Introduction

Welcome to seamless digital contracting with Monax, where smart, simple, secure contracting is made easy for businesses of all sizes. By integrating IdentityCheck with Monax, you harness the power of robust ID verification alongside Monax’s digital contracting solutions. With features such as dynamic document creation, collaborative workflows, and automated contract management, Monax transforms how organizations manage agreements. IdentityCheck complements these capabilities by ensuring every user is verified, adding an extra layer of security and trust.

Why Connect IdentityCheck to Monax

• Enhanced Security: IdentityCheck brings industry-leading ID verification to Monax, ensuring every stakeholder in your contract pipeline is authenticated, safeguarding against fraud.
• Simplified Workflows: By integrating identity checks with Monax’s automated workflows, businesses can streamline the entire contract lifecycle, from negotiation to execution, with added trust.
• Improved Efficiency: Leverage IdentityCheck to reduce time and costs associated with manual KYC checks, as exemplified by Guardian Tax Solutions, which achieved a 90% reduction in onboarding time with IdentityCheck.

Setting Up the Integration

1. Log into your Monax account and navigate to the Integrations section.
2. Select “IdentityCheck” from the list of available integrations.
3. Follow the prompts to connect your IdentityCheck account using your API key.
4. Configure your verification settings within the Monax dashboard.
5. Enable the integration to launch live verification processes within your contracts.

How It Works in Monax

Within Monax, initiating an identity check is intuitive. When creating a new contract, you can add an “Identity Verification” step. Your counterparty will receive an email prompting them to verify their identity using IdentityCheck. Once completed, Monax updates the contract status to reflect the successful verification, seamlessly integrating with your workflow and providing peace of mind.

Frequently Asked Questions

• What data does IdentityCheck store? IdentityCheck stores only essential KYC data temporarily, ensuring compliance and data protection.
• Can I customize the verification process? Yes, IdentityCheck offers flexible identity check configurations to suit your business needs.
• What happens if an identity check is incomplete? Monax will notify you of incomplete checks, and you can resend the verification request easily.

In Summary

Integrating IdentityCheck with Monax revolutionizes your digital contracting experience by incorporating reliable ID verification directly into your contract processes. As you leverage this synergy, enjoy enhanced security, streamlined workflows, and improved operational efficiency, all within one comprehensive platform.