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Apr
03
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

2Shakes AML gets Ready to Roll

2Shakes Anti Money Laundering (AML/CFT) extensions are ready to launch. All our research, design and technical wizardry from the past year has been released into our BETA environment for final feedback.

We have done loads of demonstrations to AML compliance experts, lawyers, accountants, bookkeepers and government representatives, and we’ve had great feedback.

We’ll now be inviting all our 2Shakes users in NZ to try the beta software from this week, which will give everyone a chance to see how we can help with AML, and help prepare for their Phase 2 release date.

If you are affected by AML Phase 2 don’t put off getting ready. If you deliver in-scope services then you’ll need to comply.  We have some information about it on our website 2Shakes AML section or check out the AML section of DIA’s website.

Whatever you do, get on top of it now. You could see it as a useful opportunity for you to put in some excellent onboarding processes.

2Shakes AML Further Info
Pricing Updates for AML
AML in FREE 10
We want every practice, large or small, to have access to a state-of-the-art AML tool. So 2Shakes will include the AML extensions in all our plans – including our Free 10 plan!

Identity Verification (IDV)
AML/CFT Customer Due Diligence requires you to verify the identity details of natural people. There are different ways to do this and 2Shakes helps you do both electronic and manual IDV. In 2Shakes you can also securely record additional identity measures and files.

Electronic Identity Verification (eIDV) – $5
eIDV compares ID details against external trusted sources to provide you with a report of the results. This option can be very efficient and secure, but additional charges apply of $5 per eIDV person checked. The eIDV includes DIA (passports) or NZTA (drivers licenses) check, as well as date of birth, address and PEP (Politically Exposed Person) checks.

Manual Identity Verification – Free
You can do Identity Verification manually yourself.  2Shakes Notes & Files lets you securely store evidence of what you have done for IDV in 2Shakes against your client agreement, and you can still track your CDD progress by clicking that IDV has been completed manually for a client.

Find out more about how 2Shakes will help you with identity verification here.

Value Plan goes from $30 to $20
2Shakes has reduced the cost and the number of entities included in our Value plan, lowering the paid entry point and sizing it better.  It now costs $20 per month for 25 entities. The next step is simple – another $20 per month for another 25 entities a year.

Premium 50 entities for $20
Once you have exceeded 50 entities a year we charge another $20 per month for each additional 50 entities a year you sign up.

All prices are in NZ Dollars and exclude GST. Please refer to our Terms of Use.

New Pricing Plans
Quick Tip – Welcome email
Did you know that as well as changing the text, you can also attach files to the welcome email that is sent to your client when they sign up? You could use this to send:

  • A welcome pack
  • A company brochure with bios.
  • Next steps
  • Payment and guarantee forms

Find out more about how you can customise the email and its attachments here.

Changes on the team
New front end – Adam 

Adam is a full stack developer who has mastered the art of front end design and usability. Adam is a bit of a start up whiz, having created the awesome www.helloclub.com.

AML has significantly enriched 2Shakes functionality and Adam is making sure it is intuitive and easy to navigate through. We are working on the new look and flow, so these changes are not in BETA yet!  But they are coming soon…. watch this space.

Avid Spurs Supporter – Cliff 
The unstoppable Cliff Bowden has come to help the 2Shakes team.

Cliff has worked both for Inland Revenue and for the NZ Bookkeepers Association. So we know that Cliff understands our world and we are delighted to be working with him. When we asked Cliff what he wanted on his business card – this was his answer….

Spreading the word

2Shakes has learned a lot in about GovTech, AML, onboarding, authorities and Blockchain. We are always keen to get out and about to share. If you would like us to talk to you or your group, please get in touch.

Will we see you there?
NZBAI Bookkeeping Conference 2018
Did you know that around 30% of NZ Bookkeepers have a 2Shakes account! Its so great to know that we provide a useful product to so many.  We will be back this year to the NZBookkeepers Conference.  If your going, we look forward to seeing you there!

Did we see you here?
NZBAI Hawkes Bay

We really enjoyed speaking to Bookkeepers in Napier last month. Mike really enjoyed his discussions with some awesome bookkeepers – thanks again to Leaine Jones for organising this (and for the wine)!  It’s great feedback from sessions like this that makes all the hard work worthwhile!’
“….thank you so much, without this we don’t know how we would handle AML!” 

Walker Wayland Australasia Conference
Here’s Ata speaking at the Walker Wayland Australasia conference for Accounting practices.

Thanks to Kelly Smith at Munro Benge for organising this (and for the wine – I see a pattern).

Digital 5 (D5)
2Shakes was featured as part of the Digital Government Showcase on 21 February in the Beehive alongside others identified as the most innovative digital products and services created by government agencies and their partners. Read about it here.

7×7 Ideas Forum – GovTech 
We spoke in February at 7 by 7 about GovTech Start Up – 2 Years of 2Shakes and talked about the 2Shakes journey. Thanks to Nick Gerritsen for continuing to arrange these excellent evenings (and thanks too for the wine – seriously!)

ACC 
2Shakes caught up with ACC’s CEO Scott Pickering and Head of Business Customer Service Deilvery, Phil Reily.

ACC have been great supporters of 2Shakes, and it was fantastic to be able to share with Scott and Phil stories of the people and businesses we have helped thanks to their support.  You can even find us on the ACC website.

Deployed Updates 
Services & Fees
The Services description field in 2Shakes now allows text formating.  You can use bold, italic and underlined text and bullets to improve the visual layout in both the Profile, as well as the Sign Up screen.  This formatting will flow through onto the PDF of the agreement.

Electronic signatures (email to eSign)
We have extended the expiry for the URL inside the email sent for electronic signing to two weeks.  The vast majority of signing happens within a few days of the email being sent:

  • 50% sign within 8 hours
  • 66% sign within the first day
  • 75% sign within 2 days
  • 83% sign within 3 days
  • 90% sign within 4 days
  • 94% sign within 5 days

To see agreements with an expired links, use the agreements dashboard to filter agreements in the status of signing in progress that are over 2 weeks old.  You can then easily send a new signing email to these clients.

Read More


Feb
11
Story of a GovTech Start Up – 2 Years of 2Shakes
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

This retrospective, goes through month by month the 2Shakes journey of the last 2 years as we have iterated, experimented.  Thank you to everyone who has help us on our journey.

2016

2Shakes formed in 2016 wanting to find another way for Government to solve its problems. Using Lean Start up and customer centered design.  Our first year was all about the hard yards to release our MVP product to market.

  • January: At the end of January we participated in the Rev Up weekend.  Back then we had a completely different group of people (including Lucas, Ed and Duncan).  After Rev Up weekend we enter our team.
      

  • February: 2Shakes get selected and we start on MBIEs second R9 Accelerator 2.0 at Creative HQ. At the end of February we by the end of the week-long ‘Bootcamp’ we lose team mates who aren’t able to get released from their jobs work.  So 2Shakes just had 2 members.
  • March: Month 1 of the Accelerator was all about finding the pain.  We talked to a lot of farmers during this time and really got a feel for the things that matter to them. We also talked to Fonterra, Hort NZ, MPI, MfE and Federated Farmers. The wonderful Caroline joins the team (now we are 3 members).
  • April: Month 2 of the Accelerator we find a solution to our farming problem only to find that our solution already exists.  We pivot to a problem Ata has wanted to fix for bookkeepers. A talented design student from Massey (Nicole) joins our team to help, (now we are 4).
  • May: A junior developer joins our team to build a prototype solution and test it with bookkeepers, Oliver helps part-time  (so now we are 6).  We draw up an early adopter agreement and begin to sign up bookkeepers who are keen to show their support.
  • June: Demo day arrives.  Mike starts practicing his pitch non-stop. We are on a high as we win the people’s choice award at Demo Day. Watch our pitch here. Then reality hits, we need to find funding to keep going! Our team shrinks again as Nicole goes back to university and Caroline returns to her day job.
  • July: Its Hussle time! We have to find funding!  We come up with a plan, draw up proposals, pitch, meet, discuss to ask for support.  ACC’s CEO comes to Creative HQ and rings the bell.  Thanks to some visionary people we get Companies office and Business.govt.nz to support us.  IR start tentative discussions.
  • August: ACC and MBIE agree to support us.  Yeah! We talk to Microsoft who agree to support us.  Yeah! We talk to Chapman Tripp who agree to be our lawyers. Yeah! IR negotiate a contract to work with us.  We have enough funding for Oliver to join our team full-time. We create a video prototype with NZBAI and Massey Design School, ACC, NZBN, kiwibank, watch it here. There is a Dominion Post & Stuff article on us, and NZBAI ask us to talk at their annual conference.
  • September: Our supporters ‘ring the bell’ as we start to ‘cut code’ to build our solution.  Our junior front end developer leaves us to join the start-up that sits in the table next to us in Creative HQ, SuchCrowd.
  • October: We build, demo and iterate to rapidly build our MVP solution.  Every couple of weeks we demonstrate our development to government stakeholders, Chapman Tripp, and lovely bookkeepers from the NZBAI.
  • November: We move our solution into production and our first live sign up happens. (YIPPEE – It really works!). IR authority, ACC authority, Xero PM integration, digital signatures all work perfectly, for real.
  • December: 2Shakes are now in the R9 post accelerator program.  We are housed at Creative HQ as we continue to develop our solution.  A start-up from the first R9 Accelerator, VizBot decide to call it a day, and Samson comes to join our team for a little while to help with Sales. Realising that AML/CFT legislation will have a major impact on our clients we begin work to apply for Callaghan Innovation co-funding to extend our solftware to help with AML.

