Onboarding new customers is key for financial services firms, but cumbersome paperwork and complex processes lead to high abandonment rates. Low code provides a faster way to create digital onboarding journeys that simplify and optimize user experience.

Challenges with Traditional Onboarding 

Typical issues faced during financial onboarding:

- Too much paperwork overwhelms applicants

- Manual processes take too long to complete

- Customers abandon applications if too complex

- Poor visibility into pending actions 

- Difficult for applicants to track status

- Security and compliance requirements add friction 

- Siloed systems prevent seamless experience

This results in low completion rates, high acquisition costs, and missed revenue opportunities.

How Jump Cube Platform Helps

With low code, financial firms can rapidly transform onboarding by:

- Digitizing forms and documents into easy step-by-step workflows

- Adding e-signature capabilities to eliminate paperwork

- Integrating data and systems into unified interfaces

- Embedding chatbots to guide users through process 

- Ensuring compliance with required data capture

- Providing application status tracking and alerts

- Deploying multi-channel portals for any device 

Optimized user experience drives higher conversion and completion rates.

The Benefits

Key advantages financial firms realize with low code onboarding:

- 60% faster time-to-market

- 40% increase in application completion rates

- 80% reduction in abandoned applications

- 30% faster processing with automation

- Improved compliance with required data capture

- Enhanced brand image through user experience

- Lower cost per acquired customer

Get Started Today 

Engage us to see how our low code platform can help you rapidly transform onboarding. Let’s deliver modern digital experiences that convert customers faster!