Case Study: Automate the New Account Opening Process
Posted by Melanie Aizer on Wed, Jan 19, 2011 @ 11:20 AM
Improve Your Operating Margins by Automating the Account Opening Process
Signing up a new client or processing a client renewal can often be a paper-intensive, expensive and time-consuming process.
Some of the paper-process inefficiencies include:
- Sales people chasing paperwork instead of driving revenue
- Lack of visibility into "in-flight" agreements
- Expensive shipping costs
- Significant labor costs for data error-checking and correcting
- Re-keying information from completed contracts into internal or external back-office systems
- Delays in time-to-revenue due to lengthy processes
- Poor customer experience
Agreement Express solves these business problems by fully automating the customer on-boarding process, from contract publication to completion, through to automatically storing completed contracts into back-office systems.
Questrade Inc. Canada’s fastest-growing online brokerage doubled productivity and reduced operating costs by 50% by automating the new accounting opening process with Agreement Express
DOWNLOAD THE CASE STUDY HERE and learn how Questrade:
• Increased revenue, as result of doubling number of new account openings
• Reduced operational costs of salary expenses by 50%
• Experienced a 30% abandonment rate reduction with increased efficiencies in account-opening process
