Efficient and Secure AML Transaction Monitoring with AXON Gaming

An essential part of a risk and AML compliance solution is transaction monitoring – software designed to oversee customer transactions in real-time or on a daily basis, as well as detecting any possible risks hidden in business relationships. The need for a reliable compliance system is becoming more and more urgent in order to prevent financial crime and fraud from spreading, which means that transaction monitoring is now no longer optional but a necessity. Read on to find out more about AXON’s robust and seamless solution which monitors, reports, and alerts transactions.

 

The Importance of AML Transaction Monitoring

Ostensibly, an AML transaction monitoring system is to identify and prevent any ongoing transactions that may lead to fraud, financing terrorist organisations, and money laundering.

Proper risk analysis is carried out by using adequate KYC procedures to gather information, then AXON uses its rules engine to build scenarios for monitoring transactions. This is how AXON achieves full automation and a smoother transaction monitoring process.

Suspicious Information and Raising Alerts

When a suspicious transaction is identified, AXON is designed to alert the compliance team to review and reassess any potential risk. In doing so, it reassures companies and regulators by giving them extra confidence in their compliance process.

Advanced checks such as beneficiary monitoring is provided via access to watch lists and PEP’s whilst the system can also be customised to include validations and various AML checks.

If you’re interested in learning more about AXON’s AML transaction monitoring solution, contact Computime Software – developers of AXON Gaming. Don’t forget to follow us on FacebookTwitterLinkedin and Google+ for all our latest updates!

6 Salesperson Archetypes

Salespeople are as diverse as Indian spices. They come in all shapes and sizes, and we are not referring to their bellies. At Computime Software – a leading provider of business software solutions such as Acumatica Cloud ERP, Infor SunSystems, and AXON Gaming – we’ve had our fair share of experience with customer management and witnessed a variety of salesperson archetypes.

Here are among the most distinct ones we’ve come across:

1. The Psychoanalyst

The Psychoanalyst analyses potential buyers’ personalities to know how to best approach the sales pitch. Humorous? Straight-to-the-point? Statistics-riddled? Once the psychoanalyst has all the info he needs, he could sell ice to an Eskimo.

2. The Silent but Deadly

No, it’s not what you’re thinking. He starts off being underestimated in the team, but is soon recognised as a huge asset. The silent but deadly, as the title implies, doesn’t make much noise; he doesn’t brag, nor does he complain, and he surely doesn’t excel at small talk. Yet this targets killer is always at the top of the board, seemingly conjuring up deals out of thin air.

3. The Relatable One

The relational salesperson thrives in social situations. This salesperson builds rapport naturally thanks to their infectious charisma and often gets sales because the buyer likes them enough that they become the deciding factor in the sales process.

4. The Cocky Son of a Gun

Confidence is key in sales. It attracts business, it sells. But there’s a fine line between confidence and cockiness, a line which once crossed, can repel people. The Cocky Son of a Gun is boastful, obnoxious, speaks loudly, and over everyone and is a generally unpleasant person to be within a 10-mile radius of. Of all the salesperson archetypes, this one is to be avoided like the plague.

5. The Sugar Spike

The Sugar Spike will start off with out-of-this-world enthusiasm and energy, both of which will drop drastically as soon as a customer shows the first sign of being difficult or lacking interest. As they say, what goes up must come down.

6. The Pest

Nobody likes pushy people, but they are around, lurking in the dark, waiting for someone to show interest in the product they are selling.

What matters most is understanding the various salesperson archetypes and knowing how to utilise one’s key strengths and personality traits to convert sales. Yet having a great product and a complete solution to work with makes everyone’s job easier! At Computime Software, we offer a selection of modern software solutions, from Acumatica Cloud ERP to AXON Gaming which can take your business – be it in the financial services, hospitality, retail or iGaming industry – to the next level!

Contact us today for more information and follow us on Facebook for updates!

Field Service Management made easy with Acumatica ERP

Field service management solutions help companies manage off-site employees and the resources they need to do their jobs competently. It can be accessed through a mobile device and provides field workers with the ability to view and/or apply changes to components such as schedules, work orders, customer account information, inventory as well as invoices.

With Acumatica Cloud ERP, offered exclusively in Malta by Computime Software, companies can offer more flexibility when providing their service to customers. They can communicate in real time with customers, by providing on-site information about products and repair matters, and offer a more time-efficient service.

The Acumatica Field Service Management edition helps companies improve operational efficiencies by optimising work order routing and technician scheduling, and by providing more timely resolution of issues. It can also be beneficial when it comes to offering an overall better customer service.

About Acumatica Cloud ERP

The Acumatica Field Service Management edition is your linking between field service operations, projects, CRM, order management, and inventory management, providing all the necessary information to produce service appointments from Sales Orders to CRM Cases.

Better business relationships and transactions result from the combination of automated processes, precise data gathering, financial analyses, and forecasting capabilities.

Acumatica Cloud ERP is the answer to your Field Service Management because it allows you to:

  • Use the field services calendar scheduling board to generate daily or weekly timetables mechanically or through drag-and-drop tools.
  • Swiftly capture service needs to reduce the time between call receipt and task assignment.
  • Update developments to diminish response times and costs, resulting in more profits and increased customer satisfaction which provides a competitive edge.
  • Monitor and oversee every aspect of your service or organisation with Acumatica Service Management.
  • Share best practices, systematise manual procedures, and monitor service records by assimilating information, people, and resources.
  • Track resource commitments, match jobs to best accessible resources, and create work orders.

