PRTODAY / NewswireToday Free press release distribution service network

More news: Software
Written by / Agency / Source: MYOB Australia

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

MYOB Boosts Investment in NZ Market with Latest Acquisition - MYOB re-imagining online payroll to make it easier for employers -
MYOB Boosts Investment in NZ Market with Latest Acquisition


NewswireToday - /newswire/ - Melbourne, Victoria, Australia, 2015/09/30 - MYOB re-imagining online payroll to make it easier for employers - ASX: MYO

Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


MYOB has once again strengthened its commitment to the New Zealand payroll market by acquiring Information Management Services Limited (IMS), which is based in the Hawkes Bay in the North Island, for a purchase price of NZ$9.7million, the company announced today.

“IMS is the third New Zealand payroll solutions company acquired by MYOB recently, following the successful acquisition and integration of PayGlobal in August 2014, and Ace Payroll in May 2015,” says MYOB SME Solutions General Manager James Scollay. “In addition, we are investing substantially in developing the next generation of online payroll solutions.”

“We estimate over 30 per cent of the New Zealand workforce is paid using MYOB software and we’re committed to providing easy online payroll solutions for all employers whether they have just one employee or employ over 500 staff,” says Mr Scollay.

MYOB Chief Financial Officer Richard Moore says the IMS acquisition will help drive the company’s growth strategies, as outlined in its recent 1H results announcement.

“We are pleased to announce the acquisition of IMS, which is in line with our strategy of targeting value-add acquisitions which enhance MYOB’s core business,” Mr Moore says.

“IMS is a leading provider of payroll solutions to over 10,000 small and medium businesses in New Zealand. This acquisition will help deepen our relationship with New Zealand clients as we continue to roll out MYOB’s next generation of cloud accounting and payroll solutions.”

IMS and MYOB unite
IMS has been serving New Zealand businesses with a range of payroll solutions and a strong commitment to customer support for over 30 years. It was founded by Kevin Atkinson, a prominent Hawkes Bay community leader, in 1983. MYOB has been operating in New Zealand for over two decades and currently serves over 1.2 million businesses across New Zealand and Australia.

Mr Atkinson says he is proud of the company’s range of payroll solutions, which are supported by a knowledgeable and helpful customer service team.

“IMS has provided a market leading range of payroll solutions for businesses over the last three decades. Uniting with leading cloud accounting provider MYOB is the natural next step for our business and an exciting outcome for our customers,” Mr Atkinson says.

Re-imagining online payroll
Mr Scollay says while IMS clients can expect the same high standard of customer service to continue, they can also look forward to benefitting from an exciting new innovation in the delivery of payroll.

“In addition to enjoying the same great service, IMS customers will soon have access to MYOB’s full range of market-leading cloud solutions, including the next generation of online payroll, which is currently being developed following our announcement in May,” Mr Scollay says.

The move to online payroll solutions will boost productivity and reduce complexity for New Zealand employers.

“New Zealand has a complex payroll compliance regime, with employers grappling with a range of considerations such as annual leave requirements, KiwiSaver and parental support obligations. In addition, a large number of New Zealand employers pay their staff weekly, which has a big impact on the time spent by employers ensuring each pay is accurate,” Mr Scollay says.

“MYOB’s goal is to re-imagine what payroll solutions can deliver for SME operators in terms of productivity, compliance and helping to strengthen their trusted relationship with employees.”

Mr Scollay says payroll is core to MYOB’s offering and has contributed to the company’s success in New Zealand over the past 15 years.

“From the beginning MYOB has continued to innovate, and to invest in payroll solutions that make it easy for New Zealand businesses.”

For MYOB product information, research results, business tips, discussions, client service and more visit the MYOB website, or its blog, LinkedIn, Twitter, Facebook, Instagram and YouTube sites.

Contact: Australian media
Saba Chowdhury, MYOB Public Relations Specialist
P: +61(2) 9770 9055 / M: +61(4) 2960 5963 - E: saba.chowdhury[.]

About MYOB
MYOB ( is a leading cloud based business management solutions provider. It makes business life easier for approximately 1.2 million businesses across Australia and New Zealand by simplifying accounting, payroll, tax, practice management, CRM, job costing, inventory and more. MYOB provides ongoing support via many client service channels including a network of over 40,000 accountants, bookkeepers and other consultants. It is committed to ongoing innovation, particularly in cloud computing solutions, and in 2015 was awarded the BRW award for the most innovative large company for 500+ employees and placed 2nd in BRW’s Most Innovative Companies Award list across all categories nationally.

About IMS
IMS has been developing and supporting payroll solutions for New Zealand businesses for over 30 years. It supplies payroll software to over 10,000 businesses who have between 1 to 5000+ employees in NZ and the Pacific Islands. The company was founded in 1983 by Kevin Atkinson, a prominent Hawkes Bay community leader who is currently Chair of Hawkes Bay District Health Board, Chair of Unison Networks and a Director of Hawkes Bay Rugby.

Your Banner Ad Here instead - Showing along with ALL Articles covering Software Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: MYOB Australia


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick Newswire Today Visibility Checker


Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #
Software Warnings - IMPORTANT:
Always be aware/cautious about what you download on your computer/mobile! PURCHASE SOFTWARE related keywords / Banner Ads. Click HERE for details!

  Your Banner Ad showing on ALL
Software articles,
CATCH Visitors via Your Competitors Announcements!

MYOB Boosts Investment in NZ Market with Latest Acquisition

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Publisher Contact: Sarah Putt - 
+64(9) 925 3515 / +64(29) 777 0256 sarah.putt[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any MYOB Australia securities in any jurisdiction including any other companies listed or named in this release.

Software via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From MYOB Australia / Company Profile

Read Software Most Recent Related Newswires:

NAKIVO Decreases Backup Administration Time by 50% and Storage Space by 30% for FEhS Institute
Altitude and Comways Partner to Deliver New Contact Center Solutions for High Growth Companies in Benelux
Gartner Positions Kentico Software in Magic Quadrant for Horizontal Portals
Subex to Host 13th Global User Conference At Jaipur, India
SBI SECURITIES Works with IBM to Test Blockchain Technology for Bond Trading Platform
Yellowfin Top Ranked for Usability in Ventana Research’s 2016 Mobile BI Value Index
Yellowfin Named A Leader in Fourth Consecutive Nucleus Research Value Matrix for Business Intelligence & Analytics
The Weather Company Launches its Signature WEATHERfx Ad-targeting Platform in Germany with BurdaForward
Infor Named on the Constellation ShortList™ for Global HCM Suites and Enterprise Cloud Finance
Valenta Pharm Optimizes Budget Management with Infor BI
Rocket Software Business Intelligence Increases the Value of Cognos TM1 Investment
Greater Edmonton Foundation Centralizes Operations with Yardi Voyager
OneLogin Pioneers First-Ever HR-driven Identity Integration with Namely
IBM and Quest Diagnostics Launch Watson-Powered Genomic Sequencing Service to Help Physicians Bring Precision Cancer Treatments to Patients Nationwide
Bomgar Demonstrating Benefits of Chat, Integrated Remote Support At TSW 2016

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business


Visit  Demyk Lightmod Products, Inc.

Visit  NAKIVO, Inc.

  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (