MYOB Acumatica (formerly MYOB Advanced) and MYOB Exo are both Enterprise Resource Planning applications designed to meet the needs of small and midsize enterprises.

In many respects, the solutions address similar requirements from a functional perspective. However, MYOB Acumatica is a pure cloud solution – it has been designed for the cloud from day 1 and takes advantage of many of the latest technologies that are driving businesses to prefer cloud-based ERP solutions over what are known as on-premises applications. As a SaaS application (Software as a Service) MYOB Acumatica is licensed on a per-user per month fee and all the applications are delivered over the internet via a web browser and maintained by MYOB in Amazon Web Services (AWS) data centres.

The costs of software maintenance and operations are all included in the monthly fee.

MYOB Exo is an on-premises application and whilst it is built on older technology, it can be deployed over the internet via technologies such as Citrix or Microsoft’s Remote Desktop Services and is licensed as a perpetual license application – which means you pay a license in full up front for the right to use the software plus an annual maintenance fee and you are responsible for deploying the software on your own servers and workstations. An annual maintenance fee is then paid each year to stay current on support and software upgrades.