- Discover FigsFlow
AML Software for Accountants
AML can be a challenge for accountants. Being thorough costs time but rushing risks penalties.
But with FigsFlow, you can have both. FigsFlow offers fast, automated, regulator-aligned AML checks, letting you onboard clients efficiently while staying fully compliant and protecting your practice.
Excellent Reviews by Financial Professionals
G2 Reviews
5.0
Read our reviews on G2
Trustindex Reviews
5.0
Excellent based on 10 reviews
AML Software Features
Why FigsFlow is the Best AML Software for Accountants
Designed for UK accounting firms. FigsFlow isn’t a generic AML tool repurposed for accountants. It’s specifically built by accountants, for accountants, with workflows and templates that mirror how UK practices actually go about complying with anti-money laundering rules in their daily work.
Complete KYC & AML Screening
Carry out identity verification and sanctions checks with automated screenings across global watchlists, PEP lists and adverse media sources.
Tailored Risk Assessments
Select pre-built risk templates specific to accounting scenarios, from trusts and property portfolios to trading businesses and high-net-worth individuals, and complete assessments with guided workflows.
Secure Document Management
Clients upload files to their client profile. And everything you need for compliance, from ID documents to source-of-fund evidence, lives together securely and audit-ready.
Automated Ongoing Monitoring
Set custom monitoring intervals for high-risk clients. Alerts flag changes so you can respond quickly, with actions logged automatically in the client record.
Complete Audit Trails
Every step is tracked with contact logs and user actions, providing a transparent compliance history for supervisors and regulators.
How FigsFlow Solves AML & KYC Problems for Accountants
As an Anti-Money Laundering (AML) & KYC software built by Chartered Certified Accountants, FigsFlow understands and solves the client onboarding challenges accountants face in their everyday work.
Challenges You Face
Keeping up with AML & KYC regulations is complex, time-consuming and full of risk. Here’s what most accountants struggle with every day:
- Hours wasted on manual verification
- High costs
- Missed deadlines and onboarding delays
- Penalties and reputational damage
How FigsFlow Solves Them
FigsFlow transforms AML & KYC compliance from a burden to an opportunity for efficiency, tackling every challenge your accountancy practice faces.
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Instant ID & Document Verification
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Regulator-Ready Risk Assessment Tools
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Sanctions & PEP Screening
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Secure Audit Logs
- Download Your AML Guide
Get the Tools You Need for Compliance
Need AML Guidance?
Whether for individuals or organisations, our AML Onboarding Guides make compliance easy. Download now for step-by-step instructions tailored to your needs!
- Streamline Client Onboarding
- Ensure Compliance with AML Regulations
- Simplify Risk Assessments and Due Diligence
- Maintain a Robust Compliance Framework
Ready to Take Action?
- So Much for So Little
Add AML to Your Onboarding System for Just £3
Compared to traditional AML tools that can cost £50-£500+ per month for limited features, FigsFlow gives your practice more capability for less money. Plus, a 30day free trial!
+ VAT / ID check
Good for micro firms that are looking to verify individual clients on a pay-as-you-go basis.
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Client ID Verification
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Companies House ID Verification Checks
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Face Match and Liveness Checks
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Sanctions and Politically Exposed Persons (PEPs) Checks
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Amberhill Check
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Address Verification
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Electronic & MRZ ID Verification
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Manual ID Verification
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ID Verification via Onboarding Link
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Compliance Record-keeping
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UK Company House Integration
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Ongoing Support
Note: Minimum 10 credits to be purchased.
+ VAT / ID check
£8 + VAT / mo (Fixed Price)
+ VAT / ID check
£10 + VAT / mo (Fixed Price)
Perfect for small & medium firms verifying individual clients on a pay-as-you-go basis, including Companies House identity verification for company directors.
- Everything in AML & ID Verification, plus
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Client Due Diligence
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Client Risk Assessments
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Enhanced Due Diligence
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Firm-wide Risk Assessments
Note: Minimum 10 credits to be purchased.
- Side-by-Side Comparison
FigsFlow Towers Over Other AML Software in the Market
Here’s a clear view of how FigsFlow’s AML features compare with its competitors.
