Montreal, QC, October 21, 2009 - Silanis Technology, the leader in electronic signatures
, today announced that the General Services Administration (GSA) has upgraded to version 3.0 of ApproveIt Web Server – Silanis’ e-signature process management solution. This version provides the GSA with new features for executing business agreements electronically with partners and suppliers, while ensuring a highly flexible and scalable, enterprise solution.
As the federal government’s central procurement agency, the GSA is committed to improving government effectiveness and efficiency and providing the best value for agencies and taxpayers. The GSA first began using ApproveIt Web Server in 2004 as part of their eOffer and eMod platform – an initiative aimed at streamlining contracting processes with its 13,000 suppliers each year. By enabling suppliers to fill out, sign, and return contracts electronically over the Web, the GSA has seen the time to process new contracts drop from over a 140 days to just a few weeks. The time to make changes to existing supplier contracts has gone from days to minutes.
Version 3.0 of ApproveIt Web Server will enable the GSA to process contracts electronically with greater control and transparency. The solution goes beyond simple e-signing to execute business agreements electronically, while enforcing legal and regulatory compliance requirements. The solution also produces stronger auditing capabilities than with paper by recording the entire e-signing process, including all Web pages that were viewed, documents that were signed and any other action taken by suppliers.
Moreover, the solution provides the GSA the flexibility to scale electronic signatures across their enterprise as their future requirements evolve. ApproveIt Web Server 3.0 provides a single platform and framework that can be easily customized for any business process requiring electronic signatures and ported to any customer-facing channel.
Silanis Technology is the leading provider of e-signature process management solutions. The world’s leading insurance and financial services companies, major government agencies, integrators and service providers depend on Silanis to accelerate business transactions and reduce costs while improving compliance with legal and regulatory requirements. The company’s electronic signature platform, ApproveIt®, is an enterprise-class e-signature process management solution that transforms paper-based business transactions to all-electronic, Web-based processes for e-commerce and e-government.