What you Missed: MYOB Exo + Real-Time Insights

MYOB EXO USER GROUPS
- SEPTEMBER 2021 -

The final sessions of the MYOB Exo User Groups for 2021 were packed full of useful content. With an extended panel of guest speakers, we explored how leveraging Real-Time Insights from MYOB Exo and the ability to quickly make informed decisions could lead to increased efficiency.

The Connected Business and Real-Time Insights

A Connected Business creates meaningful connections between its systems, data, and people. When staff, systems, customers, suppliers, and partners are networked intelligently, the exchange of information occurs at the moments that matter. These connections drive new levels of productivity, efficiency, innovation, and insights that can support you to do better business today and build sustainable growth for tomorrow.

Connected Businesses will empower staff to contribute to higher value activities, provide better experiences to their customers, and transform supplier relationships into strategic partnerships.

Once you have focused on all elements of a Connected Business, that is: Empowering your Workforce, achieving Complete Control, and creating Experiences that Matter for your staff and customers, you will begin to see the value of Real-Time Insights. Serena Thomas took us through the journey of MYOB’s Digital Transformation and verified that they very much found this to be the case. Now that they have a consolidated set of data, they can leverage that information to better communicate with their channel, gain deep insights into customer behaviour, and harness their data to make better decisions.

How to leverage Real-Time Insights in MYOB Exo

As businesses like yours become more complex, a greater importance must be placed on analysing data in a timely manner. Monitoring the operations of your business can be difficult. Getting timely information into the hands of people who need it, can be a competitive advantage. The Analytics module in MYOB Exo is the heart of the Exo reporting system. It is a dashboard reporting and business intelligence tool, that provides real-time insights into the day-to-day operation of your business. Everyone can have their own individual reports, with the information that is most relevant to them.

System Alerts extend the MYOB Exo framework into other applications, demonstrating Exo’s ability to connect your business and provide Real-Time Information. With the clever use of MYOB Exo Business Alerts and notifications, managers can focus on what is important and only address the exceptions. Exception Reporting is an incredibly efficient way of managing your business and systems.

MYOB Exo OnTheGo is an app that can be used in for transactional and quoting functions, but also gives you access to reporting while out of the office. When information is time critical, waiting for sales reps or managers to be back in the office or in front of a laptop can be too slow to make vital decisions or to close a sale. MYOB Exo OnTheGo gives your team the flexibility to see data and act accordingly, while on the road or outside the office, in real-time.

One system or many

It is important to acknowledge that MYOB Exo may not be the only system you leverage to connect your business. There are many connected services that can be integrated into your system to support the functionality of MYOB Exo. When talking about Real-Time Insights, we focused on the best-of-breed add-ons:  eveXso, Phocas, and ExoHosted.

eveXso is warehouse management software that helps with picking, packing and bin management. It extends MYOB Exo’s capability, making your warehouse more accurate and efficient. It manages the flow of data through your warehouse in real-time so everyone is up to date on the status of orders and can act accordingly.

ExoHosted is a cloud service for MYOB Exo that allows you to migrate your data away from your physical servers. MYOB Exo is accessed via a web-browser so that you can work with your Exo data out of the office. With ExoHosted, your data backups are also stored and can be restored reliably, giving enhanced security, as well as the ability to work with your data across locations in real-time.

Phocas is a web-based business intelligence and analytics tool, that extends what you are able to accomplish with MYOB Exo in your business. It can be used by anyone in the organisation to dig deeper into your data. Phocas allows you to track budgets at any time throughout the month, diving into details around customer accounts, salespeople, and products. This can highlight areas of strength or weakness, allowing you to respond to these opportunities in real-time and giving you a head start against your competition.

Thank-you to All Involved

Above all, the MYOB Exo User Groups are a chance for the users and experts to share their insights and keep you informed about updates, features, and Business Process Improvement news. We hope that by leveraging Real-Time Insights from your MYOB Exo system that you will become more agile and responsive in your ever-changing markets.

We would like to thank our sponsors Kilimanjaro Consulting, Enprise Solutions, Phocas, and Velixo for their support in making these events happen, as well as acknowledge the input from MYOB.

Do not miss out on any of these valuable, free events in the future. Make sure you receive our exclusive early invitations by subscribing to our newsletter. For any other queries contact us here.

If your business is evolving and you are looking for a more sophisticated ERP solution; consider engaging with our consultants for a Business Process Improvement project. Our industry best practice methodology begins with a COVID-safe, on-site visit to collaborate and identify your own goals and objectives. They can advise the appropriate ERP solution for your business as well as recommend any Connected Services that can be integrated with your system to ensure your processes are being completed efficiently. Kilimanjaro Consulting is the leading implementer of MYOB ERP solutions in Australia, and Enprise Solutions is the leading implementer of MYOB ERP solutions in New Zealand.

If you wish to get in touch with Kilimanjaro Consulting, you can call 1300 857 464, or email sales@k-c.com.au. If you wish to get in touch with Enprise Solutions, you can call 0800 436 774 or email marketing@enprise.com.