AML software for accountants: compare more than the monthly fee
The monthly fee is the line on the homepage. The per-check price, the lock-in, and whether the client pays are the rest of the bill.
Quick answer
AML software for accountants is a buyer decision about four things: the monthly fee, the per-check price, the lock-in, and who pays. FreeAML leads with an A$0 firm suite and client-pays checks. A subscription stack can still be the right tool. Read the order form before you treat a monthly card as the whole bill.
In this article AML means anti-money laundering for an Australian accounting practice. The search “aml software for accountants” usually returns a monthly price. The monthly price is one line. The check, the term, and whether the client can pay are the rest of the year. This is general information, not a quote, and not legal advice. Which engagements are designated services is AML for accountants. The reform context is /tranche-2.
Compare more than the monthly fee
A platform fee of zero and a platform fee of several hundred dollars a month are different shapes. So are a published per-check price and a price that only appears on a quote. So is a check the firm absorbs and a check the client pays. Put those questions on one page before you rank logos.
Buyer checklist. Dollar amounts move. Confirm each vendor on the linked note or on their own page before you sign.
| Question | Why it changes the bill | Where to read it |
|---|---|---|
| What do you pay in a month with no new matters? | A subscription is still there when the practice is quiet. An A$0 firm suite is not a seat | FreeAML pricing |
| Is there a per-check price on top, and is it published? | Some plans meter every verification. Some include credit, then meter the rest. Some publish no unit price | The vendor’s pricing page, or the notes below |
| Who pays the check? | Firm-absorbed cost sits on the practice. Client-pays sends the invoice to the client | The order form, and whether the product can email the client a link |
| What is the lock-in? | A minimum term, a seat count you cannot drop, or credit that exists only while the seat exists | The FAQ and the order form. They sometimes disagree |
| What leaves with you? | The customer file, the program draft, and the training record are the practice’s evidence | Ask before you migrate. This page does not promise another vendor’s export |
FreeAML against a subscription stack
FreeAML’s firm suite is A$0. There is no monthly AML seat. When the program requires a verification, the firm emails the client and the check is client-pays. On the public list a personal KYC check is A$20 and a company KYB check is A$40. Confirm the live amounts on FreeAML pricing. There is no published minimum term and no monthly credit to use up.
A subscription stack sells the platform, and often a second meter for the checks. easyAML pricing records published monthly plans, a per-check meter, and a FAQ that describes a 12-month subscription. ClearAML pricing records monthly plans plus a wallet meter. AML Guard pricing records a seat fee and a customer-pays credit capped at that licence. Use those notes for their figures. This page does not restate them, and it does not rank one check price against another.
- Per-check. If the plan says pay per use, the monthly card is not the cost of a company with several people behind it. If the plan includes credit, unused credit and the rate after the credit are part of the comparison.
- Lock-in. Read the cancellation line on the order form. A page that says you can change plan, and a FAQ that says the term is 12 months, need one answer before you budget.
- Client-pays. A credit against a seat still starts from a seat. Client-pays on an A$0 suite does not need a seat to credit. The client receives the request by email.
- Suites you already pay for. InfoTrack’s Compliance Centre is described as no software subscription, with searches pay per use. First AML pricing is a quote and a published minimum, not a public per-check list. Firms already in Access practice software should read FreeAML and FrankieOne before they add a second platform.
What the software still does not decide
None of these products decides that an engagement is a designated service, approves the AML/CTF program, or becomes the reporting entity. Accountants still enrol, name a compliance officer, keep the program, and lodge what the firm must lodge. Software can store the check and the worksheet. The practice owns the duty. Re-check every vendor page when you buy. Plan names and inclusions move.
📚 Related Resources
Accountant AML Toolkit →
Complete compliance toolkit for accounting firms.
AML Software for Accountants →
Best practices and tools for accounting compliance.
Free KYC Check →
Verify customer identity in 60 seconds. Government ID + AML screening.
Free AML Program →
Board-ready AML/CTF Program template. All 10 AUSTRAC sections included.
Risk Assessment Generator →
AI-powered ML/TF risk assessment. 20-page compliant report in 5 minutes.
Free AML Training →
Online courses for staff. CPD-certified certificates included.
Frequently Asked Questions
A$0 for the firm. The client pays the check.
No monthly AML seat. Verification is client-pays by email. Confirm the live amounts before you compare a year of seats.
View pricingQuestions: team@freeaml.com.au