AML/CTF obligations went live on 1 July. If you are choosing compliance software now, two Australian platforms built specifically for Tranche 2 keep coming up: easyAML (by Scantek, Perth) and AML Mate (that's us). This post compares them directly.
Full disclosure up front: we make AML Mate, so read this knowing where we sit. To keep it useful rather than promotional, every easyAML figure below comes from their own public pages, we link the sources, and we tell you plainly where easyAML is genuinely stronger. There are firms for whom easyAML is the better pick, and we say which ones at the end.
All easyAML pricing is as published at easyaml.com/pricing on 3 July 2026, quoted ex GST as they list it. Check their site for current figures. AML Mate pricing is at our pricing page. Prefer the quick-reference version? See the side-by-side comparison page.
At a glance
| AML Mate | easyAML | |
|---|---|---|
| Entry price | $49/month | $179/month + GST |
| Contract | Monthly, cancel anytime | 12-month term |
| Identity verifications included | 5/month on entry plan | None on entry plan (pay per use) |
| Extra identity verification | $5 each | $20 + GST each (KYC) |
| KYB / company check | Beneficial-owner records with PEP and sanctions screening; no automated ABN/ACN lookup yet | $40 + GST each on entry plan |
| PEP and sanctions screening | Included on paid plans (fair-use limits apply) | Included |
| AML/CTF program builder | Yes (full Part A-F editor, PDF and Word export) | Yes |
| SMR / TTR preparation | Yes | Yes |
| Staff training and certificates | Included, all plans | Included |
| AI compliance assistant | Yes, grounded in AUSTRAC guidance | Not advertised |
| Free way to start | Free compliance check, no login, plus a 14-day trial | Demo and onboarding session |
| Third-party integrations | Fewer today | Broad (practice management, real estate CRMs, conveyancing) |
The pricing difference, worked through
Headline prices hide the real cost, which is the subscription plus verifications. Here is a typical small firm: four people, verifying 10 new individual clients a month.
easyAML Starter: $179/month plus 10 KYC checks at $20 each is $379/month + GST, around $4,548 + GST per year, on a 12-month term. Their Professional tier ($449/month + GST) includes a $220 monthly verification credit that rolls over, which improves the per-check economics ($15 each) but lifts the base cost.
AML Mate Essentials: $49/month with 5 verifications included, plus 5 extra at $5 each is $74/month, around $888 per year, cancel any month.
That is roughly a five-times difference in year-one cost for the same firm. If you verify very few clients, the gap narrows but does not close: the subscriptions alone are $179 versus $49.
One honest caveat on comparing verifications, covered next: the two products do not verify identity the same way, so a check on one platform is not a perfect substitute for a check on the other.
Where easyAML is genuinely strong
We would rather you hear this from us than discover it in a demo.
Identity verification depth. easyAML is built by Scantek, an established Perth identity verification provider. Their KYC includes document verification with back-to-source checks, biometric face match with liveness detection, and their KYB includes ABN/ACN lookups with beneficial owner identification. AML Mate's electronic verification today is biometric document-plus-selfie matching. It creates a strong, auditable record that the person presenting the ID matches it, but it does not yet check documents back to authoritative government sources. Verifying against authoritative sources is on our roadmap; if back-to-source verification is a hard requirement for your risk appetite today, easyAML has the edge.
Integrations. easyAML lists integrations with Actionstep, Clio, Affinity and Unity on the legal side, Xero for accounting, and a long list of real estate and conveyancing platforms (their integrations page). AML Mate has fewer integrations live today. If your workflow depends on your practice management system talking to your AML platform on day one, weigh that.
White-labelling and account management. Their Professional and Enterprise tiers include white-labelling and a dedicated account manager, which matters for larger or multi-brand operations.
Where AML Mate is different
Price and commitment. $49/month against $179/month + GST, verifications included rather than $20 each, and no 12-month contract. For a sole practitioner or small firm, the compliance software line item should not rival your PI insurance. If you signed up for easyAML's free period and are now looking at the first invoices, this is exactly the comparison to run before your term locks in.
An AI assistant that cites its sources. AML Mate includes an AI compliance assistant grounded in AUSTRAC's own guidance documents, with citations back to the source material. Ask it "does a trust account transfer trigger a TTR?" and you get an answer with the relevant AUSTRAC reference, inside the same tool that holds your program and client records. easyAML does not advertise an equivalent.
Depth of the program editor. Both platforms build AUSTRAC-aligned AML/CTF programs. AML Mate's is a full Part A-F editor: industry-specific prefill, section-by-section editing with completion tracking, AI-assisted drafting per section, and export to both PDF and editable Word. Your program stays a living document you keep updating, not a one-off generated PDF. See the Part A-F walkthrough for what that looks like.
A free, no-login starting point. You can run a free compliance check right now, without creating an account, and see where you stand. Then a 14-day trial of the full product. easyAML's path in is a demo and onboarding session, which is a heavier first step when you are still comparing options.
Audit-ready evidence in one export. AML Mate bundles your program, client register, screening history, reports, training records and activity log into a single audit pack download. When AUSTRAC asks, you hand over one file.
Feature by feature
| Capability | AML Mate | easyAML |
|---|---|---|
| Risk assessment | Guided, deterministic scoring, industry-specific | Guided, industry-specific |
| Client CDD records | Individuals, companies, trusts, beneficial owners | Yes |
| Client self-service KYC intake | Yes, tokenised link | Yes |
| Sanctions screening | DFAT consolidated list, auto re-screening on a risk-based schedule | PEP, sanctions and criminal watchlists |
| PEP screening | Yes (OpenSanctions) | Yes |
| Adverse media | Guided manual check, recorded on file | Automated screening advertised |
| Electronic identity verification | Biometric document + selfie match | Document, biometrics, liveness, back-to-source |
| Transaction monitoring | Rules-based (thresholds, structuring, rapid movement) with alerts | Rules-based with behavioural analysis |
| SMR / TTR | Guided forms, validation, PDF/Excel output, status tracking | Prepopulated reports |
| Annual compliance report | Auto-aggregated | Not specified |
| Training | 5 modules, quizzes, certificates, tokenised staff portal | Role-specific modules, access restrictions |
| Record retention | 7-year retention built in | 7+ year retention |
| AI assistance | Assistant with AUSTRAC citations, drafting help, alert triage | Not advertised |
Both platforms prepare AUSTRAC reports for you to lodge; neither replaces your obligation to lodge with AUSTRAC and keep your program current. AUSTRAC does not approve or endorse any commercial software, ours included.
Which one should you pick?
Pick easyAML if: you need back-to-source identity verification from day one, your workflow lives inside a practice management or conveyancing platform they integrate with, or you want white-labelling and a dedicated account manager and the budget supports $179 to $999 a month plus per-check fees.
Pick AML Mate if: you are a small or mid-sized firm that wants the whole obligation covered (program, CDD, screening, monitoring, reporting, training, audit trail) at a price that does not need a partner meeting to approve, with no lock-in, and you value having an AI assistant that answers AUSTRAC questions with citations while you work.
The fastest way to decide is to spend five minutes on the free compliance check, then take the 14-day trial and put your real client workflow through it. If it does not fit, you have lost nothing and learned a lot about what you actually need.
Pricing and feature claims about easyAML are drawn from easyaml.com as at 3 July 2026 and may change; verify current details on their site. This article is general information, not legal advice, and no software makes you compliant by itself: your obligations under the AML/CTF Act remain your own. AML Mate helps you build and operate your program; see our disclaimer.