Digital Onboarding

Ai/ML
Features
Healthcare
Give an End to end digital journey
Retail & E-Commerce
Reduce several levels of manual verification/info loss
Logistics
Reduce overall TAT to 2-3 days
Education
Digitisation of Contract & PO signing

Wavenet's Digital Onboarding Solutions

Identify Business Problem
Generic Onboarding (GO): First of its kind, Wavenet's Generic Onboarding Solution is designed with a vision to digitally onboard 80% of global users with minimal human intervention by offering a platform that allows the creation of completely customizable journeys across use-cases.
Data Definition
Merchant Onboarding (MO): Signzy’s Merchant Onboarding solution enables to onboard a merchant in lesser time with proper due diligence has always been the prime objective for every acquirer in the market.
Data Collection and Filtration
Investor Onboarding (IO): Signzy is the first to implement a remote Investor Onboarding Solution. This solution also supports integrating 3rd party distributors/channel partners via an Orchestrated Distributor API, custom-built for the AMC.

Wavenet's 3 Digital Onboarding Differentiator Capabilities


SMART App 2.0 – The Front-End Onboarding App can retrieve real-Time Data Pre-population from Authentic Data Sources, real-time Aadhaar Verification & Redaction, liveness detection, etc., which increases the efficiency of FoS by 80%.

AI Rule-Engine – The AI-Driven Decision Rule Engine supports client-specific rules which are completely customizable. It helps identify STP/ NSTP cases and, thus, reduces Back Office efforts.

BackOps Dashboards – The Dashboard helps get a summarized and detailed view of all applications. It also shows Verification status, face match score, risk score, etc., helping role-based access. Thus enabling real-time decisions.

Solution Benefits of Digital Onboarding Solution
Identity Verification
80% Lower cost of acquisition
Medical Imaging Analysis
73% Reduction in TAT
Chatbot & Virtual Assistant
3x Increase in business efficiency
Identity Verification
90% Reduction in digital fraud
Recommendation System
100% Compliant with all the regulations
Facial, Objects, & Proximity Recognition
10x Return over investment

Impact of Wavenet's Digital Onboarding Solution

Sales Efficiency

  • Real-time data pre-population to eliminate manual form filling
  • Enhanced RM efficiency to result in significant incremental revenue
  • Overall Onboarding TAT reduced by 73%s
Magento Development
Magento Development

Operations Efficiency

  • High Data Accuracy to possibly eliminate Junk Data
  • Customizable rules for adapting to changing regulatory compliances
  • Back Office overheads to get reduced by 60%
  • STP flow to reduce manual eye-balling efforts by 75%

IT Efficiency

  • Integration with LMS, CRM, and Central DBMS
  • Instant MID creation and vastly reduced data entry time
  • Dynamic forms to save time & effort for new product developments
  • Modular architecture allows flexibility and supports scalability
Magento Development