MYOB ups its cloud game with the acquisition of local startup Nimbus

- February 1, 2022 < 1 MIN READ

Business management and accounting platform MYOB has upped the ante on its SaaS offerings with the announcement of the acquisition of cloud document management software provider, Nimbus Portal Solutions.

Adding the Australian-owned-and-operated document management service to its stable will allow MYOB to provide an integrated secure client portal tailored to the needs of accountants and practice managers.

Acquisition speeds up MYOB’s commitment to cloud solutions

MYOB chief financial officer, Caroline Rawlinson, said the company’s investment was a move to accelerate the delivery of a cloud solution that had widespread customer demand and appeal.

“We know how important it is for our accountant and practice customers to have solutions which help their teams collaborate efficiently in distributed work environments, improve their client engagement and meet their document storage compliance obligations – Nimbus ticked all these boxes in spades,” Rawlinson said.

MYOB SaaS solutions grow

The announcement follows a year where MYOB has made good on its promise to improve the connectivity capabilities, efficiencies and security of its Practice Solutions offering, and follows the acquisition of  Customer Relationship Management (CRM) solution, Tall Emu.

Tall Emu delivers full end-to-end management of business operations, offering a customer relationship management tool with additional capabilities to link in key sales processes, providing a seamless, real-time view of the business operations.

Tall Emu’s unique functionality includes the ability to see and track multiple sales flows including marketing and lead management, quoting and selling, online payment, back-order handling, fulfilment and delivery and post-sales services.

The acquisition follows hot on the heels of MYOB’s purchase of Practice Management Software GreatSoft, in June 2021.

Want more? Get our newsletter delivered straight to your inbox! Follow Kochie’s Business Builders on FacebookTwitter, Instagram, and LinkedIn.

Now read this:

Pressures increase for small business owners: MYOB Business Monitor



Small Business Guide to Tax Time with Mark Chapman