creditsafe
Casu777
Registered Posts: 7
Hi all
Im being badgered to death by Creditsafe. They say that as an AAT member, was I aware of the fact that they are linked up and can provide good deals.
Firstly - is the link up true?
Secondly - do they actually provide anything more than you can already get from companies house?
Lastly, if its yes to the two Qs above, are they any good and what are folks experience of the costs?
Call me a cynic but i think its all just a sales pitch, especially given their pushy staff
Im being badgered to death by Creditsafe. They say that as an AAT member, was I aware of the fact that they are linked up and can provide good deals.
Firstly - is the link up true?
Secondly - do they actually provide anything more than you can already get from companies house?
Lastly, if its yes to the two Qs above, are they any good and what are folks experience of the costs?
Call me a cynic but i think its all just a sales pitch, especially given their pushy staff
0
Comments
-
There is nothing on the AAT website that links Creditsafe with AAT. However they may have special deals for accountants - I don't think this would be limited to AAT though.
What product are they selling you? AML checks? This goes beyond checking a company and their PSC on companies house (they would normally ask for passport number etc...).
I use TaxCalc and I am considering using their add-on AML checks. No experience of Creditsafe but read on Aweb that they use aggressive selling tactics...0 -
Creditsafe can be aggressive and want to insist that you are breaking the requirements of your licence with AAT by not checking everyone in a similar way to theirs. However their process is considered enhanced CDD so is only necessary where your risk assessment indicated enhanced CDD is required. In most cases enhanced CDD will not be required unless you have a habit of not meeting directors/shareholders and/or you have lots of cash intensive businesses or foreign directors/shareholders.
In the odd cases we have needed to do such checks we have used Veriphy who charge per check at about £5 a time.Regards,
Burg2 -
Funnily enough Creditsafe called me this afternoon. As @burg mentioned they are trying to sell a product which most of us do not require. Their pitch is that the traditional AML checks are not compliant with the professional bodies requirements. Needless to say I didn't sign on to their product!0
-
Thanks guys for the answers (and apologies for the delay in saying so!), helps me enourmously.
I look forward to having a play with them when they start their dodgy sales pitches with me in future!0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 325 NEW! Qualifications 2022
- 160 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 95 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 92 Software
- 275 Tax
- 138 Bookkeeping
- 7.2K General accounting discussion
- 202 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 583 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership