MORE Super, one of Australia’s leading independent SMSF administrators, has committed to move the administration of its 5,000 SMSFs from Simple Fund Desktop to Simple Fund 360.
“We compared alternate cloud based SMSF administration solutions and whilst Simple Fund 360 was not the first to market, 360 is seemingly the most rapidly evolving” says Michael Pease, MORE Super Managing Director. “Transition costs were a key consideration in the selection process; BGL’s migration tool allows for seamless conversion, from Simple Fund Desktop to Simple Fund 360, ensuring retention of all historical data and documents. Also critical was the capacity to unbundle fees, rendering cloud software more accessible for firms, like ours, with a diverse client mix and service offering.”
“MORE Super are one of a number of large administrators looking to move to Simple Fund 360 in the next few months” said BGL Managing Director Ron Lesh. “The sophistication of Simple Fund 360 with its big data analytics and dashboards is often a turning point in our discussions”.
There are now over 1,400 businesses representing almost 80,000 SMSFs using Simple Fund 360 making it both the leading and most widely used cloud based SMSF administration solution. Simple Fund 360 now supports almost 250 bank, broker, wrap and platform data feeds providing industry leadership in the acquisition and processing of data.
“Simple Fund 360 was born from an accounting package not a portfolio package” added Pease. “360 is a tool developed to assist accountants, not replace them; we have every confidence that conversion will immediately bolster our client engagement whilst mitigating our long-term engagement expense.”
“Simple Fund 360 is shaking up the SMSF administration industry” according to Lesh. “It is so advanced, automated, ticks all the boxes and connects all the dots, it truly is the next generation SMSF solution.”
