Many mid-tier accounting and financial planning firms outsource their SMSF administration, whether it’s due to overhead costs, lack of time, or the current skills shortage. Unfortunately, firms may unknowingly be putting their clients’ data at risk if they work with...
Technology
Technology solutions for accounting and financial advisory firms
Start Your Automation Process Before the New Year with These Easy Steps
by Stan Corner | Nov 30, 2022 | Software Support, Technology, Workflow Management
The festive season is a time to unwind and celebrate with your family. To make this break even better you can look forward to returning to work refreshed and embracing new processes that make your day-to-day workload less tedious. How? By looking at automation...
Cryptocurrency and SMSF Audits – What do you need to check?
by Sharmaine Duran | Nov 2, 2022 | Financial Services, Technology
Whilst trustees have the ability to invest in cryptocurrency through their SMSF, there are some important considerations to address. The non-tangible nature of cryptocurrencies requires SMSF members to keep accurate records, but many are failing to do so, opening...
How to solve your staff retention concerns
by Stan Corner | Nov 2, 2022 | Client Management, Document Management, Technology
Attracting and retaining good workers is hard. In fact, it’s so hard that 93%* of accounting firms are challenged by staffing requirements. But how do we fix this? While we know that everyone wants better pay and more people are looking for flexible work...
Cybersecurity Awareness Month: Remember Prevention is Better than Cure
by Iain Enticott | Oct 21, 2022 | Technology, Technology Support
There has been a significant increase in the sophistication, frequency, and severity of cybercrime attacks in Australia. Ironically, as we enter Cybersecurity Awareness Month, Australia has had three of its biggest corporate enterprises fall victim to cybercrime....
The Optus Cyber Security Catastrophe: Was it avoidable?
by Iain Enticott | Oct 7, 2022 | Technology, Technology Support
The Australian federal government has come down hard on its analysis and criticism of Optus’s cybersecurity measures following the hack of millions of users’ personal data. The Federal government has blamed Optus for the breach, flagged an overhaul of privacy rules...
Three ways to process ATO correspondence more efficiently
by Stan Corner | Sep 28, 2022 | Technology, Technology Support
Over the last few years, we’ve increased our use of technology to make life easier, more efficient and save time. While the ATO has moved towards digital communication platforms for ATO correspondence they still deliver some ATO documents by paper. How you process...