Business Problem Overview
Digital onboarding is a crucial part of the customer journey, and any drop-offs in the process can result in a loss of potential customers. To avoid this, organizations must proactively investigate why drop-offs occur and take immediate action to improve the process. By doing so, they can create a smooth and seamless onboarding experience that keeps customers engaged and satisfied.
Pain-points
Feedback and interaction data usually do not reside in the same systems.
The current tool is capable of displaying funnels for a single channel, but it does not support cross-channel analysis.
Lack of diagnosis analysis to understand and identify the root cause for drop-off.
Business Solution
Centralize all feedback and interaction data.
Create comprehensive diagnostic analysis on the whole onboarding process, highlighting possible likely root causes for drop off.
The analysis will adapt to evolving onboarding process.
Business value
Better customer experience.
Increase customer acquisition rates.
Increased chance of customer reactivation.
Industry:
Retail, Financial Services