After a seamless transition to Class Super, this Victorian financial planning and accounting firm has modernised its SMSF administration, improved its client experience and opened a door to growth.
Seeking up-to-date reporting
Beattie Financial Services has been providing financial planning, accounting and tax services to small businesses and individuals in Bendigo, Victoria since 2006. It wanted to be more efficient in its self-managed super fund (SMSF) administration and provide real-time reporting for its 120 SMSFs.
Stacey Burns, a partner at the firm who manages SMSF administration, evaluated several cloud SMSF software solutions but found Class Super to be the best solution. Class Super’s ability to deliver daily direct-connect data feeds and comprehensive reporting – plus the ability to give clients an up-to-date view of their investment data – convinced her it was the right platform for her practice.
The company switched to Class Super from its previous desktop software solution in December 2017 and fully transitioned all its funds to the new platform within three months.
Stacey attributes the fast move to Class to its efficient transition processes. Her team only had to collect the data from the old desktop system and move it to an upload platform – from there, the Class transitions team entered all the opening balances.
“I never had problems with the conversions,” Stacey says. “Once a fund was transitioned by Class, it was ready to go.”