Real time
No more slow email ping-pong. Collaborate digitally in real time with the BetterCo suite.
Smart collaboration
First-class collaboration and digital housekeeping with clients & customers
With BetterCo, internal and external collaboration with colleagues, customers, clients, buyers, dealers or investors is finally simple, efficient & 100% digital. Always keep track of all tasks, data, documents, contacts & events for each of your clients / customers.
Completely digital
Organize and manage all master data and documents together in a secure environment
Transparency
Keep each other up to date on the progress of your processes and tasks in real time and with complete transparency.
Privacy
State-of-the-art encryption and other security measures protect the confidentiality of your collaboration
The digital matter file
BetterCo – your single source of everything
At the heart of your BetterCo workspace are your clients / customers and your shared processes, organized in the digital matter file. Focus on what delivers value to you and your client — we take care of the tedious administration around it.
Master data, beneficial owners & contacts
In your digital matter file, you manage and organize all relevant data and documents. With just a few clicks, you have everything at hand, such as company and address data, all beneficial owners, legal representatives, all relevant documents, AML updates and more.
All this data is collected quickly and easily thanks to our digital customer due diligence solution and documented in an audit-proof way.
Benefits
- All relevant data in one system
- Clear and always up to date
No-code workflows & tasks
Our library includes countless ready-made, industry-specific processes: from KYC/KYB onboarding and risk assessments to identity verification processes. Choose the process you need and start working with your client / customer at record speed. Thanks to our no-code technology, you can tailor the processes to your needs in a few clicks and assign tasks directly to your client.
Of course, you decide which tasks and process steps your clients may work on, see or not see. Work on the process together and communicate directly via the built-in process chat.
With BetterCo, you finally work process-based instead of document-based.
Benefits
- Full transparency on who has to do what
- Always keep track of the status
- Assign tasks directly to your clients and work together on open processes
Documents & templates
Your BetterCo suite gives you the most frequently used templates from corporate, tax and employment law and compliance.
Based on validated data and the integration of public data sources, your documents can be up to 80% prefilled and integrate seamlessly into your compliance and collaboration workflows.
Never search for the latest document version again. All relevant documents are stored centrally in your matter file, including versioning and 100% traceability.
Thanks to interfaces to public data sources, you always have the latest documents at hand, including commercial register extracts, Transparency Register extracts, KYC/KYB reports, client agreements, signed powers of attorney, structure charts and much more.
Benefits
- No more manual document creation
- Enormous time savings
- Always up to date with the latest case law
- Content guidance in the right places – for your clients and your specialists
Timeline management
Using public data sources, all relevant events for each of your clients / customers are displayed as a timeline, as if by magic. We track events from 50+ categories, such as changes in top-level management, M&A events, shareholder meetings and more.
The event ticker on your dashboard informs you about new events in real time.
You can also create and edit your own events in just a few clicks.
Benefits
- Never depend on your client again to stay up to date
- Enormous time savings
- Complete flexibility thanks to search and filter options
- 100% transparency for both sides
Reporting & audit trails
For audit-proof documentation, we create KYC and risk reports fully automatically.
Additional audit histories of data on clients, contacts, events and documents, including an activity timeline, give you an audit trail over a long period of time. That way, you're 100% ready to provide information at any time, in just a few clicks.
Benefits
- Carefree compliance with your GwG obligations
- Transparency and verifiability
Collaboration & digital housekeeping
We combine 100% compliance with the best digital customer experience. With BetterCo, there's no either-or.
With the BetterCo suite, we not only give you the best possible tools to meet your GwG obligations digitally, efficiently and with minimal effort. We also give your clients everything they need for smooth, carefree collaboration with you and your team — focused on added value, not administrative overhead.
Invite, onboard and verify identity – digital and automated
Thanks to our automated due diligence suite, onboarding and engaging your clients / customers becomes child's play. You're free to decide whether to invite your client into the workspace or simply onboard them via integrated self-onboarding on your website.
