Industry

Published by Australian Fintech on 02 August 2023
Click here to read on the Australian Fintech website

BGL Corporate Solutions (BGL), Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment management software, has announced the BETA release of its AI powered paper-to-data software solution, BGL SmartDocs 360.

“I’m thrilled to announce the BETA release of BGL SmartDocs 360,” said Ron Lesh, BGL’s Managing Director. “This sensational addition to the BGL cloud product suite is a testament to our product development teams’ outstanding efforts and dedication. I couldn’t be prouder of their hard work developing this innovative and unique paper-to-data solution.”

BGL SmartDocs 360 is a multi-award winning, AI powered paper-to-data solution that helps businesses unlock their full potential by transforming unstructured data into smart digital data.

The solution provides both Retail and Developer (no-code AI) solutions, meaning it can be integrated into any software solution or used by any business to convert paper into data. The Developer solution was released to BETA in October 2022.

“We initially developed BGL SmartDocs as part of our existing compliance offerings, Simple Fund 360 and Simple Invest 360,” continued Lesh.

“BGL SmartDocs reads PDF or image files, extracts the information and converts it into useful digital data using artificial intelligence, saving our clients a huge amount of time and money while dramatically reducing errors and improving efficiency. As the SmartDocs technology evolved, we realised it could provide a solution for many businesses leading to the creation of BGL SmartDocs 360.”

“What makes BGL SmartDocs 360 so exciting and unique is that it uses artificial intelligence with advanced deep learning algorithms to process documents. BGL SmartDocs 360 learns from documents submitted through its training engine, unlike other solutions that require the creation of templates for each document layout. Once BGL SmartDocs 360 has learnt the document type (it takes approximately 10 documents of a type), it will permanently process the document type even if the document itself changes in layout. The document can be either a PDF or an image.”

“The AI data identification capability of BGL SmartDocs 360 allows businesses dealing with high document volumes, such as accountants, SMSF and investment administrators, to easily upload or email documents for automated processing,” concluded Lesh.

As a flagship product, BGL SmartDocs 360 positions BGL to expand its global reach by delivering a paper-to-data solution to organisations across the globe and industries seeking to streamline operations and improve efficiency.

BGL released BGL SmartDocs 360 to BETA at BGL REGTECH, Sydney on 1 August 2023.BGL REGTECH is BGL’s annual event that this year is focused on helping its clients Retain, Educate and Grow. Both the retail and developer BGL SmartDocs 360 solutions are now in BETA, with a commercial release planned for the not-too-distant future.

Published by Australian Fintech on 01 August 2023
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BGL Corporate Solutions (BGL), Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment management software, has announced the promotion of Nadine Freitag to Head of People and Culture.

The announcement was made at BGL REGTECH, Sydney on 1 August 2023. BGL REGTECH is BGL’s annual event that this year is focused on helping its clients Retain, Educate and Grow. Recently, Freitag was appointed to the BGL Executive Team.

“I am so proud of Nadine and excited to see her take on this new role,” said Daniel Tramontana, BGL’s Chief Executive Officer. “Nadine’s passion for fostering a supportive work environment and dedication to our team’s well-being aligns perfectly with BGL’s core values. I have no doubt Nadine will play a pivotal role in leading BGL into the future.”

Since joining BGL in 2021 as People and Culture Manager, Freitag has been instrumental in implementing various initiatives to advance career development, mental health and well-being at BGL. “Nadine’s efforts over the past 2 years have significantly strengthened our exceptional workplace culture. With her can-do attitude and unwavering commitment to BGL’s betterment,

Nadine represents everything that makes us great,” continued Tramontana. Freitag’s qualifications include a Diploma in Human Resources Management and qualifications in Strategic HR Planning from the Australian Institute of Management. She is also a Certified Strengths Profile Practitioner and Mental Health First Aider, who is dedicated to fostering a positive and supportive work environment.

“I’m excited to be given this opportunity and very much looking forward to embarking on this next chapter of my BGL journey,” said Freitag. “Ron and Daniel’s belief in my abilities and support has been the driving force behind this achievement, along with my awesome team, who have been my biggest supporters over the past 2 years. Comfort zones are a beautiful place, but nothing ever grows there and I’m always keen for a challenge, so here goes!”

Published by Australian Fintech on 28 July 2023
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BGL Corporate Solutions (BGL), Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment management software, has announced the promotion of Warren Renden to General Manager – CAS 360, Ecosystem and Brand.

The appointment comes 2 weeks after BGL introduced a seven-person Executive Team, which includes Renden.

“It has been a pleasure to watch Warren grow and thrive with us both personally and professionally since he joined BGL in 2007,” said Ron Lesh, BGL’s Managing Director. “His journey has been one of growth and exceptional dedication, and I could not be prouder to see him take on this new role.”

A highly experienced Product Manager, Renden has a Bachelor of Commerce in Accounting, Finance and Financial Planning from Deakin University and qualifications in Applied Project Management from the Australian Institute of Management.

