How to get your clients legally ready quicker
Checkboard helps you get your clients legally ready quicker.
If you’re still using manual checks, you’re probably spending a lot of time on aml checks that could be better spent progressing cases. Manual checks also raise the risk of human error, and in a profession in which accuracy is critical, any mistake can result in litigation and regulatory reprisals.
What’s worse, you’re probably being left behind by the rest of the industry. The legal profession is increasingly turning to fast, digital solutions for client onboarding.
Adopting an all-in-one platform, then, might be the secret to avoiding these challenges.
Fast, accurate reports
Checkboard makes reports more accurate and reliable by drawing data from a variety of accredited sources, including HM Land Registry and the electoral register.
More importantly, we refer to an individual’s credit file, which cannot be modified or edited by the client. This adds an extra layer of reliability to identity, address, and proof of ownership verification.
In addition, Checkboard can connect seamlessly to open banking, making it possible to quickly and accurately confirm source of funds and wealth – and make payments.
But the real benefit comes with the ability to perform all your checks on one platform, instead of across multiple disconnected systems. That means, rather than manually cross-referencing different clients and entering the information by hand, your solicitors will receive a single report generated automatically by Checkboard’s platform, all linked to your own systems by APIs.
Seamless workflows
Checkboard makes things extremely simple for clients. It’s all done in one smooth process:
Clients receive an invitation to download the Checkboard app
They are directed to complete their checks by uploading the right documents
The completed report is sent to the solicitors
Solicitors get an instant overview of all the checks performed. Issues are flagged, allowing them to react to any red flags and respond to potential risks.
And if flags are raised because clients have uploaded the wrong documents or got a check wrong, the Checkboard customer support team is on hand to guide clients through the process.
One of our partners told us this joined-up, all-in-one process made things much easier for them, saying: “Clients only need to download one app, do one check, and the results just come straight back into the portal, so the solicitor gets the results they need to get the legal work started. It got the legal work off to a flying start instead of a lumbering pace.”
The right partner
But doing so requires the right technology partner, and that’s where Checkboard steps in. With Checkboard, you can perform all your checks on one platform, eliminating the need for disconnected systems and manual data entry.
It means you can get your clients legally ready quicker: questions are answered, blockers are removed, and cases can progress much quicker.
And the result is more capacity to engage clients and grow your practice.
Better still, a firm that onboards clients quicker can develop a reputation for speed and efficiency. This, in turn, wins you more referrals and better reviews.
Discover your partner for all-in-one checks. Get in touch with Checkboard.
A version of this article was originally published on Legal Futures.
