In today’s regulatory environment, accountants can’t afford to treat anti-money-laundering compliance as an afterthought. From identity verification to sanctions screening and ongoing risk monitoring, modern accounting practices need tools that not only meet statutory requirements but also fit seamlessly into how they actually work. This is especially true for firms expanding into advisory, property investment clients, international tax work and trust services — areas where compliance scrutiny is high and mistakes can be costly.
When it comes to choosing anti-money laundering software for accountants, there are plenty of options on the market. But not all solutions are built equally, especially when viewed through the lens of accounting workflows, pricing, integration and usability. After evaluating the landscape, one platform clearly stands out: FigsFlow.
What Makes the Best Anti-Money Laundering Software for Accountants?
Not all AML tools are created for accountants. Many are built for banks, fintechs or generic corporate use cases, and while those tools have powerful engines, they often lack workflows that match accounting processes. The best anti-money laundering software for accountants should have:
- Integration with onboarding and proposals — Identity and AML checks should flow automatically once a proposal is accepted, not require separate systems.
- Client-centric workflows — Risk assessments and documentation tailored for accounting services, not generic financial products.
- Automated screening and monitoring — Support for sanctions, PEP lists, adverse media and dynamic risk triggers.
- Ongoing monitoring and alerts — Not just a one-off check at onboarding.
- Audit-ready records — Complete, timestamped logs that stand up to regulator or professional body review.
- Scalable pricing and usability — Accessible to small, mid-sized and growing practices alike.
FigsFlow was designed with these criteria front of mind.
FigsFlow: The Leading Anti-Money Laundering Solution for Accounting Practices
FigsFlow isn’t just another compliance tool bolted on to a generic system. It is a holistic platform purpose-built for accounting practices, combining client onboarding, proposals, engagement letters and anti-money laundering software for accountants into a unified workflow.
Integrated Onboarding and AML Workflows
One of FigsFlow’s biggest differentiators is how it ties AML compliance into the entire onboarding process. Rather than requiring accountants to jump between systems or upload data manually:
- Client proposals triggered through FigsFlow can automatically initiate identity verification and AML screening once accepted.
- Documents and checks such as ID verification, sanctions and PEP screening — are all conducted within the same platform you used to engage the client.
- Engagement letters, AML checks and compliance documentation are all stored and linked in one place, reducing administrative overhead and risk.
This eliminates data silos and ensures your AML checks are connected to the rest of your client lifecycle.
Accountant-Focused Risk Assessment and Verification
FigsFlow understands that accountants deal with a variety of client types — each requiring different levels of diligence. Instead of generic questionnaires built for banks, FigsFlow features:
- Templates tailored to accounting service types (e.g., statutory accounts, advisory clients, property investors).
- Automated identity verification tied directly into AML checks.
- Customisable risk scoring based on client characteristics relevant to accounting risk profiles.
This means you’re performing due diligence that makes sense for the services you actually provide.
Ongoing Monitoring, Alerts and Audit Trails
Compliance doesn’t stop at onboarding. AML requirements expect firms to monitor risk throughout the client relationship, and FigsFlow supports this through:
- Automated ongoing risk monitoring against global sanctions lists.
- Alerts when a client’s risk profile changes.
- Full audit logs and timestamped documentation ready for regulators or professional body reviews.
This long-term approach to compliance transforms AML from a one-off task into a managed part of client relationships, exactly what modern accounting practices need.
Usability and Practicality
Many AML tools offer powerful features but are complex to implement or use. FigsFlow, by contrast, balances power with practicality:
- Intuitive interfaces designed for accountants.
- Low training overhead so staff can get up to speed quickly.
- Transparent pricing with built-in AML features, eliminating the need for costly add-ons.
This is especially important for small and mid-sized firms that need enterprise-grade compliance without requiring enterprise-level budgets or specialist teams.
Conclusion
Selecting the best anti-money laundering software for accountants today means choosing a platform that does more than check compliance boxes. It means choosing a solution that understands how practices operate, integrates with everyday workflows, supports ongoing risk management, and enables firms to grow without scaling compliance headaches.
FigsFlow delivers all of this, tying AML directly into proposals, onboarding, engagement letters and long-term client management. For accountants who want a modern, practical, and powerful compliance partner — one that works the way they do — FigsFlow stands at the forefront.
Choosing the right AML software isn’t just about obedience to rules — it’s about protecting your practice, your clients and your reputation. In that light, FigsFlow is the best choice for accounting practices ready for the future.
