Business Verification
Business verification is a mandatory security step when you set up your organization's Emburse Spend account. It adds another layer of protection to your account.
You must provide the name and information of someone who owns or may legally represent your organization. If this person does not own at least 25% of the company, or if other people own more than 25% of the company, you must also provide details for those additional people.
The Forte application for reimbursements is only applicable for customers in the US. If your organization will also be completing the Forte application for reimbursements, we recommend you provide the same business-representative information for verification via Stripe that you will for Forte, since these two processes are linked.
Verify Your Business
- Select the
Gear to open Company Settings, then open the Company Information screen.
- Under Business Verification, select Verify.
- Alternatively, select Complete Business Verification in the Verify Your Account banner on the Dashboard.
- Or open the Set Up Your Account screen from the Admin menu and, in the Verify Your Business box, select Start.
- Stripe's website displays so you can complete verification. Choose the type of business and, if applicable, the business structure. Then select Continue.
- Enter your business details and select Continue.
- On the Verify Your Personal Details screen, enter the name and information of someone who owns or may legally represent your organization.
- If this person does not own at least 25% of the company, or if other people own more than 25% of the company, provide details for the additional people when prompted.
- Select Add Another Owner, enter their details, and select Continue.
- Select Continue.
- Review the Business, Public, and Management & Ownership details and select Agree and Submit.
- If one or more of the owners is marked as incomplete, select Edit to provide the necessary additional information.
- Enter the required information and select Submit.
- You will be returned to the previous screen, where you may select Agree and Submit.
Account Validation
When you submit the form, Stripe attempts to verify the identity of the person or people you listed by checking the last four digits of the Social Security number. If this check fails, Stripe asks for the full Social Security number. If Stripe still cannot complete validation, Stripe asks you to submit a photo of the person's government-issued ID. In rare cases, Emburse Spend may contact you for manual verification of the person's identity.
Review and Update Requested Information
In certain cases, you may need to provide additional information during the business verification process. If you see the following message under Business Verification on the Company Information screen, select Review to provide the requested information and complete verification.
The business verification process was started but is either incomplete, pending review, or new documentation is required as a result of changes to our Know-Your-Customer (KYC) requirements.