ABSS Holding Company File Hostage
May 30, 2023

ABSS Holding Company File Hostage

Anonymous | TrustRadius Reviewer
Score 1 out of 10
Vetted Review
Verified User

Overall Satisfaction with MYOB

Accounting, stock management
  • stock checking
  • accessibility to company file

Do you think MYOB delivers good value for the price?

No

Are you happy with MYOB's feature set?

No

Did MYOB live up to sales and marketing promises?

No

Did implementation of MYOB go as expected?

No

Would you buy MYOB again?

No

After years of using the Premier software, MYOB changed to ABSS and we were suddenly forced to verify the company file every few months, otherwise it turns into a 'Read-only' file. This became increasing difficult, when the online verification was no longer an option and could only be done by international phone call. As time progressed the company file verification became increasingly more often. In the last year, the telephone verification process tells me that our serial number does not exist. This means more time wasted trying to track down a representative that could verify our serial number and allow us to verify the file. After numerous phone calls our company file would be activated and the serial number would now work through the telephone verification. So this means they are deliberately deactivating the serial number and reactivating it when it suits them.
Now we have been informed that they will no longer be able to verify the company file in the near future and to get access to our data, I will have to purchase a one-time only upgrade. This is criminal. They are holding our company data hostage if we do not pay them additional money.

MYOB Feature Ratings

Accounts payable
Not Rated
Accounts receivable
Not Rated
Cash management
Not Rated
Bank reconciliation
Not Rated
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated