Clinton Reid had a vision for an SMSF accounting service that provided up to date accounting and investment information for detailed analysis. For some reason or another, it was hard to find. Average service often accompanied huge bills. Lower fees allowed no service at all. After trialing all of the major administrators, he decided to build a service that he was happy with and Supervision was born.
As a planner, Clinton needed accuracy and immediacy. He also needed compliance standards that meant his clients were protected from the ATO at all times. Supervision Superannuation Services was the output of Clinton’s desire to do it better.
Chris Homer joined the group in 2005 with the goal of implementing ongoing changes. Introduction of business systems to speed up manual tasks and improve accuracy was at the top of the list and it has been a driving force which has pushed Supervision to where it is now. A business devoted to speed, accuracy and great value for money.
Supervision SMSF was one of the founding users of Class Super which is Australia’s most advanced SMSF accounting package. The team understood very quickly the level of efficiency that the system can deliver when coupled with data feeds and other efficiency boosters. Automated Real Time SMSF administration was made possible by the combination of Class and our improved business systems.
Recently Supervision has expanded its services to include Business and Trust Accounting. This occurred because our existing clients demanded it and we can now do it with speed and accuracy through Xero. Xero is a cloud accounting package that is able to take much of the heavy lifting out of creating accounts and management reports. Xero has evolved and improved to make integration with other applications easy. A single software package can’t do everything, but Xero can integrate with third party applications to provide your business with a customised solution which is the secret to success in today’s modern age.
The team want to leverage technology to improve your Business, SMSF, Family Trust & Investment Portfolio accounting. The improvements to speed and accuracy give our team more time to spend with you improving your overall personal wealth.
Supervision believes in reducing waste, with practical solutions like electronic signatures for tax returns and electronic notifications to reduce the amount of waste our business produces. If we can do our work with less impact on the environment we will be the first to try.
At Supervision our team motto is “Race Time” and we hope to live it every day. We aren’t your typical accountants and we like it that way.