Often subject to legal restrictions depending on the activity, you need to carry out a supplier audit.
Think about all the necessary exchanges of certificates between you and your suppliers/customers
Do you have distributors or merchants in your ecosystem?
You need to manage a multitude of subcontractors along your value chain
Our Digital Identity Wallet solution facilitates the processes known as KYB (Know Your Business), KYS (Know Your Supplier) or KYP (Know Your Partner). Collecting and managing the documentation required to verify the identity of a company, its shareholders, directors and activities can be tedious and complex. Simplify the process of requesting legal documents such as Kbis excerpts, IBANs and tax and social security certificates. You'll save precious time and relieve your entire ecosystem of administrative burdens.
Automatically connected to your business tools, you can request the presentation of a Kbis, an IBAN and the various certificates you need.
With the Archipels platform, you can connect your business tools (ERP, CRM, invoicing, etc.) to retrieve the necessary information.
You can automatically request the representation of certain documents.
You'll gain in productivity and reliability, and so will your business partners.
Simplified checks ensure a fast, efficient process, saving valuable company time.
The use of identity wallets reinforces data traceability, ensuring transparency in your ecosystem.
The wallet's secure validation of information guarantees greater confidence in established business partnerships.
KYB, or "Know Your Business", is a crucial process for verifying and validating information about a company, similar to KYC (Know Your Customer), but focused specifically on businesses. The KYB process represents the need for companies to comply with regulatory requirements and conduct in-depth checks on the companies with which they interact or do business. Integrating KYB practices into business processes is essential to establish credibility, trust and ensure regulatory compliance.
The distinction between KYC, KYB and KYS is crucial in the world of business and compliance. KYC, or 'Know Your Customer', focuses on the identification and verification of individual customers, ensuring the legitimacy of their identities. On the other hand, KYB, or 'Know Your Business', focuses on validating information related to the companies and business entities with which you interact. This involves checking details such as company structure, shareholders, management and other relevant data. Finally, KYS, or 'Know Your Supplier', focuses on knowing and validating the suppliers your company deals with. This practice ensures the reliability, legitimacy and compliance of business partners. Understanding these differences is essential to maintaining regulatory compliance and building strong, transparent business relationships. By effectively integrating these practices into your operational processes, you build trust and credibility, and reduce the potential risks associated with business transactions.
We invite you to contact us to learn more about the attestations already available in the Archipels wallet ecosystem. We regularly add trusted issuers (those who issue the attestations). The list is by no means exhaustive, but not all the attestations listed are available yet. But for example, Archipels has already forged a strong partnership with Infogreffe, enabling it to offer a Credential Kbis certificate.
To be able to create a company wallet, only a legal representative can do so today, after his or her identity has been verified. The wallet holder can issue rights within his or her company to enable the company wallet to be set up (for example, to accept requests for the presentation of documents, or to request the presentation of documents to certain suppliers).