Introduction

Firm360, available at firm360.com, serves as an all-in-one practice management solution designed specifically for accounting firms. The platform’s mission is to streamline your day-to-day tasks with features like client management, billing, project tracking, and document handling, all accessible from a single interface. Integrating IdentityCheck into Firm360 enhances its functionality by providing seamless ID verification and KYC checks, boosting security and efficiency.

Why Connect IdentityCheck to Firm360

Pairing IdentityCheck with Firm360 adds significant value by allowing firms to verify identity directly within the platform, simplifying the onboarding process and ensuring compliance with regulatory standards. Not only does this integration save time, but it also reduces errors and potential compliance issues. For a real-world example, Wardle Partners, an accounting firm, achieved a remarkable 5–10x ROI and saved 30 minutes per client through this integration, while slashing costs by 50%.

Setting Up the Integration

1. Log in to your Firm360 account.
2. Navigate to the “Integrations” section in the settings.
3. Select IdentityCheck from the list of available integrations.
4. Authorize the connection by providing your IdentityCheck API key.
5. Configure your ID verification preferences.
6. Save changes and conduct a test verification to ensure everything is set up correctly.

How It Works in Firm360

Once integrated, the identity check process within Firm360 is seamless. For instance, when a new client is added, the system automatically prompts IdentityCheck to verify their identity. After the KYC check is completed, the client’s verification status is updated in real-time, ensuring your records are always current and compliant.

Frequently Asked Questions

• How is data stored during the ID verification process? Data is encrypted and securely stored according to industry standards to maintain client confidentiality.
• Can I customize the KYC check parameters? Yes, you can configure various verification settings to meet your firm’s specific requirements.
• What happens if a check is incomplete? Firm360 alerts you to manually review and resolve incomplete checks, ensuring no detail is overlooked.

In Summary

Integrating IdentityCheck with Firm360 empowers accounting firms to conduct reliable ID verification and KYC checks more efficiently. With streamlined operations and enhanced compliance, firms save time and decrease costs, making it an invaluable addition to any practice management strategy.