Key benefits:
Live financial data. Reports that previously took days to compile are now available instantly, allowing leadership to make proactive, data-driven decisions.
Eliminating manual data entry and streamlining payroll processing, reducing errors and saving hours of work.
Seamless integration with existing systems
Synaco by Synergie has grown into a leading name in Australia’s recruitment industry, connecting businesses with skilled talent across sectors including manufacturing, logistics, technology, and construction. Since its founding, the company has expanded rapidly through strategic acquisitions and organic growth, but with that expansion came operational challenges.
As the company scaled from a $60-$70 million turnover to nearly $200 million, it became clear that their existing financial and payroll systems needed an upgrade. Managing payroll for up to 1,700 candidates per week and servicing 400 clients across the country required a more robust, scalable solution.
“We were experiencing rapid growth, and our existing systems just couldn’t keep up,” says Nick Romanello, Financial Controller at Synaco.
“We needed a solution that would allow us to handle increasing complexity, streamline reporting, and future-proof the business as we continued to expand.”
Outgrowing legacy systems
For years, Synaco had been using MYOB AccountRight, a trusted system that had served them well. However, as the business evolved, it became clear there was a need for an ERP solution.
“Our business was growing so fast that we were constantly playing catch-up,” explains Nick. “Extracting detailed reports took too long, and our data entry processes were manual and time-consuming. By the time we got the numbers, they were already outdated.”
The company needed a scalable platform that would improve efficiency, provide real-time financial insights, and integrate seamlessly with other systems. The goal was clear: reduce administrative overhead, improve decision-making, and support ongoing expansion.
Finding the right fit with MYOB Acumatica
After evaluating various ERP solutions, Synaco chose MYOB Acumatica as the platform that could meet its evolving needs.
“When we started looking for a new system, MYOB Acumatica stood out for its ability to scale with us,” says Nick. “It was cloud-based, had a strong API for seamless integrations, and could handle the complexities of our growing business.”
Key factors that influenced their decision included:
Cloud-based architecture: Allowing the team to access financial data from anywhere, improving collaboration and operational flexibility.
Advanced automation: Eliminating manual data entry and streamlining payroll processing, reducing errors and saving hours of work.
Real-time financial reporting: Providing up-to-date insights, enabling smarter decision-making and strategic planning.
Scalability: Ensuring the platform could grow with the business, especially as they continued acquiring new companies and expanding internationally.
Seamless implementation and immediate benefits
The transition to MYOB Acumatica was completed in record time, thanks to careful planning and support from MYOB’s implementation team.
“We had a fantastic team supporting us,” says Nick. “The implementation took just three months, and we went live without having to run two systems in parallel. It was a smooth transition, and the post-go-live support has been excellent.”
One of the key time savings came from automating financial processes. Previously, reconciling loan accounts took up to six hours per session — a process that is now completed automatically.
“That one automation alone has saved us entire workdays over the course of a month.”
— Nick Romanello, Financial Controller at Synaco.
Unlocking new efficiencies and business insights
Since implementing MYOB Acumatica, Synaco has seen significant improvements in efficiency, financial management, and reporting.
Payroll processing made simple: With 1,500 to 1,700 candidates being paid weekly, automating payroll has saved the finance team countless hours.
Live financial data at their fingertips: Reports that previously took days to compile are now available instantly, allowing leadership to make proactive, data-driven decisions.
Better cash flow management: Automated invoicing and accounts receivable tracking ensure smooth cash flow and reduce delays in payments.
Seamless integration with third-party apps: MYOB Acumatica’s open API allows Synaco to integrate with existing platforms like Elixir and ProSpend, further enhancing efficiency.
“Having real-time visibility over our financials has been a game-changer,” Nick explains. “Our directors can now log in at any time and see exactly where we stand. That level of transparency is invaluable.”
Future-proofing the business for further growth
With MYOB Acumatica in place, Synaco is well-positioned to continue its aggressive growth strategy, which includes expanding into New Zealand and beyond.
“We’ve already gone from $100 million to $200 million in turnover, and we’re aiming to hit $500 million in the next few years,” says Nick. “Knowing that MYOB Acumatica can handle that level of scale gives us enormous confidence.”
Looking ahead, the team is focused on optimising their use of the system and integrating even more automation into their workflows.
“The beauty of MYOB Acumatica is that it doesn’t just solve today’s problems — it’s a long-term solution that evolves with us. We’re not just keeping up with growth; we’re getting ahead of it.”
— Nick Romanello, Financial Controller at Synaco.
A strong partnership with MYOB
Beyond the technology itself, Synaco has benefited from the ongoing partnership with MYOB’s Customer Success team. Regular strategic business reviews ensure that the company continues to get the most out of the platform.
“Our MYOB account manager, Andy, has been fantastic,” says Nick. “Anytime we have questions or need support, we know we have someone who understands our business and can provide tailored recommendations.”
The partnership has also helped Synaco explore new tools and integrations that complement MYOB Acumatica.
“We’ve worked closely with the MYOB team to identify additional solutions, whether that’s AI-powered automation or new reporting tools,” Nick explains. “It’s a true partnership, not just a software provider relationship.”
A winning formula for fast-growing businesses
“If you’re serious about scaling and want a system that can grow with you, MYOB Acumatica is a no-brainer,” says Nick. “It’s helped us future-proof our operations, improve efficiency, and make better business decisions.”
For any business experiencing rapid growth, the message from Synaco is clear: the right technology makes all the difference.
“Don’t wait until you’re drowning in spreadsheets and outdated reports. Invest in a system that will carry you into the future. For us, that system is MYOB Acumatica.”
— Nick Romanello, Financial Controller at Synaco.
Ready to scale your business?
If your business is growing fast and needs a powerful, cloud-based ERP solution, MYOB Acumatica could be the answer. Find out how MYOB can help you scale with confidence.
