MYOB joins SMSF admin provider to offer new service
Accounting software provider MYOB has entered an agreement with an SMSF administration provider to offer daily bank feeds.
The new service will be available to users of Supercorp’s superMate SMSF solution and will provide daily feeds for over 75 banks, building societies and credit unions.
Supercorp chief executive Kurt Groeneveld said data automation has been the “buzz word of the SMSF administration landscape for several years”.
“While, to date, previous solutions have linked together several direct and intermediary feeds to offer a limited solution, through our new agreement with MYOB, we are the first to offer a single vendor, comprehensive list of fully automated bank data feeds within the SMSF market,” said Mr Groeneveld.
Supercorp will work directly with its clients to assist them in identifying bank accounts that will benefit from this new service.
“Clients can start establishing new authorities immediately, ready to receive bank data from 1 July,” he said.
MYOB general manager for SME solutions James Scollay said he was delighted to welcome SuperCorp to the MYOB family of companies that provide data feeds to accountants and clients.
“The secure data feeds will enable Supercorp to assist accountants in providing sound financial management and advice for their clients,” he said.
Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.
Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates. Miranda has also directed SMSF Adviser's print publication for several years.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.