Features
Others
FigsFlow
AML and ID verification integrated with onboarding
Starts from around £19
Starts from £10
Automatic identity verification against global databases
Proposal preview process more complicated than FigsFlow
Real-time preview of proposals ensures completeness
Sanctions & PEP screening
Limited editing capabilities than FigsFlow
Real-time collaboration ensures smooth workflow
Document collection portal
Analytics confusing to access and visualise
Detailed analytics available in one place
Biometric identity checking
Limited customisation options for branding
Fonts, colours & layouts customisable for branding
Risk assessment
Limited exporting capabilities hinder insight data
Export detailed proposal data into CSV files
Complete audit trail
Limited range of templates that may not fulfil requirements
Pre-loaded templates allow users to get started immediately
Integration with proposal & engagement tools
Limited range of templates that may not fulfil requirements
Pre-loaded templates allow users to get started immediately
- Trusted by Practitioners Just Like You
Hear What Others Have to Say
Take a look at the real ways accountants, bookkeepers and tax advisers have achieved faster growth, streamlined workflows and elevated profits with FigsFlow.
Bibek P.
FigsFlow changed how we produce our engagement letters and proposals. It is easy to setup and use - has pre-built templates for ACCA. The good think we like about the software is that it is easier to edit and make changes in each proposal and engagement letter as per client needs.
Another feature that was really helpful was when sending proposal for multiple inviduals and companies, it generates one proposal but multiple engagement letter to each entity and person as required by ACCA. This saved lots of time for single proposal for same family members and group companies.
Ron B.
Ability to edit each proposal and enagement letter is the best feature. We have templates, but each client want something to change which can be done instantly in FigsFlow.
Madela Sanjose
Figsflow blogs have become a trusted source of information for me as an accountant, especially when it comes to Making Tax Digital. Their full MTD guide breaks down digital record-keeping, quarterly reporting, and software compliance in a way that actually makes sense, making the whole preparation for transition doable for both me and my clients. I also like their broader topics, automation, onboarding tips, and HMRC updates which support the day-to-day work I do.
Lovela Scantte
As an accountant I’ve tried many onboarding tools, but FigsFlow is the best. It generates compliant proposals in under a minute and creates customisable engagement letters, transforming our workflow. Pre-loaded templates (meeting the standards of ACCA, ICAEW, CIOT, etc.) support compliance and save hours.
FigsFlow is a profit booster. Highly recommended. Try the free 30-day trial: you won’t regret it.
Leonard Duncan
Loving the experience so far..... The nice feature is that each Proposal or Engagement letter can be customised different from the template, making few client specific changes.
In the morning at my firm, I quickly list all my engagement letters in draft and send them one by one, after fine tuning them.
Bdodge Malik
Perfect for saving time and staying organized!
The software is super easy to use—customizing templates, sending documents, and getting client approvals all happen in no time. It’s professional, efficient, and takes the hassle out of managing client interactions. Perfect for saving time and staying organized!
Frequently Asked Questions
Got questions? We’ve got answers.
Explore our FAQs to learn how FigsFlow simplifies your workflows and boosts efficiency.
What are the AML & KYC requirements for accountants in the UK?
UK accountants must comply with the Money Laundering Regulations 2017, conduct customer due diligence (CDD), identify politically exposed persons (PEPs), check sanctions lists and maintain audit-ready records for HMRC and professional-body inspections.
How do I verify a client’s identity?
Verification usually involves checking official ID documents, proof of address and screening against global sanctions and PEP lists. Firms must keep these records securely and ensure they can be presented for regulatory inspections.
What happens if an accounting firm fails AML & KYC checks?
Non-compliance can result in heavy fines, regulatory sanctions, reputational damage or even criminal liability.
How quickly can I verify a new client with FigsFlow?
FigsFlow automates ID, document, sanctions, and PEP checks so you can complete a full client verification in seconds rather than hours.
Can FigsFlow handle high-risk clients?
Absolutely. While FigsFlow automates core verification, it also highlights clients that require enhanced due diligence, helping your firm focus attention where regulators expect it.
Don’t Waste Another Minute
Sign up for FigsFlow right now or schedule a one-on-one demo!
