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Monthly Archives

October 2024

BGL recognised as one of Australia’s most innovative companies

By BGL Update, Simple Fund 360, Simple Invest 360No Comments

BGL is proud to announce that it has once again been recognised by the AFR BOSS Most Innovative Companies program as one of Australia’s most innovative companies.

BGL achieved an impressive rank of #13 in the Technology category and #83 overall on the AFR’s 2024 Most Innovative Companies list. This marks the 4th time in 6 years BGL has been included on the AFR list. 

“This is a sensational achievement by the BGL team,” said BGL’s Founder and Director, Ron Lesh. “I’m incredibly proud of each and every team member for their hard work and passion for innovation.”

BGL’s 2024 AFR submission featured the BGL AI Assistant, the world’s first generative AI tool for financial analysis, transforming how BGL clients—accountants, administrators and advisors—interact with financial data, unlocking deep insights into SMSF, company and trust financial statements.

Integrated into BGL’s Simple Fund 360 and Simple Invest 360 software solutions, the BGL AI Assistant analyses balance sheets, operating statements and cash flow statements, delivering intelligent commentary, identifying trends, assessing financial strength, evaluating performance and highlighting any cash flow concerns and red flags. It enables BGL clients to unlock unprecedented insights regardless of their expertise, empowering them to make strategic decisions and optimise financial performance for their clients. 

Additionally, the BGL AI Assistant enhances workflow efficiency by automatically generating suggested tasks from financial documents and allowing users to ask specific questions about the data.

“We’ve only just begun to tap into the potential of generative AI,” added Lesh. “There are even more exciting developments on the horizon and we can’t wait to continue driving innovation for our clients.”

Simple Fund 360 and Simple Invest 360 Product Update – 3 October 2024

By BGL Update, Simple Fund 360No Comments

What's New?

Contract Notes Service
A new Contract Notes transaction export has been introduced to make transaction analysis and reconciliation easier. Learn More

Document Uploader Widget
In the Documents screen, when a folder is selected from the left-hand side list, uploading a document via the new widget will automatically prefill the respective folder name. Learn More

Plus, many more new features and improvements.

Stay tuned for future releases!

Jeevan Tokhi
General Manager of Product – Simple Fund 360, Simple Invest 360 and BGL SmartDocs 360
E: [email protected] | P: 1300 654 401
Connect with me on LinkedIn

BGL passes 1 million companies on CAS 360

By BGL Update, CAS 360No Comments

BGL is proud to announce CAS 360 now supports over 3,700 firms maintaining over 1 million companies on its company, trust and ID verification management solution.

This significant achievement solidifies CAS 360 as the software of choice for company secretarial compliance, providing unmatched support to businesses in Australia, Hong Kong, New Zealand, Singapore and the UK.

“We are incredibly proud of CAS 360’s journey,” said BGL’s Founder and Director, Ron Lesh. “Reaching 1 million companies is a testament to our team’s hard work and our clients’ trust in us. From day one, we had a goal to simplify compliance for businesses and this milestone highlights why CAS 360 is the global leader in company secretarial software.”

“Since its beginning, CAS 360 has been an invaluable resource for businesses, accounting firms and corporate service providers “ said Warren Renden, General Manager of CAS 360. “With continuous updates, including innovations like BGLiD and AI-powered automation, BGL remains dedicated to providing best-in-class compliance technology that helps reduce risk, save clients time and effortlessly manage their business.”

Launched in Australia in February 2017, CAS 360 quickly became the leading choice for managing company compliance, delivering industry-leading features such as automated Annual Reviews, company formation and document preparation. In less than 21 weeks, CAS 360 registered over 100,000 companies and has grown rapidly, expanding to many new jurisdictions.

“This is an incredible milestone for CAS 360,” said BGL’s Chief Executive Officer, Daniel Tramontana. “Our pursuit for innovation and our dedication to providing the right tools for firms across the globe continues. We’re not just building software at BGL we’re revolutionising how businesses manage compliance and this is only the beginning!”