To start, sauté the onions until fragrant and translucent. Then, add in the Rotel tomatoes, black beans and corn.
Pour the chicken broth into the pot. Next, add in both the ranch and taco seasoning packets. Add in the shredded chicken as well.
Cover the pot and allow it to simmer on low for 25 minutes for all the flavors to come together.
When the time is up, turn off the heat then stir in the Velveeta cheese until melted. Lastly, allow it to cool a bit before serving.