Skip to main content
Category

CAS 360

CAS 360 Product Update Release – September 2021

By CAS 360, Product UpdatesNo Comments

Hello all and welcome to Spring! We have another BIG CAS 360 update for you!

Don’t forget to join the conversation about this release and so much more on the BGL Community >>>

What's New in CAS 360?

Company Incorporations

Let’s kick off with Company Incorporations. Now you can start using CAS 360 for Company Incorporations, the previously required digital certificate has been removed, all that is required now is a direct debit account with ASIC. 

All company incorporations from CAS 360 are done for the ASIC fee only. It has never been faster or easier to incorporate companies. 

While CAS 360 does not currently have a constitution, we will soon, keep your eyes open.

Minutes and Resolutions

Next, we have made some big improvements to our minutes and resolutions. Share and Unit transactions now show more information about each transaction, including effective dates. We have also added thousands separator commas to all Director, Trustee, Member and Unit holder minutes / resolutions. Share and Unit certificates have also been improved. 

File Upload Security

Security is an important part of all software applications these days and CAS 360 is no exception, we have now added system wide file scanning on all uploaded documents. From this update, every uploaded file will be virus scanned, and you will be notified if the document is marked suspicious.

Report Improvements

Reports have been updated with the People group report now showing more trust relationship information, the Address Usage report now showing all addresses, with the ability to filter the new address types. The Companies Listing report options are now dynamic to your firm’s data (i.e options that are not relevant won’t be shown)

User Interface Improvements

Last and certainly not least we have made a number of interface changes to improve how CAS 360 works. 

Now all screens that have a table (Company, Documents, Annual Reviews etc.) have a sticky header. This means that as we scroll down the page, the headings will stay visible, this is a great improvement. 

We have also redesigned the company notes screens in company selection with a new modern look, and also the SMS messages conversation box has been updated with a fresh new look.

CAS 360 New Features Webinar recap with Alissa Haralambopoulos!

By CAS 360, In the Media, Product UpdatesNo Comments

The CAS 360 New Features webinar held on the 12th of August was jam-packed with some great updates, which you should be aware of!

CAS 360 New Features Webinar recap with BGL’s Product Advocate, Alissa Haralambopoulos!

The CAS 360 new features webinar held on the 12th of August was jam-packed with some great updates – which you should be aware of!

The following is a brief recap of what’s new: 

CAS 360 announced integration with its third Digital Signing provider: FuseSign - this integration went live on 12 August 2021. FuseSign is an Australian application that boasts quite a different price point from other providers, with document packs signed for as low as $0.90 per pack!

From the Company Selection screen, there have been new filters added, you can now filter by company type, eg. foreign companies, super trustee companies. You can also add a column to be able to sort or view by the manager if you are looking after a large number of companies and have them split between managers in the firm.

The ability for View Only users to be able to download the Trust Deed once it’s been uploaded into CAS 360.

Better support for the effective date when transactions take place in the default minutes and resolutions. You’ll also notice large numbers or shares etc. now show with a comma.

Email Settings - When an email is sent from CAS 360 it comes from [email protected] but the custom email address is now available for purchase. There is a process involved with setting this up to ensure this meets internet protocols. It means emails can come from the firm email address. There are limited spots available for this, so if this is something you are interested in, contact your Account Manager.

Documents Outstanding Export - Exports a list of outstanding documents to CSV. This can be done on a global level or on a company by company level.

Updating of System Messages - Attention box newly designed, modernised the look and feel.

Added Trust Meeting Address to meeting usage report.

Added Company Name to the trace number heading track.

Decimal places for dividend statements, meaning you can now select how many decimal places you would like to show.

Trust deeds will also appear under the Documents tab.

When you import data from ASIC via an RA71 or Annual Review it does not import the history, just the data. It will override whatever history is in the software.

