Count Financial practice Roberts & Morrow is now using Supercorp Technology’s superMate solution for self-managed super fund (SMSF) administration, Supercorp has announced.
Roberts & Morrow has recently migrated its super funds to the new software following an initial trial of the product, and the firm anticipates that superMate will improve the streamlining of the company’s business practices, according to Roberts & Morrow SMSF manager Alistair Galbraith.
“Having used Supercorp’s Superfund software in conjunction with MYOB in the past, one of the advantages we hope to make use of is the increased productivity stemming from the solution’s [Microsoft] Word integration for reporting, as well as improved automated data loads,” Galbraith said.
Supercorp chief executive Kurt Groeneveld said that superMate had significantly improved efficiency and quality and was acquired without any upfront financial commitment, with software and training videos available through a single monthly subscription.
A key feature of the software is its data loading capability, since it can load data from banks, brokers and platforms automatically, according to Supercorp BDM David Mendelovits.
Unlike other products on the market, superMate is integrated with Microsoft Word so all the documentation that an accountant or planner or administrator needs can be set up and then automatically integrated, he said.
SuperMate was unveiled in October 2009 as the next generation of SMSF administration software, built on Supercorp’s SuperVisor II and Superfund, and now has around 40 to 50 or clients with four to five thousand SMSFs being administered, according to Supercorp.
While the company was primarily targeting accounting firms, Mendelovits said that advisers and larger administrators could also benefit from the software, and the company already counted several large administrators among its clients.
The new software extends the existing SuperVisor II engine and is delivered via the web.
