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Spyre group - Australia

Spyre Group adopts Sage Intacct to simplify financial management and reporting

Growing Australian property developer finds a better, scalable way of doing business with Sage.
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Finding the secret to running a leaner finance process

Founded in 2008, Spyre Group has grown from a family business into a successful development group with multiple entities, stakeholders, and investors. After outgrowing their legacy system, Spyre Group needed a new financial management platform to bring together consolidated reporting and manage multiple large project budgets, helping to control costs and reduce financial risk.

We needed to break down the silos between 14 entities, improve visibility for cost control and reduce the ‘death-by-spreadsheet’ consolidation for monthly or ad hoc reporting.

Michael Ryall
CFO, Spyre Group

Growing business with a better financial management platform

Spyre required a scalable, 'out-of-the-box' financial management platform to give stakeholders a faster, clearer picture of the company's financial position each month. Partners Thrive Technology introduced Spyre Group to Sage Intacct, which brought automation and real-time consolidation to their processes, freeing up time for the finance team to focus on the bigger picture.

Previously we struggled doing ad hoc reports as they were requested because the system just made it too hard. I can now present reports live on screen, and instantly drill down where there are variances we need to investigate.

Michael Ryall
CFO, Spyre Group

Helping Spyre Group thrive now, and in the future

Thrive Technologies helped Spyre configure and implement Sage Intacct. Consolidated reporting times were reduced by 80%, leaving stakeholders with more time to focus on strategy and the future. Reports were more detailed, frequent, and could be presented at multiple levels, drilling down further to look at costs for efficient and accurate financial management.

Sage Intacct has helped us reduce month-end consolidations from five days to one day, so we spend less time wrangling spreadsheets and more time on business improvement.

Michael Ryall
CFO, Spyre Group

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