6 new features were introduced for completing discretionary trust distributions:
- You can now copy a previous distribution for a prior year if there are only small changes;
- Set the Order of how the names appear on the resolution when using free text, this can be done by both % amount or name.
- Adding the ability to expand the free text size;
- Can add a beneficiary more than once;
- Merge fields were added to improve the look of the distribution minutes.

The team have also been busy implementing some performance gains, whilst these are mainly under the hood they should result in an improvement in the efficiencies.

Looking forward to the next release and will definitely be keeping an eye on what’s to come!

In case you missed it, you can watch the CAS 360 New Features webinar recording below.

Thanks a million – CAS 360 hit 1,000,000 Annual Reviews!

By CAS 360, Homepage, Industry, NewsNo Comments

Thanks a Million!

Last week CAS 360 passed a major milestone, there has now been more than 1 million ASIC Annual Reviews processed in CAS 360!

This is a massive milestone, and we are so thankful to our clients who use CAS 360 every day to complete their corporate compliance work. Without the faith and trust, you have put into the product we would not have come close to this number, we are forever grateful.  

We built CAS 360 with the intention to streamline and automate as much of the corporate compliance job as possible, the Annual Review was always the centerpiece of this. 

CAS 360 has now over a million times automatically downloaded Annual Reviews from ASIC, automatically alerted the user via the Annual Review Alert, automatically compared the data in CAS 360 to ASIC, and after a few clicks generated the Annual Review document pack, email delivered that pack to the company directors, and automatically marked up for digital signing. 

We hope for all of the CAS 360 clients, we have been able to streamline your processes and allow you to spend more time on other meaningful work. Also, we hope that businesses are receiving their documents earlier and signing them easier than ever before. 

We are also so proud to play a part in generating revenue for our clients. If our clients are charging $250 as a service fee for completing the Annual Review, that means… Oh right,  you’re probably an accountant… You know how much has been generated by firms.

Of course, in 2021 we have made this process even more streamlined with the release of Multi Annual Reviews, allowing users to complete their Annual Reviews for the day/week in one simple process. 

However, we are not done with it yet, we have one of our biggest and best innovations yet to come later in 2021, focused on streamlining one more area of the Annual Review process… Stay tuned!

BGL launches integration with digital signing tool FuseSign!

By BGL Update, CAS 360, Simple Fund 360, Simple Invest 360No Comments

Digital Signing, Electronic Signing, Electronic Signature, Company Compliance, Corporate Compliance, Companies, Trust Administration, Trust Management, Trusts, Self-managed Superannuation Fund, Self Managed Super, SMSF, SMSFs, Investment Portfolios

BGL Corporate Solutions, Australia's leading supplier of SMSF administration, ASIC corporate compliance and investment portfolio solutions, is proud to announce CAS 360, Simple Fund 360 and Simple Invest 360 are now integrated with digital signing tool FuseSign by FuseWorks.

“It’s great to add FuseSign to the BGL Ecosystem” said Ron Lesh, BGL’s Managing Director. “FuseSign creates a seamless workflow for BGL clients so that all company, trust, individual and SMSF documents can be digitally signed, speeding up the compliance process and reducing signing times to minutes rather than days for the price of a stamp.

Melissa Voss, Co-Founder and Head of Clients and Partners at FuseWorks, said: “We’re thrilled with this partnership and to be able to offer BGL clients with our Digital Signing tool straight from their platform. I am passionate about automation and helping Accountants to simplify the day-to-day, removing inefficiencies through the power of automation so they can focus on more human tasks, and that is exactly what FuseSign does, it gives your clients a better experience with your brand, saves your business time and money, and it empowers your team to focus on tasks they really enjoy.”

Made for accountants by accountants, FuseSign is an affordable, intuitive and easy to use Digital Signing tool and can be used for all company, trust, individual and SMSF documents prepared by CAS 360, Simple Fund 360 and Simple Invest 360. Recent legislative changes have now made it possible to sign more document types digitally than ever before. The FuseSign process in BGL applications provides a seamless workflow for clients. And recent evaluations of digital signing solutions have proven documents are signed quicker, easier and with much less friction when digital signing solutions are used.

