MYOB and Inmatrix partnership boosts consulting fees for accountants

1 December 2003

MYOB and Inmatrix have joined forces to offer accountants financial analysis tools that will help them to move beyond traditional compliance work and offer a range of value-added services.

Accountants using MYOB Accountants Office practice management software can now integrate their system with Optimist Professional Series – developed and supported by Inmatrix – providing the financial projections they need to conduct strategic planning, benchmarking and working capital management.

"Most accountants are battling to get through their compliance work and have little time left to pursue more profitable consulting opportunities," said MYOB Australia General Manager, Andrew Fiori-Dea.

"Through our partnership with Inmatrix, MYOB is giving accountants powerful financial analysis tools that will enhance their clients' performance and simultaneously improve their own bottom line," he said.

Optimist Professional Series financial analysis software is used by some of the world's top banks, major accountancy practices and corporations.

"Inmatrix is delighted to be working with MYOB to offer a tailored solution that integrates seamlessly with MYOB Accountants Office, increasing practice efficiencies and opportunities for small to medium-sized firms," said Inmatrix Marketing Services Manager, Ricky Smorgon.

MYOB's partnership with Inmatrix is the next step in the company's strategy of providing products and services that make life easier for accountants and help them to work more efficiently with their clients.

Earlier this year, MYOB launched a fee payment and processing service for accountants using MYOB Accountants Office – enabling them to offer BPAY® and Credit Card by Phone payment options on their invoices – along with an interactive website set-up and maintenance service.

Further information on the range of MYOB Accountants Office solutions is available at http://accountant.myob.com.au/products/solutions/ .

– ENDS –

Media contact:

Sarah Douglas
Marketing Communications Specialist, MYOB Australia
Phone: (02) 9770 9065 or 0402 208 172
Email: sarah_douglas@myob.com.au

About the MYOB Group

Founded in 1991, the MYOB Group is a leading provider of business management software for small and medium sized enterprises and accounting practices around the world.

MYOB has operations in Australia, New Zealand, USA, UK, Hong Kong, Singapore and Malaysia.

MYOB develops and publishes award winning software solutions that have revolutionised the way growing businesses view accounting and business management software. MYOB also provides systems and services targeted to the needs of public accountants.

The MYOB Group is owned by MYOB Limited, a public company listed on the Australian Stock Exchange (ASX symbol 'MYO'). Further information is available at http://www.myob.com.au

About Inmatrix

Inmatrix is a world leader in providing software tools for making business simple.

Inmatrix products help business to create knowledge through financial, sales & other data analysis. Clients include some of the world's top banks, major accountancy practices and corporations.

Founded in Melbourne in 1999, Inmatrix products are now used by more than 2,000 businesses worldwide and the company boasts a global client base in North America, Europe, Asia and Australia.

Through its suite of products, Inmatrix gives business the opportunity to create knowledge and make informed decisions on the direction of their business.

For further information, visit http://www.inmatrix.com.au

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