Silverfin has partnered with MYOB to offer a cloud-first solution to accounting firms in Australia and New Zealand, as the industry increasingly adopts AI and compliance automation.

Date – 06-Aug-2024

Silverfin, a leader in cloud-first accounting and compliance solutions, has announced a 10-year exclusive partnership with MYOB, a top business management platform in Australia and New Zealand. This strategic alliance underscores Silverfin’s commitment to global expansion by introducing its advanced, AI-powered financial reporting, work papers, and advisory tools to new markets.

Under this partnership, Silverfin will integrate its cutting-edge technology into MYOB’s platform, offering tailored solutions that address the compliance and regulatory needs of the Australian market. The collaboration aims to revolutionize accounting compliance, providing enhanced data accuracy, forecasting analytics, actionable insights, and automated file reviews.

Lisa Miles-Heal, CEO of Silverfin, commented: “Artificial Intelligence is set to transform client accounting compliance and advisory, from improving data accuracy to delivering forecasting analytics and actionable insights. Our goal is to integrate these digital advancements in a way that supports and elevates the role of accountants. Partnering with MYOB allows us to enhance performance today while shaping the future for accountants across Australia.”

The integration will offer features such as a centralized data hub, an AI assistant for automated file reviews, analytics tools for trend identification and client benchmarking, and collaboration capabilities, all designed to provide a unified source of truth for client files and reviews.

MYOB CEO, Paul Robson, added: “We are thrilled to partner with Silverfin to accelerate the delivery of an integrated, cloud-first suite of solutions for Australian accountants. Silverfin’s leadership in technology-driven accounting solutions and proven track record make this collaboration a significant step forward. Together, we will empower local accountants with innovative tools to excel in a digital age.”

This partnership exemplifies Silverfin’s global relevance and its dedication to advancing accounting practices worldwide, aiming to enhance the performance of over one million businesses through its next-generation solutions.