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GMC SOFTWARE TECHNOLOGY SHOWCASES LATEST INNOVATION IN MOBILE ONBOARDING AT FINOVATE EUROPE

Published by Gbaf News

Posted on February 13, 2014

4 min read

· Last updated: December 11, 2018

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Revolutionizing Customer Onboarding Timeframes

Real-time and dynamic correspondence reduces banking customer onboarding from 39 days to only minutes

www.gmc.net: GMC Software Technology (GMC), the award-winning leader in customer communications management (CCM) and output management, will showcase its latest Mobile Onboarding application at Finovate Europe11th to 12th February, London. This solution will help banking agents to sell products and services in real-time, thereby increasing revenue and improving customer conversion rates through a better experience.

GMC Software Technology Showcases Latest Innovation In Mobile Onboarding At Finovate Europe

GMC Software Technology Showcases Latest Innovation In Mobile Onboarding At Finovate Europe

Empowering Agents With Real-Time Tools

The Mobile Onboarding application empowers front-line banking agents selling loans, mortgages and other products to create and send interactive policy documents in real-time, based on customers’ requirements. Customers can browse the documents on any mobile device – phone, tablet and PC – at anytime, anywhere; make changes and approve using a digital signature before returning it.

Previously, the paper-based process could take 14 to 39 days. Now using technology from GMC, agents can sign up customers in minutes. With the process now in real-time, customer drop outs are reduced. Through these dynamic communications, banks will also increase revenue opportunities by cross-selling and upselling products with an anticipated 30 per cent growth.

Secure, Compliant Mobile Interactions

GMC Inspire underpins these types of mobile-device-agnostic applications, allowing customers to interact with documents in a secure and compliant way with country-specific regulations.

Enhancing Customer Experience In Banking

This innovative application will ensure financial services organizations meet the needs of customers in an increasingly mobile age and improve the customer experience. GMC’s recent report, ‘The end of the banking autocracy’, revealed only 25 per cent of consumers thought that mobile banking was truly interactive and only 16 per cent of UK consumers strongly agreed that banks deliver a good customer service.

Peter Mueller, President EMEA Operations at GMC Software Technology, said: “Competition is fierce amongst the banks and customer expectations are high. The first interaction with new customers is critical. Embracing the mobile revolution will improve the customer experience and shorten onboarding times to drive growth.”

Real-time and dynamic correspondence reduces banking customer onboarding from 39 days to only minutes

www.gmc.net: GMC Software Technology (GMC), the award-winning leader in customer communications management (CCM) and output management, will showcase its latest Mobile Onboarding application at Finovate Europe11th to 12th February, London. This solution will help banking agents to sell products and services in real-time, thereby increasing revenue and improving customer conversion rates through a better experience.

GMC Software Technology Showcases Latest Innovation In Mobile Onboarding At Finovate Europe

GMC Software Technology Showcases Latest Innovation In Mobile Onboarding At Finovate Europe

The Mobile Onboarding application empowers front-line banking agents selling loans, mortgages and other products to create and send interactive policy documents in real-time, based on customers’ requirements. Customers can browse the documents on any mobile device – phone, tablet and PC – at anytime, anywhere; make changes and approve using a digital signature before returning it.

Previously, the paper-based process could take 14 to 39 days. Now using technology from GMC, agents can sign up customers in minutes. With the process now in real-time, customer drop outs are reduced. Through these dynamic communications, banks will also increase revenue opportunities by cross-selling and upselling products with an anticipated 30 per cent growth.

GMC Inspire underpins these types of mobile-device-agnostic applications, allowing customers to interact with documents in a secure and compliant way with country-specific regulations.

This innovative application will ensure financial services organizations meet the needs of customers in an increasingly mobile age and improve the customer experience. GMC’s recent report, ‘The end of the banking autocracy’, revealed only 25 per cent of consumers thought that mobile banking was truly interactive and only 16 per cent of UK consumers strongly agreed that banks deliver a good customer service.

Peter Mueller, President EMEA Operations at GMC Software Technology, said: “Competition is fierce amongst the banks and customer expectations are high. The first interaction with new customers is critical. Embracing the mobile revolution will improve the customer experience and shorten onboarding times to drive growth.”

Key Takeaways

  • GMC’s Mobile Onboarding app reduces bank customer onboarding time from up to 39 days to just minutes.
  • Interactive digital documents enable real-time generation, review, modification, and signature on any device.
  • Banks can accelerate conversion, cross-sell opportunities, and revenue via dynamic, compliant mobile interactions.

References

Frequently Asked Questions

What problem does GMC’s Mobile Onboarding solve?
It replaces slow, paper-based onboarding (14–39 days) with real-time mobile digital document creation, review, signature, and approval—reducing drop-outs and speeding conversion.
How does the solution work?
Agents generate interactive policy documents on the spot, customers review and sign them via any mobile device, enabling immediate approval and return.
What business benefits do banks gain?
Faster onboarding, higher customer conversion, reduced drop-out rates, and increased cross-selling/upselling, with expected 30% growth being achievable.
Is the application device-agnostic and compliant?
Yes. Built on GMC Inspire, the tool works across phones, tablets, and PCs, with secure, country‑specific compliance.

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