Digital signatures not only accelerate turnaround, but they can greatly reduce the cost of paper, postage, shipping and other resources. With the new proposed postage rate increases that go into effect in early 2011, its more than just saving paper its about saving money as well.
“Electronic invoices save time, money and trees,” says Jan Willem Breen, Director Marketing and Sales of TNT’s Express division. “But with Internet fraud on the rise, customers also ask for legally recognized techniques like digital signatures that authenticate the source of invoices and protect the documents’ integrity.”
Organizations typically see an immediate impact to utilizing digital signatures. Where contracts would once been sent to signer and visibility completely lost, using a digital signature process sales teams are able to extend visibility into a sale from lead all the way through the signing process. With this type of visibility it allows organizations to manage contracts through the signing process significantly increasing close rates. Many organizations also find that they are able to greatly reduce administrative tasks related to managing paper contracts as well as reduce the costs associated with mailing & postage.
These firms have repeatedly proven that using legally binding e-signatures can reduce costs, accelerate processes and eliminate paper processes. Cycle time for customers to electronically sign and return documents is significantly reduced, which increases client satisfaction. Business processes are streamlined, increasing efficiencies.
Digital signature solutions can: