CORRECT: MYOB sees online strategy helping fend off rivals after three-year turnaround

Thu, 14 May 2015

(Clarifies online customer uptake in 3rd graph in story from May 14) By Paul McBeth May 14 (BusinessDesk) - MYOB Group, the Australian payment solutions software developer that floated on the ASX this month, says it is confident its move to online products has been nimble enough to protect market share from upstart rivals such as Xero. The Melbourne-based company has shifted its focus from desktop software to web-based services to head off the challenge from cloud-based rival Xero, which has seen its fastest growth in MYOB's main marke...

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