Class, the provider of the award-winning Class Super, Australia’s leading cloudbased solution for administering self-managed super funds (SMSFs), has announced a new product innovation to bring automation to the SMSF audit submission process.
The new innovation, One-Click Audit, allows Class administrators to submit an audit request to an integrated audit partner via Class Super.
The first organisation to integrate to the solution is ASF Audits, a leading independent auditor of SMSFs. The integration allows a request to be instantly submitted to the audit partner’s system, flagging the fund as being ready for audit.
Audit partners are then able to provide real time updates to Class on the audit’s status and push through documentation and associated details on audit completion.
According to Class CEO, Kevin Bungard, this is a significant achievement for both Class and ASF Audits: “Through this integration with ASF Audits, we can provide mutual clients with a seamless experience from SMSF administration right through to audit completion. This is really the start of being able to remove friction in this process across the industry via automation.”
Richard Smith, Audit Partner of ASF Audits, said: “We’re pleased to provide this additional service to our clients and make the audit experience even smoother. This is a significant development for the SMSF audit space which demonstrates the efficiencies and service improvements available via automation and integration.”
One-Click Audit was made available to mutual clients in Class’ October 2015 Release.
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