BGL is proud to announce its Simple Fund 360 and Simple Invest 360 solutions are now integrated with Australian cryptocurrency tax software, Syla, to automate cryptocurrency transaction data for SMSF, company, individual and trust portfolios.
We are excited to announce another spectacular CAS 360 update!
We are excited to announce another sensational Simple Fund 360 and Simple Invest 360 update! You can check out the full release notes and join the conversation in the BGL Community.
The BGL Melbourne Office (HQ) will be closed for the following public holidays: Good Friday (Friday 7 April), Easter Monday (Monday 10 April), ANZAC Day (Tuesday 25 April).
This week, team BGL attended Accountex Australia. There were many great moments.
Written by Josh Needs
Published by Accountants Daily on 15 March 2023
Click here to read on Accountants Daily website
BGL Corporate Solutions has added a feature to its SmartDocs software, Email to Fund, that uses AI to send documents and their data to corresponding BGL software.
Managing director Ron Lesh said the product was a result of hard work and dedication from the firm’s software development team.
“This release is a unique achievement by our big data and Simple Fund 360 product teams, who have dedicated more than two years to the project,” said Mr Lesh.
“Clients can now email documents directly into their Simple Fund 360 and Simple Invest 360 software where BGL SmartDocs will extract the data, automatically code and attach the source document to the transaction.
“No other SMSF administration or accounting software offers this exceptional technology.”
The firm said its SmartDocs document reader used AI technology with optical character recognition to extract information from bank statements, contract notes, dividend and distribution notices, rental statements and invoices.
Head of Simple Fund 360 Jeevan Tokhi said the added SmartDocs features would make it much easier for those running portfolios through the software.
“With the new BGL SmartDocs features each SMSF, trust, company and individual portfolio in Simple Fund 360 and Simple Invest 360 will have a unique email address for accountants, advisers, administrators or trustees to send documents,” said Mr Tokhi.
“When BGL SmartDocs extracts the document data, it will automatically search for the corresponding transaction within the entity (SMSF, trust, company or individual) and attach the source document to it.”
“The most exciting feature, however, is that the data auto-fills transaction details in the smart matching screen for uncoded bank transactions, eliminating the need for clients to create data rules.”
Mr Lesh said the release was the next step in the firm’s goal of developing zero-touch technology.
“It will eliminate the administrative burden of analysing, checking and storing hundreds of documents annually for SMSFs and investment portfolios,” he said.
“It also bolsters the existing transaction matching and AI-powered smart matching in Simple Fund 360 and Simple Invest 360.”
The firm will demonstrate the feature at Accountex in Sydney this week.
BGL provides services to over 9,500 businesses across Australia, New Zealand, Hong Kong and the UK with clients ranging from major accounting firms to individual trustees.
Published by Australian Fintech on 14 March 2023
Click here to read on the Australian Fintech website
BGL Corporate Solutions, Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment portfolio management software, announced the release of Email to Fund – a unique new feature of its AI-powered document-to-data solution, BGL SmartDocs. BGL SmartDocs is fully integrated with BGL’s multi-award-winning SMSF administration and portfolio management solutions, Simple Fund 360 and Simple Invest 360.
“This release is a unique achievement by our Big Data and Simple Fund 360 Product Teams, who have dedicated more than 2 years to the project,” said Ron Lesh, BGL’s Managing Director.
“Clients can now email documents directly into their Simple Fund 360 and Simple Invest 360 software where BGL SmartDocs will extract the data, automatically code and attach the source document to the transaction. No other SMSF administration or accounting software offers this exceptional technology.”
As part of BGL’s Simple Fund 360 and Simple Invest 360 software, BGL SmartDocs is a document reader that uses AI technology with optical character recognition (OCR) and advanced deep learning algorithms to extract information from many document types including bank statements, contract notes, dividend and distribution advices, rental statements and invoices. It converts the document into digital data, streamlining the workflow process.
Jeevan Tokhi, Head of Simple Fund 360 at BGL, said, “With the new BGL SmartDocs features, each SMSF, trust, company and individual portfolio in Simple Fund 360 and Simple Invest 360 will have a unique email address for accountants, advisers, administrators or trustees to send documents. The documents can also be uploaded via the software, Engage by BGL (our mobile app) or via the BGL API. Documents are then automatically added to Document Management in the software.”
“When BGL SmartDocs extracts the document data, it will automatically search for the corresponding transaction within the entity (SMSF, trust, company or individual) and attach the source document to it,” explained Tokhi. “The most exciting feature, however, is that the data auto-fills transaction details in the Smart Matching screen for uncoded bank transactions, eliminating the need for clients to create data rules.”
“This release is the next step in the evolution of our zero-touch technology,” added Ron Lesh FCA. “It will eliminate the administrative burden of analysing, checking and storing hundreds of documents annually for SMSFs and investment portfolios. It also bolsters the existing transaction matching and AI-powered Smart Matching in Simple Fund 360 and Simple Invest 360.”
