{"id":26897,"date":"2024-11-20T10:00:20","date_gmt":"2024-11-20T09:00:20","guid":{"rendered":"https:\/\/www.5fsoftware.de\/2024\/11\/20\/betterco-and-5fsoftware-now-partners-5f-integrates-ai-module-for-onboarding-and-compliance\/"},"modified":"2026-02-23T19:38:35","modified_gmt":"2026-02-23T18:38:35","slug":"betterco-and-5fsoftware-now-partners-5f-integrates-ai-module-for-onboarding-and-compliance","status":"publish","type":"post","link":"https:\/\/www.5fsoftware.de\/en\/2024\/11\/20\/betterco-and-5fsoftware-now-partners-5f-integrates-ai-module-for-onboarding-and-compliance\/","title":{"rendered":"BetterCo and 5FSoftware Now Partners: 5F Integrates AI Module for Onboarding and Compliance"},"content":{"rendered":"<p><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:25px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1456px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p style=\"text-align: justify;\"><span style=\"color: #212326;\"><b>Regensburg, November 20, 2024<\/b><\/span> \u2013 The integration of BetterCo&#8217;s AI-powered onboarding and compliance module into the 5F platform will facilitate Know-Your-Customer (KYC) processes and anti-money laundering compliance for firms in the future. Founders1 GmbH, a legal tech expert and provider of the BetterCo onboarding and compliance platform, and 5FSoftware GmbH have entered into a partnership. As part of this collaboration, BetterCo&#8217;s AI-powered onboarding and compliance module will be integrated into the 5F platform. The module supports firms in onboarding new clients quickly and in a customer-friendly manner, while efficiently ensuring compliance with the requirements of the Anti-Money Laundering Act (GwG) as part of the Know-Your-Customer (KYC) process.   <\/p>\n<p style=\"text-align: justify;\">In the legal sector, the challenges posed by complex legal requirements and heterogeneous workflows are significant, which can lead to serious gaps. The extensive KYC process required under the Anti-Money Laundering Act poses particular problems for firms. By integrating BetterCo&#8217;s onboarding and compliance module into the 5F platform, firms can now handle the entire process of client acceptance and onboarding completely digitally. Company data and beneficial owners are automatically identified, and clients receive pre-filled digital questionnaires for self-disclosure. The module automatically checks organizations and their contacts against lists of politically exposed persons (PEP), sanctions, and adverse media, enables continuous monitoring, and consolidates all results in a risk analysis and documentation. Import interfaces also allow the existing client base to be included in these processes.     <\/p>\n<\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-1 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-testimonials clean awb-speech-bubble-show fusion-testimonials-1\" style=\"--awb-name-company-text-color:var(--awb-color7);--awb-name-company-font-size:20px;--awb-name-company-line-height:1.1;--awb-name-company-letter-spacing:var(--awb-typography2-letter-spacing);--awb-name-company-text-transform:var(--awb-typography2-text-transform);--awb-textcolor:var(--awb-color7);--awb-testimonial-text-font-size:20px;--awb-testimonial-text-line-height:1.5;--awb-testimonial-text-letter-spacing:0.9px;--awb-backgroundcolor:var(--awb-color1);--awb-testimonial-border-style:solid;--awb-testimonial-border-color:var(--awb-color4);--awb-navigation-size:12px;--awb-border-top-left-radius:0px;--awb-border-top-right-radius:0px;--awb-border-bottom-left-radius:0px;--awb-border-bottom-right-radius:0px;--testimonial-border-width-top:0px;--testimonial-border-width-right:0px;--testimonial-border-width-bottom:0px;--testimonial-border-width-left:0px;--awb-testimonial-text-font-family:&quot;Inter&quot;;--awb-testimonial-text-font-style:italic;--awb-testimonial-text-font-weight:400;--awb-name-company-font-family:var(--awb-typography2-font-family);--awb-name-company-font-weight:var(--awb-typography2-font-weight);--awb-name-company-font-style:var(--awb-typography2-font-style);\" data-random=\"0\" data-speed=\"4000\"><div class=\"reviews\"><div class=\"review active-testimonial avatar-above no-avatar\"><blockquote class=\"testimonials-shortcode-blockquote\"><div class=\"awb-quote awb-testimonial-icon\"><i class=\"awb-t-icon-left fa-angle-double-right fas\"><\/i><div class=\"awb-quote-content\">\n<p><i>&#8220;The partnership with BetterCo and integration into the 5F platform is a logical and correct step into the future for us. By using the new onboarding and compliance module, firms and companies reduce the risk of regulatory violations, thereby avoiding fines and reputational damage. In addition, the module optimizes process efficiency and promotes digitalization, resulting in greater transparency and faster workflows. The BetterCo module is an excellent complement to 5F.