{"id":212200,"date":"2025-04-29T05:44:32","date_gmt":"2025-04-29T05:44:32","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/making-compliance-easier-with-a-new-xero-and-bgl-workpapers-partnership\/"},"modified":"2025-04-29T05:44:32","modified_gmt":"2025-04-29T05:44:32","slug":"making-compliance-easier-with-a-new-xero-and-bgl-workpapers-partnership","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=212200","title":{"rendered":"Making compliance easier with a new Xero and BGL workpapers partnership"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<p>Delivering powerful, integrated tools for our accounting and bookkeeping partners to help their small business clients is a key focus for us at Xero.&nbsp;<\/p>\n<p>We understand the pressures you face \u2013 the need for efficiency, accuracy, and seamless workflows is critical. We also know how important a reliable workpapers solution is to those workflows &#8211; having a comprehensive and efficient solution in one platform can make a huge difference to streamlining your compliance processes.<\/p>\n<p>I mentioned it during Summer Series, that getting you an improved workpapers solution was a top priority for Diya and myself, and I know we at Xero have been saying this for years &#8211; that\u2019s why I\u2019m very excited to share more details with you about our new and reimagined workpapers solution! Xero is partnering with <a href=\"https:\/\/www.bglcorp.com\/\">BGL Corporate Solutions<\/a>, a leading compliance management and AI-powered paper-to-data software provider to develop a new, integrated workpapers solution, exclusively for our Xero accounting and bookkeeping partners.<\/p>\n<p>This isn&#8217;t about incremental tweaks to our existing solution; it&#8217;s about fundamentally improving how you manage the end-to-end workflows in your practice. We know the frustration that can come from using workarounds to our current solution, juggling disparate systems to make it work.&nbsp;<\/p>\n<p><strong>Imagine seamlessly managing, reviewing, and completing your bookkeeping, workpapers and tax all in one place.<\/strong><\/p>\n<p>What does this mean for your practice?<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>One source of truth from Xero:<\/strong> By automating data flows and the direct import of client bookkeeping data from Xero into a working trial balance, we will significantly reduce and in most cases eliminate the need for manual data entry. This means less tedious work leading to faster review and finalisation of client accounts, tax returns, and financial statements.\u00a0\u00a0<\/li>\n<li><strong>Connecting every step of the compliance journey:<\/strong> The solution will integrate directly with your existing Xero tools at every step of the compliance process. This connectivity streamlines the entire process &#8211; from your clients Xero subscription, to reporting, Xero Tax, and your practice client records and staff permissions.\u00a0<\/li>\n<li><strong>Enhanced collaboration:<\/strong> You will be able to easily assign and review workpapers within your practice, approve and make adjustments and collect information from clients faster.<\/li>\n<\/ul>\n<p>This partnership brings together Xero\u2019s strength in accounting and tax with BGL\u2019s deep expertise in compliance. BGL has been a valued Xero ecosystem app partner since 2018. Their track record in delivering world class solutions like CAS 360 and Simple Fund 360 for self managed superfund workpapers and compliance makes them the ideal partner to develop a solution that caters to the diverse needs of practices of all sizes.&nbsp;&nbsp;<\/p>\n<h2 class=\"wp-block-heading\"><strong>Looking ahead<\/strong><\/h2>\n<p>We believe this new workpapers solution will empower practices to streamline operations, improve accuracy, and ultimately, free up your time to focus on the things you really care about whether that\u2019s improving efficiencies, growing your practice, or better servicing your clients.&nbsp;&nbsp;<\/p>\n<p>We&#8217;re looking forward to bringing this solution to our Australian partners first in the coming months, starting with an early access program for feedback before the initial product launch later this year. If you\u2019re interested in participating, your practice can join our beta and early access program, <a href=\"http:\/\/xero.com\/insiders\">Xero Insiders<\/a>. We&#8217;ll then follow up with releases for practices in New Zealand and the UK.<\/p>\n<p>It&#8217;s an exciting step forward, combining the strengths of two industry leaders to deliver something truly valuable for our partner community. We\u2019re excited to roll this new solution out and see how it starts making a difference in your day-to-day work, helping you save time and drive greater efficiency.<\/p>\n<p>The post <a href=\"https:\/\/blog.xero.com\/news-events\/bgl-workpapers-partnership\/\">Making compliance easier with a new Xero and BGL workpapers partnership<\/a> appeared first on <a href=\"https:\/\/blog.xero.com\">Xero Blog<\/a>.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>Delivering powerful, integrated tools for our accounting and bookkeeping partners to help their small business clients is a key focus for us at Xero.&nbsp; We understand the pressures you face \u2013 the need for efficiency, accuracy, and seamless workflows is critical. We also know how important a reliable workpapers solution is to those workflows &#8211; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":212201,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11759],"tags":[59431,15442,11581,2167,11188,15930,64119,80416,26182],"dealstore":[],"offerexpiration":[],"class_list":["post-212200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","tag-bgl","tag-compliance","tag-easier","tag-making","tag-partnership","tag-partnerships","tag-practice-tools","tag-workpapers","tag-xero"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Making compliance easier with a new Xero and BGL workpapers partnership - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=212200\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Making compliance easier with a new Xero and BGL workpapers partnership - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Delivering powerful, integrated tools for our accounting and bookkeeping partners to help their small business clients is a key focus for us at Xero.&nbsp; We understand the pressures you face \u2013 the need for efficiency, accuracy, and seamless workflows is critical. 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