Blog & News

OmniCash Delivers Automated Processing for up to 95% of Bank Transactions

In the next major release of superMate scheduled for late April, a second Omni service will be launched under superMate’s Omni banner, OmniCash with SISS. OmniCash will fully automate the processing of transaction data from 11 of our largest banks which, according to the estimates of major superMate users, cover 95% of funds administered.

Read more ...

Dedicated team can kick start administrators onto superMate

superMate's Take-On Service

If you’re all set to start processing with superMate but want a quick start to get the wheel turning, then superMate has a service to assist. After receiving some required information from the administrator, the Take-On team can commence putting funds onto your new superMate system. Whether its five funds or 50, this fast accurate service will be charged at a flat fee for a standard fund.

If new to superMate, have limited staff or simply no time, then this service will move funds to the all-important processing stage that much faster. We asked one of our new superMate subscribers, Ray from Ray Hourigan and Associates, about his experience with the service.

Read more ...

In this month’s case study, we answer the questions you may be asking when looking for the right SMSF software. We speak to Lesley Bull who explains why superMate was the right move for her, and we look at examples of how superMate has improved her SMSF administration experience. Lesley is based in Bathurst, NSW and used Supercorp’s previous software Superfund before making the move to superMate.

Read more ...

Do you need to better utilise the information you have about your clients? Would it help to know which clients were in a position for a transition to retirement pension? Now that you have superMate helping you with the workload, you can spend more time adding value to your clients. But first you have to understand their needs by utilising the superMate bulk extracts. We show you how...

Read more ...

Reposted from www.interactiveaccounting.com.au

In November 2010 Interactive Accounting introduced RSDataWeb & superMate. These two excellent tools enable seamless data integration of banking and investment transactions into an online superannuation financial reporting & tax form preparation platform. This allows the first steps to be taken towards best practice in Super Administration in Australia for tax accountants without off-shoring the work.

Off-shoring is a current trend amongst the Accounting Industry in Australia. It is the view of Interactive Accounting that off-shoring does not improve efficiency or benefits for clients. Off-shoring simply uses cheaper labour to reach greater profits whilst maintaining inefficient processes.

RSDataWeb and superMate, in conjunction with direct bank feeds provided by Xero, will allow for the world's first 100% online Superannuation compliance solution. We are announcing the availability of this solution today.

With this announcement Interactive Accounting demonstrates once again that it is at the forefront of the growing transition towards cloud based platforms for the accounting and tax industry, providing great benefits for clients. In this case, especially for those clients with Self Managed Super Funds, this integration will reduce the costs associated with compliance and help our clients retain their hard earned retirement savings.

New packages incorporating online Superannuation compliance will commence from July 1, 2011. If you are interested in taking advantage of these services should stay tuned to our website or contact our team at hello@interactiveaccounting.com.au and we can have your super up and running prior to 1 July, 2011.

How was this possible?

RSDataWeb, the "Switzerland" of data feed products, is brought to you by Reward Super use sophisticated character recognition templates to turn all matter of financial forms into data that can be used in accounting platforms.

superMate, is brought to you by Supercorp who have been delivering SMSF accounting and tax platforms for the last 25 years. Supermate is their first 100% internet based product and allows accounting reports, tax returns and superannuation documentation to be produced from within it's platform.

Read more ...

Superannuation software specialist Supercorp has established a relationship with Macquarie Adviser Services that will see automated data feeds and interfaces made available to the organisation's specialist self-managed super fund (SMSF) administration application superMate.

The initial automated data feed will see information regarding transactions from individual's Macquarie Cash Management Accounts transferred directly into the superMate system.

Read more here.

Read more ...