CoCoNet’s out-of-the-box corporate customer onboarding offers maximum flexibility. It assembles everything according to the respective requirements. By digitising and combining separate process steps into one overall workflow, banks can optimise their processes.
Banks are facing various challenges in onboarding new corporate customers today. Partly manual process steps and separately working departments and systems result in onboarding taking a long time and being very cost-intensive.
Moreover, it becomes important for banks to be flexible in creating and adapting processes as new systems are regularly implemented, and requirements can change continuously. Another challenge in the onboarding of corporate customers is that usually a group of companies or at least several persons are involved.