Revolutionizing Client Onboarding with Forms Assembly

In today’s digital age, efficiency and precision are paramount when it comes to client onboarding — and one platform has come to stand out among the rest, Forms Assembly. A versatile platform designed to facilitate the creation and management of forms for a multitude of purposes, Forms Assembly enables wealth management firms to streamline and enhance their client onboarding process in robust and powerful ways. Best of all, the whole onboarding process can also be integrated with Salesforce and other CRMs.

Working with a firm like Mosaik helps ensure you get the most out of Forms Assembly. Why? Because we have so much experience helping advisors streamline their onboarding process, we can make the implementation process easy.

Here are the Top 7 ways that Forms Assembly can be used for client onboarding:

  1. Customized Client Information Gathering: Wealth management firms can create custom forms tailored to their specific client onboarding requirements. These forms can include fields to collect both personal and financial information from clients, such as contact information, financial goals, risk tolerance, investment preferences, and more.
  2. Integration with CRM and Back-End Systems: Forms assembly has the ability to integrate with customer relationship management (CRM) systems and other back-end databases used by firms. This integration can help ensure that client data captured during onboarding seamlessly flows into the firm’s systems, reducing data duplication and manual entry. It can also be presented back to the client, so they are not being asked for information they have already provided.
  3. Document Collection: Forms Assembly can be used to create forms that facilitate the collection of necessary documents from clients, such as identification documents, financial statements, tax documents, and any other paperwork required for compliance and regulatory purposes.
  4. Data Validation and Verification: The platform can include validation rules and data verification mechanisms to help ensure that the information provided by clients is accurate and complete, helping to minimize errors and reduce the need for manual data entry and correction.
  5. E-Signatures and Consent: Through Forms Assembly, firms can integrate e-signature capabilities, allowing clients to electronically sign documents and provide consent for various processes, including terms and conditions, disclosures, and agreements.
  6. Workflow Automation: Use the platform to set up automated workflows triggered by the completion of specific forms. For instance, once a client submits their onboarding form, the system can automatically generate tasks for internal teams, like compliance checks, account setup, and notifications to relevant personnel all within Salesforce.
  7. Client Portals: Some firms might integrate Forms Assembly with their client portals, allowing clients to access and complete onboarding forms through a secure, online interface.

By automating data collection, document management, and workflows through Forms Assembly, you can not only save time and resources but also reduce errors and improve the overall client experience. If you’re looking for a way to streamline your client onboarding process, Forms Assembly is a valuable solution to consider. By partnering with Mosaik, you can unlock the full potential of Forms Assembly and streamline your onboarding process effortlessly.