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BGL’s Simple Fund 360 wins SMSF software award 3 years in a row

By Australian FinTech, In the Media, IndustryNo Comments

Published by Australian Fintech on 18 October 2022
Click here to read on the Australian Fintech website

BGL’s Simple Fund 360 wins SMSF software award 3 years in a row

BGL Corporate Solutions, Australia’s leading provider of self-managed superannuation fund (SMSF), investment portfolio and company compliance management software, is proud to once again win the SMSF software category of the ‘selfmanagedsuper’ and CoreData SMSF Service Provider Awards.

“This is a sensational achievement by the BGL team. I could not be prouder of each and every one of them,” said Ron Lesh, BGL’s Managing Director. “In 2022, BGL has also received industry recognition from SMSF Adviser Awards for SMSF Software Provider of the Year, International Business Awards® for Most Innovative Company of the Year, Global Excellence Awards for Most Innovative Compliance Software Solutions Provider (Australia), Titan Business Awards for Most Innovative Company of the Year and FinTech Breakthrough Awards for Best RegTech Solution, among many others.”

Presented by ‘selfmanagedsuper’ and research house CoreData, the SMSF Service Provider Awards cover 16 categories related to investments and services available to SMSFs. The awards are based on a survey of industry participants conducted between July and September 2022 of 240 advisers and accountants who advise on and/or administer SMSFs.

Jeevan Tokhi, Head of Simple Fund 360, said, “This award recognises why Simple Fund 360 is the number 1 SMSF administration software in the market. The entire BGL team continues to provide best-of-breed technology and exceptional service. We look forward to delighting our clients with some exciting updates later this year.”

Launched in 2014, Simple Fund 360 software uses sophisticated artificial intelligence (AI) powered technologies for smart data capture, categorisation and review – simplifying the process of transaction processing for SMSFs and providing incredible efficiencies for clients.

Simple Fund 360 integrates with BGL’s CAS 360, Simple Invest 360 and many industry-leading practice management solutions while providing integrated accounting workpapers, digital signing, 350+ data feeds, registry integration, sophisticated portfolio reporting and BGL SmartDocs – BGL’s award-winning industry-leading paper-to-data solution. And for the accountants, Simple Fund 360 includes a proper double-entry general ledger.

Simple Fund 360 is used by almost 7,500 businesses administering over 260,000 SMSFs representing 43% of the 605,000 SMSFs in Australia. This adviser-voted award solidifies the position of Simple Fund 360 as Australia’s leading SMSF administration software solution.

October 18, 2022
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BGL joins Global Victoria on technology trade mission

By Australian FinTech, In the Media, IndustryNo Comments

Published by Australian Fintech on 11 October 2022
Click here to read on the Australian Fintech website

BGL joins Global Victoria on technology trade mission

BGL Corporate Solutions, Australia’s leading provider of self-managed superannuation fund (SMSF), investment portfolio and company compliance management software, have announced they are to be part of a Global Victoria technology trade mission to Asia’s most exciting big data, analytics and artificial intelligence event Big Data & AI World, Singapore.

“We were honoured to be invited by Global Victoria, the Victorian Government’s trade facilitation agency, to join this trade mission and attend the Big Data & AI World event in Singapore,” said Ron Lesh, BGL’s Managing Director. “Being selected to exhibit at the Global Victoria pavilion with 15 other illustrious Victorian companies offering cutting-edge technological solutions is a remarkable achievement for BGL.”

The award-winning Big Data & AI World event in Singapore, held on 12-13 October 2022, convenes and connects data and AI innovators, technologists and business leaders to help make data-driven decisions and intelligently shape their businesses.

“This event is a fantastic opportunity for BGL to showcase our latest product in development, Smart Docs 360,” continued Lesh. “BGL’s Chief Operating Officer, Daniel Tramontana, and Head of Development, James Luo, will be at the Global Victoria Pavilion S10 to demonstrate this incredible technology in person.”

Smart Docs 360, currently in closed beta, is an all-in-one, artificial intelligence (AI) powered cloud software solution that helps businesses unlock their full potential by transforming their unstructured data into smart digital data.

“We initially developed BGL Smart Docs to be part of our existing compliance offerings,” said Lesh. “As a module in Simple Fund 360 and Simple Invest 360, BGL Smart Docs reads PDF or image files, extracts the information and converts it into useful digital data using artificial intelligence. Document types include invoices, bank statements, dividend or distribution statements, broker buy and sell notes and many others. BGL Smart Docs is currently reading two million pages per month and loading the data extracted from those documents into Simple Fund 360 and Simple Invest 360, saving our clients a huge amount of time and money while dramatically reducing errors and improving efficiency.”

“As the Smart Docs technology evolved, we realised it could be used across many industries, leading to the creation of BGL Smart Docs 360, which will be available as a retail and developer (no-code AI) solution.”

If you’re attending the Big Data & AI World event in Singapore, visit BGL’s Chief Operating Officer, Daniel Tramontana and Head of Development, James Luo, at the Global Victoria Pavilion S10.

To register your interest in BGL Smart Docs 360, visit www.bglcorp.com/smart-docs-360.

October 11, 2022
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BGL offers company secretary induction course

By Accountants Daily, In the Media, NewsNo Comments

Written by Josh Needs
Published by Accountants Daily on 27 September 2022
Click here to read on Accountants Daily website

The free training supplies participants with an understanding of core duties and legal responsibilities, said the firm.

BGL Corporate Solutions is offering a free online company secretary course for accountants and others unfamiliar with the role.

Managing director of BGL, Ron Lesh, said he was pleased the firm was able to supply the education tool.

“We’re excited to offer this free live training course to help those new to a company secretary role find their feet in a complex and ever-changing compliance landscape,” said Mr Lesh.

“BGL has over 30 years of experience in the corporate compliance space and has developed this course to share its knowledge and expertise with the community and help pave the way for the next generation of company secretaries and administrators.”

The firm said that the course — Company Secretary 101: A Beginner’s Guide — would be useful for new ASIC registered agents, accountants, and administrators or those wanting to refresh their skills.

The course aimed to provide participants with an understanding of the core duties, legal responsibilities, tasks and activities of a company secretary and will provide attendees with two CPD hours.

Head of CAS 360 at BGL, Warren Renden, said the course could also help participants better understand the software.

“We developed CAS 360 to be the complete tool for managing company compliance requirements,” he said.

“This new training course will give participants an overview of company secretary duties, so they may better grasp their roles and responsibilities.”

BGL said the role of a company secretary was essential in monitoring and governing how a business operated and ensuring it remained compliant with corporate law.

The position involves maintaining a registered office and reporting any changes for the company to ASIC and because of its critical nature a company’s secretary could be subject to several legal obligations and duties.

Founded in 1983, BGL Corporate Solutions started with only two employees and has grown to become one of the largest developers of compliance software in the world, with more than 180 employees globally.

BGL provides cloud-based company compliance management, SMSF and portfolio administration software to over 8,000 businesses in 15 countries.

BGL’s clients range from major accounting and law firms to financial planners, as well as individual SMSF trustees.

September 27, 2022
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