MYOB has today announced the launch of its long awaited LiveAccounts, the company's offering in the rapidly expanding cloud accounting space.  With Saasu and Xero as established players in the online space in Australia, and MYOB dominant as a provider of desktop solutions to SMEs, the next few months is shaping up to be very interesting indeed.

MYOB have positioned LiveAccounts as a product designed for "sole traders and very small businesses . . . suitable for micro businesses, start ups and those who are still running their accounts manually".  Does this mean that MYOB are aiming to avoid going head to head with Saasu & Xero, who's products are aimed at businesses from micro through to medium?  Maybe . . . or maybe MYOB are avoiding going head to head with their own desktop solutions.

And the question you all want answered - how does LiveAccounts stack up against the solutions already available?  Certainly MYOB have launched with a competitive price - having floated $35 per month as recently as May, the go live price is just $25 per month, cheaper than the cheapest Xero product (priced at $29) and identical to Saasu's "Pro" product (Saasu also have a free product, although this is limited to just 20 transactions per month). 

But how about the range of functions?  Too early to give a considered opinion, but I can see a very busy weekend coming up for me reviewing and comparing these products!  So check this blog in a few days (or still better subscribe to our RSS feed), I will put up a side by side comparison of these 3 (and maybe some other) products.

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