The process of bringing a corporate customer onboard used to be intricate and convoluted. It operated within distinct compartments, with legal, risk assessment, front-office, and due diligence units lacking a comprehensive perspective of the entire process. Consequently, this led to a protracted procedure that spanned several weeks. Through the digitalization of onboarding procedures, the time needed to onboard corporate customers have dramatically diminished, transitioning from months to just a matter of days.
In the past, onboarding corporate clients involved disjointed efforts across departments, often leading to extended timelines and inefficiencies. However, with the advancement of digitalization, banks have transitioned to integrated platforms that enable seamless collaboration among legal, risk, front-office, and due diligence teams. This evolution has dramatically accelerated the onboarding process, reducing it from weeks or months to a matter of days, while also enhancing accuracy, compliance, and customer satisfaction. The ongoing evolution of corporate onboarding solutions continues to shape a future of expedited, efficient, and customer-centric onboarding experiences for businesses.
Reduction in onboarding time from several weeks to just a few days
By leveraging streamlined data capture and automation, Appzillon reduces the time required for account opening. Customers can swiftly provide necessary information, submit documents digitally, and receive prompt approval, resulting in a faster onboarding experience.
Design onboarding workflows tailored to different business segments, ensuring that each client’s unique requirements are met.
Enable secure and instant communication between banks and clients, fostering transparency and trust.
Rest assured that your data and your clients’ data are protected. Appzillon Digital Banking Platform is built on a secure and scalable infrastructure, ensuring the confidentiality and integrity of sensitive information.
Empower SMEs and Corporates with self-service portals that allow them to initiate the onboarding process, upload documents, track progress, and receive real-time updates. This not only reduces manual intervention but also enhances client engagement.
Transform paper-based documentation into digital formats, simplifying data collection, storage, and retrieval.
Implement automated KYC, AML, and other regulatory compliance checks to expedite the onboarding process while maintaining adherence to industry standards.
Becoming the world’s first digital only trade finance bank with Appzillon’s digital corporate onboarding with real-time data validation
Appzillon’s account origination system was implemented to streamline, simplify, and standardize the onboarding process from a paper-based method
Appzillon is i-exceed’s award-winning low-code digital banking platform and suite of innovative digital banking solutions. Together, the combination is helping the world’s leading financial institutions deliver delightful customer journeys and boost staff productivity.
Be one step a head in delivering delightful retail banking user experiences to your customers
Learn More
Expand Banking Beyond The Walls Of A Branch With Just A Few Clicks
Learn More
Cloud-native technologies are transforming banking, offering scalability, and efficiency for modern bank...
Read More
In today’s digital banking environment, understanding and optimizing the customer journey is no longer...
Read More
Discover how we transformed the user experience for a bank’s retail banking app. This detailed case study walks you...
Read More
