BGL Finance: An Overview

BGL Finance, part of the BGL Group (Bestinvest Group Limited), primarily focuses on providing financial technology solutions and services to a wide range of clients within the financial sector, notably serving financial intermediaries, accountants, and small businesses. They’re well known for their cloud-based software solutions.

At the heart of BGL Finance’s offerings lies their commitment to automation and efficiency. Their software is designed to streamline processes related to SMSF administration, corporate compliance, tax management, and practice management. This often translates to significant time savings and reduced administrative burdens for their clients.

One of their flagship products is Simple Fund 360, a leading cloud-based SMSF administration software. It integrates bank data, investment data, and actuarial data to automate the complex processes of SMSF reporting, compliance, and investment tracking. This allows accountants and advisors to manage their SMSF portfolios more effectively, providing real-time insights and improved client service.

Beyond SMSF administration, BGL Finance also offers CAS 360, a cloud-based corporate affairs system designed to simplify company compliance obligations. This software streamlines the process of lodging documents with regulatory bodies like ASIC, managing company registers, and handling various corporate secretarial tasks. By automating these processes, CAS 360 reduces the risk of errors and ensures compliance with regulatory requirements.

BGL Finance emphasizes integration as a key feature of their software ecosystem. Their solutions integrate with various third-party platforms, including accounting software, bank feeds, and investment platforms. This seamless integration allows for the automatic transfer of data, reducing the need for manual data entry and enhancing the accuracy of financial information.

The company positions itself as a technology partner, actively engaging with their clients to understand their specific needs and develop solutions that address their challenges. They invest heavily in research and development to ensure their software remains cutting-edge and compliant with the ever-changing regulatory landscape.

In essence, BGL Finance plays a critical role in the Australian financial landscape by empowering accountants, advisors, and businesses with the technology they need to navigate complex financial regulations and manage their operations efficiently. Their focus on cloud-based solutions, automation, and integration makes them a valuable asset for businesses looking to streamline their financial processes and improve their bottom line.