MYOB, BankLink in data deal
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.
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.
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.