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Monthly Archives

July 2023

BGL appoints Executive Team to drive strategic growth and innovation

By Australian FinTech, In the Media, IndustryNo Comments

BGL appoints Executive Team to drive strategic growth and innovation

BGL Corporate Solutions (BGL), Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment management software, has announced the appointment of an Executive Team of exceptional talent to drive strategic growth and innovation.

“I’m so proud of each member of the BGL Executive Team,” said Ron Lesh, BGL’s Managing Director. “Comprised of seven individuals with a combined total of 123 years of service at BGL, these leaders bring extensive experience and unwavering dedication to driving BGL’s strategic growth and innovation. Our products, clients and team could not be in better hands.”

The purpose of the BGL Executive Team is to deliver on the strategic and operational requirements of BGL. With a strong emphasis on growth and development, their goal is to retain, educate and grow our people, clients, partners and the industries in which we work. By maintaining core values and a commitment to exceptional products and experiences, the team aims to achieve sustained growth across all facets of the business.

Introducing the members of the BGL Executive Team:

Ashley Avileli – Chief Technology Officer

Admired and respected for his can-do approach and profound IT knowledge, Ashley and his team keep our BGL cloud software running every day of the year.

Adriana Cavallo – Head of Customer Experience (APAC)

Widely admired within the industry, Adriana is a focused and committed individual who is customer-obsessed and instrumental in delivering remarkable experiences to BGL clients.

Nadine Freitag – People and Culture Manager

With an extraordinary commitment to the betterment of BGL, Nadine is instrumental in developing BGL’s team while strengthening the company’s exceptional workplace culture.

Ron Lesh – Founder and Managing Director

Having started BGL in 1989, Ron’s commitment to building great products together with great people, teams and culture has been the key to BGL’s success.

Warren Renden – Head of CAS 360

With a relentless focus on product, team and client experience, Warren exceeds client expectations and advocates for BGL and its clients across multiple external boards.

Jeevan Tokhi – Head of Simple Fund 360

Respected in the industry for his profound impact, knowledge and professionalism, Jeevan is a strategic thinker with an incredible ability to deliver exceptional outcomes for BGL and its clients.

Daniel Tramontana – Chief Executive Officer

With a great passion for leadership and dedication to the BGL team, clients and community, Daniel has been instrumental in the growth and success of BGL.

Daniel Tramontana, Chief Executive Officer at BGL, said, “As we venture into the next season of BGL, we are super excited about the opportunities ahead. We will continue to build great products. We will deliver exceptional client experiences and moments. And we will do this with the highest level of gratitude and respect for the countless clients (some across 4 decades) who continue to support us with an unwavering belief that inspires us to be the best version of ourselves.”

Simple Fund 360 Trustee Edition Software Subscription Renewal Fee Increase – 1 October 2023

By BGL Update, Simple Fund 360No Comments

BGL will increase the Simple Fund 360 Trustee Edition software subscription renewal fee from 1 October 2023.

BGL has not increased the Simple Fund 360 Trustee Edition software subscription fee since the product was first launched in 2014.

Over the past 9 years, the Simple Fund 360 Team has released updates every 3 weeks with hundreds of new features, enhancements and compliance changes.

The time has therefore come to increase the Simple Fund 360 Trustee Edition software subscription fee.

From 1 October 2023, the Simple Fund 360 Trustee Edition software subscription renewal fee will increase from $200.00 plus GST to $250.00 plus GST. 

If you have questions regarding your BGL software subscription, please reply to this email or call your Account Manager on 1300 654 401.

BGL first to release 2023 SMSF Annual Tax Return

By Australian FinTech, In the Media, IndustryNo Comments

BGL first to release 2023 SMSF Annual Tax Return

BGL Corporate Solutions, Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment management software, has announced the release of the 2023 SMSF Annual Tax Return in its SMSF administration software solution, Simple Fund 360.

“I am continually impressed with our Simple Fund 360 team,” said Ron Lesh, BGL’s Managing Director. “Since 1 January 2023, they have delivered 6 significant updates, including support for the 2023 SMSF Annual Return 6 weeks before the end of the financial year and even SBR electronic lodgment before 30 June 2023.”

Released on 18 May 2023, the Simple Fund 360 tax time update supports the 2023 SMSF Annual Tax Return, complete with all the required supporting schedules and electronic lodgment to the ATO from 1 July 2023. SBR electronic lodgment has also been switched on following ATO system updates. Support for newly registered funds and funds winding up for the 2023 Annual Return is also supported.

BGL’s free open API was also updated, allowing clients to seamlessly send the 2023 SMSF Annual Tax Return from Simple Fund 360 to Xero Tax and LodgeiT for lodgment.

On 15 June 2023, BGL released Part 2 of its tax time update, which includes support for the 2023 Trust and Company Income Tax Returns in its accounting, investment, and tax software, Simple Invest 360. SBR electronic lodgment is also available.

Jeevan Tokhi, Head of Simple Fund 360 at BGL, said, “Over the past 12 months, our product teams have released new client-driven features and enhancements every 3-4 weeks with innovative technologies like BGL SmartDocs, which uses artificial intelligence to extract data from PDF documents. When you add it all together, it’s easy to see why our compliance solutions are miles ahead of the competition.”