AML/KYC comparison
Compare Lodgeit against Australia's leading AML/KYC solutions
See how Lodgeit compares against Australia's leading AML/KYC compliance platforms built for accounting firms. Compare features, pricing models, automation capabilities and compliance workflows to confidently choose the right solution for your practice.
- No platform fees
- Whole book verification
- Automated UBO reports
Why Lodgeit
Why accounting firms choose Lodgeit
No platform fees
Only pay for the verification services you actually use. No monthly subscriptions or mandatory credit bundles.
Whole book verification
Verify your entire client database in one automated workflow instead of processing every client individually.
Automated UBO reports
Generate complex ownership structures automatically without manually combining multiple reports.
Feature comparison
Compare Lodgeit against leading AML/KYC compliance platforms built for accounting firms. The highlighted capabilities demonstrate where Lodgeit provides greater automation, efficiency, and value.
| Capability | Lodgeit | EngageAML | Ignition Compliance | First AML | BGL Firm Verify |
|---|---|---|---|---|---|
| Built for accounting firms | Yes (payments-led) | No | No | Partial | Yes (CAS360) |
| Pricing model | Pay-as-you-go, No platform fee | Subscription + credits | Add-on subscription | Subscription (POA) | CAS360 sub + per check |
| Individual KYC (ID + DVS) | Yes | Yes | Yes | Yes | Yes |
| PEP / Sanctions / Adverse Media | Yes | Yes | Yes | Yes | Yes |
| KYB Entity Check (ASIC / ABR) | Yes | Yes | Yes | Yes | Yes |
| Automated Multi-Level UBO | Single automated report | Config dependent | Limited | Ownership mapping | In development |
| Bulk / Whole Book Verification | Entire client book in one pass | No | No | Limited | No |
| Ongoing Monitoring | Yes | Yes | Partial | Yes | Yes |
| International Clients | Yes | Via FrankieOne | Yes | Yes | Limited |
| Collect Tax/Fee Payments | Yes | No | Yes | No | No |
| e-Sign / Binding Packs | Yes | Via Access Suite | Yes | No | Limited |
| Full AML/CTF Program + Training | Verification + CDD Lifecycle | Yes | Workflow only | Partial | Developing |
| Biometric Liveness | Not Required | Yes | Partly | Yes | Via FrankieOne |
Pricing: accounting-native players
Actual published rates, ex GST unless noted. EngageAML figures are from their live pricing page. Lodgeit rates are from our own pricing.
| Provider | Platform / Subscription | Individual KYC | KYB (entity) | Multi-Level UBO | Other |
|---|---|---|---|---|---|
| Lodgeit | None (pay-as-you-go) | ~$5.50 verified + screened (DVS$1.50;eKYC+DVS~$4.50; PEP/sanctions~$0.95) | ASIC company $26 (fixed) | $57 fixed floor, single automated report | Monitoring $0.60/entity/mo |
| EngageAML | Lite from $233/m, Pro from $667/m, Advanced POA ( 5 seats, annual ) + mandatory credit bundle $500–$1,000 | Simplified $7, Standard $9, Enhanced $12 (monitoring $1) | Sole trader $25; single-layer ASIC $25; multi-level ASIC $55 | Stacked: $55 multi- level ASIC + $20 trust + $20 SMSF deed reader | FrankieOne; full program + training |
| Ignition Compliance | Add-on to Ignition core (AU Pro ~$229/m, Pro+ ~$399/m annual) | Via ComplyCube, not yet public | Not public | Limited | Plus card / ACH processing fees |
| First AML | POA; min 400 individuals or 100 complex entities/yr | Not published (EIV up to ~$15) | Higher for complex entities + registry fees | Yes: auto-builds ownership structure | Data on AWS Australia; used by Grant Thornton |
| BGL Firm Verify / BGLiD | Within CAS360 subscription | BGLiD $7 + GST | Firm Verify rolling out (POA) | In development | FrankieOne: ID, AML, sanctions, adverse news |
Pricing: pure-play and budget field
The newer Tranche 2 tools with transparent per-check rates, plus market reference points. All ex GST unless noted.
| Provider | Platform | KYC | KYB | Notes |
|---|---|---|---|---|
| ClearAML | None | $8/check | Uplift | ID + PEP/sanctions bundled; no minimums |
| easyAML (Scantek) | Starter none; Pro/Ent sub | $20 | $40 | Pro/Ent include $220 / $440 monthly credit; program + training |
| IntelliCompli | Starter $130/m, Pro $299/m | $3/check | Limited | Stripe Identity; manual checks free |
| FreeAML | None | $15 | $35 | Client-pays option = $0 to firm |
| Signum Verify | Free plan; from $44/m | Per client case | Per client case | No per-check fees, no seat limits |
| AML Assured (real estate) | From $79/m | $13.20 extra | $28 extra | PEP/sanctions on every plan |
Reference points
Australia Post VOI $49 · PEXA Clear $40 · AML Guard $45 · market individual ID band $15–$45 ex GST
Real costs
The numbers behind AML verification.
Understand the real costs of client verification and why a risk-based approach delivers better compliance while keeping verification costs under control.
EngageAML's real Year 1 cost
A Pro firm pays roughly $8,000/year subscription, plus a mandatory $1,000 credit bundle, plus per-check on top ($9 standard, $55 multi-level company). Lodgeit has no platform fee and verifies a client for ~$5.50.
UBO, the honest read
EngageAML stacks a $55 ASIC check plus $20 trust and $20 SMSF readers to assemble a structure. First AML maps ownership but is POA with a 400-client floor. Lodgeit is one automated multi-level report fixed at $57.
Bulk verify is uncontested
None of these price or even describe a one-pass run across an existing client book. They all assume client-by-client onboarding. Whole-book verification is where Lodgeit stands apart.
Sources and caveats
Competitor figures are from published pricing pages and marketing material as at June 2026 and are ex GST unless noted. EngageAML rates from the ChangeGPS pricing page; BGLiD $7 + GST from BGL support documentation; Ignition core tiers from Ignition AU pricing; First AML minimum from its plans page. Lodgeit rates are from our KYC and AML checks pricing. Ignition Compliance and BGL Firm Verify were mid-launch, so their verification pricing was not yet public. First AML’s monthly floor is a third-party estimate, not a published figure. This is general information, not legal or compliance advice.
Simplify AML compliance with Lodgeit
Automate client verification, streamline AML/CTF compliance, and reduce onboarding time with an all-in-one solution built for accounting firms.