&#8221;<\/i><\/p>\n<\/div><\/div><\/blockquote><div class=\"author\"><span class=\"company-name\"><strong>Andreas Baier<\/strong>, <span>Founder and CTO of 5FSoftware<\/span><\/span><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-2 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-padding-top:40px;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-testimonials clean awb-speech-bubble-show fusion-testimonials-2\" style=\"--awb-name-company-text-color:var(--awb-color7);--awb-name-company-font-size:20px;--awb-name-company-line-height:1.1;--awb-name-company-letter-spacing:var(--awb-typography2-letter-spacing);--awb-name-company-text-transform:var(--awb-typography2-text-transform);--awb-textcolor:var(--awb-color7);--awb-testimonial-text-font-size:20px;--awb-testimonial-text-line-height:1.5;--awb-testimonial-text-letter-spacing:0.9px;--awb-backgroundcolor:var(--awb-color1);--awb-testimonial-border-style:solid;--awb-testimonial-border-color:var(--awb-color4);--awb-navigation-size:12px;--awb-border-top-left-radius:0px;--awb-border-top-right-radius:0px;--awb-border-bottom-left-radius:0px;--awb-border-bottom-right-radius:0px;--testimonial-border-width-top:0px;--testimonial-border-width-right:0px;--testimonial-border-width-bottom:0px;--testimonial-border-width-left:0px;--awb-testimonial-text-font-family:&quot;Inter&quot;;--awb-testimonial-text-font-style:italic;--awb-testimonial-text-font-weight:400;--awb-name-company-font-family:var(--awb-typography2-font-family);--awb-name-company-font-weight:var(--awb-typography2-font-weight);--awb-name-company-font-style:var(--awb-typography2-font-style);\" data-random=\"0\" data-speed=\"4000\"><div class=\"reviews\"><div class=\"review active-testimonial avatar-above no-avatar\"><blockquote class=\"testimonials-shortcode-blockquote\"><div class=\"awb-quote awb-testimonial-icon\"><i class=\"awb-t-icon-left fa-angle-double-right fas\"><\/i><div class=\"awb-quote-content\">\n<p><i>&#8220;Compliance with regulations is critical for firms when opening new files. With the BetterCo compliance module, all tasks of the KYC process can be handled digitally during onboarding and stored centrally. This reduces effort, lowers risks, and significantly accelerates workflows. We are pleased to have gained another significant partner in 5FSoftware, which is enhancing its products with our specific onboarding and compliance expertise.&#8221;<\/i><\/p>\n<\/div><\/div><\/blockquote><div class=\"author\"><span class=\"company-name\"><strong>Eckhard Ortwein<\/strong>, <span>Founder and CEO of BetterCo<\/span><\/span><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-2 fusion-flex-container has-pattern-background has-mask-background nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;--awb-padding-bottom:25px;--awb-flex-wrap:wrap;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start fusion-flex-content-wrap\" style=\"max-width:1456px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-3 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-padding-top:72px;--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:20px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-order-medium:0;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-order-small:0;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-column-has-shadow fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-2\"><p style=\"text-align: justify;\"><strong style=\"letter-spacing: 0.255px; text-align: start; background-color: rgba(0, 0, 0, 0);\">About 5FSoftware GmbH<\/strong><\/p>\n<p>\nWith its 5F platform, 5FSoftware GmbH from Regensburg enables efficient and streamlined work and communication processes for firms and companies. In addition to structured collaboration with external contacts such as clients, customers, and suppliers, 5F also covers internal company workflows. 5F serves as a central communication channel in various sectors with similar requirements, such as tax consulting, auditing, legal consulting, or business consulting. As an integrated communication solution, 5F integrates seamlessly into existing software landscapes and enables centralized control of all work processes through connection to document management systems (DMS) and other tools. Flexible interfaces and secure authentication processes ensure constant access to all important information, thereby promoting productivity and data quality. Customers are supported in optimally integrating 5F into their software environment to fully leverage the potential of their IT infrastructure.<br \/>More information at: <a style=\"color: var(--awb-color7);\" href=\"http:\/\/www.5fsoftware.de\" target=\"_blank\" rel=\"noopener\">5fsoftware.de<\/a>     <\/p>\n<p><strong>About Founders1 GmbH<\/strong><br \/>Founders1 develops and markets the AI-powered onboarding and compliance platform BetterCo, tailored for regulated industries such as law, tax, and finance. With BetterCo, companies can serve their clients in a compliant, efficient, and collaborative environment. BetterCo&#8217;s no-code technology makes it easy to digitalize even complex onboarding and compliance processes. Thanks to its open integration architecture, these processes can be seamlessly integrated into existing products, systems, and data inventories and immediately enriched. The use of AI automates workflows and adapts them to individual contexts. With BetterCo, onboarding processes become efficient and customer-centric, while associated compliance processes are conducted in full compliance. The BetterCo compliance module has already been integrated into their own products by market leaders such as stp.one and Wolters Kluwer.<br \/>More information at: <a style=\"color: var(--awb-color7);\" href=\"http:\/\/www.betterco.ai\" target=\"_blank\" rel=\"noopener\">betterco.ai<\/a>      <\/p>\n<\/div><\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":17,"featured_media":24795,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26897","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nicht-kategorisiert"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BetterCo and 5FSoftware Now Partners: 5F Integrates AI Module<\/title>\n<meta name=\"description\" content=\"BetterCo and 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