Case Study: Kingspan achieves faster customer onboarding with Mondu’s Digital Trade Account

Kingspan cuts onboarding from 9 days to 9 minutes with Mondu

Kingspan, a global leader in building materials, faced inefficiencies in its customer credit approval process that led to lost sales. To meet the growing demand for flexible B2B payment options and accelerate its digital sales strategy, Kingspan partnered with Mondu to implement its Digital Trade Account.

Mondu's solution provided real-time credit checks and approvals, reducing the customer onboarding time from 9 days to under 9 minutes. This resulted in a 91% approval rate and gave new customers an average spending power of £12,000. The partnership with Mondu helped Kingspan significantly increase its average order value and acquire new customers by transforming a lengthy manual process into a seamless digital experience.

Kingspan