FOR RELEASE DEC
For more information
Private Host, SMSF solution from $5 per SMSF, for Accounting Practices..
private hosted, Self Managed
Super Fund platform allows Advisors, Accountants and Auditors
to "in-source" professional services to SMSF Trustees.
Australia,- December 2012 - VillageMall®, the
pioneer of Australian on-line Solutions,
today announced a breakthrough cloud based private host
service option, for wholesale, SMSF Administration
Service, designed for
accountants and SMSF administrators. This service starts from $5
per SMSF, and matches the traditional volumes pricing of desktop
SMSF software. New entrants into the on-demand world are expecting
existing practices and their clients to change from an existing $5 per fund to
a minium of $150 per fund. Our unique architecture and extensive
online software experience, over the last 12 year allows us
to match the traditional software only price point.. "Simply
Google SMSF software and look at their cloud based prices, note
some of these services are actually "vapour" or "future" ware..
SMSF365 is a full feature SMSF administration services, with a
fixed licence fee, no feature extra's to pay for"
said VillageMall CEO Charles Moore.
the pioneer in online, web based solutions for over 12 years, we
are pleased to extend our wholesale services to offer a private
hosted service. All client data remains within Australian
jurisdiction, and full ownership of the service and all client
data remains with the Partner. Ownership and control underpin the
typical accounting practice, hence we are pleased to offer this
unique service, which does not change the way a practice operates,
yet provides the economies of scale via fully managed cloud based
services. Our SMSF Administration
platform is the the result of working with advisors, accountants,
and auditors of our Web Superfund service, launched back in 2004"
said VillageMall CEO Charles Moore.
"It has taken many years of operational experience to
achieve what we believe is an unique Australian SMSF
SMSF365 is a unique
100% automated managed investment data entry when combined
with our Broker Portfolio Service (BPS),
some groups state fully automated, but never deliver, BPS is read
only, there si no way to enter data, as such we can with
confidence we state it is a 100% automated, this included 100% of
the corporate actions both within Australian and globally, across
cannot 100% automate SMSF administration and SMSF tax returns,
hence we offer a wholesale solution to SMSF administration and
mantra, has always been Technology, plus Specialist knowledge
equals competitive advantage. In partnership with professional
services providers, we can now deliver world best practice
solutions to the Australian SMSF market."
Advisors, and Trustees have
online access to real-time portfolio
positions. The latter is something that no existing advisors
platform can provide, as the portfolio service is divorced from
the actual SMSF fund operation. When combined with our real-time
investment strategy compliance check all parties can for the first
time be assured of a match between the plan and actual investments. Our
many years of experience has shown that most advisors, and
trustees are unable to state that their existing investments are
compliant, as required under the SIS Act.
as the ONLY OECD SAF-T compliant
service in Australia, for the first time supports a fully
electronic audit using our ATO registered Document Management
System, and our SAF-T compliant files. All that is required is
industry standard Microsoft Excel and your audit knowledge.
pass on the economies of scale afforded by "Cloud"
infrastructure providers like Amazon in Sydney Australia, ensuring
a true "Enterprise" solution for traditional "cottage" industry
our accounting practices can offer a complete online access to
daily reconciled investments, plus an end of year SMSF tax return,
audit, and AAS25 financials for less than the cost of the
"leading" desktop SMSF accounting software..
Why be an
accountant, when you can have a fully managed SMSF admin service
for less cost, and the peace of mind that you ahev professional
accountants doing the hard work for you.
Pricing and Availability
SMSF365 is available, to process the 2012 tax return, to any Accounting
practice from today.
This is not a retail service offering, and only available as a
The $5 per SMSF, is only available via a cloud based "Private Host SMSF365"
service, and is available to Accounting and SMSF administration Practices,
which meet our minium volume requirements, from today.
information, and non private host pricing see
in developing secure
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is a privately held company, founded in 1999 and is headquartered in
For more information please contact us
or visit the company Web site at www.Villagemall.com.au.