BGL SmartDocs is currently reading two million pages per month and loading the extracted data into Simple Fund 360 and Simple Invest 360.
BGL will be at Accountex in Sydney this week. Visit the BGL booth A32 to watch a live demonstration of this new BGL SmartDocs Email to Fund feature!
Published by SMSF Adviser on 13 March 2023
Click here to read on the SMSF Adviser website
BGL has released a new email to fund feature called Email to Fund, as part of it AI-powered document-to-data solution, BGL SmartDocs.
BGL managing director Ron Lesh said clients will now be able to email documents directly into their Simple Fund 360 and Simple Invest 360 software where BGL SmartDocs will extract the data, automatically code and attach the source document to the transaction.
BGL SmartDocs is a document reader that uses AI technology with optical character recognition (OCR) and advanced deep learning algorithms to extract information from many document types including bank statements, contract notes, dividend and distribution advices, rental statements and invoices. It converts the document into digital data, streaming the workflow process.
BGL head of Simple Fund 360, Jeevan Tokhi explained that with the new BGL SmartDocs features, each SMSF, trust, company and individual portfolio in Simple Fund 360 and Simple Invest 360 will have a unique email address for accountants, advisers, administrators or trustees to send documents.
“The documents can also be uploaded via the software, Engage by BGL (our mobile app) or via the BGL API. Documents are then automatically added to Document Management in the software,” said Mr Tokhi.
When BGL SmartDocs extracts the document data, it will automatically search for the corresponding transaction within the entity (SMSF, trust, company or individual) and attach the source document to it, he explained.
“The most exciting feature, however, is that the data auto-fills transaction details in the Smart Matching screen for uncoded bank transactions, eliminating the need for clients to create data rules,” he stated.
Mr Lesh said the release was the next step in the evolution of BGL’s zero-touch technology.
“It will eliminate the administrative burden of analysing, checking and storing hundreds of documents annually for SMSFs and investment portfolios. It also bolsters the existing transaction matching and AI-powered Smart Matching in Simple Fund 360 and Simple Invest 360,” he said.
BGL is proud to announce the release of ‘Email to Fund’ – a unique new feature of its AI-powered document-to-data solution, BGL SmartDocs.
Published by XU Magazine on 10 March 2023
Click here to read on the XU Magazine website
BGL Corporate Solutions, Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment portfolio management software, announced the release of Email to Fund – a unique new feature of its AI-powered document-to-data solution, BGL SmartDocs. BGL SmartDocs is fully integrated with BGL’s multi-award-winning SMSF administration and portfolio management solutions, Simple Fund 360 and Simple Invest 360.
“This release is a unique achievement by our Big Data and Simple Fund 360 Product Teams, who have dedicated more than 2 years to the project,” said Ron Lesh, BGL’s Managing Director.
“Clients can now email documents directly into their Simple Fund 360 and Simple Invest 360 software where BGL SmartDocs will extract the data, automatically code and attach the source document to the transaction. No other SMSF administration or accounting software offers this exceptional technology.”
As part of BGL’s Simple Fund 360 and Simple Invest 360 software, BGL SmartDocs is a document reader that uses AI technology with optical character recognition (OCR) and advanced deep learning algorithms to extract information from many document types including bank statements, contract notes, dividend and distribution advices, rental statements and invoices. It converts the document into digital data, streamlining the workflow process.
Jeevan Tokhi, Head of Simple Fund 360 at BGL, said, “With the new BGL SmartDocs features, each SMSF, trust, company and individual portfolio in Simple Fund 360 and Simple Invest 360 will have a unique email address for accountants, advisers, administrators or trustees to send documents. The documents can also be uploaded via the software, Engage by BGL (our mobile app) or via the BGL API. Documents are then automatically added to Document Management in the software.”
“When BGL SmartDocs extracts the document data, it will automatically search for the corresponding transaction within the entity (SMSF, trust, company or individual) and attach the source document to it,” explained Tokhi. “The most exciting feature, however, is that the data auto-fills transaction details in the Smart Matching screen for uncoded bank transactions, eliminating the need for clients to create data rules.”
“This release is the next step in the evolution of our zero-touch technology,” added Ron Lesh. “It will eliminate the administrative burden of analysing, checking and storing hundreds of documents annually for SMSFs and investment portfolios. It also bolsters the existing transaction matching and AI-powered Smart Matching in Simple Fund 360 and Simple Invest 360.”
BGL SmartDocs is currently reading two million pages per month and loading the extracted data into Simple Fund 360 and Simple Invest 360.
BGL will be at Accountex in Sydney this week. Visit the BGL booth A32 to watch a live demonstration of this new BGL SmartDocs Email to Fund feature!
© 2023 BGL Corporate Solutions Pty Ltd.
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