Final Answer:
nCino considers beneficiaries as customers because it aligns with their customer-centric approach, focusing on delivering comprehensive financial solutions to all stakeholders, including beneficiaries.
The statement is True.
Step-by-step explanation:
Customer-Centric Approach: nCino adopts a customer-centric philosophy, viewing all parties involved in financial transactions as customers. This approach aims to enhance the overall customer experience, ensuring that not only direct clients but also beneficiaries receive optimal service.
Comprehensive Financial Solutions: Treating beneficiaries as customers reflects nCino's commitment to providing holistic financial solutions. By recognizing beneficiaries in this manner, nCino ensures that its services extend beyond initial clients to cover the entire ecosystem of individuals impacted by financial transactions.
Alignment with Industry Trends: Modern financial institutions increasingly recognize the interconnectedness of customers and beneficiaries. nCino's strategy aligns with this industry trend, acknowledging that the distinction between customers and beneficiaries is not rigid but part of a broader network of relationships.
The correct answer is true.