New SMSF Integrations Boost Bottom Lines for Auditors

Cloudoffis and InfoTrack, a leading technology provider for the professional services sector, have joined forces with a new integration set to be a game-changer for the SMSF industry. End Quote

(1888PressRelease) January 23, 2019 - Cloudoffis and InfoTrack, a leading technology provider for the professional services sector, have joined forces with a new integration set to be a game-changer for the SMSF industry. Cloudoffis has been one of the leaders in what has been a huge year for fintech, especially in the SMSF domain, and were keen to partner with InfoTrack who shares the same approach to leveraging innovative technology to save its users time.

As AI continues to be one of the biggest disruptors in the fintech software landscape, Cloudoffis and InfoTrack have not only taken advantage of new technology, but are now creatively integrating their services to save hours of hassle for businesses and users. The combined automated powers of the two platforms cuts workloads in half to minimise human error, maximise efficiency and increase businesses’ bottom lines. The two tech companies have attentively listened to the demands of the industry to create software solutions that automate up to 50% of the tedious, manual tasks that have long been a feature of the SMSF workflow.

The new integration with InfoTrack means that Cloudoffis users can now instantly access additional information including title searches, ASIC extracts, corporate trustee searches, background checks, know your customer (KYC) checks, and more.[This is interesting but you have to read through a lot to get to what we've actually released. The first paragraph doesn't communicate it.] These searches can be performed directly through Cloudoffis and the results and related costs are returned to Cloudoffis and added to your subscription.

This technology comes long overdue for the SMSF sector where tedious tasks and duplicate work have wasted huge amounts of time and diverted talented resources from more important work. With the new raft of legislative changes happening across the SMSF industry and the proposed changes to audit cycles, there is a lot of pressure on businesses to manage compliance risks and improve efficiency. Cloudoffis’ auditing software does the work that previously took hours’ of an auditor’s time - tagging, searching, document management, data presentation, compliance checklists - at the click of a button. The benefits are manifold, users will experience not only time saved and added efficiency - but with checklists and compliance tools built into the user-experience, compliance has never been so easy.

The impact of this technology and collaboration of services has created far-reaching changes for the industry as a whole. It not only means a new era of efficiency, automation and ease of compliance - but it has created a new path for collaboration in the SMSF industry.

For Media enquiries, please contact Sonya Vanjicki, on sonya ( @ ) cloudoffis dot com.au or 0415 176 767.

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