Exclusive Webinar with Industry Expert Graeme Colley. Save your spot today

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Your guide to
Sorted Basic

Sorted Basic empowers accountants to streamline their SMSF audit workflows by collaborating with Cloudoffis auditors using Auditomation. It enables seamless client data imports from leading accounting software and simplifies audit job creation and submission. Accountants can efficiently generate pre-audit letters in bulk, share signed pre-audit
letters, receive signed post-audit reports via Auditomation, respond to job-specific queries, and track audit job statuses in real time—all within the intuitive Sorted Basic portal.

This guide is designed to help you maximise your Sorted Basic experience.

Introduction to Cloudoffis Sorted Basic

A platform that allows accountants to submit funds for audit, manage queries, and track the progress of the fund with a Cloudoffis Auditor:
More info.

Dashboard Settings

Customise your dashboard to show only relevant tabs:
Dashboard Settings.

Create Additional User

This is only a Quickstart guide to get Funds to Audit, after registration of Sorted:
Guide to adding additional users.

Importing Fund(s)

Please follow the steps to import clients to Cloudoffis:
https://support.cloudoffis.com.au/portal/en/kb/articles/complimentary-portal-for-accountant-connected-with-auditors#Import_Client_Process

Submit a Fund to Auditor

Please follow the steps to submit an audit job to the Auditor:
Submit a Fund to Auditor

Uploading Documents and Sending Fund to Auditor

Documents are transferred from the DMS on your Sorted Connect portal. To send source documents to your auditor, click on “Upload Documents” in the Job Successfully Created screen:
Uploading and sending documents and Sending additional documents.

Resubmit a Fund to Auditor

If there are any changes done in the accounting software after submitting it to Auditor
How to resubmit a fund.

Responding to Audit Queries

If the auditor raises an audit query during their review, the staff member assigned to the audit on the Accounting Portal will receive a notification. The staff member should then log in to their SMSF Sorted account to view the query in full and respond:
How to respond to audit queries.

Sorted Basic Tutorial Video

Video Demonstration – Sorted Basic Portal:
Tutorial video.

Automatically Generated Standard Financial Reports

Reports automatically generated by BGL and submitted to your connected auditor include the following:
– General Ledger
– Investment Income Comparison Report
– Investment Movement Summary Report
– Member Statement
– Operating Statement
– Statement of Financial Position
– Trial Balance

Managing Audit Letters (Pre/Post Audit Letters)

Generate Pre and Post Audit Letters using the templates provided by auditors. Instructions are available here:
Instructions.






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The Cloudoffis Bulletin
October Edition

Welcome to the October edition of the Cloudoffis Bulletin.

It seems the Cloudoffis team doesn’t have an off switch, as October was another huge month. Between launching Tax Sorted, hosting intimate customer breakfasts and introducing new Auditomation features, we’re always focused on driving innovation and delivering better solutions for the Tax and SMSF industry.

So grab your coffee, settle in for the read, and don’t forget to register for our ‘Ask Graeme’ webinar below.

Sydney breakfast event: Attracting Tomorrow’s Top SMSF Talent – The Tech Advantage

At our first Cloudoffis event of the year, SMSF industry leaders gathered to tackle a pressing challenge: attracting new talent to the accounting profession, especially in SMSF auditing. With over half of SMSF auditors set to retire in the next 5-10 years, discussions quickly moved into solution mode.

A big thank you to Graeme Colley, Marjon Muizer, and Jacob Kewley for leading such an inspiring discussion on the future of SMSF firms across all tier sizes. The energy in the room was incredible, with peers sharing ideas, insights, and support.

Don’t miss out on similar events across our capital cities next year! In the meantime, check out Graeme’s reflections on our Sydney event.

Read more

Register for our upcoming ‘Ask Graeme’ webinar

Last month, we announced our partnership with Graeme Colley, and the feedback has been overwhelmingly positive due to Graeme’s influence on many SMSF careers. That’s why we’re pleased to invite you to a Q&A session with Graeme, where he’ll be available to answer your burning SMSF questions.

