Enprise disputes MYOB retrospectively decreasing margins
1 August 2022
Enprise disputes MYOB retrospectively decreasing
margins
AUCKLAND, 1 August 2022 - Enprise Group (NZX: ENS) advises that MYOB
have purported to reduce margins. Enprise initiates dispute resolution process
Kilimanjaro Consulting support the largest MYOB Exo install base of any partner in
Australia or New Zealand.
MYOB have purported to retrospectively reduce the margins that Kilimanjaro
Consulting receives on existing sales of MYOB Exo software. The impact of the
purported reduction of 42.86% would be approximately $935,000 per annum. This
would significantly impact the support services that Kilimanjaro Consulting is able to
deliver to their MYOB Exo software customers.
The board rejects the assertion by MYOB that they are able to unilaterally alter these
margins. Enprise has advised MYOB of its intention to formally dispute this purported
decrease in fees.
Elliot Cooper
Chief Executive Officer
Enprise Group Limited
0275615501
Ends.
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- EBO — EBOS Group Limited: Results of Meeting2022-10-27
“EBOS Group Limited. NZBN 9429031998840 108 Wrights Road, Christchurch, New Zealand, 8024 Level 7, 737 Bourke Street, Docklands, Victoria 3008, Australia Phone: +61 3 9918 5555, Fax: +61 3 9918 5588. www.ebosgroup.com 27 October 2022 NZX/ ASX Code: EBO Results of EBO…”
- MEL — Meridian Energy Limited: EA’s Code amendments for large electricity contracts2022-08-17
“Release M e r i d i a n E n e r g y L i m i t e d ( A R B N 1 5 1 8 0 0 3 9 6 ) A c o m p a n y i n c o r p o r a t e d i n N e w Z e a l a n d 287 - 2 9 3 D u r h a m S t r e e t N o r t h , C h r i s t c h u r c h 8 0 1 3 m e r i…”
- EBO — EBOS Group Limited: Performance Rights Update2022-08-22
“EBOS Group Limited. NZBN 9429031998840 Level 7, 737 Bourke Street, Docklands, Victoria 3008, Australia. Phone: +61 3 9918 5555, Fax: +61 3 9918 5588. www.ebosgroup.com 22 August 2022 NZX/ASX Code: EBO Performance Rights Update EBOS Group Limit…”