BGL announces integration with practice management software firm
SMSF software firm BGL has announced a two-way integration with GreatSoft, which provides practice management software solutions to accounting firms.
This two-way integration will allow any changes made to client details in GreatSoft Practice Manager to automatically update the CAS 360 and Simple Fund 360 database.
Plus, in CAS 360, the user is prompted to prepare all the relevant ASIC compliance documents. Furthermore, if the contact details are changed in either Simple Fund 360 or CAS 360, this change is automatically updated in GreatSoft Practice Manager.
BGL managing director Ron Lesh said the integration was a huge achievement for its API team, and will help many clients using both software solutions.
“Mutual GreatSoft Practice Manager and BGL Simple Fund 360/CAS 360 clients are now able to have just a single database — the ultimate goal of any professional firm,” Mr Lesh said.
GreatSoft chief executive Brian Armstrong said the challenge for firms is to improve the quality and accuracy of their data by eliminating data silos and reducing the number of out-of-sync databases that have been created as a result of lack of integration across suppliers.
“Accurate and easy access to client and compliance information is important to any accounting firm, and our integration with BGL provides the industry with a scalable, cloud-based practice management and compliance solution, which delivers a 360-degree view of the client and a single source of truth,” Mr Armstrong said.
“This gives practices the freedom and flexibility to create a truly integrated cloud practice ecosystem built on an open platform.”
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.