Discover the Power of Enforcio Software in 5 simple steps:
Step 1: Set Up Your Account
Register with Enforcio to access the full suite of compliance tools.
Step 2: Enter Your Company Details
Complete the company profile form by selecting your industry:
- Lawyer
- Accountant
- Auditor
- Real Estate Agent
Create your staff profiles and choose the Company Administrator.
Step 3: Select a Plan and Activate Your Account
Choose a subscription plan that suits your needs.
Complete the payment process to activate your account.
Step 4: Define Your Risk Appetite
Set your risk management approach using Enforcio’s unique Customer Risk Assessment (“CRA”) Methodology framework.
CRA Methodology Highlights:
Stratifies clients by risk based on multiple factors:
- client attributes
- jurisdiction
- service/product type
- and delivery channel
Uses a scoring system to categorize risk levels as low, medium, or high.
Choose from three risk appetite levels tailored to your compliance goals:
Balanced:
– A middle-ground approach, combining comprehensive scrutiny with operational flexibility.
– Perfect for those seeking a pragmatic balance between security and user convenience.
Conservative:
– Most meticulous and cautious approach to KYC analysis.
– Best for businesses prioritizing risk mitigation above all else.
Aggressive:
– Most lenient approach to Know Your Customer (“KYC”) analysis and client onboarding.
– Ideal for rapid customer acquisition while ensuring compliance with KYC regulations.
Step 5: Start the eKYC Process
Efficiently perform KYC questionnaires tailored to your professional needs:
Select the customer type and send the KYC questionnaire to your clients:
- Natural Person
- Company
- Foundation
- Trust
Your clients complete the KYC form.
Enforcio generates the CRA document with the data input, assesses the risk level, based on the chosen risk appetite, and awaits for your ultimate decision – Accept or Reject the client.