MYOB EXO Employer Services Retirement
Critical MYOB Exo Payroll End-of-Life Dates.
MYOB announced that Exo Employer Services (Payroll) will be reaching its End of Life by November 30, 2025 and MYOB will decommission MYOB Exo Employer Services from this date. This means that after this date, the system will no longer be supported with updated tax rates and thresholds and will become non-compliant. You will retain access to a read-only scenario of MYOB Exo Employer Services for historical and reporting purposes, but the software will not let you process any pay runs.
Why has MYOB Exo Employer Services been declared end-of-life?
For many years, MYOB Exo Employer Services has provided support to thousands of businesses. Every software product has a sweet spot in its lifetime during which it can best serve the demands of the market. Older solutions become less relevant as newer systems surpass them structurally and as technology advances. MYOB Exo Employer Services is now considered a legacy product and can no longer keep up with the modern range of cloud based payroll and HR software. It was developed in the nineties and is based on a database that has been replaced by more recent systems. It takes more than just keeping MYOB Exo Employer Services updated and developed to reduce the hazards associated with utilising outdated software, particularly when it comes to payroll systems that hold private employee information.
MYOB has invested in developing in cutting-edge products that are appropriate for the demands of business today. For midmarket Australian and New Zealand businesses, MYOB Acumatica Payroll is the replacement solution. This cloud-based payroll solution offers automatic onboarding, leave management, reporting capabilities, compliance needs, and the most recent tax thresholds and awards. MYOB places the highest priority on data security and believe that with the newest Business Management Solutions and cutting-edge technology, they are in the best position to protect and safeguard your data.
So what’s next?
To prepare your business for this change, you need to replace your current software before the end-of-life date. It usually takes 3-4 months to identify and transition to a new system that sufficiently supports your needs. It is therefore critical that you select the appropriate payroll software and migrate before November 2025. It makes sense to properly prepare for the year ahead with your dedicated business management solutions in mind.
Many clients have been successfully transitioned to MYOB Acumatica Payroll by the Acclaim payroll team. We are ready to support your organisation during this change.
How to prepare for the change.
Now is the best time to prepare and get ready for the change to a new payroll system. At Acclaim we recommend considering both MYOB Acumatica Payroll and Employment Hero as suitable cloud-based payroll solutions, depending on your organisation size, requirements and payroll complexities.
MYOB Acumatica Payroll and Employment Hero are secure, scalable, and powerful cloud-based payroll solutions.
There are many advantages to MYOB Acumatica Payroll:
- As your trusted partner, we will take care of everything – with the quality and professionalism that you expect from us. We know your business like no one else and can configure your new system to meet your needs.
- Take advantage of the integration between MYOB’s products to streamline the payroll process and improve efficiency.
- Data migration between two MYOB products is simpler, faster, and cheaper than moving to an independent system.
- Manage your entire payroll from a sophisticated, cloud-based platform with access to different pay groups and frequencies, leave management, and up-to-date tax information.
It is important that you do not leave this process to the last minute.
Provide your organisation with the flexibility to choose the product that best meets your needs and make the transition in a comfortable timeframe. Our team is always available to help you understand your options and provide trusted advice about your next steps.
Migrate to the Cloud with MYOB Acumatica Payroll
Powered by Acumatica, MYOB Acumatica Payroll is the ideal payroll upgrade for your organisation. Its cloud-based technology allows you to access data from anywhere, at any time.
The core benefits of MYOB Acumatica Payroll are:
- A fully-featured, secure, compliant, modern cloud payroll solution that can be accessed from anywhere and at any time,
- It can operate as a standalone payroll solution or can be integrated with MYOB Acumatica Business,
- Enhanced reporting, General Ledger journals, transaction history, audit tracking and more,
- Automatic updates for your system so that you are always using the latest tax rates and thresholds,
- Easily accessible pay records and entitlement history,
- A simplified termination workflow that streamlines final redundancy and resignation payments.
- Employee Self-Service functionality that lets your team update their details, apply for leave, view payslips, and more via a browser or app (available on iOS and Android).
- New onboarding functionality as part of the Employee Self-Service module.
For more information regarding the benefits of MYOB Acumatica Payroll, visit our product page.
Enhanced team management in the cloud
MYOB Acumatica Workforce Management is a module of MYOB Acumatica Payroll and offers higher-level functionality to manage your team. It is a modern employee self-service-based platform with extensive additional features such as automated onboarding, smart rostering, clock-in and clock-out time tracking, leave management, a mobile app, and more.
Taking the Next Steps
Acclaim Group has extensive expertise in supporting MYOB Exo Payroll, MYOB Acumatica Payroll and Employment Hero. We can work along side you to manage the transition to your new cloud payroll system. We will export data from MYOB Exo Payroll into MYOB Acumatica Payroll and can export employee history, contact details, banking details, and leave balances, which streamlines the transition to your new software.
Ready to invest in a modern payroll solution?
Why not get in touch, we’re always keen to catch up for a chat to see how our solutions can fit with your business.
Acclaim Group
Contact Details
Unit 4, 6-8 Omega Street
Albany, Auckland
Phone: +64 9 415 0984
Email: sales@acclaimgroup.co.nz