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What hasn’t been said about MYOB buying Greentree

Australian accounting software company MYOB bought Greentree for NZ$25.5 million. It will pay another $3 million if the owners meet unspecified targets. It’s the latest move by what was, until recently, the regional leader in small business accounting software. Over the last five years Xero has hammered MYOB by offering a clean, online, subscription-based alternative to […]

MYOB cloud uptake 50%

Accounting software company MYOB says half of all new registrations it takes in New Zealand are for the company’s cloud products. Chief technology officer Simon Raik-Allen says New Zealand is noticeably ahead of Australia when it comes to cloud computing. Uptake here is around 50 percent while on the other side of the Tasman around […]