MYOB Group Limited

03/02/2026 | Press release | Distributed by Public on 03/01/2026 15:52

MYOB rolls out suite of AI products to power up SME productivity

Leading business management solutions provider MYOB is rolling out an ecosystem of impact-led AI agents and AI-powered features in its product portfolio, designed to produce incremental time savings by taking the effort out of SME compliance and cashflow.

Expertly integrated within everyday workflows, the market-first AI helps SMEs and their advisors level up by predicting customer behaviour, providing real time cashflow insight and supporting in seamless compliance prep from day one of every quarter.

MYOB CEO Paul Robson said the rollout of MYOB's AI strategy would be powerful for SMEs, where small improvements quickly add up to big results.

"We are focused on investing our innovation in areas we know will drive maximum value for our customers and partners, directed by MYOB's deep knowledge of what makes Australian and New Zealand businesses more successful.

"This is a decisive leap in AI. We're targeting business pain points ready for reinvention and transforming how customers and partners operate, unlocking a step-change in productivity through efficiency and insight. Smart AI application is the engine of this vision."

AI BAS

To support approximately 2.61 million GST-registered small businesses, MYOB's AI BAS solution is Australia's first agentic BAS offering, acting as a powerful partner for sole traders, SMEs, accountants and bookkeepers in the preparation of the quarterly BAS lodgment.

Initially available to sole traders, MYOB AI BAS makes suggestions on BAS treatments for transactions and flags anomalies for small businesses and their advisors to review and resolve.

AI BAS then produces a pre-populated report with BAS lodgment totals for the accountant or bookkeeper's review.

AI Business Insights

Designed to equip businesses with advanced intelligence, MYOB's AI Business Insights feature will provide interactive charts and commentary that allow businesses to identify patterns and establish areas which need attention. The feature plainly tells the story behind the numbers, providing easy to digest explanations for businesses to convert into growth.

Accountants and bookkeepers are given added advantage through the surfacing of meaningful trends and performance drivers for clients, enabling richer advisor-led conversations.

Smart Reconciliation

MYOB's Smart Reconciliation AI feature matches bank feed transactions to categories automatically and auto-reconciles for the user based on their chosen schedule. This enables a real time understanding of expenditure and cashflow position while eliminating unnecessarily time-consuming administrative tasks. AI machine learning will learn from user behaviour to determine the correct category.

Advisors are handed cleaner files to review and submit, meaning they are always compliance ready.

Smart Invoice Reminders

MYOB's Smart Invoice Reminders prepares suggested actions based on late payer behaviour to enable smarter cashflow control. The feature provides tone suggestions for communications and customisable scheduling of automatic reminders, saving the business owner time and effort while allowing advisors to confidently provide a clearer view of a client's cashflow.

Late payments are a consistent pain point for SMEs, with 18% of respondents stating they are a cause of extreme pressure in the November 2025 edition of MYOB's Bi-Annual Business Monitor.

Paul said the launch of new AI enhancements demonstrated MYOB's focus on shaping the future of work, empowering businesses to operate with greater intelligence, speed and confidence.

"We are focused on designing products that prioritise the responsible and secure application of AI in workflows that makes the most sense to real life business, meeting our customers where they are in their AI journey while delivering exceptional technology experiences.

"AI will completely change the game for small businesses and their advisors, powering up productivity and accelerating innovation beyond anything we've seen before. This is just the start of a new era for Australia's economic engine room, the nation's 2.6 million small businesses, and MYOB is excited to be at the forefront of it."

The new suite of AI agents and features are at various stages in beta, progressively rolling out across MYOB's product portfolio, including Solo by MYOB, MYOB Business Lite and Pro and AccountRight.

More information on feature availability and opportunities to trial the technology can be found here: AI Accounting Software: MYOB AI.

About MYOB

MYOB is a leading provider of cloud-based business management solutions with a core purpose of helping more businesses in Australia and New Zealand to start, survive and succeed. MYOB's next-generation technology platforms deliver end-to end solutions for people and finance through to tax, supply chain, projects, employees and customers, empowering businesses with 0 to 1000 employees alongside a network of accountants, bookkeepers and consultants. For more information visit myob.com or follow MYOB on LinkedIn. 

Collette Betts, Head of Corporate Affairs, MYOB M: 0419 110 178 / E: [email protected]

MYOB Group Limited published this content on March 02, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 01, 2026 at 21:52 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]