Wednesday, 21 August 2019 15:16

MYOB scores Bunnings exclusive, launches rewards program

By
MYOB general manager of product Dave Weickhardt MYOB general manager of product Dave Weickhardt

Accounting software provider MYOB has announced a deal with Bunnings that will simplify bill processing for their mutual customers, plus a rewards program for the MYOB PayBy payments service.

Around a year ago, MYOB added a feature that allows small businesses to have invoices from participating suppliers sent directly to their MYOB in tray for processing. The latest company to join the scheme is Bunnings.

Bunnings is "the single biggest invoicer in Australia," MYOB general manager of product Dave Weickhardt told a media briefing shortly before the start of the MYOB Connect partner conference in Melbourne this morning.

"They don't integrate with anyone else," he added.

Other companies that are part of the scheme are HVAC supplier Actrol, petrol seller Caltex, HVAC supplier Metalflex, office products retailer Officeworks, and plumbing suppliers Tradelink and Reece.

Weickhardt noted that the list is heavily weighted towards the trades sector – even more so with the addition of Bunnings – but made no apology because they are the small businesses most likely to need to recharge items to their customers.

MYOB also announced today the new MYOB Rewards program.

To be launched in October, MYOB Rewards allows small businesses to accumulate points by paying their bills with credit cards via the MYOB PayBy service.

This service allows bills to be paid using debit or credit cards even though the payee does not otherwise accept card payments. It works by transferring the funds to the payee's nominated bank account.

MYOB Rewards points will be redeemable for flights, accommodation, digital gift cards, or in payment of business expenses.

"We are excited about the joyful moments MYOB Rewards will give small businesses day to day," said Weickhardt.

The scheme is funded from the surcharge applied to PayBy payments, he told iTWire.

In related news, MYOB is preparing to introduce low-cost debit card options for supplier and payroll payments. These transactions will not accrue MYOB Reward points.

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Stephen Withers

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Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

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