BGL currently has over 350 partners in our Ecosystem and it is great to be able to add FuseSign to the list.

For more information about this sensational integration, visit www.fusesign.com/bgl 

About FuseSign

FuseSign is a digital signing platform like no other. Made by accountants for accountants, it is an elegant solution that simplifies complex tasks, resulting in faster turnarounds, significant cost savings, improved client experience and higher staff engagement.

Digital Signing, Electronic Signing, Electronic Signature, Company Compliance, Corporate Compliance, Companies, Trust Administration, Trust Management, Trusts, Self-managed Superannuation Fund, Self Managed Super, SMSF, SMSFs, Investment Portfolios

CAS 360 Product Update Release – July 2021

By BGL Update, CAS 360, Product UpdatesNo Comments

We are excited to announce a huge CAS 360 update!

Another huge release for our emerging markets with both New Zealand and Singapore getting some great new features!

Australia

Performance Enhancements for all company data screens

In this update we have been able to focus on some under the hood enhancements, including the re-writing of the company data screens. These screens are now more efficient, consistent and faster than ever.

Commas added to all numbers in CAS 360

This has been a request from a number of users over the last few years, and we’re very happy to release this. Now all numbers in CAS 360 will have the correct commas or equivalent based on the currency for $ amounts. 

CAS 360 already has industry leading features when it comes to managing share/unit structures, this will make sorting and searching this information much easier. 

Added Effective Dates

We have made improvements to all our system minutes and resolutions to now include effective dates for all transactions. 

This will make all minutes and resolutions more complete, as all effective dates are clear and consistent. This will also make it easier than ever to prepare multiple transactions with different effective dates on the same minute or resolution. 

Company Type filter added to reports

Users can now filter by company type when preparing a company listing report. This will allow more flexibility when preparing reports. For example a report listing only the foreign companies can now be prepared.  

There have been a number of other improvements including view only users are now able to download trust deeds, UI improvements to both the SMS screen and the Getting Started process. Also all register names in the reports screen have been updated. 

New Zealand

This update includes a number of new and exciting features for AML in New Zealand. 

AML Provider API

First of all we have officially released our identity verification API for identity providers to consume, over the next few weeks we will be meeting with various identity providers and working through the integration.

Our plan has always been to offer an integrated identity verification solution which allows you to use the information already in CAS 360 and get this information verified. 

AML Enhancements

We have also released a number of feature improvements to the Compliance tab for Companies, these include

  • Moved Level of CDD Required to step 4
  • Risk assessments screen enhancements
  • Added information icon to individual sections
  • Added drivers licence expiry
  • Added ability to attach extra individuals to contacts section of Compliance tab
  • Updates to Compliance Report and Compliance Listing report
  • Displaying Shareholder % next to shareholders
  • Improved PEP check logic and added to individual contact record
  • Added ability to upload utility bill or bank statement to verify address details
  • Improved UI for Risk Assessment questions
Performance Enhancements for all company data screens

In this update we have been able to focus on some under the hood enhancements, including the re-writing of the company data screens. 

These screens are now more efficient, consistent and faster than ever.

Commas added to all numbers in CAS 360

This has been a request from a number of users over the last few years, and very happy to release this. Now all numbers in CAS 360 will have the correct commas or equivalent based on the currency for $ amounts. 

CAS 360 already has industry leading features when it comes to managing share structures, this will make sorting and searching this information much easier. 

Added Effective Dates

We have made improvements to all our system minutes and resolutions to now include effective dates for all transactions. 

This will make all minutes and resolutions more complete, as all effective dates are clear and consistent. This will also make it easier than ever to prepare multiple transactions with different effective dates on the same minute or resolution. 

