BGL partners with data conversion specialist
SMSF software provider BGL Corporate Solutions has partnered with a data conversion specialist in order to provide users with the ability to convert bank statements to electronic data.
BGL is collaborating with Noosa, Queensland-based company Jet Convert to enable BGL users to convert PDF bank statements to upload-ready files for Simple Fund 360.
The automated process will also confirm account balances and, where necessary, manually ensure the quality of data.
BGL users receive clean files with only relevant transactions within three business days, BGL managing director Ron Lesh said.
In addition, Jet Convert’s general manager Hugh Butler said the client also receives completion report that “provides statement checks, page checks, balances checks and account checks”.