MYOB has this week launched MYOB Assist, a brand-new mobile app designed to help small business owners take control of their admin while on-the-go.
Built into every MYOB Business and AccountRight subscription, the new mobile app fuels browser-based AI smart matching and categorisation, transforming time-consuming admin such as invoicing and expense capturing into simple, effortless tasks so owners can focus on running their business.
With features initially including ‘snap and track’ for receipts and real-time invoicing in the one place, the app syncs with their browser so they can bill on the fly and capture expenses on the spot – meaning they never miss a dollar.
In-app data feeds directly into MYOB’s smart reconciliation features, working hand-in-hand with the capabilities of AI-enabled browser-based automation to enable business owners to manage cashflow on the go, categorise easily, match instantly and smart sync receipts on the spot – all while running seamlessly in the background.
By making admin mobile and manageable, MYOB customers can feel confident that they are top of their admin and well-prepared for tax time. This will no doubt be welcomed by SME owners with data from the latest MYOB Business Monitor showing time spent on meeting tax compliance obligations was the biggest challenge to profitability for one in five (17%) respondents.
The app has been launched in response to feedback that business administration is one of the biggest time-eaters for small business owners. In fact, recent MYOB research shows 56% of SME owners spend more than half their time on managing internal business operations1.
“Small business owners are often on the move, meaning a constant juggling act when it comes to managing receipts, invoices and payments,” said Dean Chadwick, MYOB’s Chief Customer Officer.
“MYOB Assist puts powerful, easy-to-use expense capture and invoicing tools in their pocket, helping them feel in control and freeing them up to focus on their customers, not their paperwork.
“Through smart technology that works quietly in the background, the app can reduce admin stress and help small businesses feel confident, in control, and ready to grow.”
MYOB customer Adrian Katz of Katz Studios said the app has helped simplify invoicing and expense capturing, saving him time and reducing admin.
“As soon as I finish a job, I can send an invoice on the spot – no delays, no extra admin,” he said.
“The interface is simple, clean and seamless to use, and having an all-in-one expense and invoicing app that I can use on-the-go has really saved me time.
“Now I can focus my efforts on the core drivers of my business – editing, video production and animation – instead of paperwork.”
MYOB Assist will transition MYOB’s Capture and Invoice app users to a new, unified experience that will allow them to manage their admin more quickly and efficiently. A suite of new features will be rolled out over time, each designed to optimise cashflow and streamline admin for SMEs and their trusted advisors.
Please see here for more information on MYOB Assist and to download the mobile app.