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BGL launches CAS 360 in Singapore

By BGL Update, CAS 360No Comments

BGL launches CAS 360 in Singapore

BGL is proud to announce the highly anticipated commercial release of its company secretarial software solution in Singapore, CAS 360. 

“This is a huge milestone for BGL and I’m extremely proud of the CAS 360 team” said Ron Lesh, BGL’s Managing Director. “The team has been working tirelessly over the past 5 years to develop CAS 360 Singapore and we’re excited to be able to release a sensational product to the Singapore market”. 

BGL has had a presence in Singapore for over 20 years, with over 400 businesses using its market-leading Corporate Affairs System (CAS) desktop software. CAS 360 is the natural progression for our clients, and we’ve already had a great deal of interest with over 31,000 active companies added to the BETA since April 2021. 

“CAS 360 will help accounting firms and corporate service providers in Singapore efficiently manage their company compliance for Singapore entities with its innovative technology and superior automation” continued Lesh. “CAS 360 prepares all the forms, minutes / resolutions, registers and other documents required for the Annual Return and common changes made by Singapore companies. CAS 360 also supports the Singapore XBRL for the preparation and automated electronic lodgement of XBRL Financial Statements”. 

“BGL worked with Singapore’s Accounting and Corporate Regulatory Authority (ACRA) to help make the Singapore electronic filing system work for software providers,” added Lesh. “BGL is proud to be the first company secretarial software provider approved by ACRA to lodge Company Annual Returns electronically in Singapore.”

CAS 360 is the complete package and will provide the same incredible efficiencies for our Singapore clients as it does for 650,000+ companies in Australia and New Zealand. CAS 360, Hong Kong is due for release to BETA in Quarter 3, 2022. 

For more information, please visit www.bglcorp.com.sg 

April 13, 2022
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Simple Fund 360 and Simple Invest 360 Product Update – April 2022

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

We are excited to announce another eggcellent Simple Fund 360 and Simple Invest 360 update! You can learn what’s new at our New Features Webinar on Tuesday, 24 May 2022 at 11:00 AEST.  Register Now >>> 

The full release notes can be found on the BGL Community >>>

What's New?

Data Feeds: A new broker data feed has been added to the BGL Share Data Pack for Wentworth Securities. Plus, the HUB24 data feed has been upgraded to significantly improve support for HUB24 foreign share markets trades.

Reporting: 8 new mail merge fields have been added to custom reports and letters including tax breakdowns, pension minimums, and middle names.  

Google Addresses Integration: Support for Google addresses has been added to Entity Details, Contacts and Trust Tax Return screens.

Corporate Actions: The following Corporate Actions have been added for various Mergers and Takeovers:

  • MEP – 09 March 2022
  • SYD – 09 March 2022
  • ABR – 10 March 2022
  • AVN – 14 March 2022
  • OTW – 16 March 2022
  • PAF – 28 March 2022
  • API – 01 April 2022

Exclusive to Simple Invest 360

Trust Reporting: Enhancements have been made to Trust reporting, with multiple client wishlist items added. Including: 

  • Improvements to Unit Valuation Reports for unit classes and increased decimal places. 
  • Statement of Financial Position reports rounding improved
  • Additional manual adjustments added to the Trust Taxable Income screen

Plus, many more features and improvements. Don’t forget to check out the full release notes on the BGL Community >>>

Previous month release notes can be found:

Regards

The BGL Team

April 7, 2022
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BGL celebrates 25 years of Simple Fund

By BGL Update, Simple Fund 360, TechnologyNo Comments

BGL is proud to celebrate the 25th anniversary of its pioneering SMSF administration solution, Simple Fund.

“This is a huge milestone and I’m extremely proud of the BGL teams’ countless achievements over this time” said Ron Lesh, BGL’s Managing Director. “Simple Fund was launched on the Windows operating system in April 1997, at a time when people were still learning how to browse the internet, send emails and text messages. It’s quite remarkable to think that BGL has been part of the accounting software industry for over 30 years”.

BGL delivered many industry firsts within Simple Fund, including SMSF data feeds with BankLink, integration with share registries, the Audit Workpapers Module (co-developed with TAG Financial Services) and the first internet-enabled reporting tool, FundWeb. 

BGL’s continued investment in research and development together with its experienced team lead to the evolution of Simple Fund from desktop to cloud, with Simple Fund 360 now the leading cloud-based SMSF administration solution with sophisticated AI-powered technologies for smart data capture, categorisation and review.

