Case Study: Zenith Payments achieves faster, granular financial reporting with MYOB Advanced

ERP solution integral part of fintech company Zenith Payments’ growth

Zenith Payments, an Australian fintech company, needed a better way to manage its rapidly growing transaction volume and improve financial visibility. Its existing MYOB AccountRight system couldn’t integrate with new online login portals, forcing manual data entry and batch processing of thousands of transactions each week, while limited reporting left the finance team “looking in the rear-view mirror.” MYOB Advanced was the product used to address these challenges.

MYOB implemented MYOB Advanced with help from a business partner, customizing it to handle Zenith Payments’ complex transaction and inventory requirements. The new solution enabled seamless integration, real-time and granular financial reporting, and dramatically reduced month-end close from 20 days to board packs within a week. With MYOB Advanced, Zenith Payments now manages 140,000+ transactions a month more efficiently, supports its 30% year-on-year growth, and makes faster, better-informed expansion decisions.

Zenith Payments

Adam Harris

Chief Financial Officer