Click here for a tutorial to order or view a Business Verification report!! (requires Beastro login)
The Business Verification tool is accessed through the Business Tools module. It allows credit union Users to quickly and efficiently verify business entities and the individuals associated with them who wish to interact with the credit union.
All Beastro Users are automatically equipped with the ability to view Business Verification reports. Users with the Business Verification Manage Authority may order various reports to review required Know Your Business compliance verifications.
There is a per report cost when this feature is utilized. Costs for each individual report are clearly displayed during the selection process, prior to purchase, and will ultimately be reflected on the credit union's monthly Service Summary.
Reports that may be available for businesses and related individuals include:
Report Name | Description |
Basic Verification | Verify a business by matching its legal name to its Taxpayer Identification Number (TIN) for fast identity confirmation. |
Advanced Verification | Perform comprehensive validation including business name matching, TIN verification, address confirmation, employee lookup, Secretary of State filing review, and watchlist screening for a full compliance and risk profile. |
Web Analysis | Assess a business's online presence, including website metadata and digital footprint, to gauge credibility and activity. |
Industry Classification | Automatically assign industry codes (NAICS/SIC/MCC) to businesses for segmentation, compliance, and risk profiling. |
Business Tax Lien Search | Identify federal and state tax liens that may indicate financial instability or unresolved obligations. |
Business UCC Lien Search | Reveal secured transactions and creditor claims filed under the Uniform Commercial Code (UCC). |
Business Litigation Search | Detect civil and commercial legal actions involving the business, including pending and historical cases. |
Business Bankruptcy Search | Uncover bankruptcy filings that signal financial distress or restructuring. |
People Tax Lien Search | Check for tax liens against business owners or executives to assess personal financial risk. |
People Litigation Search | Review legal proceedings involving individuals tied to the business for reputational and operation concerns. |
People Bankruptcy Search | Identify personal bankruptcy filings that may affect leadership credibility or financial oversight. |
People Criminal History Search | Screen for criminal records to ensure compliance with regulatory and reputational standards. |
Adverse Media | Monitor global news and media sources for negative coverage, sanctions, or watchlist mentions. |
Enhanced Screenings | Apply advanced compliance filters for high-risk entities, including politically exposed persons (PEPs). |
Businesses
The Businesses summary card displays business verification orders that have been placed by credit union Users. Sorting and filtering are available on all columns. Click the arrow next to the column header to sort the column. The orange arrow indicates which column is currently sorted. Search within a column by typing information into the Search and/or the date range boxes located just under the header for each column. Click the Clear filters hyperlink to clear column filters. Orders may have the following statuses:
Approved
In Audit
In Review
Open
Pending
Rejected
Click the Business Name hyperlink to view information for an existing verification order. Click View Order History to review the history of orders placed.
Orders may be placed for a single business at a time or may be placed in a batch using a CSV file create by the User.
Orders are available in Basic or Advanced options:
Basic - requires only Tax Identification Number (TIN)
Basic only
Web Presence
Web Analysis and/or Industry Classification
Advanced - requires Business Name, Office Address; optional (depending on packages selected) website, formation state, DBA name, email, phone number, and associated people
Advanced only
Advanced Package selection options include:
Web Presence
Web Analysis and/or Industry Classification
Available for both Basic and Advanced Verification orders
Credit Assessment
Business Risk Data
Business Federal & State Tax Lien Search
Business UCC Leins Search
Business Litigations Search
Business Bankruptcies Search
People Risk data
People Liens Search
People Litigations Search
People Criminal History Search - requires Date of birth
People Bankruptcies Search - requires Social Security Number
Adverse Media
Adverse Media Screening
Enhanced Screenings
Enhanced Screening
Placing a New Business Verification Order
To create a new Business Verification order:
Navigate to the Business Tools module
From the Business Verification tab, on the Businesses card, click the Place Order button
Ensure the New Business radio button is selected
Click Next
Select the type(s) of report to order (see a list of report descriptions in the chart above)
Corresponding charges for selected reports will be displayed in the right column of the screen
Hover over additional icons to display further charges information
Click Next
Provide Business Details
Click Next
Any missed required fields will be noted in red text - complete required fields and click Next
Provide Additional Information
Any missed required fields will be noted in red text - complete required fields and click Next
Review order information
Related charges are displayed in the right column of the screen, with a total displayed at the bottom of the page
Click Place Order
Indicate Confirm or Cancel in the Place Order confirmation pop-up (the order total is displayed)
Order charges will be reflected on your credit union’s monthly Service Summary
The Order Summary pop-up indicates the order was placed
Click OK
The User is directed back to the Businesses card where the pending order is displayed. Click the Refresh button at the top of the screen to update the status.
Placing a Batch Business Verification Order
To create a Business Verification order for multiple businesses in one step, a CSV file may be uploaded into Beastro. A sample CSV template is included after the charts listed below to get the User started. Once uploaded, Beastro will validate the file. Any errors contained in the file will be displayed in a row-by-row error list. If the file is correctly formatted, Beastro will parse each row into individual orders and a review page with order details and costs will be displayed.
The file must be saved in .csv format
Column order does not matter
Columns with no data in any row may be deleted as they are ignored during the validation process
CSV File Structure
Use the data elements from the chart below to create the CSV file. Columns ending in a number (ex. associated_person_name1, package1) may be duplicated with incremented numbers (ex. associated_person_name2, package2).
