What are the benefits of KYC verification?

Created by Product Content Team, Modified on Fri, 4 Jul at 1:10 PM by Product Content Team

The purpose of KYC (Know Your Customer) verification is to ensure that your contact details—like your email ID and phone number—are accurate and up to date. This :

  • Reduces the need for manual updates when internal changes occur.

  • Enables timely onboarding and support for new users, preventing delays in payroll and HR processes.

  • Ensures invoices are sent to the correct billing contact, enhancing operational efficiency.

  • Minimizes communication gaps and confusion by keeping contact data accurate and up-to-date.



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