In an era of tightening regulations and heightened scrutiny, selecting the right AML software for accountants isn’t just a compliance decision — it’s a strategic one. The right tool not only protects your firm from regulatory risk but also streamlines onboarding, reduces manual work and integrates seamlessly with your existing practice workflows. Two platforms accounting firms often consider are FigsFlow and FirmCheck. While both aim to support antimoneylaundering compliance, FigsFlow stands out as the smarter, more affordable and more fully integrated solution for accountants.  

Different Philosophies: Compliance System vs. AccountantCentric Workflow 

FirmCheck provides a solid foundation for AML compliance. Built specifically with accountants in mind, it consolidates essential components like identity verification, sanctions and PEP screening, risk assessments, and ongoing monitoring into a unified platform. The tool also includes prebuilt templates and automated workflows designed to streamline AML audits and due diligence, with visual task tracking and firm-wide oversight.  

However, while FirmCheck focuses strongly on meeting regulatory requirements, it approaches AML compliance as a standalone management system. That means many firms still need to juggle multiple tools — one for client onboarding and document management and another for proposals or engagement letters — to cover everyday practice needs. 

By contrast, FigsFlow embeds AML directly into a broader accounting practitioner workflow. This means AML checks, risk assessment and ongoing monitoring aren’t isolated functions — they are part of an integrated client lifecycle that flows from proposal through engagement letter to compliance completion. It’s this cohesion that makes FigsFlow’s AML solution uniquely suited to accounting practices rather than generic compliance teams.  

Integration With Onboarding and Client Management 

Where FirmCheck excels at AML task management and reporting, FigsFlow goes further by integrating AML software for accountants into one endtoend onboarding process. With FigsFlow: 

• You can generate a professional client proposal and engagement letter. 
• Once a client accepts, the system automatically triggers identity verification and AML screening. 
• Risk assessments complete using industryspecific templates tailored to the types of clients accountants serve. 
• Ongoing monitoring and documentation occur without moving between systems. 
• Everything — from KYC to compliance records — lives under one client record, ready for audit or review.  

In practical terms, this means FigsFlow doesn’t just help you do AML checks — it ensures those checks are smoothly embedded in the daily rhythm of your firm’s work — reducing duplication and manual handoffs that often cause errors or delays.  

FeaturebyFeature: How FigsFlow Compares 

Both platforms provide core capabilities such as identity verification, sanctions screening and risk assessments. But they differ significantly in how those features support accounting workflows: 

• Integration with Firm Workflows: FigsFlow ties AML to proposals, engagement letters and the client lifecycle; FirmCheck focuses on AML functions in isolation.  
• Data Centralisation: FigsFlow maintains all compliance data within the same client profile used for onboarding and billing; FirmCheck focuses on AML records, requiring separate tools for documents and proposals.  
• Automation and Workflow: FigsFlow automates AML as part of onboarding and ongoing monitoring; FirmCheck automates AML tasks but may still require users to switch between compliance and practice management systems.  
• BuiltIn Templates: FigsFlow provides risk templates designed around real accounting client types (like trusts, property portfolios and corporate clients); FirmCheck also has customizable templates but lacks the deep integration with accounting onboarding pathways.  

This holistic approach helps firms reduce manual data entry, avoid compliance gaps and build consistent client records that support both regulatory needs and everyday practice operations. 

Conclusion 

Choosing the right and Cheapest AML software for accountants means looking beyond basic compliance checks to how a platform fits within your firm’s workflows, pricing model and daily operations. FirmCheck is a strong choice for standalone AML compliance, offering robust tools for risk assessments, monitoring and verification.  

But for firms that need AML embedded into broader client lifecycle management — from proposal and engagement letters to onboarding, risk assessment and ongoing monitoring — FigsFlow delivers deeper integration, better efficiency and unbeatable pricing. FigsFlow doesn’t just help you check compliance boxes; it streamlines how compliance fits into the way accountants actually work — saving time, reducing subscriptions and improving your firm’s ability to serve clients effectively.