Australian accounting firms are heading into a new compliance era. With AUSTRAC’s AML/CTF regime expanding to cover accountants, the pressure to implement proper anti-money laundering controls is no longer hypothetical, it’s arriving. If you’ve started searching for the best AML software for accountants, you’re already ahead of most practices, and that’s exactly where you want to be.
But choosing the right tool isn’t straightforward. Some platforms are built for large financial institutions and come loaded with features (and price tags) that don’t suit a mid-sized accounting practice. Others look simple on the surface but fall apart when you try to connect them to your existing CRM or practice management software. The gap between "technically compliant" and "actually works day-to-day" is wider than most vendors will admit.
That’s a problem we understand well at StackGo. We built IdentityCheck to handle KYC and AML verification directly inside your existing software stack, no extra tabs, no manual data entry, no duct-taping workflows together with Zapier. It’s one of several approaches on this list, and it may or may not be the right fit for your firm. That’s why we put this guide together: to give you an honest comparison of six AML software options built for or well-suited to Australian accountants.
Below, we break down each platform’s features, pricing, integration capabilities, and how well it handles the specific compliance requirements accountants face under the expanding AUSTRAC regulations. Whether you’re a sole practitioner or managing a multi-partner firm, this guide will help you make a confident, informed decision before the deadline catches up.
1. StackGo IdentityCheck
StackGo IdentityCheck is our own product, so we’ll be transparent about that upfront. We built it to solve a specific problem that keeps surfacing across accounting practices of all sizes: the need to run AML and KYC checks without leaving your existing software or juggling yet another standalone platform.
What it does for accountants
IdentityCheck lets you verify client identities directly inside your CRM, such as HubSpot or Salesforce, without switching tabs or re-entering data manually. It reads contact information already stored in your system, runs the verification, and writes the result back automatically. For accountants facing new AUSTRAC obligations, this means compliance steps slot into the workflows your team already uses every day.
How it works inside your CRM and core apps
The integration is productised, not a Zapier-style connector that breaks when something changes upstream. You install it, connect it to your CRM, and it runs checks from within the contact record itself. No API development is required on your end, and no extra software for staff to learn. Results appear directly in the client profile once verification completes.
Key AML and KYC features that matter in practice
IdentityCheck covers document verification and identity screening across more than 200 countries and 10,000 document types. When evaluating the best AML software for accountants, these are the checks that matter most:
- ID document validation
- Sanctions and PEP screening
- Audit-ready verification records stored against the client record
Your compliance record is only as strong as the evidence you can produce quickly, and IdentityCheck stores that evidence where you actually work.
Privacy and data handling
A privacy layer sits between your CRM and the verification engine, so Personally Identifiable Information is not stored inside your CRM. Access to verification data requires MFA-authenticated admin approval, which matters under Australian privacy obligations.
Integrations and setup
IdentityCheck connects natively with HubSpot, Salesforce, and Xero. Setup typically takes less than a day, with no custom development required.
Pricing approach
Pricing runs per check, meaning you pay based on actual usage rather than a flat monthly seat fee. This suits practices with variable client volumes.
Best fit and limitations
IdentityCheck works best for practices already using a supported CRM that want compliance built directly into their existing workflow. If you need a fully standalone platform with its own client-facing portal, this is not the right fit.
2. easyAML
easyAML is an Australian-built platform designed specifically for accounting and bookkeeping firms navigating the incoming AUSTRAC obligations. It focuses on making AML compliance manageable for smaller practices that do not have a dedicated compliance team on staff.
What it does for accountants
You get a purpose-built environment for running client due diligence, managing risk assessments, and maintaining the records your firm needs to demonstrate AUSTRAC compliance without relying on spreadsheets or manual filing systems.
How it supports Australian AML and AUSTRAC needs
The platform aligns with Australian regulatory requirements under the expanded AML/CTF framework. It provides templated risk assessment workflows built around the specific obligations AUSTRAC expects accounting firms to meet as the regime rolls out.
Core workflows and features
easyAML handles the compliance tasks most accounting practices need to cover:
- Customer due diligence and enhanced due diligence (EDD)
- Ongoing monitoring and client risk scoring
- Audit-ready record keeping with supporting evidence attached to each client file
If you’re searching for the best AML software for accountants that fits Australian rules without heavy configuration work, easyAML is worth a close look.
Integrations and setup
Running as a standalone web platform, easyAML does not offer native CRM integration. Your team will need to move between systems when handling client records alongside your existing practice management software.
Pricing approach
Pricing follows a subscription model based on firm size, with specific figures available on request directly from easyAML.
Best fit and limitations
easyAML suits smaller accounting firms that want a dedicated, compliance-focused tool without needing CRM integration. If your practice depends on a connected workflow inside HubSpot or Salesforce, you will encounter friction.
3. First AML
First AML is a KYC and AML platform built for professional services firms, with a strong presence across Australia and New Zealand. It targets accounting practices, legal firms, and real estate businesses that need structured compliance workflows without building them from scratch internally.
What it does for accountants
First AML provides a client-facing digital onboarding experience that collects identity documents and supporting information directly from your clients. Your team reviews and approves the submissions through a centralised dashboard rather than chasing documents over email.
Onboarding and ongoing due diligence workflows
The platform walks clients through a guided digital process, reducing the back-and-forth that slows down traditional onboarding. Ongoing due diligence is supported through automated review prompts, so your team gets notified when a client’s risk profile needs re-checking rather than relying on manual calendar reminders.
Screening, risk scoring, and audit trail strengths
First AML runs sanctions and PEP screening automatically during onboarding and flags results for your review. Each client file builds a clear audit trail, which gives your firm documented evidence of due diligence when regulators ask.
For practices evaluating the best AML software for accountants, a strong audit trail is often what separates a compliant firm from a vulnerable one.
Integrations and setup
First AML connects with some practice management tools, though native CRM integration is limited compared to embedded solutions.
Pricing approach
Pricing is available on request and is typically structured around firm size or volume.
Best fit and limitations
First AML suits mid-sized firms that want a polished client-facing onboarding experience. If your team needs verification results feeding directly into an existing CRM, you will need to handle that data transfer manually.
4. AMLHUB
AMLHUB is a New Zealand-founded compliance platform that has expanded into the Australian market, targeting accounting firms, legal practices, and other professional services businesses. It positions itself as a full-service AML solution that combines software with practical guidance for firms building their compliance programmes from the ground up.
What it does for accountants
AMLHUB gives your firm a centralised workspace for managing client due diligence, risk assessments, and compliance documentation. The platform is built around helping practices that are newer to formal AML obligations get structured and audit-ready without needing an in-house compliance specialist.
Workflow guidance, training, and outsourcing options
Beyond the core software, AMLHUB offers built-in training resources and workflow guidance that walk your team through what compliance steps to follow and when. For firms that want to go further, the platform also connects you with outsourced compliance support, which suits practices that do not want to manage the entire function internally.
If you’re evaluating the best AML software for accountants and need more than just a tool, the training and outsourcing layer here is a genuine differentiator.
Evidence, record keeping, and audit readiness
AMLHUB stores client verification records and supporting evidence in a structured way, so your firm can produce documentation quickly if AUSTRAC requests it. Each client file holds a clear evidence trail tied to the risk assessment and due diligence steps completed.
Integrations and setup
AMLHUB operates as a standalone platform with limited native integration into popular CRMs or practice management tools.
Pricing approach
Pricing is subscription-based and available directly from AMLHUB on request.
Best fit and limitations
AMLHUB suits practices building a compliance programme from scratch that want guidance and support alongside the software. If you need tight integration with your existing CRM, this platform will require manual data handling between systems.
5. OverSEER AML
OverSEER AML is an Australian compliance platform designed to help professional services firms, including accounting practices, meet their AML/CTF obligations under AUSTRAC’s regulatory framework. It focuses on giving smaller to mid-sized firms the core tools they need without the overhead of enterprise-level software.
What it does for accountants
OverSEER AML gives your practice a structured environment for managing client due diligence, risk assessments, and the compliance documentation your team needs to demonstrate compliance. The platform is built with Australian regulatory requirements in mind, which reduces the configuration work required before it becomes useful to your staff.
AUSTRAC reporting and compliance workflow coverage
The platform covers the compliance steps AUSTRAC expects from reporting entities, including customer identification and verification alongside documented risk-based assessments. Your team gets guided workflows that align with the specific obligations accountants face under the expanded AML/CTF regime.
For practices evaluating the best AML software for accountants that maps directly to local regulatory expectations, OverSEER AML keeps AUSTRAC obligations front and centre.
Screening, monitoring, and case management basics
OverSEER AML includes sanctions and PEP screening as part of its onboarding workflow, with results recorded against each client file. Ongoing monitoring tools flag changes in client risk profiles so your team can respond before issues escalate.
Integrations and setup
The platform runs as a standalone web application, with limited native integration into external CRMs or practice management tools.
Pricing approach
Pricing is available on request directly from OverSEER AML, with no public pricing listed on their site.
Best fit and limitations
OverSEER AML suits Australian accounting firms that want a locally focused compliance tool. If your practice needs CRM-embedded verification workflows, you will handle data transfers manually between systems.
6. ComplyAdvantage
ComplyAdvantage is a global financial crime intelligence platform used by banks, fintechs, and professional services firms that need enterprise-grade screening capabilities without building their own data infrastructure. It represents a significant step up in sophistication compared to the Australian-focused tools on this list.
What it does for accountants
ComplyAdvantage gives your firm access to real-time financial crime data covering sanctions, politically exposed persons, and adverse media. Rather than processing checks in batches, it draws from continuously updated data sources so results reflect current risk information at the point of verification.
Sanctions, PEP, and adverse media screening capabilities
The platform screens against global sanctions lists and PEP databases spanning over 200 jurisdictions. Adverse media screening adds a further layer by scanning thousands of news and media sources to flag reputational risks that sanctions lists alone would miss.
For practices evaluating the best AML software for accountants that need deep data coverage, ComplyAdvantage goes well beyond what domestic-only tools provide.
API integration options for accounting tech stacks
ComplyAdvantage is built around an API-first architecture, which means connecting it to your existing systems requires developer involvement on your end. This works for firms with technical resources but adds real overhead for practices without dedicated IT support.
Ongoing monitoring and alert management
Your team receives automated alerts when a client’s risk profile changes after onboarding. The case management tools let you record decisions and build a documented response trail for each alert raised.
Pricing approach
Pricing is enterprise-level and available on request, with costs typically tied to data volume and API usage.
Best fit and limitations
ComplyAdvantage suits larger accounting firms with technical resources that need sophisticated, global screening. Smaller practices will find the setup complexity and pricing mismatched with their actual compliance needs.
Next Steps
The best AML software for accountants depends on where your practice sits right now. If you run a standalone compliance programme without CRM integration needs, platforms like easyAML or AMLHUB give you structured workflows and local regulatory alignment. If you need enterprise-grade screening across global jurisdictions, ComplyAdvantage is worth the complexity.
For practices that want AML and KYC checks running directly inside their existing CRM, StackGo IdentityCheck removes the need for extra tabs, manual data re-entry, or patched-together automations. Your team works in the software it already uses, and compliance evidence stays attached to each client record automatically.
AUSTRAC’s expanded regime is not waiting, and neither should your firm. You can read more about how IdentityCheck supports AUSTRAC Tranche 2 compliance for accountants or create a free account to test whether it fits your practice before committing.