2017

Moving into 2017, 2Shakes is now launched and on the market.  For 2Shakes in its second year, the challenge is to get traction survive.

  • January: Xero invite us to come to Auckland to present our solution at the annual sales managers conference.
  • February: 2Shakes launches on the Blockchain. A Hash of signed agreements are now stored on the Etherium block chain when an agreement is signed. Woop! woop!
  • March: Many of our early adopter bookkeepers reach the end of the free period and agree to sign up (Yeah!). Mike presents to NZBAI in Christchurch as we investigate financial advisors – they sign up clients different to Bookkeepers!  ACC help find us some early adopter Advisors.  We build some additional functionality and get our first financial advisor customer.
       
  • April: We investigate Accountants.  Again they have different needs to Bookkeepers! CAANZ help find some early adopter Accountants and we build the them renewal functionality.   2Shakes becomes a Xero Connected ap, and we move to our own office!
  • May: Accountants need to sign up multiple entities on the same agreement.  This is a major change to the very structure of our solution…..  After a lot of pain and anguish (and nashing of teeth) we finally release multiple entity sign ups.  Our Accountant Early adopters and our existing bookkeepers love it (Phew).  We sign up Accounting early adopters as customers (Yeah!).  Callahan Innovation agrees to help co-fund our AML/CFT project. Statistics Data Futures Partnership comes onboard to co-fund 2Shakes as well.
  • June: 2Shakes talks about Government Innovation at GOVIS. We get our own stand at the NZBAI conference (and feel like a real grown up company!!!).  We are humbled by all the support and endorsements we receive!  We ‘give back’ to support new Bookkeepers by launching a Free Plan.
  • July: Two project teams from Victoria university third year Information Management students come to help us. Team Papa look at our SaaS website, and Team Oscar look at improving the profile set up process. ACC list 2Shakes as a way of getting authority to act on their website. Mike presents to NZBAI in Auckland and we are included in XU magazine. Global Front Room list us as a Start Up to watch.
     
  • August: Our team grows a little more!  Caiwei Lin, a Masters Student from Auckland University joins our team as to help with development as an Intern. Corey joins to help as a Researcher. 2Shakes get a stand for the Xero Roadshow and the MYOB partner connect. 2Shakes becomes an official NZ Trade Mark.
  • September: One of our goals from the beginning of the year is realised when we release an international version of 2Shakes.  Without any advertising we get clients sign up in 6 different countries, Whoa!
  • October: Work on versioning & blockchain continue.  2Shakes releases sign on paper and improves the agreement dashboard.  2Shakes explores tenancy bond as a case study of how our tech could be used for other government processes.
  • November: 2Shakes are invited to talk about AML to CAANZ in Masterton. 2Shakes develop technology for Identity Verification and Beneficial Owners.  But delay release to wait for DIA release their updated Identity Standard.
  • December: 2Shakes releases 2-Factor Authentication to improve security. Westpac Innovation Fund agrees to help 2Shakes with our AML project and to explore setting up authorities for Westpac bank accounts for professional intermediaries.
       

