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2shakesnz

by 2Shakesnz · Since 2015
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ActiveAvailable globallyCloudFree tier
Quick facts
Vendor2Shakesnz
Year launched2015
StatusActive
LocationLevel 4, 85 Ghuznee Street, Te Aro, Wellington, 6011 , New Zealand
Countries servedGlobal
Languages1
Integrations6+
Free tierYES
Free trial
Contact sales

About 2shakesnz

2shakesnz is an AML and client onboarding platform designed for New Zealand professional services firms. It automates onboarding steps such as engagement agreements, branded email requests, electronic signatures, and AML/CDD checks, and includes biometric ID verification. Integrations with Xero and local government services help accountants and advisors simplify compliance. Delivered as cloud SaaS, it is aimed at small firms that need fast, compliant onboarding with minimal manual paperwork. Key capabilities Automated client onboarding AML and CDD compliance workflows Biometric ID verification E-signatures and automated emails Integrations with Xero and NZ services Best for: NZ accounting and professional services firms.

2Shakes emerges as a cloud-based software solution specifically designed for New Zealand businesses to streamline client onboarding and ensure adherence to Anti-Money Laundering (AML) and Customer Due Diligence (CDD) regulations. By automating various tasks associated with client sign-up, agreement creation, authority collection, and AML/CDD processes, 2Shakes aims to significantly reduce the time and effort required by users. One of the software's key strengths lies in its user-friendly interface. The website boasts a clean and straightforward layout, featuring prominent calls to action and easy-to-navigate menus. Signing up for an account is a quick process, and a free trial allows potential users to explore the platform's functionalities before committing. 2Shakes offers a comprehensive suite of features to expedite client onboarding and ensure AML/CDD compliance. A core functionality is automated client sign-up, where clients can independently create accounts and initiate the onboarding process, minimizing manual tasks for users. The software also generates and stores electronic versions of engagement agreements and authorization documents, eliminating paper-based workflows. 2Shakes further assists with AML/CDD processes by facilitating client identification, verification, and risk assessment procedures.

Pros & Cons

What users like
  • +Simplifies AML compliance for small businesses.
  • +Streamlines the onboarding process with electronic document signing.
  • +Integration with popular accounting and business management software.
  • +Cloud-based solution accessible from anywhere.
  • +Compliance audit trail ensures legal readiness.
What users flag
  • Limited to New Zealand's specific legal requirements, which may not work globally.
  • Lack of advanced customization features compared to bigger AML compliance platforms.
  • No mobile app mentioned.
  • Fewer user reviews, so less community feedback available

Features

Key features

1. Automated client onboarding
Streamlines the client onboarding process by automating various tasks.
2. AML/CDD compliance
Assists in ensuring compliance with Anti-Money Laundering and Customer Due Diligence regulations.
3. Biometric ID verification
Offers secure client identification using facial recognition and document checks.
4. Xero integration (for accountants)
Integrates seamlessly with Xero accounting software for accountants.
a. Cloud-based deployment
Accessible from anywhere with an internet connection.
5. User-friendly interface
Intuitive and easy-to-navigate platform.

Additional features

1. Engagement agreements & authority collection
Generates and stores electronic versions of agreements and authorization documents.
2. Automated branded emails
Sends automated branded emails to clients for reminders and document requests.
3. Electronic signatures
Allows clients to electronically sign agreements and documents.
4. Automated reports
Generates reports on client onboarding, AML/CDD compliance, and other activities.
5. Customer support
Provides customer support through email and resources.
6. Free trial
Offers a free trial for potential users to assess the platform.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Pay As You Go

USD 20

Pay Monthly

USD 30

Countries & Languages

Global
Countries served
1
Interface languages
2
Billing currencies

Interface languages

English

Billing currencies

🇳🇿NZD🇺🇸USD

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