- and micro-business financial software package MYOB.