Launching last week during an online event, chief technology officer Andy Forbes demonstrated processing a fund end-to-end in under 25 minutes.
SuperMate users will have access to powerful automation and time-saving features, including the highly anticipated document extraction tool DataHero, which provides enhanced transaction automation.
“Every design choice and every feature has been created by people who actually understand and can complete the process of administering SMSFs,” Mr Forbes said.
With a focus on streamlined design and minimising the number of screens and clicks required to complete tasks, SuperMate has been built to empower users and give them time back in their day.
BDO Australia national superannuation lead Paul Rafton said key features such as the drag-and-drop feature would allow staff to be much more efficient with fewer key-strokes on the keyboard and allow them to get on with their job much more quickly.
“There’s no hidden extras, every SuperMate subscription includes data feeds, registry lookups, API access and SuperStream ESA … it’s all included in the one price with no hidden extras,” SuperConcepts national manager software sales Garry Johnston said.
It was also noted that transitioning to SuperMate will be made easier with a dedicated migration concierge service team, whilst current SuperMate Classic users require no transition at all.
Chief executive Grant Christensen prefaced the demonstration, noting SuperMate Classic users will be able to work under a hybrid model, processing funds in both SuperMate Classic and the new SuperMate, should they wish.
The new iteration of SuperMate is only the initial stake in the ground for SuperConcepts, with much more to come over the coming months.
“We will continue to focus on reducing the complexities across of all areas of SMSF administration with our relentless emphasis on continual innovation,” Mr Christensen said.
“The new SuperMate is just another step in this journey.”