When: Wednesday 4th December
Time: 10-10.45am AEDT

Register today

Customer spotlight

SMSF Auditomation: New ‘Organise Documents’ features

We recently released enhancements to the organise documents features, streamlining document management and saving you up to 30 minutes admin time across each workpaper. Enjoy:

  • Easy document switching: Move between documents seamlessly without closing and reopening them, reducing unnecessary steps.
  • Direct tagging in DMS: Tag documents directly from the Document Management System (DMS) without navigating to financial line items.
  • Document filters & icons: Filter documents into categories (Unsorted, Tagged, Permanent) and use icons to quickly identify document types.
  • Efficient tagging & multiple bookmarks: Tag documents more efficiently and add multiple bookmarks for various items in one go.
  • Checklist & financials integration: View multiple line items and checklists within an open document, improving clarity and workflow efficiency.

Access our step-by-step guide and demo video to help you get started.

Top Tip:
New features and updates can sometimes lead to unexpected behaviour, yet clearing cache and cookies can to get back on track in no time. View our how-to guide.

Tax Sorted is now live!

We’re excited to showcase the latest addition to the Cloudoffis family: Tax Sorted.

The past few weeks have been exciting, revealing to Tax Accountants across Australia how Tax Sorted is able to turn routine tasks into valuable time spent with clients.

With features such as our automated excel integration, one-click document imports from Xero, a secure platform with access levels that align with Xero and even the option to customise your Tax Sorted portal to a colour that suits your mood, Tax Sorted has truly impressed our clients with its capabilities and vision.

There’s even more to explore, so get your tax team to book a demo today.

Book a demo Find out more

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Attracting Tomorrow's Top SMSF Talent: The Tech Advantage

Co-Authored with Graeme Colley

In a recent panel held by Cloudoffis, Graeme Colley, Marjon Muizer, and Jacob Kewley discussed critical trends shaping the SMSF audit industry. Top of mind for the panelists and attendees is the shrinking auditor workforce, the role of technology in driving industry evolution, and how to equip the next generation with the essential skills for success. Read on for more insights on these topics.

The difficulties in attracting staff to the accounting profession and particularly auditing SMSFs is concerning. More than half the registered SMSF auditors are over 60 years old and expected to retire in the next 5 to 10 years. We continue to see sustained and significant increases in the number of SMSFs being established. Both of these factors are expected to have far-reaching impacts on the industry.

The regulators indicate that around 2/3rds of SMSF auditors each complete no more than 50 fund audits annually with most auditing less than 5 funds. At the top end, around 10% of auditors each undertake more than 250 fund audits which is about 70% of all the funds being audited. The trend is that there is a decline in the total number of SMSF auditors and a move towards a greater number of funds being audited by the top end. Who is going to tackle the growing number of SMSF funds when the number of industry specialists is declining?

 

The opportunity

The challenge facing the auditing and accounting professions is attracting talent who are willing to learn the essential skills in operating and developing an SMSF audit business. These include understanding the technical issues, compliance and adapting to changes in technology.  Whether there are sufficient newly qualified accountants interested in auditing SMSFs who are willing to pursue further study to become registered may be the hurdle. Current audit education on SMSFs is limited.

Anyone who has a long-term view in shaping the future of the industry should be preparing for the expected changes in demographics and the skills required to grow a successful SMSF audit business.

Cloudoffis are well positioned to help auditors address these challenges by offering solutions that tackle both the talent attraction issue and the evolving technological demands of the profession.

By automating time-consuming tasks, Cloudoffis’ practice tools enhance efficiency and appeal to younger auditors, enabling new employees to quickly adopt processes, integrate, and start adding commercial value to the business. Technology simplifies onboarding and allows staff to spend less time on administrative duties and more on revenue-generating activities.

Additionally, by providing tools that simplify compliance and technical issues, Cloudoffis reduces the complexity of audits, allowing firms to manage more funds with fewer resources.

At the other end of the business journey, for retiring business owners, embracing technology before selling their practice can significantly boost its appeal and value. Adopting software like Cloudoffis not only makes practices more attractive to younger accountants and auditors, who are generally more comfortable with technology, but also prepares businesses for future regulatory changes, making them a more secure investment for potential buyers.

A tech-savvy practice also streamlines the transition of ownership, making acquisitions smoother and reducing post-purchase problems. New owners will appreciate not having to overhaul outdated systems, allowing them to focus on growth and innovation. By integrating modern technology, retiring auditors can enhance their practice’s marketability and ensure a seamless handover.

In a rapidly changing landscape, adopting technology like Cloudoffis empowers both new auditors and those nearing retirement to thrive, securing the future of their practices and attracting the next generation of talent.

 

 

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The Cloudoffis Bulletin-
September Edition

The Cloudoffis team has been delivering demos for eager tax teams across Australia, who have long been awaiting for a Cloudoffis solution for tax workpapers. With the launch of Tax Sorted just days away, we’re excited to expand our services beyond SMSF, so be sure to share the news with your tax team!

This month, we’re shining a spotlight on our SMSF Accountants, diving into our Sorted Lite and Class integration as we reflect on another fantastic Class Ignite event and the opportunity to reconnect with so many of our customers. We’re also featuring our SMSF Sorted Pro customer, Emily Cooper from SMSF Australia, who reduced her firm’s audit file reviews by 50% and grew 100% year on year supported by Cloudoffis.

We’re pleased to welcome two new members to our team: Graeme Colley, a man who needs no introduction, joins us as an Independent Industry Advisor, and Emma Crisp, who comes on board from Xero as our Senior Marketing Manager. So, grab your cuppa and settle in, there’s plenty to explore this month.


Graeme Colley,
Independent Industry Advisor
Cloudoffis

Emma Crisp,
Senior Marketing Manager
Cloudoffis


Introducing Tax Sorted workpapers:
we’re expanding beyond SMSF!

We’re thrilled to announce Tax Sorted, the latest member of the Cloudoffis family, is going live next week!

Tax Sorted empowers tax accountants to streamline their processes with automated workpaper creation, allowing team members to produce more accurate tax workpapers for businesses and individuals, faster than ever before.

Wondering why we’re branching out beyond SMSF? Keep reading to find out!
Find out more about Tax Sorted

Class Ignite 2024

A big thanks to our partners at Class for hosting us, Class Ignite was a fantastic industry event, uniting the SMSF accounting community to discuss trends, opportunities, and technology.

This year, our Cloudoffis theme was “Enjoy More Coffee Time with Class and Cloudoffis.” We gave away nearly 100 Cloudoffis coffee cups, and three lucky attendees won brand new DeLonghi coffee machines!

Wondering why we’re branching out beyond SMSF?

These events provide an opportunity to connect with our customers and ensure that every team is maximising the benefits of our free SMSF Sorted Lite integration with Class.

A special thanks to Leanne for visiting our stand and sharing her insights on how Sorted Pro has helped her grow her new practice, SMSF Co-Pilot. Check her feedback below:
Play Video


Get started with Sorted Lite

If you’re using Sorted Lite or looking to get started, be sure to jump onto our website and download our easy to navigate user guide.

$500 referral bonus SMSF Sorted Lite accountants

Did you know that as an SMSF Sorted Lite accountant, you can earn a $500 referral bonus when you refer your auditor to use Auditomation?

With your auditor on Auditomation, not only will you gain more control over every fund you manage, but you’ll also be able to automate your workpapers and submit audit files to your auditor with just one click. And with both of you collaborating on Cloudoffis, you’re guaranteed to speed up the turnaround time of funds, as auditors will receive more structured data to work on. You’ll both benefit from easier collaboration with improved query management tools.
Refer Now

How SMSF Australia Slashed Audit File Reviews by 50% and grew 100% year on year supported by Cloudoffis

In the fast-paced world of Self Managed Super Funds, efficiency isn’t just a buzzword; it’s a critical factor for success. For SMSF Australia, the journey to greater efficiency continued with the adoption of Cloudoffis, a solution that transformed their audit file review process. Here’s how they achieved these remarkable results with Cloudoffis as their wingman.
Read the full story


Cloudoffis Tours Tasmania

This month, our team hit the road and toured Tasmania, engaging with both new and long time customers to showcase our latest innovations, across Sorted Pro, Auditomation, and Tax Sorted – our new Tax Workpaper solution launching next week. A huge thank you to Michael Meredith of Bentley’s Tasmania for hosting us and facilitating so many engaging conversations in the region.

We’re always on the move, so if you’d like to meet face-to-face with our team, don’t hesitate to reach out. We love visiting both existing and potential clients to help them get the most out of their Cloudoffis experience.
Book a time

Product updates

Import & Re-import Flow in Auditomation & Sorted Pro

We are thrilled to announce a revamped import & re-import flow for both Sorted and Auditomation! 🎉 Experience the new, efficient workflow today.

What’s New?

  • Instant Access: The moment you import financial data, you can jump straight to the job dashboard. No more waiting around!
  • Improved Efficiency: Financial data is accessible immediately while other data like observations, reports, and documents load in the background.
  • Enhanced Performance: With backend optimisations, system performance is significantly boosted, ensuring smoother execution and better resource management.
  • Streamlined Processes: These enhancements will make your existing processes more efficient, saving you valuable time.

BGL Workpaper Doc

We’re excited to bring Auditomation customers a major time-saving enhancement: Auto Availability of BGL Workpaper Docs! 🚀

Previously, you had to manually convert each BGL Workpaper document to a Cloudoffis-supported format to use our bookmarking and search features. This was time-consuming, especially with a large number of documents.

The Solution? BGL Workpaper documents will now be automatically converted to the Cloudoffis-supported format. No more manual conversions needed!





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How SMSF Australia doubled growth with Cloudoffis.

In the fast-paced world of Self Managed Super Funds, efficiency isn’t just a buzzword; it’s a critical factor for success. For SMSF Australia, the journey to greater efficiency continued with the adoption of Cloudoffis, a solution that transformed their audit file review process. Here’s how they achieved these remarkable results with Cloudoffis as their wingman.  

emily cooper-qoute


Life before Cloudoffis

Before Cloudoffis, SMSF Australia’s accounting team had a far more manual process to review files and create workpapers which was a limiting factor to their exponential growth. The main issues included:  

  • Sorting and reviewing documents manually.  
  • Inefficient workflows due to separate handling of financials and source documents.
  • Significant time spent collating and verifying information.  

Although the team wasn’t actively searching for a solution, they recognised the need to streamline their processes to improve efficiency and accuracy.  

Introducing Cloudoffs

SMSF Australia discovered Cloudoffis through a trial offered by Class, and it quickly became clear that the new system would enhance their workflow. The key benefits of Cloudoffis included:  

  • Combining review and collation of audit files into one streamlined process.
  • Automatic recognition of figures and matching with source documents, through Cloudoffis’ OCR capabilities.
  • An improved three-stage review system including an initial review by processors, a compliance review, and a final review before the auditor commences work.

 

A worthwhile investment

SMSF Australia enjoyed significant results, including a 50% reduction in audit file review time and a 100% increase in overall productivity across the team. 

  • Time Savings: File reviews, once taking 2-3 hours, have been streamlined to approximately 1.5 hours per file marking a 50% reduction. 
  • Increased Productivity: The firm has more than doubled its output allowing them to further scale their business hitting their 100% growth targets year on year. 
  • Cost Efficiency: Improved operational efficiency has not only enhanced profit margins but has also enabled SMSF Australia to maintain competitive pricing while delivering industry leading quality services, strengthening their competitive edge in the market. 

SMSF Australia’s favourite Cloudoffis features

We asked Emily what Cloudoffis features her team rely most on 

  • The integrated review process simplifies the review and collation of audit files, reducing procedural steps. 
  • The error detection feature facilitates easy identification of discrepancies and missing documents. 
  • Cloudoffis’ workflow management supports a thorough three-stage review process for comprehensive checks. 

 

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Your guide to Sorted Lite

Sorted Lite, powered by Cloudoffis, is a free workpaper solution that integrates seamlessly with Class Super to enhance your accounting workflow. It simplifies document management, workpaper preparation, data submission for audits, tracking audit progress, and streamlines collaboration with auditors through its query module. This guide is designed to ensure Sorted Lite users get the most out of their experience.

How to activate Sorted Lite in Class

You can activate Sorted Lite by following the steps outlined here:
How to Activate Sorted Lite.

Audit console in Class

The Audit Console page allows Class users to efficiently view all managed funds, track document uploads, workpapers, audit submissions, and manage open queries. More details can be found here:
Audit Console in Class.

Connect your auditor

To connect with your auditor in SMSF Sorted Lite, follow these steps:
How to Connect to an Auditor.

Submitting & re-submitting to auditor & uploading documents

Instructions on how to submit a job to your auditor are available here:
Submitting & Re-submitting an Audit

Before submitting a job for audit ensure that you upload documents. Detailed instructions are available here:
Uploading Document.

After uploading documents ensure that the OCR process has been completed before hitting the Submit to Auditor button (the OCR icon will appear as a circle in the middle of the screen at the top to show that it is still working)

If uploading documents after initial submission of audit job remember to
– Go to DMS, upload documents
– Select the unsorted folder
– Click on documents you wish to submit and- Share to auditor

Check the audit status of the fund submitted to the auditor

You can manage and review the status of submitted funds here:
Audit Stages in SMSF Sorted Lite

Manage open queries

For managing open queries, refer to:
Managing Open Queries in SMSF Sorted Lite.

Sorted Lite tutorial video

A tutorial video on Sorted Lite is available here:
Sorted Lite Tutorial Video.

Bookmarking supporting documents in Class via trial balance for internal reviewing process

Instructions on preparing workpapers and bookmarking documents are provided here:
Preparing Workpapers.

Financial reports generated from Class and automatically included in your submission to your Cloudoffis Auditor

These include:
– Annual Return – SMSF
– Depreciation Worksheets
– General Ledger
– Investment Income Comparison Report
– Investment Income Summary Report
– Member Statement
– Notes to the Financial Statements
– Operating Statements
– Realised Capital Gains Report
– Statement of Financial Position
– Trial Balance

Managing audit letters (Pre/Post audit letters)

Generate pre and post audit letters using the templates provided by auditors. Instructions are available here:
Auditor Templates & Audit Letters




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The Cloudoffis Bulletin:
August Edition

Welcome to this month’s Cloudoffis Bulletin!

As we transition into the first quarter of the year, the momentum is building, and so are our updates. We’ve packed this edition with exciting news, new product launches and valuable insights to keep you ahead of the curve.

So, sit back, relax, and dive into all the latest from the Cloudoffis team!

Industry highlights

The SMSF Association Technical Day

The Cloudoffis team was thrilled to participate in the SMSF Association’s Technical Day on 24-25 July at the Hyatt Regency Sydney. The event featured continued discussions around policies affecting the industry including the proposed Division 296 Tax.

Dr. Irene Guiamatsia shared compelling trends, highlighting the growing adoption of technology among SMSF specialists. She also noted that new trustees are increasingly influenced by internet research and word-of-mouth recommendations.

At Cloudoffis, we’re seeing the impact of these trends first hand as leading SMSF businesses are looking to Cloudoffis to support with better operational efficiencies, compliance support and protecting their clients data for their SMSF practices.

Get in touch today

Ensuring a seamless transition to Cloudoffis

Over 20% of SMSF funds are already audited using SMSF Auditomation by Cloudoffis, and that number keeps rising every month.

At Cloudoffis, we understand that managing process changes and upskilling your team on new systems can feel daunting, but it doesn’t have to be. Our dedicated onboarding program ensures a seamless transition, so you and your clients can start benefiting from better efficiency, data security and compliance support sooner.

Learn More


BGL Regtech Sydney

We had an incredible time at the BGL Regtech event in Sydney!

A big thank you to everyone who visited our booth – it was fantastic to connect with so many passionate professionals.

We showcased our latest features in SMSF Auditomation and SMSF Sorted, and introduced our newest product, Tax Sorted. The excitement and feedback we received were truly inspiring!

 

Graeme Colley

We extend a heartfelt thank you to Graeme Colley, Ambassador to The Auditors Institute, for partnering with Cloudoffis to review our inbuilt checklists.

His expertise ensures that Auditomation continues to support our customers in maintaining compliance.



Product updates

ISO 27001 Certification

At Cloudoffis, safeguarding your data is our top priority. We are proud to announce that we have again achieved ISO 27001 certification, the internationally recognised standard for information security management systems (ISMS).

This important certification demonstrates Cloudoffis’ commitment to continual improvement, development, and protection of information and sensitive data by implementing appropriate risk assessments, appropriate policies and controls.

Read more about our data security policy



Introducing Tax Sorted

We’re excited to invite our accounting community to join the waitlist for the upcoming product launch of Tax Sorted, a new tax workpaper solution by Cloudoffis.

Tax Sorted empowers accountants to prepare and submit tax returns with greater confidence and efficiency. By streamlining workpaper preparation and securely importing and organising your clients’ financial data, it allows you to effortlessly cross-check for final approval in a fraction of the time.

To learn more, book a demo or join our waitlist for the October launch, please visit our website

Join our Waitlist


Innovation is in our DNA

As Australia’s leading independent Software-as-a-Service provider dedicated to the SMSF industry, we bring over 8 years of unmatched experience. As pioneers, we consistently set the standard for innovation.

Customer feedback drives every feature we deliver. From enhanced integrations to intuitive platform experiences, continuous improvement is woven into our DNA, ensuring your ongoing success.

In case you missed our EOFY product wrap, click here to see what we’ve been busy working on.


Unlock more new features this financial year

As we kick start the new financial year, we’re excited to share the latest features we’ve packed into Cloudoffis. These updates are designed to ensure you enter FY25 with enhanced efficiency across your practice and improved communication and transparency between accountants and auditors.

We’ve been busy, so grab yourself a coffee and get into the updates!


Customer spotlight:

The Compliance Advantage for Superannuation Audit Services

Superannuation Audit Services, led by Denise Surjenko and Daniel Surjenko, has been a key player in this field for over 25 years. Based in Melbourne, Victoria, their award-winning firm has built a reputation for providing swift, independent auditing services with a personalised touch.

However, even the most established firms face challenges. For Superannuation Audit Services, reliance on traditional methods like Excel and hard copy documents created a bottleneck in their operations. The process was not only time-consuming but also prone to errors, impacting their ability to deliver the fast and accurate service their clients relied on. Enter Cloudoffis.

Read the full case study here.

Inside Cloudoffis

The Aussie team was thrilled to welcome our founders, Viral and Manish, to the Sydney office this month. Their visit included meetings with both existing and new clients and our partners in the industry.

Importantly, we took the opportunity to come together as a team to discuss our plans for the upcoming year, including the launch of Tax Sorted, our new Tax Workpaper solution, and how our products and services will continue to evolve to support the SMSF industry into FY25.

Rest assured that it’s going to be another big year ahead for Cloudoffis!




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Switching to Cloudoffis Made Simple

Did you know that over 20% of SMSF funds are audited using SMSF Auditomation by Cloudoffis? Each month, more auditors join the Cloudoffis community. However, many tell us that managing process changes and upskilling their team on new systems has been a barrier to making the move earlier.

Given the volume of new customers we onboard each month, we have evolved our onboarding program to ensure a smooth transition for everyone.

Onboarding Without the Headaches

Our industry-leading onboarding program supports your entire team to upskill and adopt Auditomation or SMSF Sorted by Cloudoffis seamlessly.


Daniel

However, what surprises our new customers the most is our comprehensive onboarding program for their accounting clients. In the last two months alone, we have onboarded over 30 accounting firms on behalf of our new customers.

Our service stands out because we have a dedicated account management team that works with you from before you become a customer, all the way through your Cloudoffis journey. From day one, we understand your investment goals in Cloudoffis and tailor our support to help you achieve them. Our team comprises industry experts who are committed to your success and speak your language.

Over time, we have also invested in our program to support the transition of files from new clients’ existing platforms and processes, ensuring historic records are uploaded and securely stored on Cloudoffis with ease. Whether you’re using Excel and email or another platform, our dedicated onboarding team makes the data transition a breeze.

Don’t Let Change Be a Barrier to a Better Way of Working

If you have been hesitant about how process change will affect your team’s productivity or morale, we encourage you to get in touch to discuss your concerns. You’re not alone. The good news is many clients before you have done it and only seen upside.

View our most recent customer testimonials.   

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New feature releases:
SMSF Sorted & SMSF Auditomation

As we kick start the new financial year, we’re excited to share the latest features we’ve packed into Cloudoffis. These updates are designed to ensure you enter FY25 with enhanced efficiency across your practice and improved communication and transparency between accountants and auditors.

We’ve been busy, so grab yourself a coffee and get into the updates!

Transform Your SMSF Workflows:
New features across Auditomation & Sorted Pro

Import & Re-import Flow in Auditomation & Sorted Pro

We are thrilled to announce a revamped Import & Re-import Flow for both Sorted and Auditomation! 🎉 Experience the new, efficient workflow today.

What’s New?

  • Instant Access: The moment you import financial data, you can jump straight to the job dashboard. No more waiting around!

  • Improved Efficiency: Financial data is accessible immediately while other data like observations, reports, and documents load in the background.

  • Enhanced Performance: With backend optimisations, system performance is significantly boosted, ensuring smoother execution and better resource management.

  • Streamlined Processes: These enhancements will make your existing processes more efficient, saving you valuable time.

Introducing ‘Waiting for Response’ Stage in Sorted and Auditomation!

We’re excited to introduce a new job stage, ‘Waiting for Response,’ to improve your workflow and communication! 📈

Problem Solved:

  • Auditors often have to pause audit job processing while waiting for responses from accountants. They typically change the job status to ‘Waiting for Client,’ but accountants cannot separately track these jobs, leading to delays.

The Solution:

  • New Job Stage: The ‘Waiting for Response’ stage will be introduced to accountants using Sorted and Sorted Lite, allowing accountants to easily track jobs pending their response.
  • Improved Turnaround Times: This new stage will streamline communication and speed up the turnaround times between accountants and auditors.


Big News for Auditomation Users


Reimporting clients details

We’ve listened to your feedback and are excited to introduce a new solution for re-importing client details in Auditomation! 🚀

What’s new?

  • One-Click Re-import: Now, with just one click, you can re-import client details. Fund, member, and trustee information will be updated automatically, ensuring accuracy and saving you time.
  • New ‘Add Alternate Address’ Field: You can now add an alternate address in the client details page. This new field is used for generating audit letters and reports with the alternate address, we’ve also added a placeholder called ‘Alternate Address’ to make it seamless.

These updates will drastically reduce manual efforts and enhance accuracy in your auditing process.

BGL Workpaper Docs

We’re excited to bring Auditomation customers a major time-saving enhancement: Auto Availability of BGL Workpaper Docs! 🚀

Previously, you had to manually convert each BGL Workpaper document to a Cloudoffis-supported format to use our bookmarking and search features. This was time-consuming, especially with a large number of documents.

The Solution:

  • BGL Workpaper documents will now be automatically converted to the Cloudoffis-supported format. No more manual conversions needed!


Billing Module & Practice Management

Whilst the Cloudoffis Billing module and Practice Insights were already available in the old version for Auditomation customers, we’ve now integrated them into the new version for a more streamlined and user-friendly experience. 🎉. Discover how Cloudoffis can streamline your practice management and enhance your workflow.

Checklist for FY24
Since there were no updates from the ATO this year, we’ve taken the opportunity to revamp and clarify our checklist for better understanding and ease of use.

 

Exciting updates for Class customers using SMSF Sorted Lite

We’re excited to announce more updates to enhance your SMSF Sorted Lite experience.

What’s new?

  • The audit console page is now even more action-oriented, allowing you to upload documents, submit jobs for audit, and download workpaper files directly from your Sorted Lite account, making your workflow smoother and more efficient.
  • The query module has been improved, enabling accountants to filter pending queries and prioritise actions for faster turnarounds.
  • We’ve made it easier for auditors to join the Cloudoffis Auditomation Pro platform, streamlining their audit processes and improving collaboration with Class accountants who use Sorted Lite, guaranteeing faster turnaround times.

