Middesk Reviews & Insights

Middesk majorly provides real-time access to the data and documents which are required for automating KYB and CIP regulatory compliance, mitigating front and backend risk. In addition, it is the easiest way for financial services companies to verify and monitor their business customers. It for us very much makes the process of onboarding customers very easy.

Middesk majorly provides us with real-time access to the data and documents which are required for automating KYB and CIP regulatory compliance, mitigating front and backend risk. In addition, it is the easiest way for financial services companies to verify and monitor their business customers. It for us very much makes the process of onboarding customers very easy.

We primarily have been using Middesk when we need to set up operations in a new state. We've also been going through the painstaking process of gathering our payroll and tax account information from our previous TPAs, state agencies, etc. and we've recently started using Middesk to transfer administration for those states. State registrations can be complex and nuanced - Middesk helps us stay compliant by prompting us to gather information as few times as possible, then we can rely on the technology to sort it all out and get us registered wherever we need to.

Middesk is an excellent and vital tool for any business needing to set up operations in a new state. The process the seamless and easy. For businesses looking to transfer administration of existing state accounts, the process is a little more clunky. Either way, Middesk saves a ton of time and brainpower needed to maintain registrations with state agencies.