Accounting software vendor, MYOB has revealed that during December 2014, it achieved a new record figure of 500,000 regular paying customers.
About 116,000 of these were Cloud subscribers.
The software vendor also stated that more than two thirds (67 per cent) of its new SME product registrations were Cloud subscriptions for the quarter ending December 31. In comparison to the same time last year, 48 per cent were Cloud subscriptions.
“The uptake of our Cloud solutions is driving growth of total paying and online users,” MYOB SME solutions general manager, James Scollay, said.
MYOB provides solutions and support for more than 1.2 million businesses in A/NZ and its SME solutions include MYOB AccountRight, MYOB Essentials and MYOB BankLink.