The maximum cost for a user was $150 plus GST and a $5 reduction in the price of the Share Data Pack module.
Simple Fund 360 received over 100 data feeds from banks, brokers and wraps. The migration from the desktop version to the cloud app took just “a few clicks and a few minutes”, said BGL in a press release.
Simple Fund 360 operated on a full double entry accounting system where data could be accessed, reviewed and changed. SMSF administrators could also go paperless with document delivery, document management and digital signing.
Over 30 BGL clients had already signed up to the Amazon Web Services (AWS) powered solution.
“AWS allows Simple Fund 360 to be 100 percent self servicing. BGL clients can invite auditors, advisors, trustees or anyone who needs access to an SMSF,” Ron Lesh, BGL’s managing director, said.
BGL Corporate Solutions has over 7,500 clients in 12 countries using its product suite of compliance solutions for superannuation, company secretarial and general ledger.