Digital Signature Blog

Steps to going paperless with digital signatures

Written by Anissa Wardell | 8/7/10 10:27 AM

Given the advantages of a paperless office, why is society not yet there?

The answer is deceptively simple: There is no substitute on the market today that is as portable, durable, simple, and accessible as paper for every aspect of a businesses functions. In fact, contrary to the Center for Energy and Climate Solutions’ study, the consumption of paper per capita in the United States has grown 43% since 1980, according to the American Forest and Paper Association. This works out to about 2 pounds of paper per person per day (Hilgen, 2000).

The transformation to paperless is not a painless undertaking. It requires carefully thought out implementation schedules from management and unbridled commitment from the entire organization. Paper is a medium which everyone can use and to which everyone has access. Why transform a business into using a medium of information exchange that is not comfortable to everyone? Another contributor to the slow transformation to the paperless office is the lack of standardization, particularly in relation to electronic-based office forms as well as digital signature solutions.

Business communications, documents and forms work well with digital signatures and flow simply eliminating the need for paper documents.

A 3-STEP PROCESS For Digital Signature Solutions

Step # 1 : Document creation, collaboration and revision.
Step # 2 : Document circulation, approval and execution.
Step # 3 : Document archive and retrieval.

Standard e-signature solutions have, until now, focused on low risk transactions and low volume applications. SIGNiX SIGNOLOGY is the next-generation solution that delivers significant value to companies by allowing business critical applications involving important legal and financial transactions to be digitally signed as part of a fully automated electronic process.