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SuperMate Releases Anti-Fraud Feature

Aug 14, 2024, 14:55 PM

Enterprise SMSF software - SuperMate® is pleased to announce the launch of a new bank account verification feature, designed to help administrators reduce the firm’s risk of fraud.
 
The new feature requires an in-built separation of duties to verify the bank account details for ATO refunds and SuperStream transactions, adding an extra layer of security to what may be considered vulnerabilities in the eco-system.
 
“Fraud is a serious concern for the accounting and financial services industry” said Matthew Rowe, CEO of SuperConcepts. “This is a crucial feature for large enterprise clients; and firms that are seeking to reduce the risk of fraud in their business.”
 
The bank account verification feature is part of the significant investment made to SuperMate over the last twelve months. The company has also made investments in workflow automation, property processing, adviser and client portals, and integration with leading industry platforms.
 
“Bank Account Verification feature is further proof that SuperMate is the ideal technology partner for firms offering SMSF services at scale” said Andy Forbes, Chief Technology Officer, SuperConcepts.
 
With a dedicated migration team, SuperMate ensures a smooth transition for new clients from other platforms.
 
SuperMate is dedicated to simplifying SMSF so more Australians can control their super.
 
For more information about SuperMate SMSF software, visit the website at https://www.supermate.com.au.

 
For all media queries
Andy Forbes | +61 403 189 932 | andy.forbes@superconcepts.com.au

 
About SuperMate

SuperMate® is an SMSF, Small APRA Fund (SAF) and portfolio administration and compliance software product. As an enterprise cloud solution, SuperMate is designed to help accountants, financial advisors, and administrators efficiently deliver these services at scale to their clients. SuperMate is built on proprietary technology that includes the market-leading document automation platform, Data Hero® and is the third largest SMSF software solution in Australia.