Your firm
A year of manual checks
| Task | Hours | Staff cost |
|---|---|---|
Screening new customers by hand 480 checks a year | 120 | £4,200 |
Re-checking your whole book monthly 9,600 checks a year | 2,400 | £84,000 |
Re-checking your whole book daily What FirmScreen does automatically | 73,000 | £2,555,000 |
Each manual check costs about £8.75 in staff time. FirmScreen re-screens every customer daily without anyone lifting a finger, and records each run. How ongoing monitoring works
Only staff time: how long it takes someone to search the official lists by hand, save the evidence and update a spreadsheet, at the hourly cost you enter. It doesn’t include FirmScreen’s price, which is on the pricing page.
Because that’s what ongoing monitoring means if nothing does it for you. Most firms don’t re-check their whole book daily by hand; the figure shows why designations made after onboarding are so often missed.
It depends on the firm. Searching several government sites, checking aliases, saving screenshots and recording the result can take anywhere from a few minutes to half an hour per customer. Use your own figure.