This is a guest post from Nexivo.
PAN (permanent account number), a unique identification number issued by the Indian government, is a critical piece of information for businesses conducting financial transactions. Authenticating PAN details is vital to prevent fraudulent identities and ensure legal compliance. Nexivo's PAN Details Retrieval for Zoho CRM is a powerful extension designed to automate and streamline this process.
Benefits of integrating PAN Details Retrieval with Zoho CRM
Efficient PAN validation: The extension allows businesses to verify and validate PAN details accurately and efficiently, eliminating fake and duplicate identities, and ensuring only genuine customers are onboarded.
Streamlined access to PAN information: The extension displays the PAN holder's name in a dedicated field within the leads or contacts module in Zoho CRM, making it easy to view and access. This feature eliminates the need for manual data entry and streamlines the workflow.
Automated validation: The extension offers an automatic validation feature, which validates PAN details without any manual intervention. This feature is particularly useful for businesses processing a high volume of transactions.
Manual validation option: For businesses that prefer manual validation, the extension also allows businesses to perform a manual check of the PAN details, ensuring that the information is accurate and up to date.
Applications of PAN Details Retrieval for Zoho CRM
Customer onboarding: The extension is an essential tool for businesses onboarding customers. By validating PAN details, businesses can ensure their customers are legitimate and comply with regulatory requirements.
Financial transactions: For businesses conducting financial transactions, the extension is invaluable. By verifying customer PAN details, businesses can prevent fraudulent identities and ensure smooth and efficient financial transactions.
Regulatory compliance: Businesses needing to comply with regulatory requirements can use the extension to ensure their customers' PAN details are accurate and up to date, helping businesses avoid legal and financial penalties for non-compliance.
Key features of PAN Details Retrieval for Zoho CRM:
Easy validation and retrieval of PAN details, either automatically or manually.
Elimination of fake and duplicate identities.
Validation of up to 1,000 validations per month and 20 validations for a trial version.
The integration of PAN Details Retrieval with Zoho CRM is a powerful tool for businesses needing to validate and retrieve PAN details. This extension offers many benefits, including accurate and efficient PAN validation, streamlined PAN information, and automatic and manual validation options. By using this extension, businesses can onboard customers quickly and efficiently, conduct financial transactions with confidence, and ensure compliance with regulatory requirements.