The acceleration of machine learning and artificial intelligence will eventually lead to zero touch transaction matching for SMSFs and enable software to analyse superannuation and taxation rules, a major SMSF software firm has predicted.
“This is really the start of something fantastic” said BGL Managing Director Ron Lesh. “We have been building this resource for a while and are really proud to release the first stage to clients.”
“The BGL Client Resource Marketplace will become a one stop shop for the SMSF and corporate compliance industry” noted Lesh. “Some of the current resource categories include actuarial certificate providers, auditors, audit workpapers, incorporations, legal documents, licensing support, life insurance, investment review and advice platforms, practice management solutions and, SMSF and Trust establishments. More categories and partners will be added over the next 12 months as we continue to develop this resource.”
BGL has also now added six actuarial certificate providers to Simple Fund 360 including Accurium, Act2, Haintz, Heffron, Verus and most recently Lime Actuarial. More actuaries will be added over the next few months. Additionally, BGL has updated its life insurance implementation with AIG to make the process simpler and more transparent for clients.
“Recent changes to the BGL Application Programming Interface (API) have also lead to a flurry of activity from our document providers” says Lesh. “ ACIS, Cleardocs, Smarter SMSF and Topdocs have all updated their integration with Simple Fund 360 and CAS 360 by adding automated 2 way processes, providing new levels of efficiency for our clients”.
“BGL has experienced significant growth over the past few months” stated Lesh. “Simple Fund 360 is now the preferred SMSF solution for over 3,700 firms representing almost 250,000 funds with almost 130,000 funds loaded on the platform while CAS 360 is the preferred corporate compliance solution of almost 900 firms with almost 200,000 companies loaded. The hard work by my team has certainly paid off over what is traditionally quiet period”.
BGL will showcase the Client Resource Marketplace and new integrations at the 2018 SMSF Association National Conference at the ICC in Sydney from 14-16 February 2018 and invite all SMSF administrators and accountants to visit its team at Stand Number 57 to find out why BGL applications are the leaders of the pack.