BGL Corporate Solutions, developer of Australia’s leading SMSF administration and ASIC corporate compliance solutions, calls on ASIC to remove misleading SMSF are not for everyone flyer and all references to this document from its website.
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“It’s great to have ChangeGPS as part of the BGL Ecosystem”, says Ron Lesh, BGL’s Managing Director. “ChangeGPS provides Australia’s leading tools designed to help automate day-to-day tasks for cloud-based accounting firms. The integration with BGL’s CAS 360 will save our mutual clients time and money, remove complicated data entry and time-consuming chart creation as well as provide efficiency gains and improve the communication with their respective clients by extracting CAS 360 data through our API to automatically generate smart, easy to understand and complete business structure charts”.
Blueprint by ChangeGPS extracts data from BGL’s CAS 360 and creates a structure chart using relationship information. Traditionally, clients find it difficult to understand their business structure and a chart is great but can often take up to an hour to prepare. Using BGL’s API, Blueprint will extract company, trust, super fund, officer, shareholder, beneficiary, unit holder and other entity relationships. Once the data is extracted, users will be easily be able to modify the chart to meet their needs and the needs of their clients. Blueprint is designed to help clients instantly understand the accountant’s advice – making it much easier for them to say “yes” to structure advice. Blueprint can also generate $1,000’s of extra revenue each month.
“We are thrilled to boost our legendary blueprint structure advice with information from BGL’s corporate compliance data set. This will give accountants more time back whilst having powerful information to communicate structure advice to clients” David Boyar, CEO
“At BGL, we are a strong advocate of developing ecosystem partnerships that help our clients to work better with their clients. Partnering with ChangeGPS is an example of two leading technology providers collaborating for the benefit of both our clients”, adds Lesh. BGL currently has over 350 partners in our Ecosystem.
For the July CAS 360 update, we have focused heavily again on Trust management. Our aim has always been to have the best trust management feature set in Australia and New Zealand. Building on our release of Trust relationships in June, our new feature Trust Events takes this to the next level.
This will give you a snapshot of all this information for each trust. Also, as years go by you will be able to add transactions for capital improvements, changes in value and forgiving of loans.
Best of all when any of these transactions takes place, CAS 360 will prepare the required supporting documents, which can then be reviewed by your Partner or Manager and delivered by email to your client for electronic signing.
In this release, we have also added a dedicated Documents tab to each trust allowing users to see all stored documents for each trust and also upload any other documents associated with the trust.
Also, new options have been added when preparing company registers. As CAS 360 supports up to 10 decimal places for unit registers and share registers, we have added an option to allow you to select how many appear, so for those difficult companies or unit trusts that go to 7 or 8 decimal places CAS 360 has you covered.
Users are now also able to select the name order to the Company Members Register & Unitholders Register, users can select to have this register ordered in First Name, Surname or Surname, First Name.
We have also improved the way joint members are ordered on Company Member and Trust Unitholder registers, the joint member will now be ordered by the First Name or Surname of the first representative.
This update also includes improvements to the officer’s screen and updated NZ form 9 template and API improvements.
To gain the most from our new features, attend our webinar on Wednesday, 19 August 2020 at 11:30 AEST. Register Now >>>
To read the full release notes, please visit the BGL Community >>>
BGL is proud to announce closed BETA for its new non-super cloud Investment Portfolio software solution, Simple Invest 360!
“The Team have done a great job through the COVID-19 lockdowns to get Simple Invest 360 to closed BETA many months ahead of schedule” said BGL’s Managing Director, Ron Lesh. “We have had many enquiries from clients who have been looking for a non-super investment solution which provides the same level of automation and AI as Simple Fund 360. Simple Invest 360 is that solution”.
“Leveraging the powerful, award-winning technology of our SMSF admin solution Simple Fund 360, together with our ecosystem of over 300+ automated data feeds, Simple Invest 360 will provide a sensational CGT record-keeping and reporting solution for companies and trusts using our smart artificial intelligence powered categorisation and data capture.” added Lesh.
“Simple Invest 360 is built on the Simple Fund 360 general ledger and CGT engine” noted Lesh. “The team has done a superb job of leveraging the power of Simple Fund 360 with corporate actions and trust distribution automation features of Simple Invest 360 and the power of BGL’s double entry general ledger to make data processing smart, simple and flexible”,
If you would like to participate in the Simple Invest 360 open BETA later in 2020, complete the expression of interest form.
Meet BGL superstar and Account Manager, Damien Gunatillake! Damien has been a BGLer for 2 years and is an essential part of the BGL team.
Not all corporate and trust compliance and SMSF admin software is the same. There are reasons why clients invest in BGL software and why you should be very cautious investing in our competitors software.
I could talk about longevity – BGL has been in corporate and trust compliance and SMSF admin software business over 30 years.
I could talk about our management team – between them they have over 100 years experience in corporate and trust compliance and SMSF software industry
I could talk about the skills of our teams – with so many CA’s CPA’s, MBA’s and SSA’s
I could talk about the awards we have won over the past year – 2019 AFR’s 5th Most Innovative Technology Company or our National Award from Australian Achiever for Australia’s Best Customer Service (in the category of computer systems, software and internet services) or the 2020 FinTech Breakthrough Award for Best Regtech Company.
But I am not, I am just going to talk about product features. And to make it simple for your to compare corporate compliance, trust management and SMSF software solutions, I have created a checklist for you to compare our software products with those of our competitors:
First, ask our Sales Team to SHOW you each of these features in our software.
Second, ask our competitors sales people to SHOW you each of these features in their software. Not TELL you their software has a feature, BUT actually SHOW you the feature and HOW the feature works in their software.
I am confident this comparison will demonstrate to you the HUGE difference between BGL’s software products and those of our competitors.
Last. The one BIG thing that sets businesses apart is great customer service. The BGL Team provides sensational customer service. My team genuinely cares about you – our clients. We don’t care about our share price – because we don’t have one. We do not need to impress analysts and investors – because we don’t have any. The only people we need impress, the only people for whom we need to create remarkable experiences – is you, OUR CLIENTS.
So check out the feature lists, speak to my team, and let us create remarkable experiences for you ad help you create remarkable experiences for your clients.