Check Box to Create Account

All of my website users prefer to check out as guests which means I cannot store their details. I know on one likes to fill out the forms twice and so I enabled Guest check out so I don’t lose a sale!
The other day, I was using a website to make a purchase and I wanted to checkout as guest. After filling out my email address and shipping address and before clicking the next button, a message appeared asking if I want to store my data and create account, which I did.

I think this method makes so much sense as the user only fills out One form and the same data is used as shipping information and at the same time for creating account.

Does woocommerce offer something similar? How do I activate it?

Thanks in advance!