As a result of the COVID-19 pandemic, digital onboarding has become more important than ever, as organisations look for fast, efficient processes that allow them to streamline services and still work effectively amidst ongoing restrictions.

Are law firms’ onboarding processes meeting expectations? In this webinar, Amy Bell (Teal Compliance) offers her insight, and reflects on Encompass research that delved into businesses’ experiences, and discusses how onboarding has evolved in the industry.

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Key learns

  • what firms can do to improve the onboarding experience to ensure they meet expectations
  • how firms’ digital services have evolved since the start of the pandemic
  • how the appetite for digital transformation initiatives in legal compares to other industries

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about Encompass

A full and accurate picture of beneficial ownership is the foundation of effective KYC. Manually building this picture from a plethora of documents and third party sources, however, is a long, expensive and error-prone process.

Encompass’ intelligent process automation conducts on demand document and data collection, analysis and integration from public and premium sources to bring transparency to complex corporate structures and ultimate beneficial ownership, delivering the most accurate and complete KYC on demand.

The full picture of a customer significantly enhances the effectiveness and efficiency of subsequent KYC activities including screening and IDV - both of which can be carried out seamlessly in the Encompass platform if required.

All information on a customer, along with supporting documents, are dynamically compiled into a comprehensive, digital KYC profile that Encompass can also monitor for ongoing regulatory risk.

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