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June 17, 2018

Financio Finds a Home with Microsoft Azure

Financio, a product of Asian Business Software Solutions, brings small business accounting automation to Malaysia and other countries, redefining how small business owners handle accounting and tax tasks, bringing accounting software to the next level.

Asian Business Software Solutions Pte Ltd (ABSS), formerly known as MYOB South Asia, is a leading business solution provider for small and medium enterprises across Asia. 

Currently servicing more than 300,000 SMEs across Asia, ABSS offers a range of products and services that simplify accounting, customer payments and digital marketing.

ABSS Develops the MYOB Brand in Asia

MYOB, acronym for Mind Your Own Business, is an Australian multinational corporation that provides tax, accounting and other services to small and medium businesses. MYOB expanded its operation to South East Asia in 1993. Its subsidiary, MYOB South Asia business was acquired by ABSS in 2009, which made ABSS the exclusive developer and supplier of MYOB branding accounting software in the region. In 2015, the acquisition enabled ABSS to help customers to utilise their existing MYOB accounting software by offering additional services that plug directly into their accounting software.

In March 2017 ABSS purchased startup accounting automation software company Financio  to help startups, micro and small businesses to manage their accounts.

Now developed by Asian Business Software Solutions Sdn Bhd (ABSS), a subsidiary of Censof Holdings Bhd, the software is a user-friendly, cloud-based, with no accounting knowledge needed to operate.

Online Solutions Growing in the Region

ABSS will introduce Financio in Singapore by June 2018, followed by Hong Kong, the Philippines and Indonesia in September.

ABSS engaged the services of ozBeanz (Malaysia) Sdn Bhd after 3 years partnering with ozBeanz (Singapore) Pte Ltd) to deliver a world class infrastructure platform to deliver Financio to the Asian region. 

In September 2018, the Financio back-end was migrated to Microsoft Azure with zero interruption to existing users. The online application is now delivered to an ever growing customer base from Microsoft Cloud infrastructure in Singapore. 

The solution is built on a range of resources including WebApps, Virtual Machines, Database tools, Recovery Services Groups, Azure Storage and Log Analytics.

ozBeanz (Malaysia) Sdn Bhd is a Tier-1 Direct Cloud Solutions Provider and provides direct support to ABSS and the Financio team for building and growing their customer base.

Asian Business Software Solutions - Malaysia
Small & Medium Business Accounting Software Applications
Financio Online Accounting Application
50 to 100 Employees
Microsoft Azure Platform Infrastructure

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