- Self-onboarding integrated into your website
- approx. 80% of data prefilled
- optimal onboarding experience for your clients / customers
Start processes and manage tasks – customizable thanks to no-code technology
Collaborate with your clients / customers digitally and in real time. Choose ready-made processes such as KYC onboarding, or build your own and assign tasks to your clients. Get notified in real time as soon as tasks are completed and released for review. Always keep a 100% transparent overview of all data and progress.
- Real-time communication
- Completely flexible for both sides
- Place and document questions and comments in the right spot
Communication & data exchange – centralized in one system
Never search for the latest document version again. All relevant documents are stored centrally in your matter file, including versioning and 100% traceability. Thanks to interfaces to public data sources, you always have the latest documents at hand, including commercial register extracts, Transparency Register extracts, KYC/KYB reports, client agreements, signed powers of attorney, structure charts and much more.
We go one step further: BetterCo links relevant events of your clients, such as changes in the shareholder structure, to the corresponding official documents and stores them in the matter.
- All relevant information at a glance
- Place and document questions and comments in the right spot
Put monitoring on autopilot – with AML alerts, event ticker & dashboards
Manually checking clients and transactions for AML compliance can be time-consuming and unreliable at the same time, as it leaves a lot of room for manual errors.
Our automated monitoring solution gives you everything you need to comply with your GwG obligations, minimize your legal risks and use your resources more efficiently – 100% automation, 0% manual errors.
Thanks to automated AML systems, your compliance finally becomes scalable and can keep pace with your firm's growth.
- Regulatory compliance, finally efficient and straightforward
- Time and cost savings by digitizing and automating the process
- Compliance becomes scalable
Always ready to provide information thanks to audit-proof documentation, digital reporting & audit trails
With BetterCo, you always know who did or changed what and when – whether completed tasks, ongoing processes, initiated reviews or transactions. The system automatically generates the corresponding reports and records.
That way, you always have all key evidence of your GwG compliance at hand and can face upcoming audits with confidence.
- Audit-proof documentation and traceability
- Proactive regulatory compliance
- All relevant data clearly organized in the system
BetterCompliance. BetterCollaboration. BetterCompany.
Collaborating with your clients / customers has never been this simple, digital and transparent – for both sides!
90%
Less manual effort for your specialists
360°
view of all your clients, buyers, investors, holdings, dealers, ..
100%
GwG compliance through audit-proof documentation and the ability to provide information at any time.
Your benefits of smart collaboration
- Greater efficiency through centralized, digital client management
- Seamless communication within the team and with clients / customers
- Sensitive customer data documented centrally and in compliance with data protection rules
- More efficient organization of collaboration and better knowledge management
- Scalable processes
- Maximum transparency for both sides
The benefits for your clients
- Flexible collaboration from anywhere
- Digital, real-time exchange of data and information
- All data in one system, clear and transparent for both sides
- Lawyers, financial advisors and others have more time for actual advisory and legal work thanks to less administrative work
What our customers say
With BetterCo, we save enormous amounts of time and money on KYC onboarding and risk assessment of our clients, signing the engagement agreement and ongoing AML monitoring. Our clients appreciate the short turnaround times, and we no longer have to play email ping-pong.
Helder Schnittker Managing Partner, YPOG Partnership Berlin 
As investment bankers, we are subject to the GwG for our strategy and M&A advisory services. With BetterCo, our teams can collect the required KYC data completely and quickly with ease. BetterCo also actively informs us about changes affecting our clients.
Falk Müller-Veerse Managing Partner, Bryan Garnier & Co, Munich 
Breaches of GwG obligations are strictly penalized by the competent supervisory authorities. With BetterCo's KYC workflows, we can prove at any time that we have met our due diligence obligations and fulfill the record-keeping and retention obligations under the GwG.
Karin Arnold Lawyer and notary, Arnold Anwälte Berlin