Know Your Customer (KYC) Screening
Protect your auction house, strengthen buyer trust, and streamline compliance with Auction Suite’s powerful Know Your Customer (KYC) Screening feature. Designed specifically for the auction industry, our KYC module ensures that every bidder is verified quickly, securely, and in line with regulatory requirements.
Strengthen Security & Reduce Risk
Auction Suite’s integrated KYC screening verifies the identity of your customers and evaluates potential risks such as fraud or non-payment, before they can impact your business. By checking customer information against trusted databases and global watchlists, you gain immediate insights into suspicious activity, helping you prevent fraudulent bids and protect the integrity of your auctions. *
Seamless AML Compliance
Stay ahead of growing regulatory demands with built-in compliance tools that support mandatory Anti-Money Laundering (AML) requirements. All while maintaining full GDPR adherence for data protection. Auction Suite1 makes compliance effortless, helping you avoid costly penalties and ensuring best-practice governance across your operations.
What Our KYC Screening Delivers
- Reliable identity verification to confirm who your buyers really are
- Automated risk assessment powered by multiple databases and watchlists
- Robust fraud prevention, reducing exposure to financial loss
- AML regulation compliance with a seamless audit trail
- Protection against terrorist financing and other illegal activities
- Enhanced transparency and professionalism, reinforcing trust with sellers and bidders alike.
*Website functionality is dependent on website provider/ integration.
Auction Suite1 incorporates:
Website Integration
Seamless. Intelligent. Effortless.
Transform the way your auction house connects with buyers and sellers online.
Inventory Management
Total control. Total clarity. Total confidence.
Complete visibility and precision from the moment an item arrives to the moment the hammer falls.
Advanced Accounting
The next generation financial management.
Powered by Microsoft Dynamics 365 Business Central end-to-end finance tailored for auction houses.
Photo Management
Fast, Intuitive Image Uploading.
Power your auctions with beautifully organised, effortlessly managed images.
Barcoding
Optimise Operations. Enhance Productivity.
Powerful Barcoding Integration designed to streamline workflows and reduce errors.
Bidding Platforms Integration
Save hours of time on auction day.
Results management tool allowing auction results to be imported promptly and accurately.
Customer Relationship Management
Understand Your Customers. Grow Your Success.
Build deeper relationships, identify opportunities, and make more informed decisions.
Know Your Customer Screening
Strengthen Security & Reduce Risk.
Ensure that every bidder is verified quickly, securely, and in line with regulatory requirements.
Auction Toolkit
Complete Control at Every Stage of Auction.
Empower your team to stay ahead of the curve, elevate customer service, and run every auction with confidence.
Condition Reports Management
Build Trust. Save Time. Elevate Every Interaction
Elevate your customer experience and present your business as professional, responsive, and effortlessly organised.
External Valuations Management
Deliver professional, consistent service
Powerful, fully integrated workflow for capturing, assessing, and converting valuation enquiries with unmatched efficiency
Commission and Telephone Bids Management
Flawless telephone bidding experience.
Manage high volumes of commission and telephone bids with total confidence.
Introduction Commission
Unlock New Revenue Opportunities.
Grow your network, reward referrers, and optimise profit with Auction Suite1.
Droit de Suite
Automatically calculate payable royalties.
Complete, compliant, and cost-saving solution for managing Artist’s Resale Right.
DocuSign
Fast and Secure Digital Signing.
Manage documents digitally in a secure cloud environment.
Collections Management
Enhanced Accuracy & Security.
Create collection documents your way, whether generating them directly from an invoice or consignment.
Advanced Fees Module
Effortlessly handle all vendor and buyer fees.
Transform your fee management into a reliable process with the power of the Advanced Fees Module.
Mailing Lists
Stay in control. Stay informed. Stay ahead.
Give your marketing team the clarity, flexibility, and intelligence needed to scale confidently.
