Know Your Customer (KYC) Automation

///Know Your Customer (KYC) Automation

Know Your Customer (KYC) Automation

KYC, or “know your customers”, forms have been dated and been popular to all industries especially Financial Services. A typical form built in to capture most crucial information about the customer or the prospects in order to serve them better.

But over the years this process has been daunted with the fact that it still is a paper-based service in most of the industries.

With the advancement of technology, this piece of connecting with the customer must also to be automated to ensure a healthy connect.

Let’s look at some of the way’s automation will benefit the KYC Process.

1. Better way to collect infoCustomer_Info_Collection_NameDropApp_25March2019 – Automated ways ensure collection of customer data in least manual efforts and also makes sure the errors and typos are gone, ensuring clean data managed by the business.



2. Healthier connect with the customerHappy_Customer_NameDropApp_25March2019 – Automated KYC makes customer feel privileged and less daunted about cumbersome process. Hence the business can connect with customer on a healthy note and make it a long-lasting relationship. As rightly said repeat business is more important.


3. Feedback’s & query can be resolved in the same systemFeedback_Customer_NameDropApp_25March2019 – Feedback collection or query resolvance can be done in the same system, with customer having the upper hand to control things and search what he wants.



4. Sales team becomes more efficientSales_team_Automation_NameDropApp_25March2019 – With automation, sales team don’t have worry about collecting their customer data anymore. With this they can better serve more customers and hence increases their efficiency.



Our Take on this

Engage with your prospects, client’s data in better automated paperless ways to ensure they feel connected without having to worry about tireless exchange of information.

NameDrop can help

NameDrop is driven by “enhancing your customer experience”.

NameDrop is here to revolutionize how people can “securely” share information with any form of businesses or fill forms at the click of a button. We are the primary way in which businesses and people share structured data.

Being one of the early GDPR-compliant services, our mission is to provide an easy, fast & secure platform for sharing information between people & enterprise systems.


NameDrop’s automated data collection solutions make it easier
for any industry to securely capture & share information.

Want to see how NameDrop works?

Schedule a demo
2019-05-02T14:12:35+00:00March 25th, 2019|Automation|0 Comments