Company Type filter added to reports

Users can now filter by company type when preparing a company listing report. This will allow more flexibility when preparing reports. For example a report listing only the foregin companies can now be prepared.  

There have been a number of other improvements including view only users are now able to download trust deeds, UI improvements to both the SMS screen and the Getting Started process. Also all register names in the reports screen have been updated. 

Singapore

AML Provider API

First of all we have officially released our identity verification API for identity providers to consume, over the next few weeks we will be meeting with various identity providers and working through the integration.

Our plan has always been to offer an integrated identity verification solution which allows you to use the information already in CAS 360 and get this information verified. 

Notice of Registrable Controllers

In this update we have added the ability to prepare the Notice of Registrable Controller for Singapore companies. This can be added from the Company Shareholders screen. 

Registrable Controller notice Types

This update includes support for 4 types of registrable controllers notices. These include

  • Notice for Controllers 386AG(2)(a)
  • Notice for Persons who knows Controllers 386AG(2)(b)
  • Notice for Change in particulars 386AH(1)
  • Notice for Incorrect Particulars 386AI(1)
Registrable Controllers Documents

This update also brings Registrable Controller Documents to CAS 360, these documents include

  • Confirmation Letter
  • Register of Registrable Controllers
  • Notice for Controllers 
    • Notice for Controllers 386AG(2)(a)
    • Notice for Persons who knows Controllers 386AG(2)(b)
    • Notice for Change in particulars 386AH(1)
    • Notice for Incorrect Particulars 386AI(1)
Shareholders quick add

The Shareholders quick add has been updated for Singapore, this now includes important information fields such as Nationality, ID Type, ID Number and the ability to add a passport. 

Register of Auditors

A new Register of Auditors Report has been added to the Company Reports screen, this new register can be prepared for any company and can be dated on any date, allowing any user to prepare the register at the date that is required. 

Performance Enhancements for all company data screens

In this update we have been able to focus on some under the hood enhancements, including the re-writing of the company data screens. 

These screens are now more efficient, consistent and faster than ever.

Commas added to all numbers in CAS 360

This has been a request from a number of users over the last few years, and very happy to release this. Now all numbers in CAS 360 will have the correct commas or equivalent based on the currency for $ amounts. 

CAS 360 already has industry leading features when it comes to managing share structures, this will make sorting and searching this information much easier.

Added Effective Dates

We have made improvements to all our system minutes and resolutions to now include effective dates for all transactions. 

This will make all minutes and resolutions more complete, as all effective dates are clear and consistent. This will also make it easier than ever to prepare multiple transactions with different effective dates on the same minute or resolution.

Other improvements

There have been a number of other improvements made to CAS 360 Singapore, these include updating company dates when an Annual Return payment has been completed, improvements to the Register of Nominee Directors, improvements to the Annual Return Listing Report, new validations on the Auditors screen, Improved AGM & Annual Return date calculator, ACRA Company Extracts will now import the financial year end date and enhancements to the ‘Getting Started UI’. 

CAS 360 Software Update Release June 2021

By BGL Update, CAS 360No Comments

There is no other way to describe this release… It’s a whopper! In CAS 360 Version 65 we bring a heap of new features across Australia and New Zealand while completing our Open Beta feature set for CAS 360 Singapore.

Custom Sender Email Address

You can now use a specific email address when sending emails from CAS 360!

Since the launch of CAS 360 all emails have been sent from [email protected], now you have the ability to use your own email address to have the emails sent from. 

The feature does require some setup and we have provided a help article here >>>

The feature does also have a once-off setup cost of $550 inc GST.

New Document Listing Report

You can now export a listing of all Documents inside CAS 360 at the click of a button!

This export will allow you to download a .csv file, once you have opened the file in MS Excel you will be able to use all the powerful filtering and sorting features in MS Excel to create the document listing report of your dreams.

Trust Distributions

We know it’s that time of year so we have developed a number of new features for discretionary trust distributions to help you complete this work quickly and efficiently!

