Nimble Reporting has announced a partnership with SnapBOI to provide payroll organizations with a white-label platform that helps clients comply with the Corporate Transparency Act. This act mandates the disclosure of Beneficial Ownership Information (BOI) for certain entities in order to increase transparency in corporate structures and prevent money laundering and financial crimes.
SnapBOI’s platform responds directly to these requirements and can help payroll organizations differentiate their services, automate potentially complex government regulations, and create additional revenue streams. By integrating SnapBOI’s capabilities, Nimble Reporting enhances its agile reporting platform, helping payroll organizations navigate regulatory complexities while engaging and educating their clients.
Patrice Raiha of Nimble Reporting, LLC commented on the partnership, saying, “The payroll industry eagerly anticipates a product of this caliber—a solution that offers substantial value to entice and maintain customers, educates clients effectively, and generates substantial revenue, all through a seamless platform.”
Key Features of SnapBOI’s White Labeling Opportunities:
- Comprehensive Beneficial Ownership Reporting:Â Â SnapBOI’s platform simplifies the collection and verification of Beneficial Ownership Information, ensuring accurate and timely reporting in accordance with the Corporate Transparency Act.
- Customizable Solutions:Â Payroll organizations can white label SnapBOI’s compliance reporting services, tailoring them to match their brand identity and meeting the specific needs of their clients.
- Enhanced Revenue Streams:Â By white labeling SnapBOI’s services, payroll firms can expand their service offerings, attract new clients, and increase their revenue potential.
