BENEFITS OF THE SOLUTION :
Simplified Process
The submission process is simplified by the use of the Mobile app right from the point the sales manager approaches the agent to the point the agent has been finally on-boarded.
Cost Saving:
The solution will help in reducing the high cost incurred in the process of recruitment. The use of scanners, operations manpower, courier/recourier of documents etc. is a regular cost incurred by the company which can be significantly saved.
Data Accuracy:
The data recorded using this app helps in improving the data quality and accuracy compared to other methods as the agent verifies and confirms sitting face to face with the SM.
Time Saving:
The processing time of document submission can be drastically reduced with the use of this solution.
Almost realtime processing:
The data and documents is pushed instantaneously to the server resulting in faster processing.
Productivity Enhanced:
The productivity of the entire sales force is enhanced as the time consumed in the on-boarding process is significantly reduced.
Regulator Compliance:
The entire process is in compliance with IRDAI regulations effective 1st April 2015 with the Form IA being available in electronic format.
CFR Management:
The full version of this solution also offers CFR (Call for requirement) management process for better tracking and reduce multiple iterations.
Single Repository:
A single repository of all the agent information including all relevant documents till the point where the agent has been on-boarded with the insurer.
Document editing:
The Photo/Signature uploaded along with other documents can be edited (i.e cropped, edited, rotation etc.) in the system for quality enhancement of the image.
Rural Office Setup:
For enabling on-boarding process for remote locations/Non Branch sites.