Field/Header | Description |
|---|---|
name | Business name |
address1 | Office address |
tin | Tax Identification Number |
dba_name | Doing Business As name |
phone_number | Business phone number |
formation_state | State of formation |
associated_person_name1 | Associated person’s full name |
website | Business website |
email_address1 | Business email |
background_person_first_name1 | Person’s first name (background check) |
background_person_middle_name1 | Person’s middle name (background check) |
background_person_last_name1 | Person’s last name (background check) |
background_person_dob1 | Person’s date of birth (background check) |
background_person_ssn1 | Person’s Social Security Number |
package1 | Package name (see package types below) |
Supported Packages for CSV Batch Upload: Packages requested in the CSV file must be noted under each package column header (package1, package2, package3, etc.) and must adhere to the requirements indicated. Required Column Headers must be included for each package requested - all other column headers are optional: | ||
|---|---|---|
Package Type | CSV Format | Required Column Headers |
Basic Business Verification | tin | name tin |
Advanced Business Verification | business_verification_verify | name address1 |
Web Analysis | web_analysis | name address1 website |
Industry Classification | industry_classification | name address1 website |
Business Tax Lien Search | tax_liens | name address1 |
Business UCC Lien Search | ucc_liens | name address1 |
Business Litigation Search | litigations | name address1 |
Business Bankruptcy Search | bankruptcies | name address1 |
People Tax Lien Search | people_tax_liens | name address1 at least one associated_person_name1 |
People Litigation Search | people_litigations | name address1 at least one associated_person_name1 |
People Bankruptcy Search | people_bankruptcies | name address1 background_person_first_name1 background_person_last_name1 background_person_dob1 background_person_ssn1 |
People Criminal History | people_criminal_history | name address1 background_person_first_name1 background_person_last_name1 background_person_dob1 background_person_ssn1 |
Adverse Media | adverse_media | name address1 |
Enhanced Screenings | enhanced_screenings | name address1 background_person_first_name1 background_person_last_name1 background_person_dob1 background_person_ssn1 |
Example Template
Use the example template below to assist with creating a CSV file to upload a batch of businesses to verify in a single step.
Batch Order Steps:
Navigate to the Business Tools module
From the Business Verification tab, on the Businesses card, click the Place Order button
Ensure the Batch Business radio button is selected
Click Next
Drag-and-drop the prepared CSV file or click the browse hyperlink to upload the batch verification request
The card will update to reflect the uploaded file
Click Next
If the file contains errors, a list will be displayed - a corrected file will need to be uploaded (click Change Attachment File or Remove to upload the corrected file)
if the file does not contain errors, the User is directed to an Order Review screen
Review order information
Related charges are displayed in the right column of the screen, with a total displayed at the bottom of the page
Click Place Order
Indicate Confirm or Cancel in the Place Order confirmation pop-up (the order total is displayed)
Order charges will be reflected on your credit union’s monthly Service Summary
The Order Summary pop-up indicates the order was placed
Click OK
The User is directed back to the Businesses card where the pending order is displayed. Click the Refresh button at the top of the screen to update the status.
Review Business Verification Order
Users may review Business Verification Orders by clicking on the Business Name hyperlink. Orders in a Pending status are not available to view. Click the Refresh icon in the upper left corner of the Businesses card to update order statuses.
The top of the Business Verification order displays the business name. Additionally, the User may click the Export to PDF button to retrieve a PDF version of the report. The User may also Reorder or Review the report. These options will be covered elsewhere in the article.
Below the business name is a summary of key information related to the business (number one on the image below): Business Name, TIN, Office Address, Website, Phone Number, Secretary of State (SOS) information, and any indicators for those items.
The Overview card on the left side of the screen contains the list of packages ordered (number two on the image below). Clicking the report name (number three on the image below) updates the information displayed on the right side of the screen. Report elements are reflected in one of three colors:
Green = Low risk
Grey = Neutral risk
Red = High risk
Underlined blue text elements are hyperlinks. Underlined black text elements may include additional information when the User hovers over the text.+
Users may update the Review Status of an order to indicate to other Users that the order has been reviewed. Click the Review dropdown button in the upper righthand corner and select Approved, In Review, or Reject to display a new order status.
.png?sv=2022-11-02&spr=https&st=2026-01-02T13%3A21%3A15Z&se=2026-01-02T13%3A39%3A15Z&sr=c&sp=r&sig=Aec0QsBh8IPeFVKQlu0EUGMKQxp98GGuZgWJBBPS7pU%3D)
Reorder Business Verification
Users have the option to reorder business verification reports. Only Users with the Business Verification Manage Authority role may request reorders.
Users may select only one package at a time when submitting a reorder with one exception: Web Analysis and Industry Classification are meant to be ordered together, so the system will allow (and actually encourage) Users to order both in a single reorder.
Review the table below for Reorder options:
Original Order | Excluded from Reorder | May be included in Reorder |
|---|---|---|
Basic Verification only | Basic Verification | Advanced Verification (only) Web Analysis (alone) Industry Classification (alone) Web Analysis and Industry Classification (together) |
Basic Verification with Web Analysis | Basic Verification | Advanced Verification (only) Web Analysis (alone) Industry Classification (alone) Web Analysis and Industry Classification (together) |
Basic Verification with Industry Classification ( | Basic Verification | Advanced Verification (only) Web Analysis (alone) Industry Classification (alone) Web Analysis and Industry Classification (together) |
Basic Verification with both Web Analysis and Industry Classification | - | - |
Advanced Verification only without TIN | - | - |
Advanced Verification only with TIN | Basic Verification | - |
Reorder Steps
Navigate to the Business Tools module
Existing Business radio button is pre-selected with the business name listed
Click Next
Select the reports to reorder
Click Next
Review the order details and confirm the total
Click Place Order
Select Confirm to proceed, or Cancel to stop the order process
Order Summary is displayed
Click OK
The User is redirected to the Businesses card. Click the Refresh button to update order statuses. Click on the reorder hyperlink to view detail.