Specify order – For all three distributions types ‘$’, ‘%’ and ‘Free Text’ distributions you can specify an order on each income component, this order will then be used when preparing the distribution resolution. 

In addition to this, you can now add the same beneficiary twice, when they are receiving two amounts for the same income type. The ‘Free Text’ field has been expanded, and more merge fields have been added so you can make the distribution resolutions look perfect. 

Also if the distributions don’t change from year to year, we have now added the ability to copy a previous distribution. Simply open ‘Review Distributions’ and click ‘Copy’.

Document Review

You can now set who the email is sent from when the document has been through a review!

A new drop-down menu has been added to the email settings screen allowing the user to set the sender as the ‘preparer’ of the documents or as the ‘reviewer’ of the documents.

Dividend Enhancements

Two new improvements to preparing dividends in CAS 360 with the implementation of a new decimal places drop down and the ability to ‘set all TFNs as provided’.

We have also added ‘Manager’ to the selectable options in the Company Selection screen columns, added Trust Deeds to the Trust Documents screen, improved the UI for all system messages and now we will show the user name of the user when overwriting company data with ASIC information.

Trust Distribution with CAS 360

By CAS 360, IndustryNo Comments

Trust Distribution with CAS 360

As 30 June quickly approaches, we enter the familiar and sometimes frantic phase of the year where tax planning becomes front & centre. 

Reviewing family groups, company performance, and projecting how they might end the year, enables firms with the opportunity to plan, and ensure their clients are in the best tax position possible. 

But did you know that you could be generating all your Trust Distribution statements from CAS 360?

Recently we ran a webinar on the benefits of managing your Trusts in the software. The ability to generate unit registers, unit certificates, capture trust events, and most importantly for this time of year, generate your distribution statements and declaration of distribution. 

In order to get your trusts into CAS 360, you have the option of manually setting them up, however, if you’re also managing the corporate trustee for the trust in CAS 360, the beneficiary details, addresses etc, will already be in your software, so it will make adding these details a breeze. 

Alternatively, we have a template that can be downloaded, you then provide us with the details for all your trusts, and we will complete a bulk import into CAS 360 for you.  

The document templates are customisable also, so once your trusts are in, you are able to download the template and adjust as necessary, personalising the content and the experience for your clients. 

Dividend statements can also be prepared from within CAS 360, another wonderful tool to be utilising at this time of year if you have companies declaring year-end dividends. 

With both of these options, you can also enable the use of Digital signing, using either DocuSign or Adobe sign, both integrated with CAS 360.

If you didn’t get the chance to catch the Trust Distribution with CAS 360 webinar, check it out >>>

CAS 360 Software Update Release April 2021

By BGL Update, CAS 360No Comments

Introducing Multi Annual Reviews Processing!

In the April 2021 CAS 360 release we have focused on improving the most commonly used feature in CAS 360, the Annual Review.

Since the launch of CAS 360 we have focused on completing Annual Reviews quickly, while still treating them with the care and attention that is required to make sure the information you deliver to your clients is correct and shows the quality of your firm’s work.

In this update, you can now process these Annual Reviews in bulk. Allowing the processing of the Annual Reviews to be done once. Per day, per week or per month.

It starts with being able to select all the Reviews you want to process in bulk, you can do this easily from the new drop down menu. You can focus on just the Reviews that are “Passed” or all Reviews ready to process.

Once the Companies are selected, you are now ready to process the Reviews. We have developed a new Multi Company Document production process; step 1 is to select the document pack and templates for each company. This also includes great existing features, such as Digital Signing, Document Order and Annual Review deadline alerts.

Once you are ready to proceed, CAS 360 will then validate all companies and all document templates in the background, a huge task across so many companies, and if there are any validation issues you are able to correct these issues in the workflow, without leaving.

Once the validations have all passed, you are now ready to proceed to see who you are sending the reviews out to. As part of this process we will show you who is going to receive the review for each company. Again, we have built in validations of email addresses, and users are able to add email addresses from within the workflow.

