Stevie-winner BGL Corporate Solutions (BGL) delivers third-generation, company compliance management, self-managed superannuation fund (SMSF), and investment portfolio software solutions to over 9,500 businesses in Australia, Hong Kong, New Zealand, Singapore, the United Kingdom, and 15 other countries around the world.
Founded in 1983 as a small consulting firm to assist accountants and businesses in gaining more value from their computer systems, BGL has since become a market leader in compliance management software, employing over 200 people across Australia, New Zealand, Singapore, China, and the Philippines.
Australia's accounting and compliance software industry is highly competitive, with several established players and new entrants vying for market share. BGL operates in this industry and provides software solutions to assist businesses in managing and automating their clients' financial transactions, reporting, and regulatory compliance obligations.
The compliance software industry in Australia is growing, driven by the increasing complexity of regulatory compliance obligations and the need for businesses to manage these obligations efficiently and effectively. BGL's mission is to make compliance easy for its clients by being innovative, collaborating with its community, and creating remarkable experiences.
Product Suite & Customers
With sophisticated automation and AI-powered technologies, the BGL Product Suite includes 3 integrated, cloud-based solutions:
- CAS 360 (Innovative company compliance, trust, and AML management software)
- Simple Fund 360 (AI-powered SMSF administration software)
- Simple Invest 360 (End-to-end investment portfolio management software)
The BGL Suite integrates with 350+ data feeds and ecosystem partners to provide clients with holistic compliance solutions. Plus, the Suite's automation and integration eliminate manual and duplicated data entry, freeing up time for clients to focus on delivering remarkable moments to their clients while boosting their productivity, profitability, growth, and team satisfaction.
BGL clients include all major accounting firms, law firms, many listed and private company groups, accountants, financial planners, and many individual SMSF trustees. The demand for compliance software solutions will likely grow as compliance requirements evolve.
In July 2020, BGL launched its cloud-based compliance management software, CAS 360, in New Zealand. CAS 360 New Zealand now supports 70+ firms, managing 25,000+ companies.
CAS 360 is a complete compliance management solution and a huge time-saver for accounting firms and corporate service providers. With powerful automation and integration with the New Zealand Companies Office, CAS 360 provides a streamlined workflow for managing annual returns, company registrations, and common registry changes made by companies. CAS 360 also simplifies the management of trusts and AML/CFT and CDD compliance requirements.
In June 2021, BGL launched an end-to-end portfolio management solution, Simple Invest 360, which now supports 500+ firms, managing 3,000+ entities. Simple Invest 360 is a portfolio management solution for companies, individuals, partnerships, and trusts. With powerful automation and AI-powered technologies, Simple Invest 360 keeps track of investments and income, providing a complete set of financial statements with automated preparation and electronic lodgment tax returns with the ATO. Simple Invest 360 also provides integrated accounting workpapers, digital signing, 350+ data feeds, and registry integration.
Another offered tool, BGL SmartDocs turns paper documents into usable digital data saving clients a tremendous amount of time and money. Using AI, BGL SmartDocs extracts data from PDFs or images. BGL SmartDocs has helped clients extract over 24 million transactions from Bank Statements with our AI-based model with 95% accuracy.
In October 2022, BGL released its latest product in BETA, BGL Smart Docs 360. BGL Smart Docs 360 is an AI-powered cloud solution that helps businesses unlock their full potential by transforming unstructured data in paper and digital documents into smart digital data. Using Agile, BGL has been able to continuously update its software for changing regulations and technologies.
BGL Corporate Solutions won a Bronze Stevie Award for Innovation in Technology Development - All Other Industries, and a Silver Stevie Award for Excellence in Innovation in Technology Industries - 100 or More Employees in the 2023 Asia-Pacific Stevie® Awards.
Interested in entering the 2024 Asia-Pacific Stevie Awards?