There are two commonly used definitions of Knowledge Based Authentication: Knowledge-based authentication (KBA) is a security measure that identifies end users by asking them specific questions in order to provide accurate authorisation for online or digital activities. Knowledge-based authentication has become prevalent in many different types of network setups and across the Internet. Companies often […]
Document workflow automation using MyDocSafe
Document Workflow automation In this article I would like to explain how MyDocSafe helps automate document workflows. Definitions Let’s start with definitions since here we use a number of terms that may not be obvious. Workflows. Workflows can mean different things to different people. I will define workflow as “a number of […]
Accountancy DMS Balancing Act: Access Vs Security In Client Data
As accountants and bookkeepers, you walk a tightrope. Every day you deal with engagement letters, annual reports, payslips, payroll reports and more. On one hand, you want to give your clients easy access to their data, in a clear and “on demand” fashion. On the other, you’re bound to handle this data in a compliant […]
Client onboarding in the time of a pandemic
Coronovirus forced a lot of professional services firms to rethink the way they onboard their clients. Due to social distancing rules, face-to-face interactions are no longer the preferred way of conducting KYC checks, renewing contracts or selling. These processes have to migrate online for a business to continue growing and retaining its customer base. Digital transformation is […]