Plus, in CAS 360, the user is prompted to prepare all the relevant ASIC compliance documents. Furthermore, if the contact details are changed in either Simple Fund 360 or CAS 360, this change is automatically updated in GreatSoft Practice Manager.

BGL managing director Ron Lesh said the integration was a huge achievement for its API team, and will help many clients using both software solutions.

“Mutual GreatSoft Practice Manager and BGL Simple Fund 360/CAS 360 clients are now able to have just a single database — the ultimate goal of any professional firm,” Mr Lesh said.

GreatSoft chief executive Brian Armstrong said the challenge for firms is to improve the quality and accuracy of their data by eliminating data silos and reducing the number of out-of-sync databases that have been created as a result of lack of integration across suppliers.

“Accurate and easy access to client and compliance information is important to any accounting firm, and our integration with BGL provides the industry with a scalable, cloud-based practice management and compliance solution, which delivers a 360-degree view of the client and a single source of truth,” Mr Armstrong said.

“This gives practices the freedom and flexibility to create a truly integrated cloud practice ecosystem built on an open platform.”