Be Diligent with your KYC on Suppliers and Vendors

Proactively avoid penalties and negative press
See the benefits
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Don't Be the Next Headline

How we help you vet your Suppliers

More than just screening

To truly understand who you work with, it's not enough to just do screening. Even if you don't have a team dedicated entirely to KYC, you can be thorough using Avallone's robust platform that guides you through completion of all necessary KYC steps.

KYC expertise at your fingertips

Avallone's team is made of KYC industry veterans well-versed in how KYC is done from the perspective of the bank and of the company. Working with us, you have access to our collective KYC knowledge, insights and guidance.

Proactive compliance

You will be secure knowing that you adhere to KYC and AML legislations with Avallone by capturing all risk assessments and documentation in a one secure tool.

Avoid adverse media

In today's geopolitical environment, don't be exposed to inadvertently facilitating illegal activities or engaging in transactions with sanctioned individuals or entities. You need to actively circumvent working with and being associated with those who are on a Sanctions list, Watchlist and Fitness and Probity lists - or a Politically Exposed Person (PEP) - who are often in the news in a negative way.

Avallone in action!

See it for yourself - watch video walkthrough.

"It was impressive how quickly the Avallone platform KYC Collector allowed us to implement the KYC data collection process and perform KYC / Due Diligence on Agreena's many farmers that we work with. In addition to an easy-to-use tool, Avallone has the service of providing initial recommendations and guidance for potential matches that provide support for the implementation of our KYC processes and program."

Frederik Aagaard
Director of Corporate Commercial,
Agreena
Benefits

Key benefits of Avallone for your KYC on Suppliers and Vendors

Great onboarding for vendors and suppliers
A good onboarding experience gets your partnership off to a good start. Streamline the collection and verification of data, due diligence / KYC for the vendors, suppliers and any other type of third party that you work with, and save all the time and resources - not just for your team, but for them!
No limits on your KYC collection
It doesn't matter if you are sending out a KYC questionnaire to one or to hundreds or thousands; Avallone allows you do it easily. Integrations to CRM systems and bulk upload capabilities practically eliminate all the manual tasks normally involved with any volume of work.
Holistic insight into present and past KYC
See the status and outstanding tasks for any active KYC requests. Access archived information, historical trends and risk assessments that have been previously done.
Full screening capabilities
With one click, a multitude of areas are verified: Sanctions, Adverse Media, Politically Exposed Persons (PEP), Watchlists and Fitness and Probity lists.
Create a painless, efficient process
How many tools does your team switch back and forth between to do all of your KYC work? Avallone is a complete, one-stop platform with multiple capabilities that allows you to centralize information and processes in a single place.
Collaborate with other departments
When you need to have others help in the review process, easily assign others within your company and the broader organization to review information. Avallone captures your internal notes and interactions, and even allows you to report on your activities.
Trigger reminders
Notifications allow you to make sure any outstanding, missing information and replies to your KYC questionnaires are provided in a timely manner.
Focus on more meaningful analysis

Eliminating the manual, administrative tasks involved KYC means more time for you and your team to focus on strategic and analytical work - so you can truly understand who you are working with and if they pose any risk for your organization.
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Want to learn more about Avallone KYC?

Talk to one of our KYC experts to see how Avallone can revolutionize your KYC processes.
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Relevant products

Avallone products beneficial to KYC on Suppliers and Vendors

KYC Collector

Collect KYC - including information and documentation - from anyone outside of your organization.
Might interest you

Learn more with KYC resources

Find out more about KYC from our webinars, articles, events and other related sources.
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Top KYC Trends of 2023

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Office setting

Top KYC Trends of 2023

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Office setting

Top KYC Trends of 2023

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Office setting

Top KYC Trends of 2023

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See how we help

Find out how Avallone can help you vet your Suppliers.
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