Explore the Latest FincenFetch Features for Advanced FinCEN Compliance Tools
As part of our ongoing commitment to providing innovative and user-friendly Corporate Transparency Act filing solutions, FincenFetch has introduced several new features designed to streamline your workflow and enhance your user experience. These updates are particularly aimed at making client onboarding easier, improving data management, and ensuring that your firm’s sensitive information is secure. Here’s a detailed look at the new features available in FincenFetch:
CSV Upload for Efficient Client Data Management in FincenFetch
Onboarding new clients and their ownership information has never been easier with the new CSV Upload feature. This functionality allows users to upload a CSV file containing client company and owner data directly into the FincenFetch system, significantly reducing the time and effort required for manual data entry. This makes it an essential tool for efficient BOI reporting for accountants.
Key Features:
- Delay Owner Send: This option allows you to import owner information without immediately sending out invitations. You can choose to send these invites at a later time, offering greater flexibility in managing client communications. When you’re ready, the system will prompt you with a “Send Invitations” button instead of “Send Reminders,” ensuring a seamless and controlled invitation process.
- Optional Parameters in CSV: Firms can now add custom parameters to their CSV files to match internal systems such as office codes, market segments, branches, or any other identifiers that the firm uses. This customization ensures that the data integrates smoothly with existing internal processes, making the transition to FincenFetch more efficient.
Manage Multiple Brands with FincenFetch’s New Offices Feature
For firms operating under multiple brands or across different locations, the new Offices feature offers a powerful way to manage distinct identities within the same system. This feature allows you to create and manage multiple offices, each with its own logo and branding.
Key Features:
- Office-Specific Branding: Each office can have its own unique logo and branding, which will be reflected in all communications, such as invitations and reports. This is especially beneficial for firms or industry leaders with multiple brands or locations, ensuring that each brand is consistently represented.
- Team Assignment: Team members can be assigned to a primary office, ensuring that their communications are always aligned with the correct branding. This helps maintain a professional and cohesive brand image across all customer interactions.
Enhanced Data Security with the Hide PII Feature
In today’s data-driven world, protecting sensitive information is paramount. FincenFetch now offers a ‘hide personal information’ feature, which allows firms to create lower-permission accounts where personally identifiable information (PII) is hidden from certain staff members. This ensures your data is protected with our secure beneficial ownership reporting platform.
Key Features:
- Restricted Access: This feature ensures that sensitive information is concealed even during review processes or in completed reports, providing an additional layer of security.
- Enhanced Data Protection: Ideal for offices that require stringent data security measures, this feature helps mitigate the risk of unauthorized access to sensitive client information.
Centralized Email Notifications with the BCC Feature
Managing large volumes of email notifications can be challenging, particularly when dealing with errors, bounces, and other system-generated messages. The new BCC feature allows users to set up a blind carbon copy (BCC) for all such notifications.
Key Features:
- Centralized Notifications: By directing these notifications to a dedicated inbox, firms can efficiently manage and monitor system communications without cluttering individual email accounts.
- Improved Oversight: This feature helps ensure that all important system notifications are captured and addressed promptly, improving overall operational efficiency.
Expanded API Capabilities for Better FinCEN Compliance and Data Management
FincenFetch’s expanded API capabilities support large software solutions or website integrations, offering users the ability to import and manage a wider range of company information directly into reports.
Key Features:
- Comprehensive Data Import: Users can now import nearly all 51 data points of a FinCEN report, such as DBA names, owner details, FinCEN IDs, billing account numbers, EINs, office addresses, and more. This makes it easier to manage complex client data within the FincenFetch system.
- Future Updates: We are continuously enhancing our API offerings. Future updates will enable importing of invited owners and beneficial ownership information, further simplifying your compliance processes.
- Detailed Report Retrieval: API endpoints now allow you to retrieve in-depth information about reports, including deadlines, progress updates, last actions taken, and more. This integration capability is particularly useful for firms using systems like Salesforce, enabling seamless data flow and improved project management.
Simplifying BOI Filings with FincenFetch
These new features represent a significant enhancement to the FincenFetch platform, providing greater flexibility, security, and efficiency for your firm’s operations. Whether you’re looking to streamline client onboarding, manage multiple office identities, protect sensitive data, improve API integrations, or explore industry-specific compliance solutions, FincenFetch has the tools to help you achieve your goals.
