Why you should be using an AML platform

If your AML compliance processes involve photocopiers, filing cabinets, inconsistent digital filing and forms-on-forms, it’s time to upgrade and get digital! Manual checks and fragmented workflows leave too much room for human error. While inconsistent record-keeping and missed red flags can make auditing a nightmare and puts your business at risk. An AML compliance platform like APLYiD can replace all your clunky, manual processes with an all-in-one sleek, secure platform that will wow your clients and make life a whole lot easier for your staff.

Not convinced? Here are the top reasons businesses like yours are switching to AML compliance platforms.

1) Consistent, safe and secure record keeping makes audits a breeze

When the audits happen, you’re ready. APLYiD keeps every verification, timestamp and risk assessment logged and accessible so your staff doesn’t have to scramble to demonstrate your AML compliance. It’s your data, in a clear digital paper trail, all in one place.

2) Even newbies can quickly pick up your processes

It’s important your staff know why AML compliance is important, but it shouldn’t take the curriculum equivalent of a diploma to get them up to scratch. With APLYiD’s guided workflows even the newbies can hit the ground running. Everyone follows the same steps, every time, so compliance is consistent and scalable.

3) Files aren’t at the mercy of file mismanagement or hardware failures

Lost folders, corrupted drives, different filing approaches and staff turnover can lead to painful audits at best and legal consequences at worst. APLYiD stores everything consistently and securely in the cloud, with encrypted back-ups. Sleep easy knowing your records are ready-for-auditing and safe from system failures and human error.

4) Manage risks with real-time monitoring and alerts

Go from reactive cleanup to proactive compliance. With real-time alerts and on-going monitoring, you can flag politically exposed persons (PEPs) and other high-risk clients so you’ll know the moment a client’s risk profile changes and your staff can take the appropriate actions.

5) A quick, smooth onboarding process that will wow your clients and customers

First impressions matter - and nothing kills momentum like clunky paperwork. APLYiD delivers a fast, intuitive onboarding experience that verifies identities in under 90 seconds. No downloads, no delays, no drop-offs. Just a smooth, secure process that makes your clients feel like VIPs from the get-go.

Using an AML platform over manual processes isn’t just smarter and safer, it will also speed up your business’ operations, so your staff can spend more time doing the job they were actually hired to do. Whether you’re onboarding clients, training staff, monitoring risk or prepping for audits, APLYiD makes consistent AML compliance easy. No paper, no delays - just seamless, no-nonsense software that keeps you AML compliant with confidence.

Ready to try it for yourself? Start your free 14-day trial today.