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What is MYOB?

MYOB Business is a comprehensive cloud-based software solution designed to improve the financial and operational capabilities of small to medium-sized enterprises (SMEs). This platform includes a wide range of features such as invoicing, expense tracking, payroll management, inventory control, and adherence to tax compliance. With its real-time financial reporting and user-friendly dashboards, MYOB Business provides business owners with essential insights needed for informed decision-making. The software also supports seamless integration with various banking platforms, payment gateways, and other business tools, which enhances automation and reduces manual tasks. Known for its flexibility, MYOB Business adapts to the changing demands of growing companies by offering diverse pricing models and customizable features suited for different industries. Additionally, its intuitive interface allows even users with minimal accounting knowledge to navigate the system effectively, ensuring accessibility for a broad range of users. This combination of functionality and ease of use makes MYOB Business a valuable resource for enterprises looking to thrive in a competitive environment.

What is InnoTrust?

Innovest's flagship solution, InnoTrust, transforms the operational landscape for trust companies, banks, private banks, retirement plan managers, and similar organizations by streamlining their accounting and reporting requirements related to trust assets, wealth management, and retirement accounts. Built with modern web services and API capabilities, our service allows for seamless integration with external software and in-house systems, all while ensuring that users can easily navigate and access customer information. InnoTrust features a comprehensive suite of portfolio management tools, including rebalancing options, trade blotters, trade order management, and detailed performance reporting. Furthermore, we provide complete principal, income, and tax lot accounting services, along with efficient cost basis tracking and an advanced Tax Reporting feature that automatically produces essential documents such as 1099s, 5498s, and tax worksheets. Our platform also comes equipped with functionalities for exception tracking, customizable Q&A sections, and follow-up tickler reminders, all aimed at optimizing user workflows and improving operational efficiency. In summary, InnoTrust not only enhances the management processes of financial institutions but also fosters a greater sense of control and transparency in overseeing trust and retirement accounts. By choosing InnoTrust, organizations position themselves at the forefront of innovative financial solutions.

Media

Media

Integrations Supported

12d Synergy
Canyou
Expiration Reminder
Flex Catering
Funeral Buddy
FuseDocs
Ignition
Indigo8
Infocare Solutions
MIE Trak Pro
MinuteDock
Nexvia
ONE Collect
Pepperi
ScrapIT
Sourceit
Virtual Cabinet
Workshop Mate
eZee Reservation
iVvy Venue Management

Integrations Supported

API Availability

Has API

API Availability

Has API

Pricing Information

$11/month
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

On-Site Training

Company Facts

Organization Name

MYOB

Date Founded

1991

Company Location

Australia

Company Website

www.myob.com/au/products/myob-business

Company Facts

Organization Name

Innovest Systems

Date Founded

2000

Company Location

United States

Company Website

www.innovestsystems.com/innotrust/

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Expense Tracking
Nonprofits
Purchase Orders
Tax Management

Accounts Receivable

Billing & Invoicing
Online Payment Processing
Partial Payments
Receivables Ledger
Recurring Billing

Auto Dealer Accounting

Collections Management
Expense Management
Payroll Management
Recurring Billing
Sales Management
Sales Tax Management

Billing and Invoicing

Billing Portal
Contact Database
Customizable Invoices
Mobile Payments
Online Invoicing
Online Payments
Payment Processing
Tax Calculator

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
General Ledger
Payroll
Revenue Recognition
Spend Management
Tax Management

Budgeting

Not specified

Business Performance Management

Ad Hoc Reports
Budgeting & Forecasting
Consolidation / Roll-Up
Dashboard

Church Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Budgeting & Forecasting
Payroll Management

Construction Accounting

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Cash Management
Job Costing
Payroll Management
Purchase Order Management
Quotes / Estimates

Fund Accounting

Accounts Payable
Accounts Receivable
Activity Tracking
Bank Reconciliation
Budgeting & Forecasting
General Ledger
Purchasing & Receiving

Payroll

Reporting/Analytics
Tax Compliance
Vacation / Leave Tracking

School Accounting

Accounts Payable
Billing & Invoicing
Budgeting & Forecasting
General Ledger
Payroll Management

Time and Expense

Expense Tracking
Invoice Processing

Trust Accounting

Activity Tracking
Receipt Management
Tax Management

Categories and Features

Trust Accounting

Asset Gain & Loss Reporting
Fee Calculation & Posting
Tax Management

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