BGL links with Auditflow
Specialist Self Managed Superannuation Funds (SMSF) software supplier, BGL Corporate Solutions, has integrated its Simple Fund 360 product with Auditflow and their intelligent audit workpapers.
The new integration, announced this week, is claimed to give Simple Fund 360 users the ability to load data from Simple Fund 360 into Auditflow, threby significantly reducing the amount of time it will take SMSF auditors to complete their work.
Commenting on the arrangement, BGL managing director, Ron Lesh said it had reflected demand from client firms for a means to streamline their audit process.
“We released Auditflow for Simple Fund Desktop a few weeks ago and we know this has already created a stir among our clients who want to add efficiencies to their audit process. This latest change mean our Simple Fund 360 clients can benefit from the same automation as our Simple Fund Desktop clients,” he said.
“This is the first step of the Simple Fund 360 Auditflow integration. BGL is also working with Auditflow to develop integration using the Simple Fund 360 Application Programing Interface (API)” Lesh said. “BGL sees integration with our API as the future for all integration with the BGL 360 suite of products”.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.