Clarevo manages engagement letters, compliance obligations, and client workflows for accountancy firms — so your team spends less time on administration and more time on client work.
Accountancy firms operate under a growing stack of regulatory obligations — AML, professional body requirements, GDPR, and client contractual obligations — while being expected to remain cost-competitive.
Issuing, tracking, and renewing engagement letters across a client portfolio is labour-intensive. Letters go unsigned, renewals are missed, and the firm's liability exposure grows quietly in the background.
Accountancy firms subject to the Money Laundering Regulations must maintain CDD records, conduct risk assessments, and apply enhanced due diligence where required — obligations that are frequently under-resourced relative to the exposure they create.
Client communications, document requests, approval chains, and compliance records sit across email, cloud storage, and practice management software that was not built for governance. Producing a complete client file for a complaint or audit is rarely straightforward.
Clarevo is designed with an understanding of what accountancy firms are actually required to do under professional body rules, MLR 2017, and engagement letter obligations — and automates accordingly.
Clarevo generates, issues, tracks, and renews engagement letters across your full client portfolio. Unsigned letters are flagged automatically. Annual renewals are triggered without manual intervention. The firm's contractual exposure is always current.
Client risk assessments, CDD collection, and ongoing monitoring are governed through structured workflows that enforce the right steps for each client type. The records produced are audit-ready for ICAEW, ACCA, or HMRC review — automatically, not retrospectively.
Clients submit documents, approve requests, and receive outputs through a governed portal. Every interaction is logged and accessible. Constructing a complete client file for any purpose takes seconds, not hours.
Filing deadlines, regulatory submissions, professional indemnity renewals, and client-specific obligations are tracked and surfaced before they expire. The practice is never caught out by a deadline that slipped through a crowded inbox.
Tell us about your practice size, professional body membership, and the workflows you need to govern.