So what next? In the start up world “….If you can just avoid dying, you’ll be successful. That sounds like a joke, but it’s actually a pretty good description of what happens in a typical startup.”

2Shakes started out with an aim of automating authorities across a range of government and private organisations. We have done this for every type of organisation we aimed for – except for Banks!  All this changes next year, when we will get a chance to work with Westpac to look at how we could do this!

At our core 2Shakes passion has been to join up Government services, using cool tech, that gives New Zealanders control.

2019 – bring it on! It is going to be an interesting year for 2Shakes – watch this space!


Nov
07
It’s coming: Will AML phase 2 impact you?
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

This 2Shakes update focuses to Anti-Money Laundering (AML/CFT). We are also releasing some software features to help with different versions of agreements created in 2Shakes.

It’s coming: Will AML impact you? 

Read More


Aug
07
2Shakes a Start Up to Watch
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

2Shakes has had such a busy month.  We have loads of news to share with you in this month’s update.

  • Data Futures
  • 2Shakes Grows
  • In the media
  • Meeting Auckland bookkeepers
  • What’s next

Read More


Jul
14
Get 2Shakes for Free!
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

What a month for 2Shakes!  We find out how multiples went, launch our new pricing plans and head to Auckland for the 2017 NZBAI Conference.  Oh and were hiring too!

Get 2Shakes for Free

2Shakes has just launched our new pricing plans at the NZ Bookkeepers conference – including a FREE 10 plan. You can now use 2Shakes to sign up clients completely for free. The FREE 10 account is perfect if you are just starting out, do work for a smaller group of clients, or if you just want to trial 2Shakes to see if it works.

Read More


Jun
06
2Shakes – Getting ‘Multiple Times’ better!
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

2Shakes has developed its most advanced functionality yet….. more advanced than integration to Xero, more fiddly than Blockchain, and even more complex than multiple electronic signatories… all to let you do more, and it is going to change the way 2Shakes works for the better….

Read More


Apr
01
2Shakes Update – On the move to New Digs
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

2Shakes is a Govtech solution that helps professionals sign up clients and get authority to work for them.  We have come a long way since starting on the MBIE R9 Acclerator programme in February 2016.  Every month has been chokka full of both new challenges and new opportunities.  This month was no different.  This month we have moved to our own office, all while adding more great features to our solution.

Read More


Mar
06
February Update: Showcasing, celebrating our accelerator anniversary & delivering more
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

February has been another busy month for 2Shakes, as we:

  • Showcase 2Shakes
  • Celebrate our Anniversary
  • Deliver more to our customers

Showcase 2Shakes

 Mike talks to NZBAI members in Christchurch.

0 Mike talks to NZBAI members in Christchurch.

2Shakes has continued to spread the word about what we are doing, and how our solution helps NZers. This month has been busy as we have demonstrated 2Shakes to teams at ACC, CAANZ and NZBAI.

Read More


Feb
08
Guess who is using 2Shakes?
  • Posted By : Ata McGregor/
  • 8 comments /
  • Under : Uncategorized

2Shakes launched late last year to initial users to trial. So who is using it?Read More


Dec
06
It really works! November 2Shakes Update
  • Posted By : Ata McGregor/
  • 0 comments /
  • Under : Uncategorized

It really works!

Feedback from our early adopters

2Shakes has contacted all our early adopters this month to get them set up.  Thank you to all the early adopters – we couldn’t have done it without you.

We have had some great initial feedback:

“It was quick and it was simple.  The process was smooth and fast.  I could do that in front of my clients, easy” Tania Hayes – Go Fi8ure

“It is so fantastic; I really can’t believe how simple it will be!  You’ve made one of my most hated jobs one less thing I’ll have to procrastinate about – whoopee…..” Kim Hamill – Your Office Administrator

“This is going to be a game changer for bookkeepers, it’s huge….” Sue Inkersell – 3rd Arm Admin

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2Shakes Ltd
Level 7, Aviation House
12 Johnston Street
Wellington 6011
Ata McGregor
021-142 9888
ata@2shakes.co.nz
CXO
Mike Kelly
021-069 9535
mike@2shakes.co.nz
CEO
Oliver Seiler
oliver@2shakes.co.nz
CTO
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