SAN
FRANCISCO, May 14, 2024 /PRNewswire/ -- StandardC,
the leading provider of fully integrated onboarding, due diligence,
and monitoring software solutions, today announced the launch of
its groundbreaking Virtual Site Visit module, redefining the way
financial institutions conduct in-person site inspections. This
innovative software allows companies to inspect facilities and
operations remotely, saving time while reducing travel costs.
StandardC's Virtual Site Visit module streamlines remote audits
across geographically dispersed customers and locations.
Historically, bankers have endured grueling travel schedules and
expenses to physically inspect businesses to meet due diligence and
underwriting requirements. Post-visit, mountains of data awaited
that had to be manually aggregated, reviewed, approved, scanned,
and filed in a labyrinth of physical and digital folders.
While site visits are often time-consuming, expensive, and
geographically restrictive, StandardC's Virtual Site Visit module
eliminates these barriers, offering a:
- Integrated Module: StandardC has integrated the Virtual
Site Visit mobile app into its Unified Customer Management
platform, allowing staff to manage, schedule, and track new and
existing site visit requests.
- Pay-per-use: Pricing for the Virtual Site Visit is
available as a pay-per-use module for new and existing StandardC
clients.
- Immersive Customer Experience: Empowers a financial
institution's customers to remotely share images and answer dynamic
questions within a Virtual Site Visit mobile application.
- Dynamic Compliance & Verification: Seamlessly review
verified data, annotate on-screen elements, and log observations to
facilitate customer due diligence and commercial underwriting and
expedite business onboarding and approvals.
Robert Baron, a seasoned banker,
Certified Anti-Money Laundering Specialist (CAMS), and cannabis
banking expert said, "The era of in-person, paper-fueled site
visits is over. StandardC has completely reimagined site visits,
leveraging cutting-edge technology to create a dynamic Virtual Site
Visit module. This innovation will transform how bankers do
business, reducing site visit costs by about 90% while increasing
turnaround time to hours instead of days."
About StandardC:
StandardC is the leading provider of fully integrated
onboarding, KYC, compliance, due diligence, and ongoing monitoring
software modules, empowering financial institutions to deliver
exceptional experiences while meeting complex regulatory
requirements of cannabis banking, business due diligence,
underwriting, and ongoing monitoring.
Experience the future of site visits with StandardC's Virtual
Site Visit module. For more information, visit
www.standardc.io
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SOURCE StandardC