A Top 10 North American Bank Rolls Out eSignLive E-Signatures for Wealth Management
By implementing an enterprise e-signature solution that enforces business rules and workflows to ensure that documents cannot be submitted for processing if they are missing data or signatures, this bank expects an overall reduction of 75 percent in error processing rates. This will lead to significant cost savings, while also increasing revenue. In addition, sales representatives can now complete the sale correctly in the first meeting, capturing revenue faster and preventing customer abandonment.
“Customer experience initiatives are a top priority for banks as they try to make their processes more efficient. E-signatures are seen as a solution because they provide greater control over how transactions are executed,” said Tommy Petrogiannis, Silanis CEO and co-founder. “In fact, enterprise e-signatures go far beyond simply capturing an electronic signature and dropping it into an electronic document. By automating and enforcing business, legal and regulatory requirements, and by managing the transaction from start to finish, Silanis’ enterprise solution ensures documents are completed correctly the first time around.”This bank will roll out Silanis e-Sign Enterprise nationally by end of year, after which they anticipate expanding e-signatures to other areas of the business. About Silanis Silanis is the most widely used e-signature solution in the world, responsible for processing over 600 million documents annually. Since the company was founded in 1992, our solutions have strengthened the business processes of thousands of organizations, including four of the top North American banks, eight of the top 15 insurance companies and the entire US Army, among others. Companies and government organizations around the globe depend on Silanis to accelerate business transactions, improve customer experience and reduce costs while improving compliance with legal and regulatory requirements. Silanis’ on-premise, cloud and SaaS e-signature solutions eliminate manual, paper-based processing and enable e-commerce and e-government transactions to be electronically executed from start to finish.