Get Started with 10 Free Clients
Get client engagement agreements & authority paperwork electronically signed, emailed and stored faster than ever before….and do your AML Customer Due Diligence at the same time. Or just do AML without the Agreement. It’s up to you.
*All Plans include AML Phase 2 Extensions*
All plans include:
- Create Agreements for your services when you sign up clients
- Get Authority to Act with IRD, ACC, Companies Office and Insurance Companies
- Electronic signatures by your clients – no more paperwork
- Integration into Companies Office NZBN to save you typing in client details
- Upload new client to Xero Practice Manager/Workflow Max or Download a CSV file
- Do AML CDD as part of setting up and Agreement, or just do AML Only for the Client.
NOTE: A Client/Use can be a Sign Up (an Agreement with or without AML CDD), or it can be AML Only, and includes any number of entities for that client group processed in one go.
AML Phase 2 Extensions
The AML extensions add Customer Due Diligence (CDD) functionality to help you meet your Anti-Money Laundering (AML) Phase 2 compliance needs. As well as our existing agreement and authority creation, 2Shakes CDD:
- Helps you uncover the structure and ownership of the entities you want to work with, automated using the NZBN Search
- Lets you record CDD information such as CDD Level, Nature and Purpose, Risk Assessment, Trust information
- Helps you find the people you need to Identity Verify
- Carries out the ID Verification (with both manual and electronic options)
- Lets your AML Officer review and approve the AML checks as complete
- Provides a repository for your CDD information to help with compliance audits
- Outputs a report of all the CDD information 2Shakes has stored.
We are not aware of any solutions that cover all this for you, so we believe this provides you a unique solution.
Please remember 2Shakes is a tool to help you comply with AML – you will still need to appoint an AML Compliance Officer, put together your programme, develop your risk assessment, train staff, etc. Please see https://www.dia.govt.nz/Services-Anti-Money-Laundering-Index or contact your professional bodies for more information. We have also put together some helpful AML resources on our website here.
Frequently Asked Questions
How does 10 Free Agreements work?
You can use 2Shakes completely to sign up 10 Agreements. Create engagement agreements, get authority paperwork completed and electronically signed, and capture your AML Customer Due Diligence. In short, make your client onboarding process incredibly fast, efficient, modern and secure.
And if you use Xero Practice Manager & Workflow Max you can upload client details at the click of a button quickly and efficiently.
You can even use the optional electronic Identity Verification (eIDV) at $5 per person eIDV.
Remember, if you move straight to Pay Monthly, we’ll even credit any remaining free Agreements over to your new plan.
Can I change my plan?
Sure! You can change at any time to whatever plan best suits your needs.
Can I cancel my account?
Yes, you can cancel at any time (though we’ll be sad to see you go!).
Do I need to install anything?
Nope, 2Shakes is cloud-based software, so you can access it from anywhere with internet access.
Am I locked into a long-term contract?
Not at all. On Pay As You Go you only pay when you create Agreements, and can stop at any time. On Pay Monthly your subscription is simply month to month, with no long-term commitments.
How do I pay?
Payment for 2Shakes is by Credit Card, entered in the My Account page.
How does Pay Monthly work?
With Pay Monthly, you get 5 included Agreements included every month in the $30 base monthly subscription.
Any unused Agreements at the end of the month carry over, so you can use them any time in the next 12 months so long as you are on the monthly subscription.
If you have used all your Agreements in a month (the included 5 and any carried over), additional Agreements are charged at $5 per Agreement.
You can use optional electronic Identity Verification (eIDV) with PEP Check at $5 per person. You can choose to manually ID verify clients and record that in 2Shakes for free, though we think by the time you verify the ID, the address, and check the person on the PEP list, you’ll find $5 to be really good value. With Manual IDV, you can choose to do a PEP Check by itself for $2,50 per person.
When you first sign up on Pay Monthly, you pay the rest of the month on a pro rata basis. As a bonus, no matter when in the month you sign up, we’ll give you all 5 included Agreements for the month.
After that you pay for 2Shakes on the 1st of each month, with the monthly subscription billed for the coming month, along with any extras (additional usage, eIDVs, electronic PEP Checks) used during the previous month, and the ongoing client charges.
If you move to Pay Monthly before using all your 10 free Agreements, we’ll credit any remaining free Agreements over to your new plan for you.
How does Pay As You Go work?
With Pay As You Go you only pay for what you use – $20 per Agreement you create (at the point you send out for signing).
Like the other plans, you can use optional electronic Identity Verification (eIDV) at $5 per person eIDV.
If you are creating 2 or more Agreements each month you would get better value on the Pay Monthly plan.