Renden has been a member of the ASIC Business Advisory Committee and the ATO Digital Service Providers Strategic Working Group and is currently a member of the DSPANZ Government Digital Services Committee.

During his 16 years at BGL, Renden has had a number of roles, including Support Consultant, Product Trainer, CAS Desktop Product Manager and Head of CAS 360.

“As General Manager – CAS 360, Ecosystem and Brand, I will wear many hats, overseeing BGL’s CAS 360 product, Ecosystem platform, Partnerships, Marketing and Events teams as well as being part of the BGL Executive Team,” said Renden. “I am extremely grateful for the opportunity and looking forward to exciting times ahead.”

Daniel Tramontana, Chief Executive Officer at BGL, said, “Warren’s work has touched thousands of BGL users. He is passionate and determined in every sense and is regarded as one of the industry greats. I’m very excited about the opportunities that await Warren and BGL.”

Published by Australian Fintech on 13 July 2023
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BGL Corporate Solutions (BGL), Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment management software, has announced the appointment of an Executive Team of exceptional talent to drive strategic growth and innovation.

“I’m so proud of each member of the BGL Executive Team,” said Ron Lesh, BGL’s Managing Director. “Comprised of seven individuals with a combined total of 123 years of service at BGL, these leaders bring extensive experience and unwavering dedication to driving BGL’s strategic growth and innovation. Our products, clients and team could not be in better hands.”

The purpose of the BGL Executive Team is to deliver on the strategic and operational requirements of BGL. With a strong emphasis on growth and development, their goal is to retain, educate and grow our people, clients, partners and the industries in which we work. By maintaining core values and a commitment to exceptional products and experiences, the team aims to achieve sustained growth across all facets of the business.

Introducing the members of the BGL Executive Team:

Ashley Avileli – Chief Technology Officer

Admired and respected for his can-do approach and profound IT knowledge, Ashley and his team keep our BGL cloud software running every day of the year.

Adriana Cavallo – Head of Customer Experience (APAC)

Widely admired within the industry, Adriana is a focused and committed individual who is customer-obsessed and instrumental in delivering remarkable experiences to BGL clients.

Nadine Freitag – People and Culture Manager

With an extraordinary commitment to the betterment of BGL, Nadine is instrumental in developing BGL’s team while strengthening the company’s exceptional workplace culture.

Ron Lesh – Founder and Managing Director

Having started BGL in 1989, Ron’s commitment to building great products together with great people, teams and culture has been the key to BGL’s success.

Warren Renden – Head of CAS 360

With a relentless focus on product, team and client experience, Warren exceeds client expectations and advocates for BGL and its clients across multiple external boards.

Jeevan Tokhi – Head of Simple Fund 360

Respected in the industry for his profound impact, knowledge and professionalism, Jeevan is a strategic thinker with an incredible ability to deliver exceptional outcomes for BGL and its clients.

Daniel Tramontana – Chief Executive Officer

With a great passion for leadership and dedication to the BGL team, clients and community, Daniel has been instrumental in the growth and success of BGL.

Daniel Tramontana, Chief Executive Officer at BGL, said, “As we venture into the next season of BGL, we are super excited about the opportunities ahead. We will continue to build great products. We will deliver exceptional client experiences and moments. And we will do this with the highest level of gratitude and respect for the countless clients (some across 4 decades) who continue to support us with an unwavering belief that inspires us to be the best version of ourselves.”

Published by Australian Fintech on 03 July 2023
Click here to read on the Australian Fintech website

BGL Corporate Solutions, Australia’s leading provider of company compliance, self-managed superannuation fund (SMSF) and investment management software, has announced the release of the 2023 SMSF Annual Tax Return in its SMSF administration software solution, Simple Fund 360.

“I am continually impressed with our Simple Fund 360 team,” said Ron Lesh, BGL’s Managing Director. “Since 1 January 2023, they have delivered 6 significant updates, including support for the 2023 SMSF Annual Return 6 weeks before the end of the financial year and even SBR electronic lodgment before 30 June 2023.”

Released on 18 May 2023, the Simple Fund 360 tax time update supports the 2023 SMSF Annual Tax Return, complete with all the required supporting schedules and electronic lodgment to the ATO from 1 July 2023. SBR electronic lodgment has also been switched on following ATO system updates. Support for newly registered funds and funds winding up for the 2023 Annual Return is also supported.

BGL’s free open API was also updated, allowing clients to seamlessly send the 2023 SMSF Annual Tax Return from Simple Fund 360 to Xero Tax and LodgeiT for lodgment.

On 15 June 2023, BGL released Part 2 of its tax time update, which includes support for the 2023 Trust and Company Income Tax Returns in its accounting, investment, and tax software, Simple Invest 360. SBR electronic lodgment is also available.

Jeevan Tokhi, Head of Simple Fund 360 at BGL, said, “Over the past 12 months, our product teams have released new client-driven features and enhancements every 3-4 weeks with innovative technologies like BGL SmartDocs, which uses artificial intelligence to extract data from PDF documents. When you add it all together, it’s easy to see why our compliance solutions are miles ahead of the competition.”