Motor Dealerships
Don’t let compliance burdens keep you from sales.
DocFox ensures that your Know your Client (KYC) process is hassle free and automated.
Trusted by Hundreds of Accountable Institutions:
DocFox can assist you in being FULLY FICA compliant without slowing you down:
DocFox enables you to spend more time on getting your motor deals closed instead of spending hours dealing with paperwork.
Speed up the collection and verification of documents
When it comes to FICA, an inconvenient part of the process is getting clients or potential clients to send through the correct documentation.
With DocFox you no longer need to waste valuable hours checking and chasing documents – we will take care of the document collection and analysis so you don’t have to.
Easily Pass your FIC Inspection
DocFox offers an end-to-end FICA compliance solution, meaning that we can assist you with all your FICA obligations.
In order to assess the level of risk your client presents, our software enables you to implement a standardised risk-rating approach according to your rules.
We’ll also perform instant and frequent screening against Anti-Money Laundering (AML) watchlists, adverse media and sanctions lists.
7 Key FICA Requirements
Hear more about the 7 Key FICA Requirements that need to be met in order to be FULLY FICA compliant
How does DocFox work?
DocFox simplifies FICA compliance and ensures you are audit ready at the touch of a button. We provide accountable institutions with the software and the expertise to be compliant, always.
Already time strapped and not sure where to start?
With DocFox’s FICA-in-a-Box, becoming FICA compliant doesn’t have to be admin intensive or time consuming.
Reach out to us to hear how you can easily become (and remain) FICA compliant within days.
FICA Handbook
There’s more to Financial Intelligence Centre Act (FICA) compliance than document collection and verification.
Get your copy of our handy guide that summarises the FIC Amendment Act specifically for the Motor dealership Sector.
What our partners say
"DocFox is a one system solution that meets all our needs when verifying clients and has become even a greater asset with the advent of the new FICA amendment act."
"DocFox is the only service provider that could really meet our needs"
"DocFox gives our clients less hassle and puts us at less risk"
"DocFox is not a nice to have, it's a must have"
"DocFox genuinely wanted to understand the requirements of the business rather than just forcing a product on us"
"We feel like we are in a much stronger position than what we were prior to DocFox"
"The whole onboarding process is much easier now because it's streamlined and there is no room for doubts or questions anymore"
"DocFox is very user friendly and we love working on it"
"DocFox has made it far easier for us to handle the complexities of compliance"
"DocFox handles everything and you can focus your time on things that are going to be revenue generating, because admin is not revenue generating. When onboarding time is free’d up, it becomes streamlined, it becomes very profitable."
"DocFox is making our FICA process more efficient. FICA documents are being checked against third parties, clients are being screened on all relevant sanctions lists and risk assessments are being done according to our requirements – all in one step! It’s a great tool to assist in aligning our Risk Management Compliance Programme with our business processes."
"Incompass has been using DocFox since November 2017. We started looking at different providers as soon as the FICA Amendment Act came into place. Docfox was the best solution for us: The process is easy to handle from our side, involves a “4 eye” principle, which we already had in place and find necessary, and the process can be audited at any time."
"DocFox allows us to apply a consistent approach to our investor AML risk assessments and with the built in reminders, we won’t forget to refresh our ratings and Customer Identification and Verification information. Everything is in one place, with a full audit trail, which enables us to easily demonstrate compliance."
"DocFox is a one system solution that meets all our needs when verifying clients and has become even a greater asset with the advent of the new FICA amendment act."
"DocFox is an innovative, extremely user friendly application which enables us to FICA and verify client details at the push of a button!"
"Our experience around DocFox so far has exceeded expectations. The product is very easy to use, intuitive and comprehensive. The administrative burden has been reduced significantly on our business which has allowed us to focus on our core competencies more. This is hugely important for a small business and cannot be understated. It has made adherence to the stricter compliance and FICA regimes we find financial services businesses have to operate in today far more achievable without having to distract ourselves unnecessarily."
"The FIC can come through, we have everything in order. We wouldn’t have felt this way prior to DocFox. We would’ve had that feeling at the back of our minds saying ‘what if we missed something’ and at least with DocFox we know, we are in comfort."
"I feel now that we are using DocFox we would definitely pass a FIC audit. In my personal opinion, I don’t think a law firm can actually go without DocFox. It covers all of the requirements for the FIC and it’s so easy to use that you don’t need to put a lot of time or effort in!"
"Every feature within DocFox makes my life easier. Especially the fact that we don’t have to manually go and search the sanctions lists. The fact that DocFox automates it, is really massive time saving."
"DocFox is customisable which makes life easier as we are able to use it according to our requirements"
"We had a FIC audit this year, it went very well especially in terms of our Risk Management Program, so everything was in order. Since we use DocFox we are able to provide an audit trail to the bank and then they are 100% happy with that."
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