Simple Fund 360

The integration seamlessly connects BGL’s market-leading SMSF administration software, Simple Fund 360, to AuditCover—an InsurTech solution that provides comprehensive tax audit insurance to protect SMSFs, businesses and individuals from unforeseen professional fees arising from tax audits.

“We are excited to welcome AuditCover to the BGL Ecosystem” said BGL’s CEO Daniel Tramontana. “This integration empowers BGL clients to offer their SMSF clients reliable protection against unexpected accounting fees associated with tax audits. Accountants now have the ability to share insurance options with their clients effortlessly, helping them add value to their services.”

The integration simplifies the quoting process for BGL clients. It automates campaign setup, policy renewals and client communications ensuring a hassle-free experience for accountants and their clients. With flexible options, accountants can send personalised quotes to their entire client base or onboard new clients with tailored coverage.

“AuditCover’s seamless integration with Simple Fund 360 ensures accountants can protect their clients while keeping administrative workloads to a minimum” continued Tramontana. “The ease of use, combined with cost-free practice integration, makes this partnership a valuable addition to the BGL Ecosystem.”

Gil Snir, CEO at AuditCover commented on the integration: “We’re thrilled to be partnering with BGL to bring tax audit insurance to over 300,000 SMSFs on their platform. With ATO scrutiny on SMSF compliance at an all-time high, this integration is incredibly well suited for the current landscape. BGL clients can now provide access to insurance solutions for their SMSF clients in just seconds, adding value and simplifying the entire process.”

Brad Wilkinson, Head of Ecosystem at BGL, said: “Our clients value solutions that simplify complex processes and this integration with AuditCover offers just that—an easy, efficient way to ensure their clients are protected. With access directly from Simple Fund 360, setting up and managing audit insurance has never been easier.”

BGL’s API is used extensively across the industry with 400+ data feed and integration partners in the BGL Ecosystem, delivering a holistic experience to BGL clients. 

For more information, visit www.auditcover.com/bgl. 

About AuditCover

AuditCover is the technology-driven tax audit insurance provider serving thousands of taxpayers, accountants, and small businesses across Australia. As a trusted partner to leading accounting firms, AuditCover makes tax audit fee protection faster, more secure, and delivered directly to the taxpayer.

Integrated with leading accounting software, including Xero, MYOB, and BGL, AuditCover transforms audit insurance into a seamless process for everyone, eliminating painful paperwork, lengthy setup times, and ensuring data security. AuditCover is changing tax audit insurance for good, offering firms and their clients more choice and freedom when it comes to tax audit fee protection.

For more information, visit www.auditcover.com. 

“We are excited to welcome Oxygen to the BGL Ecosystem” said BGL’s Chief Executive Officer, Daniel Tramontana. “With easy access to Oxygen’s suite of tools and a seamless application process, Simple Fund 360 clients can now streamline SMSF loan applications for their clients.” 

Sydney-based Oxygen is a specialist SMSF mortgage lender that provides high-quality advice, competitive loans and a hassle-free experience. The integration connects Oxygen with BGL’s award-winning SMSF administration software, Simple Fund 360, via BGL’s free open API.

Ben Taylor, Managing Director at Oxygen Home Loans said: “We are excited to have the opportunity to partner with BGL via digital integration into its world class technology platform. We look forward to collaborating with BGL clients to deliver better outcomes for SMSF members purchasing property to secure a comfortable retirement. Our goal is to deliver a digital solution to make the complex SMSF mortgage application easier and more streamlined for all concerned and this is a big step towards this goal”. 

Jeevan Tokhi, General Manager of Product – Simple Fund 360, Simple Invest 360 and BGL SmartDocs at BGL said: “BGL clients can access the Oxygen integration via the property dashboard in both Simple Fund 360 and Simple Invest 360. Clients can automatically sign up to Oxygen’s website using their BGL login credentials. From there, they can use Oxygen’s comprehensive calculator to estimate a client’s ability to purchase an investment property, as well as a high-level quote tool and a seamless application process. Oxygen can also provide referrals to assist with the mortgage application”. 

Oxygen is a proud sponsor of BGL REGTECH 2024, Australia’s premier accounting technology event taking place in Adelaide (14/08), Perth (15/08), Brisbane (21/08), Sydney (22/08), Hobart (27/08) and Melbourne (29/08). Register for free today and visit the Oxygen team at their exhibition stand.

“We are excited to welcome Digital Rapport to the BGL Ecosystem,” said BGL’s Chief Executive Officer, Daniel Tramontana. “This integration will help accountants communicate more efficiently and effectively with their SMSF clients. Likewise, it will help trustees better understand their financial data and engage in a meaningful way.” 

Digital Rapport revolutionises client-accountant communication by creating AI-powered, data-driven videos. This automation enhances engagement with easy to understand visual reporting. The integration connects Digital Rapport with BGL’s award-winning SMSF administration software, Simple Fund 360, via BGL’s free open API.

David Cowling, CEO and Founder at Digital Rapport said: “The integration of Digital Rapport with Simple Fund 360 is a game changer for how trustees consume and engage with their financial information. Being an agile and engaging tool, video enhances how accountants report financials to trustees. With seamless data integration, accountants can create a 2-3 minute AI-driven video, narrated in their AI voice, to deliver key highlights of SMSF fund performance. These videos take just minutes to create, are customised with a firm’s unique branding and showcase crucial financial data in a dynamic and easily digestible format.”

Brad Wilkinson, Head of Ecosystem at BGL, said: “This collaboration underscores our commitment to leveraging innovative technologies to enhance the services available to our clients, enabling them to deliver superior service and insights to SMSF trustees”. 

Digital Rapport is a proud sponsor of BGL REGTECH 2024, Australia’s premier accounting technology event taking place in Adelaide (14/08), Perth (15/08), Brisbane (21/08), Sydney (22/08), Hobart (27/08) and Melbourne (29/08). Register for free today and visit the Digital Rapport team at their exhibition stand.