Embracing the use of online forms can bring a multitude of benefits to the finance industry. It has so many use cases from, collecting client data, conducting surveys, ask for payments, and applications. Online forms can help reduce the workload of finance professionals, eliminate the need for paperwork, and improve data accuracy. With MakeForms, your finance department or finance firm can easily create customised online forms and share them with their clients or employees, saving time and effort.

By using online forms, you can streamline processes, reduce errors, and increase data accuracy. MakeForms also offers the ability to use conditional logic and workflows to tailor the form’s questions to the user’s responses, making the form more personalised and user-friendly.

Online forms are particularly useful when working remotely or in situations where paperwork is not practical. These forms can be shared via email, social media, or embedded on the company’s website, making it accessible to anyone with an internet connection. MakeForms allows the Finance industry to customise their form’s branding, domain mapping, and access control, making it more secure.

7 Best Practices for Crafting Highly Effective Online Forms in the Finance Sector through MakeForms:

Keep it simple

Keep the form simple and easy to understand to reduce the user’s cognitive load and minimise errors.

Ask relevant questions

Use conditional logic and workflows to tailor the questions based on the user’s responses and make the form more personalised.

Align your branding

Use custom branding and domain mapping to make the form more professional and trustworthy.

Prioritize Security

Add captcha and password protection to ensure the form’s security and prevent spam submissions.

Protect your Data

Use sensitive data fields and data encryption to protect sensitive data and ensure regulatory compliance.

Leverage analytics

Use analytics and pixel tracking to gather insights into user behaviour and optimise the form’s performance.

Use a variety of response types

Use multiple response options to allow users to save and continue later, reducing form abandonment and improving user experience.

By following these tips, you can create an online form that is user-friendly, professional, and effective in capturing data.

The types of questions to consider including in a Finance form 

  • Personal information: Name, email address, phone number, and home address.
  • Financial situation: Ask about their income, assets, debts, and expenses.
  • Investment goals: Ask about their short-term and long-term investment goals, risk tolerance, and investment experience.
  • Investment preferences: Ask about their preferred investment types, such as stocks, bonds, mutual funds, or real estate.
  • Banking information: Ask about their banking relationship, including the bank they use and the type of accounts they hold.
  • Retirement planning: Ask about their retirement goals and if they have any existing retirement accounts.
  • Tax information: Ask about their tax situation, including filing status and potential tax liabilities.
  • Insurance needs: Ask about their insurance needs, including life insurance, health insurance, and long-term care insurance.

Types of Forms used in the Finance Industry

Loan Application

Enable users to provide required documentation when applying for loans online. saves time for the bank and its consumers.

Credit Card Application

Provide consumers with the option to apply for credit cards online, saving the bank time when processing applications.

Account Opening

Give users the option to open new accounts online, doing away with the requirement for paper applications.

Customer Feedback

Aid financial companies in better understanding client wants and service delivery.

Insurance Claims

Enable clients to submit insurance claims online, which makes the process simpler and quicker for both the customer and the insurer.

Expense Reimbursement

Enable employees to file expense claims online, improving efficiency and lowering the possibility of mistakes.

Payroll Deduction

Give employees the option to approve payroll deductions for a variety of reasons, including taxes, retirement savings, and charitable contributions.

Vendor Payment

Allow businesses to pay suppliers electronically, doing away with the need for paper checks.


Enable people to track their expenditures and make budgets online, which will help them manage their money more skillfully.

Financial Planning

Enable individuals to create and track their financial goals, such as saving for retirement or a down payment on a house.

Tax Filing

Enable people to file their taxes online, speeding up and streamlining the procedure.

Investment Management

Enable people to manage and keep track of their financial portfolios online.

Stock Purchase Plan

Give employees the option to buy business stock using payroll deductions or other means.

Estate Planning

Allow people to form and manage their estate plans, such as wills, trusts, and powers of attorney, online.

Identity Verification

Enable financial organisations to comply with regulatory requirements and confirm the identification of their consumers.

Risk Assessment

Enable financial institutions to evaluate and control the risk associated with their goods and services.

Compliance Reporting

Provide the resources financial institutions need to report on their adherence to regulatory standards.

KYC (Know Your Customer)

Permit financial organisations to implement anti-money laundering rules and confirm the identity of consumers.


Aid in the detection and prevention of fraud for financial organisations.

Internal Audit

Enable financial institutions to carry out internal audits of their compliance with the law and operational requirements.

Browse free templates here

Make precise evaluations
with MakeForms!