Why Acumatica Cloud ERP?

Whether you want to streamline dispatching, reduce response times, or minimise costs, the Acumatica Field Service edition has you covered with CRM, sales, inventory, purchasing, accounting, and business reporting. It provides a global overview of customer activities so that you can develop the inclusive customer experience and assess customer satisfaction to earn higher periodic revenues and increase your competitive edge.

All your information is easily accessed via the web and fully transportable which is ideal for your field workforce. Unlike other field services software, the user interface delivers a unified conversion between applications, since Field Services Management is part of Acumatica Cloud ERP, not a bolt-on application.

To discover more about how Acumatica Cloud ERP can help your company, contact us today.

How AXON Gaming streamlines your Regulatory & Compliance functions

Any reputable iGaming company keeps Regulatory & Compliance functions as a top priority in their company’s overall success. So, what are such functions worth? The answer is very simple: everything.

In layman’s terms, having good Regulatory & Compliance functions can save the company from the industry’s version of the death penalty — the revocation of its gaming license after disciplinary action. Undoubtedly, a company’s ability to earn revenue are exhausted once a gaming license is revoked.

Regulatory & Compliance functions act as an insurance policy for the company’s future. Computime Software wanted to highlight the necessity of compliance, by exploring the gravity of being non-compliant, and ways in which AXON Gaming can help your company be the best it can be.

Why should a company keep Regulatory & Compliance functions in check?

As iGaming continues to thrive, a company’s future successes rely on receiving additional licences for new jurisdictions. This, in turn, is directly linked to said company’s regulatory history. After all, the best forecaster of a company’s future compliance is its past. Businesses with insufficient compliance records could find themselves greatly disadvantaged when attempting to secure rights or licenses from new authorities.

How can we help?

Fortunately, we have the solution to all your compliance needs – the AXON Gaming Regulatory and Compliance module. It is a time-saving software solution that supports you in automating and enhancing your Regulatory & Compliance functions. This is done through monitoring and reporting on crucial information, in real time.

 AXON Gaming: A Synopsis

One of AXON Gaming’s best assets is the fact that supplementary development will not be required to perform additional checks on data sources. This means functions need not be delivered via pre-defined dashboards and can be synchronized with your company’s current system, which makes for a hassle-free installation and implementation. Additionally, automation with assimilated systems will make regulatory and compliance teams more resourceful in their day-to-day monitoring of fraudulent activity. Moreover, AXON Gaming even addresses regulatory reporting by capturing mandatory data.

AXON Gaming provides you with blacklist updates

  • Automate alerts when a player requests a withdrawal, or when time for the due diligence has expired
  • Activate programmed age verification with third party software
  • Flag due diligence checks based on time from player registration

AXON Gaming programmes due diligence with alerts and actions

  • Trigger automated age verification with third party software
  • Notifies you about due diligence checks based on time from player registration
  • Systematises blacklist updates
  • Warn the fraud team on doubtful activity based on pre-defined rules
  • Programme fraud checks in third party systems
  • Add country/jurisdiction specific rules on-demand, to certify the total amount deposited from cardholders does not surpass the monthly limit

AML compliance is an integral part of any successful iGaming company.  If your company would like to ensure that all of its Regulatory & Compliance functions are in order through AXON Gaming, contact Computime Software today.

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Grow your professional services firm with Acumatica Cloud ERP

When looking for ways to help your business grow, it can be somewhat challenging to devote enough time and attention towards your level of productivity and management of customer relationships.

Along with this, it’s important to stay one step ahead of your competitors in terms of pricing, as well as ensuring that you’re reaching your profit targets. Acumatica Cloud ERP offers a solution to service firms all over the world, with a wide range of features that are both customisable and easy to use.

Content and customer management

With financial management tools and a business wiki, Acumatica Cloud ERP offers a complete set of integrated customer solutions which include CRM information about sales, invoices, and contracts in addition to support tickets. A customer’s life cycle or lead is completely captured via a web form, transforming a prospect all the way into a business account.

In this way, every member of your team has access to a 360-degree view of customer activities and records which enable them to learn which ones are the most profitable.

Real time compliance and feedback

With Acumatica Cloud ERP, you can rest easy knowing that each area of your organisation can be accessed in real time. Instead of looking backwards and gathering data, you can view from a dashboard everything that is occurring right here and right now. Configure dashboards the way you want to and obtain advanced reporting and feedback regarding project expenses. This will enable your business to stay at the top of its game by making it easier for you and your team to make decisions based on real time events and developments.

Manage your documents on a unified platform

The Document Management feature is just one of the core tools within Acumatica Cloud ERP that facilitates access to transactions recorded in the system. You can organise different versions of file attachments, arrange storage settings, and create or delete organisation wikis and wiki articles.

Timesheets and contract management

Another core feature is Accounts Receivable. Control the rates for each client with regards to products, labour, and services. Expense reports and timesheets can be uploaded from anywhere and at any time, and even from your mobile device. Customise approvals and your workflow from any location to any specific business.

An efficient and modern cloud ERP can help your professional service firm turn time into money and manage unique activities like staff timesheets and project billing. Discover how Acumatica Cloud ERP can help you reach your goals and optimise the key processes needed to help your organisation run as smoothly and efficiently as possible.

For more information contact our team at Computime Software today.

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