Introduction

Discover seamless invoicing solutions with faktoora, designed to empower businesses with efficient electronic invoicing through its comprehensive e-invoicing API. Faktoora’s mission is to modernize and streamline invoicing by supporting standards like ZUGFeRD and EN16931, which ensures compatibility and regulatory compliance. By integrating IdentityCheck, you bring robust ID verification into faktoora, enhancing security and streamlining client verification processes.

Why Connect IdentityCheck to faktoora

Integrating IdentityCheck with faktoora provides profound benefits by enhancing your invoicing workflow:

• Enhanced Compliance: Utilize KYC checks to verify identity effectively, ensuring compliance with legal standards and reducing the risk of fraud.
• Improved Efficiency: Speed up client onboarding by automating identity verification, allowing you to save time and resources.
• Seamless Integration: Faktoora’s API allows for simple incorporation of IdentityCheck to provide a tailored, secure invoicing experience.

For accounting professionals, IdentityCheck has shown exceptional results, as illustrated by Wardle Partners, which achieved a 5-10x ROI by saving 30 minutes per client.

Setting Up the Integration

1. Log in to your faktoora account and navigate to the ‘Integrations’ section.
2. Select IdentityCheck from the list of available integrations.
3. Follow the on-screen instructions to authenticate your IdentityCheck account.
4. Configure your ID verification settings according to your business needs.
5. Test the integration with a sample client to ensure everything is functioning as expected.
6. Activate the integration to start using IdentityCheck within your faktoora workflow.

How It Works in faktoora

Within faktoora, creating an invoice with ID verification is straightforward. As you develop an invoice draft, the system prompts you to perform a KYC check on your client. IdentityCheck runs this seamless process in the background, verifying identity details without interrupting your workflow. Post verification, proceed to finalize and send the invoice, assured that both compliance and accuracy requirements are met.

Frequently Asked Questions

How is my data stored? Your data is encrypted and securely stored according to industry best practices, ensuring confidentiality and safety.

Can I customize my identity verification process? Yes, within your integration settings, you can tailor the verification criteria to match your operational requirements.

What happens if an identity check fails? You will receive a notification allowing you to review and correct any issues before completing the invoicing process.

In Summary

Integrating IdentityCheck into faktoora not only enhances your compliance by enabling precise identity verification but also increases the operational efficiency of your invoicing processes. As businesses continue to evolve, ensuring streamlined and secure financial transactions has never been more crucial.