- Case study
How RollingFunds Simplified Chausson Matériaux’s Client Onboarding with its KYB solution
Context
Chausson Matériaux, a major player in the construction materials distribution sector, wanted to modernize and secure its entire B2B client onboarding process. The main objective was to simplify the onboarding of small and medium-sized business clients while automating checks to enhance the reliability of collected information and effectively prevent fraud.
Challenges before RollingFunds:
Before working with RollingFunds, Chausson Matériaux faced several challenges:
- Partial and insecure client onboarding: The onboarding process was limited to a simple, manual, and static verification of the company, including checks for collective procedures or deregistrations, exposing Chausson Matériaux to significant financial risks.
- Complex fraud prevention: Executive verification was minimal or manually performed with tedious online comparisons, slowing down the onboarding process and increasing the risk of errors.
- Lack of automation: The manual process provided no automatic reporting of critical information, limiting responsiveness to emerging risks.
The Solution: RollingFunds KYB Offering
RollingFunds implemented a comprehensive, automated KYB solution , fully integrated (via API) into Chausson Matériaux’s client journey.
Key Improvements Provided by RollingFunds:
- Automatic and reliable company data retrieval: Instant collection of official company data, with immediate identification of any ongoing collective procedures or deregistrations at onboarding, ensuring informed decision-making from the start.
- Enhanced fraud prevention at onboarding: A thorough verification of executives’ identities is performed through an automated ID check, which compares information extracted from identity documents via OCR with the official data of the company director. This process is complemented by a verification of company bank details (RIB), ensuring complete and secure authentication of each business before determining the payment methods they can access.
- Seamless API integration with Chausson Matériaux’s environment: As soon as the client completes their registration form, the information is automatically transmitted and checked in real time by RollingFunds. This process ensures instant verification, immediate eligibility assessment, and direct delivery of results to Chausson Matériaux’ back office, enabling fast, reliable, and fully integrated decision-making.
Conclusion
With RollingFunds’ expertise, Chausson Matériaux has made a decisive leap in digitalizing and securing its B2B client onboarding process. Integrating an automated, API-enabled KYB solution has not only strengthened fraud prevention and improved client profile analysis but also significantly accelerated onboarding times while ensuring regulatory compliance.
The result: better risk management, a seamless customer experience, and increased productivity for the teams.
Key Results:
- 99% accuracy of company information: Instant and automated collection of official data, enabling immediate identification of insolvency proceedings or deregistrations for reliable decision-making from the very first interaction.
- 5x faster client experience: Smooth, digitalized journey, increasing satisfaction and trust among SME clients.
- 72% productivity gain: Automation allows Chausson Matériaux to process more requests in less time while ensuring data reliability and regulatory compliance from the outset.
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