We have also built in the manager review process, if these reviews are required to be signed off, then this process has also been included.

Once the reviews have been sent to the client, you will receive a new notification that allows you to track the progress of the Annual Review delivery. This is a new notification!

The Multiple Annual Reviews Tracking screen will also show you each company, and a delivery status per recipient, so you can have confidence that each client has received their Annual Review.

Watch our video below to see this incredible new feature in action!

CAS 360 launches in Singapore!

By BGL Update, CAS 360, In the Media, Industry, News, TechnologyNo Comments

BGL is proud to announce the launch of the CAS 360 Company Compliance Solution in Singapore!

“The CAS 360 team has been working tirelessly to build CAS 360 Singapore”, said Ron Lesh, BGL’s Managing Director. “I’m excited to announce the BETA version is now available for our Singapore clients. CAS 360 Company Compliance and Trust Management software will help Singapore company compliance professionals streamline their processes with innovative and unique technology. It will save them heaps of time so they can focus on their many, many other responsibilities.”

“BGL is the first business approved by Singapore’s Accounting and Corporate Regulatory Authority (ACRA) to lodge Company Annual Returns electronically in Singapore” added Lesh. “Our CAS 360 Team has worked tirelessly with ACRA to help make the Singapore electronic filing system work for software providers. The first stage is Annual Returns and company data downloads with the electronic lodgement of company change documents available later in 2021.”

“CAS 360 Singapore supports the preparation of the forms and documents required for Company Address, Company Officers and Company Shareholder changes in Singapore” noted Lesh. “CAS 360 also supports the Singapore XBRL for the preparation and lodgement of XBRL Financial Statements with ACRA. CAS 360 is the complete package and will provide the same incredible efficiencies for our Singapore clients as we do for 500,000+ companies in Australia”.

BGL has been operating in Singapore for over 20 years and has over 400 businesses using our market-leading CAS Desktop Singapore software. “CAS 360 is the natural progression for our clients” says Lesh

“As a trusted company with over 30 years of experience and innovation in Regtech, BGL can guarantee our clients will always be compliant with ACRA’s requirements”.

CAS 360 Great News!

By BGL Update, CAS 360No Comments

CAS 360 Singapore Company Compliance Software Released to Beta!

For the March 2021 release of CAS 360 we have completed our beta development for CAS 360 in Singapore, and we are very excited to be putting CAS 360 in the hands of a number of beta firms in Singapore.

CAS 360 Singapore, is hosted in Singapore through our infrastructure partner Amazon Web Services (AWS)

CAS 360 Singapore has some amazing features, never before seen in Singapore. CAS 360 is approved for electronic filing of the Singapore company annual return with ACRA. This is done through the seamless filing project. This unlocks huge efficiency gains for CSPs as they can now complete the filing without leaving CAS 360.

We have also added full document support for Company Address, Company Officers and Company Shareholder changes in Singapore.

The April CAS 360 Singapore release will also see some fantastic features, more on that next month.

For CAS 360 New Zealand, we have released a series of new features and improvements. We have continued to build our AML / CDD functionality with the introduction of a new AML / CDD compliance report, and a new AML / CDD compliance listing report.

CAS 360 New Zealand March 2021 update also sees improvements to company imports, improved shareholder imports, improved share transactions being filed to Companies Office, and a few more.

While this release focuses more on CAS 360 Singapore and CAS 360 New Zealand, the CAS 360 Australia team has been hard at work with improvements to adding emails in document production, improved information hovers for trustee companies, enhancements to trust information in Address Usage report and Trust vesting date being added to the Trust Listing Report.

We have a huge new feature for Australia & New Zealand set to drop in early April, this one has taken a few months to develop, and when you see it, you will know why. Oh, and you will be able to complete Annual Reviews/Returns faster than ever before…

See you in April 🙂