“The software industry is one of the most competitive and innovative industries in the world with only a handful of companies that have stood the test of time, such as Microsoft (1975), IBM (1911), HP (1938) and Apple (1976),” added Lesh. “It’s a tribute to the team’s passion, innovation and perseverance that we remain Australia’s leading provider of SMSF, investment portfolio and company compliance management software, even after 30 years”.

March 28, 2022
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BGL recognised as Best RegTech Solution

By BGL Update, TechnologyNo Comments

BGL is proud to announce it has been recognised as Best RegTech Solution in the FinTech Breakthrough Awards 2022.

“This is a sensational achievement by the BGL team. I could not be prouder of each and every one of them.” said Ron Lesh, BGL’s Managing Director. “In just over 3 months, BGL has received industry recognition from FinTech Breakthrough Awards 2022 for Best RegTech Solution, Australian Enterprise Awards 2022 for Best Accounting Software Manufacturer, Lawyer International (Legal 100) 2022 for Compliance Software Innovator of the Year – Australia and from the Global Excellence Awards 2022 for Best Fund Administration Software Provider – Australia, among many others”.

“The team has worked tirelessly to ensure our clients have the best solutions to meet their needs and these awards are a tribute to their hard work,” added Lesh. “For over 30 years BGL has been the leading provider of SMSF administration, portfolio administration and ASIC corporate compliance solutions in Australia and we would not be here without our amazing team of 180+ sensational committed professionals”. 

Coincidentally, the recognition as Best RegTech Solution comes just after BGL concluded the industry’s first major face-to-face event in almost two years, BGL REGTECH 2022. The events in Sydney (01/03), Adelaide (09/03) and Melbourne (16/03) were a huge success with over 300 clients and 21 exhibitors in attendance across the three locations, with events in Brisbane, Tasmania and maybe even Perth in the near future. 

March 21, 2022
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BGL adds Company Constitutions to CAS 360!

By BGL Update, CAS 360No Comments

BGL is proud to announce the release of Company Constitutions in its cloud-based ASIC corporate compliance and trust management software solution, CAS 360.

“Another great achievement by the BGL team” said Ron Lesh, BGL’s Managing Director. “This was a highly requested feature and it’s fantastic to have some of the industry’s leading document providers partner with us on this integration.”

Changes to CAS 360 in September 2021 made it easier than ever for clients to lodge company incorporations with ASIC from CAS 360. Now, through BGL’s partnership with leading document providers Entity Makers, LightYear Docs and Smarter SMSF, clients can purchase a company constitution directly from CAS 360.

A company constitution is a legal document that defines how a company can operate. It also sets out the rights and duties of people in the company such as members, directors, and the company secretary.

“By integrating with several document providers, our clients can choose who they purchase their constitutions from. That’s what makes CAS 360 unique” added Lesh. “The BGL Ecosystem has 350+ partners and we will continue to grow our partnerships in this area.”

Learn more >>>

Learn More
March 15, 2022
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BGL hosts major face-to-face event BGL REGTECH 2022

By BGL Update, TechnologyNo Comments

BGL hosts major face-to-face event BGL REGTECH 2022

BGL is hosting the industry’s first major face-to-face event in almost two years, BGL REGTECH 2022. 

“It’s been fantastic bringing our community back together after so long apart” said Ron Lesh, BGL’s Managing Director. “We felt it was really important to run BGL REGTECH 2022 in person and our clients and partners have relished the opportunity to reconnect face-to-face”. 

“Our events in Sydney (01/03) and Adelaide (09/03) have been a huge success with over 200 clients and 18 exhibitors in attendance across the two locations” added Lesh. “We expect our Melbourne event to be the biggest yet, with over 300 delegates already registered. Add to this our live-stream attendees in Queensland, Western Australia, New Zealand and Singapore, we will have over 600 people attending”. 

The BGL REGTECH 2022 line-up boasts industry experts David Boyar FCA – CEO of ChangeGPS, Aly Garrett FCA – Founder and Principal of All In Advisory and Rebecca Mihalic – Director of businessDEPOT as well as its own gurus to add their expertise to the program exploring the evolution of the accounting industry. One session also gives clients a preview of some of the new features coming to CAS 360, Simple Fund 360 and Simple Invest 360 in the near future.

BGL REGTECH 2022 will be held at the Melbourne Convention and Exhibition Centre on Wednesday 16 March. Tickets are available at www.bglregtech.com. 

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March 10, 2022
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