The ATO and TPB are now placing more importance on verifying your clients’ identities before engaging in business with them. But did you know that Seamlss offers a unique solution that differentiates it from other identity verification software? That solution is the Source Document Verification process in Seamlss.
Source Document Verification is a different form of identity verification, as it involves cross-referencing a client’s identity information such as a passport or driver’s license, but also includes official ATO portal data and other government documents. This ensures a higher level of accuracy and reduces the risk of fraud or identity theft.
With Seamlss, you can perform Source Document Verification for your clients quickly and easily. Clients simply upload the necessary documents, and your team can check the document’s information against the ATO Portal information. Once complete, the team member can select, and log the verification, or request more source documents like Trust Deed, bank statements, ASIC documents securely and easily.
But that’s not all. Seamlss also allows you to track and manage your client’s identity verification status to the ATO and TPB requirements. You’ll see which clients have been verified and which ones still need to be verified. This makes it easy to stay on top of your compliance obligations and ensure that your business is always operating in accordance with regulatory requirements.
The source document verification is the standard part of the identity verification process, and Seamlss makes it easy to perform and track.
By using Seamlss for your identity verification needs, you can ensure that your accounting firm is operating with the highest level of accuracy and compliance.