Onboarding and compliance
for regulated companies and developers
Onboarding and compliance
for regulated companies and developers
Onboarding and compliance
for regulated companies and developers
Customer due diligence
Whether you are a lawyer, a tax consultant, a fund or simply a company - with our digital KY-X processes for legal entities and natural persons, you can increase your productivity, relieve your specialists and at the same time fulfill all compliance obligations in an audit-proof manner and with minimal effort.
Audit-proof documentation and information available at all times
No paper or email clutter - simple plug & play
All relevant data in one system and at your fingertips with one click
AT A GLANCE
Digitize and automate the entire client onboarding process via plug & play - including AMLA compliance and multilingualism. From web registration to KYC/KYB with identification of beneficial owners, conflict & compliance checks, automatic loading of documents from the commercial register and automatically generated KYC reports.
Depending on whether you want to collect data from clients, investors, traders, legal entities or natural persons, a corresponding KYC process is available to you.
Make the onboarding questionnaire available to your potential clients / customers either via self-onboarding within your website or upload it conveniently to your personal BetterCo workspace.
With integrated (technical) assistance, we offer both your specialist and your clients / customers the best guidance and overview.
The best thing is that you can work through the onboarding process together with your client / customer in real time and see the respective progress with complete transparency.
Self-onboarding integrated into the website
Are you missing queries or are irrelevant data being requested? No problem, choose from our industry-specific processes and customize the process to suit your company.
Is there data / queries that your client / customer should not see? No problem! You can decide for yourself.
100% customizable
Create your own processes and save time with just a few clicks
Process templates always up to date with the latest case law
Minimize the number of queries through integrated assistance
Thanks to our integration of public data sources, around 80% of the data is validated and pre-filled in advance as if by magic.
approx. 80% of the data prefilled
approx. 90% time saving for your specialists
Optimal onboarding experience for your clients / customers
Not only is validated data transferred automatically, we also automatically download the latest commercial register extracts, shareholder lists and other documents from the commercial register and make them available to you in your KY-X process.
No more endlessly searching for documents
Documents are always up-to-date
Using the latest technologies, the data from international identity documents such as passports or ID cards is read out fully automatically and simply presented to you for verification.
Identity check in just a few minutes
Digital & uncomplicated
With our ready-made conflict check, you can quickly and easily analyze whether there is a potential conflict with one of the customer's associated contacts or companies.
Simple and reliable conflict check
Audit-proof documentation
As soon as the KYX process has been successfully completed, a corresponding report is generated automatically. In this way, we enable an audit-proof audit trail over a long period of time.
always able to provide information at any time
Audit-proof documentation
can be viewed transparently by your clients/customers at any time
A due diligence process can only be designed for maximum efficiency through real-time collaboration. For this reason, we offer features for smart collaboration across the entire workspace, such as group chats, discussions, comments and reminders. These are particularly relevant during the KYX onboarding process in order to communicate clearly and transparently both internally and with the client team and thus be able to start the actual collaboration as quickly as possible.
100% in real time
No more document or email ping-pong
Maximum efficiency and best service for your client / customer
Cooperation finally takes place at process level instead of document level
The digital file works like a shared data room in which all documents, events, contacts, etc. are stored and constantly updated. Determine exactly what your team members and clients may or may not see.
So you have everything in one place: contracts, agreements, approvals, relevant events, tasks and much more.
everything centralized in ONE system
Minimizes administrative overhead
Fine-grained release options mean that everyone involved sees what they are supposed to see
everything documented in an audit-proof manner
Step 1
Your client / customer can be onboarded either via web form or directly in your workspace
approx. 90% time saving
No more document chaos and email ping-pong
100% customizable to your needs
Process templates always up to date with the latest case law
Step 2
If your client / customer is found by our system in the commercial register, a large part of the information is pre-filled, such as company and address data, the beneficial owners, the legal representatives and much more.
In addition, we provide you with the latest documents from the commercial register, such as the extract from the commercial register, list of shareholders and much more.
Best experience for your specialists as well as your clients / customers
Enormous time savings during onboarding
Always have the correct and most up-to-date data at hand
Step 3
Thanks to integrated assistance in fully digital onboarding, we reduce the number of queries to your specialists many times over
Your specialists can finally concentrate on the important things
The time from onboarding to mandate is extremely short
Step 4
All collected data, documents, events and contacts are stored centrally and fully automatically in the digital file and are constantly updated - your single source of trust but also your single source of collaboration.
100% transparency and clarity for both sides
Never again be lost in a jungle of outdated data, irrelevant document versions and undocumented tasks
Our claim: 100% audit security and information capability with maximum efficiency and a single source of truth - for you and your clients / customers
Time savings for both your specialists and your clients / customers
Data prefilled by public data sources
View of all your clients, buyers, investors, holdings, traders, ...
"With BetterCo, we achieve extreme time and cost savings for the KYC onboarding and risk analysis of our clients, the signing of the mandate agreement and the ongoing money laundering monitoring. Our clients appreciate the short processing times and we no longer have to play e-mail ping-pong. Our partners can focus on their projects instead of tedious administration."
"As an investment banker, we are committed to MLA for our strategy and M&A advisory services.
BetterCo makes it very easy for our teams to collect the necessary KYC data completely and quickly. BetterCo also actively informs us about changes at our clients. In addition, our risk position is transparent for me at all times.
"Failure to comply with the AMLA will be severely punished by the competent supervisory authorities. In addition to severe fines, an entry can be made in the central trade register. With the KYC workflows from BetterCo, we can prove at any time that we have complied with our duty of care and fulfill the recording and storage obligations under the AMLA."
Start with mandates in hours instead of weeks and relieve staff
Experience 5x faster customer due diligence
Efficient risk management thanks to automated compliance checks and customizable risk models
Verify the identity of your clients in minutes & sign digitally
Protect your company with continuous monitoring
First-class collaboration and digital housekeeping with clients & customers
Integrate BetterCo seamlessly into your system and offer your customers an exceptional customer experience throughout the entire customer lifecycle.
