BGL links to Xero
Specialist Self Managed Superannuation Funds (SMSF) administration software provider, BGL Corporate Solutions has integrated Simple Fund 360 with Xero’s Beautiful Accounting Software.
The company announced this week that the new integration would give Simple Fund 360 users the ability to connect directly with Xero and seamlessly import bank transactions.
It said BGL was the first SMSF administration software provider to enable this type of connectivity.
BGL managing director, Ron Lesh said that of the 500 plus firms using Simple Fund 360, he knew of a large percentage also using Xero.
“The integration expands the bank data capability of Simple Fund 360 as well as providing clients with a single interface to administer their bank data,” he said.
“Firms want integrated practice software which is why Simple Fund 360 and Xero integration is so important. We will also continue to work with other software providers to give our clients a range of fully integrated solutions.”
Recommended for you
Two law firms have highlighted licensees’ responsibility to ensure they have sufficient cyber security measures in light of the enforcement action against Fortnum Private Wealth.
A former director has pleaded guilty to providing financial product advice without holding an AFSL which saw almost $2 million transferred to him.
Commonwealth Private Limited, a subsidiary of Commonwealth Bank of Australia, has launched a wholesale offering with the help of JPMAM.
Shaw and Partners’ new national head of private wealth believes the biggest challenge for financial advisers right now is being able to deliver efficient advice delivery amid a complex regulatory environment and growing investment universe.