A single, scalable solution – catering to many
Smart Money Company Super’s unique integrated cloud-based workflow solution connects all the parties involved in the administration, accounting and auditing of Self Managed Superannuation Funds, allowing them to work seamlessly on the same system, increasing process efficiencies and greater savings across the business.
Through this ‘one system’ solution, Smart Money Company Super has been able to remove much of the duplication and retention of data, multiple system reliance, and significant portions of erroneous and time-consuming manual entry.
The system and data is securely available from any Internet-connected site and through a robust and secure permissions-based structure allowing all participants to access the information they need based on their role and authority.
Accountants and Administrators
Accountants and Administrators can employ Smart Money Company Super for the end-to-end administration of their clients’ SMSFs and ensure that their clients’ funds are kept up to up to date on a quarterly, monthly or even daily basis.
Quarterly and end of year reports can also be quickly and effortlessly prepared through an intuitive and largely automated process.
Where permitted by the fund Accountant or Administrator, the fund Auditor can gain remote access to a fund’s information including transaction histories, electronic source documents, financial statements and the fund’s audit trail.
Smart Money Company Super has a rigorous quality assurance process, working actively with regulators and other relevant industry bodies to ensure compliance and maintenance of strict audit guidelines.
Accuracy and visibility around the application of business rules, audit trail and transaction history are a core focus – delivering efficiency and accuracy to end of year audit processes.
Financial Advisers are able to provide timely and informed advice to clients based on “real time” information about the fund’s current financial position, using Smart Money Company Super’s online reporting capabilities.
Advisers can subsequently use this capability to be far more proactive and agile in their recommendations than is traditionally the case when dealing with SMSFs.
Smart Money Company Super provides fund Accountants and Administrators with 24/7 web access also available to fund members and trustees at no extra cost.
Through this service, trustees are able to make informed and timely decisions about their fund’s strategy and underlying investments based on an accurate and complete picture of the fund’s financial position.