Cirrus8

Cirrus8 has been selected as an ABA100® Winner for Process Improvement in The Australian Business Awards 2022. The Australian Business Award for Process Improvement [BPI] recognises organisations that have successfully implemented initiatives that demonstrate excellence in business process improvement.

Cirrus8 is the only Australian owned and based cloud solution in the specialist commercial property accounting space. Being cloud-based is more important now than ever before, as working remotely becomes the norm. Since launching in 2016, the company has experienced exponential growth. From 18 clients in 2017, Cirrus8 now has 215 (as of 06.04.2022), a 92% increase, and growing. Cirrus8’s customer base includes commercial real estate agents, funds managers, syndication groups and commercial property owner/managers. Having started in Western Australia, it is estimated that Cirrus8 now provides the software to at least 75% of the West Australian market. After a hugely successful FY2021, and growing to over 2500 users across Australia, the company is preparing to head offshore to New Zealand in July of this year. Demonstrations of the software are currently being given to New Zealand companies who have reached out.

Cirrus8 is headed by directors who have upwards of 30 years of working in commercial real estate (as a property manager, founder, director and in sales) and trust accounting. This allows a personal insight into the needs of the client base – both users (property managers and trust accountants) and company leaders who may not regularly use the software themselves.

The commercial property market is significantly more complicated than residential but there is a lack of software that recognises and specialises in meeting these specific needs. Many of Cirrus8’s new users have been making do for years with outdated server-based software or residential systems that do not have the flexibility and power to properly manage and account for the complicated demands of commercial property management. Cirrus8 was created for the purpose of meeting these needs and has quickly become the go to solution where overseas software once dominated. Cirrus8 is the only browser-based solution in the commercial property market with the sophistication and flexibility to provide automated solutions to the pain points other systems fail to address. The commercial property market, unlike the residential market, has been slow to make the most of technology. Many tasks have remained laborious and manual for too long due to major software providers failing to utilise the latest technology. A primary goal of Cirrus8 is to resolve this issue through creating a seamless, end-to-end solution. To do this, the system integrates with several other SaaS products that are used on a day-to-day basis by property managers and trust accountants.

For information about Cirrus8, visit cirrus8.com.au

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