Strategy Automation is here... and you don't even know it.

Now the headline says it all. LightYear Docs has built a whole range of strategy automation that accountants, financial planners and SMSF advisers can use to make their lives easier -compliance, resource, time and revenue wise.  But sometimes the message does not hit the mark. 

Last week one of our users built a non-bank holding trust on our platform for a related party loan and wondered whether they needed to do a mortgage deed with it.  Absolutely and seven other documents as well including minutes for the trustee of the Holding Trust, minutes for the trustee of the SMSF resolving to set it up and of course the related party loan. Now all of these documents sit on the LightYear Docs website but so to does our Strategy Automation for a Related Party Loan. To put them all in individually, complete every interview, get the right order and print would take a couple of hours. But with LightYear Docs strategy automation – the LRBA Related Party Pack takes no more than 10 minutes to complete, has been signed off legally by TGA Legal and provides the relevant nine documents for built-in compliance in one print, and in order.  

Never has strategy been so easy.

This is one reason why it is important to look for any strategies in our Resources section first as we have more than 30 recorded strategies there, or call us on 1300 168 380 to see if we have automated the strategy you are putting in place, BUT number one in importance is making it to our regular Thursday strategy training sessions. These are not simply demos of our documents. It’s me going through the strategy in question, the legal and SISA requirements, compliance trail, traps and tricks and then showing you what and where information is to be input into our interview to make things work - perfectly and quickly. These one hour training sessions is where strategy hits the road to revenue. 

And here’s the deal. 99% of related party loans that have been completed since 2007 have not had a full compliance deck which can lead to all sorts of dramas, particularly if the lender dies and the estate fights with the SMSF over the loan!

Our next LightYear Docs training and strategy session is on commercial leases for business real property transfer PLUS a preview of a full strategy automation for the transfer of business real property into a SMSF from a Family Trust, partnership, company or individuals. There are so many steps involved but you or any of your team will be able to punch the strategy out in minutes saving many thousands in legal fees, which can go into your firm’s back pocket. That is our purpose of being – to make your life easier, take out the compliance danger and legal suits plus add significantly to your bottom line.  We love it and there is a lot more to come.

Book into this weeks training on Thursday 15 August 2019 at 10am - Register here: LightYear Docs Weekly Strategy and Training Session

- Stay Certain. Stay Secure. Stay Compliant. 

Grant Abbott, CEO LightYear Docs