$50 referral bonus SMSF Sorted Lite accountants

  • Did you know that as an SMSF Sorted Lite accountant, you can earn a $50 referral bonus when you refer your auditor to use Auditomation? Not only will you gain more control over every fund you manage, but you’ll also be able to automate your workpapers and submit audits to your auditor with just one click. This will help speed up the turnaround time of funds, as auditors will receive more structured data to work on. You’ll both benefit from easier collaboration with improved query management tools.

We love nothing more than investing in improvements to enhance your workflows and we continue to lead the industry with our product innovations. If you’d like any further information on the features we’ve delivered, reach out to Kresant in Sales or Dilnar and Jocelyn in Customer Success.

Read more about these releases in detail


SMSF Sorted

SMSF Auditomation





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Client Case Study: Superannuation Audit Services

Superannuation Audit Services, led by Denise Surjenko and Daniel Surjenko, has been a key player in this field for over 25 years. Based in Melbourne, Victoria, their award-winning firm has built a reputation for providing swift, independent auditing services with a personalised touch.

However, even the most established firms face challenges. For Superannuation Audit Services, reliance on traditional methods like Excel and hard copy documents created a bottleneck in their operations. The process was not only time-consuming but also prone to errors, impacting their ability to deliver the fast and accurate service their clients relied on.

Enter Cloudoffis. With the implementation of SMSF Auditomation, Superannuation Audit Services embarked on a transformative journey. This case study explores how Cloudoffis revolutionised their operations, streamlining data management and unlocking new opportunities for growth and client satisfaction. From overcoming initial hurdles to reaping the benefits of automation, discover how Cloudoffis enabled Superannuation Audit Services to elevate their practice and embrace a more flexible, efficient future.

Client: Denise Surjenko, Founder and Partner, ASIC Registered SMSF Auditor and Daniel Surjenko, Partner, ASIC Registered SMSF Auditor
Company: Superannuation Audit Services
Location: Melbourne, Victoria
Service Area: Nationwide
Client Base: Diverse, primarily SMSF clients
Website: Superannuation Audit Services

Company Overview:

Superannuation Audit Services is a specialist Self-Managed Super Fund (SMSF) auditing firm providing independent SMSF auditing services with a fast turnaround. With over 25 years of experience, they support accounting firms of all sizes, from the Big 4 to sole practitioners, both on-site and off-site, across Australia. Their award-winning firm is renowned for its personalised service, accessible team, and extensive expertise.

The Challenge:

Superannuation Audit Services faced significant challenges with storing and manually processing data. They relied heavily on Excel and hard copy documents, which was time-consuming and prone to errors. The process of checking market values and handling dividends manually was particularly cumbersome.

Why Cloudoffis:

With the implementation of SMSF Auditomation by Cloudoffis into their business, Superannuation Audit Services transitioned from using Excel and hard copy documents to a more streamlined, automated process that has been warmly welcomed by the team, who are dotted around Australia. This transition allowed them to improve operational processes and handle data more efficiently and accurately.
 

Benefits Realised:

  • Time Saved: The automation process significantly reduced the time spent on manual data entry and processing, allowing SAS to focus on more critical tasks.
  • Growth Unlocked: The efficiency gained from using Cloudoffis enabled the firm to hire top talent across Australia, expand their client base and take on more clients nationwide.
  • Greater Customer Satisfaction: The automation provided by Cloudoffis led to higher satisfaction among their clients due to the faster turnaround times and more accurate reporting.

Time better spent:

The transition to Cloudoffis enabled all staff at Superannuation Audit Services to work remotely. This shift to Cloudoffis not only made operations more flexible but also allowed them to service clients from various locations across Australia, including Sydney, Brisbane, Whitsundays and Perth. 

SAS’s top tips for using Cloudoffis:

  • Utilise Resources: Make the most of the resources and support provided by Cloudoffis.
  • Keep in Contact: Maintain regular communication with the Cloudoffis support team to resolve any issues quickly.
  • Just Use It: Embrace the platform fully to realise its benefits and improve operational efficiency.

By implementing Cloudoffis, Superannuation Audit Services transformed their operations, achieving significant time savings, unlocking growth opportunities, and enhancing customer satisfaction. Their journey with Cloudoffis is a great example of how simplifying your SMSF Audit workflows can allow you to rethink your practice management processes, embrace new growth strategies and drive business success.

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