BGL worked on the application of AI for its market-leading, cloud-based platform, Simple Fund 360, for two years. The goal for BGL was to integrate an AI personal assistant with Simple Fund 360 to support the labor-intensive pre-audit process. This, in turn, would help accountants improve productivity—reducing costs further—and lower transaction categorization errors.
The new integration allows firms using AccountKit to see CAS 360 company Annual Review status, document deadlines, ASIC company debt list and documents awaiting lodgement in ASIC in CAS 360 from inside AccountKit. Additionally, users will now be able to bring up clients records showing data across XPM, AccountKit, CAS 360 and Simple Fund 360.
The accounting profession is younger than ever, more gender equal, and continually growing, according to new ATO data, disproving doomsday prophets who argue that technology will kill off the industry.
BGL is proud to announce an industry first integration with Smarter SMSF – allowing CAS 360 and Simple Fund 360 clients to purchase Smarter SMSF documents from within their BGL software.
In order to prevent mental burnout and promote a healthy and resilient brain, implement these five simple yet powerful daily habits.
Accountants continue to rank highly amongst the most trustworthy professions, with face-to-face interactions vital in developing trust despite digital uptake.
It’s clear that both the bookkeeping and accounting professions and how they work together are changing but what does the future hold for this partnership?
A reminder to all our registered agents to be aware of the potential for credit card fraud, both for themselves and their customers. Recently, we’ve received a number of reports of stolen credit card details being used to register companies or make payments for companies on behalf of people.
Registered agents play a big role in educating and assisting companies to manage their business obligations. By ensuring that these companies meet their obligations, they are positively contributing to Australia’s economic wellbeing.