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Accounting software provider launches new document management system

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Accounting software provider launches new document management system

An SMSF accounting software provider has launched a new service to aid with documentation management, as it increases its suite of automated products.

Technology Jotham Lian 12 February 2018
— 1 minute read

SuperConcepts has released an automated document management system on its SMSF accounting platform, SuperMate.

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According to SuperConcepts, the document management system will be able to scan or email documents which are then automatically read, categorised, and filed.

The document management system will use machine learning algorithms to recognise and allocate documents, and will improve over time as the system learns from each new document filed.

SuperConcepts chief technology officer, Kurt Groeneveld, said the new system aims to help auditors with the annual audit of funds as documents will be text searchable.

“The document management system builds on SuperMate’s existing capabilities like automated bank reconciliation,” said Mr Groeneveld.

“It does this through intelligent workflow technology which can deduce the correct approach to processing different situations within a typical SMSF administration operation.

“SuperMate’s new document management system can make a fund ‘audit ready’ with virtually no human input required.”

SuperMate is an AMP-owned accounting and SMSF software provider which is primarily cloud-based.

Accounting software provider launches new document management system
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Jotham Lian

Jotham Lian

Jotham Lian is the news editor of Accountants Daily, the leading source of breaking news, analysis and insight for Australian accounting professionals.

With a focus on breaking news and exclusive analysis, Jotham keeps Accountants Daily readers up to date with company moves, tax updates and essential business and client strategy. 

Before joining the team in 2017, Jotham wrote for a range of national mastheads including the Sydney Morning Herald, and Channel NewsAsia.

You can email Jotham at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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