Our Top 5 Technology Trends That Will Shape Conveyancing in 2024
The conveyancing sector has been undergoing a digital transformation in recent years, accelerated by the pandemic and championed by HM Land Registry and the heat is on to find digital solutions that will help to streamline processes, improve customer satisfaction, reduce error, minimise risk and complete matters quicker. Time is money and so the return […]
How technology will change the mortgage industry in 2024
Today’s first-time buyers may be forgiven for thinking that mortgage applications and conveyancing processes are archaic and slow. This new generation of mortgage applicants are accustomed to speedy transactions, but it can still take two to four weeks for a mortgage offer to come through, according to the Home Owners Alliance and the conveyancing process can be anything from […]
How technology can help reduce burnout in the legal profession
According to Lawcare, the mental wellbeing charity for the legal community, there has been a recent increase of 24% in people contacting them for support. In the organisation’s October news article, it states that “Legal professionals are feeling overwhelmed and stressed, and these mental health concerns can be exacerbated or caused by their work environment.” Why […]
Streamlining PEPs and sanctions checks globally
For accountancy firms, dealing with Politically Exposed Persons (PEPs) and sanctions checks could be familiar territory. However, the workings of these checks, particularly when they involve overseas citizens, can be particularly challenging. PEPs and sanctions checks A Politically Exposed Person (PEP) is someone who holds a prominent public position, either domestically or internationally. Due to […]
How can we use VirtualSignature-ID with our case or practice management software?
VirtualSignature-ID has partnered with some of the leading case and practice management software specialists in the UK to provide a dedicated API that assists professional service firms in enhancing the automation of their digital workflows. Our RESTful API has been built for firms who require any combination of document management, client eSignature authentication and customer […]
The power behind a firm-branded client onboarding system
Crafting a firm-branded client onboarding system can unlock a wealth of benefits for your firm, including: Empowering your brand By offering a bespoke onboarding experience, your brand emerges as the storyteller of your client’s journey, leaving a lasting impression and enhancing brand recall. Boosting client experiences With an onboarding process customised to your client’s unique […]
Accelerating client onboarding and closing business with automation
Finding the smartest, most efficient ways to meet client expectations and drive growth are constant challenges for law and accountancy firms. One key element of this challenge lies in automation and the adoption or integration of digital onboarding platforms. These technologies can provide fast, efficient onboarding processes for their clients whilst keeping their engagement, boosting […]
The Importance of AML checks for professional services firms: Lawyers and Accountants
Robust Anti Money Laundering (AML) measures have become an increasingly important part of financial transactions that can now occur effortlessly and instantly across the globe. Professional services firms, such as lawyers and accountants, play a crucial role in facilitating various financial transactions. Consequently, they must prioritise AML checks to ensure compliance with legal and ethical […]
How a digital forensic trail can help reduce fraud when completing high value transactions
With the increased sophistication in fraudulent practices and especially with high value transactions, it is even more important to not only be sure you know who is party to that transaction but to also have a digital forensic trail to support and verify this. This is why professional firms are now moving up to the […]
The benefits of using one provider for client onboarding checks
When searching for the best software for completing client onboarding checks, it can be challenging to find one platform that can assist with the many components that help verify the identity and veracity of your new clients whilst facilitating workflow automation. This could be down to a legacy issue in that various software solutions have […]
