Streamline success with automated corporate onboarding

Business challenges

Corporate onboarding is plagued by inefficiencies stemming from document-related errors, with 48% of banks reporting customer losses due to such issues.¹ Manual processes, redundant steps, and siloed data slow down verification, delay account openings, and frustrate clients. These challenges not only jeopardize customer satisfaction with long onboarding times but also increase compliance risks in a heavily regulated industry. For organizations to remain competitive, they must streamline onboarding by adopting automated solutions that reduce errors, unify fragmented workflows, and ensure regulatory compliance. A seamless and efficient onboarding process not only enhances customer retention but also drives operational excellence and builds lasting trust.

Impact

Managing onboarding in corporate banking and financial services institutions means tackling large volumes of unstructured data scattered across systems. Manual processes and disjointed workflows cause delays, errors, and non-compliance with strict regulations. These inefficiencies can lead to customer loss, hefty fines, and reputational damage. Streamlining workflows with automation is essential to improve accuracy, ensure compliance, and protect an institution’s reputation while building long-term customer trust.

What if you could

Streamline commercial onboarding and reduce risk by accelerating document collection and verification of a company’s identity, ownership, and legitimacy. What if you could automate and digitize the onboarding process, allowing your organization to:

• Streamline data management by transforming unstructured information into organized, actionable insights in a single platform, ensuring faster and more accurate decisions.
• Eliminate inefficiencies and reduce manual errors with AI-powered workflows to automate document verification and identity checks, cutting delays and errors while reducing operational costs.
• Reinforce compliance with built-in audit trails and robust regulatory safeguards, minimizing risks and ensuring peace of mind.
• Enhance customer satisfaction by delivering seamless onboarding experiences that are faster, simpler, and more reliable, building trust and loyalty.

Achieve operational excellence and elevate customer experiences with intelligent, automated Iron Mountain Corporate Onboarding.

¹ The Financial Brand, The Onboarding and KYC Mistakes Costing You Customers, April 22, 2025