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How to Improve Productivity with E-Signatures

Mary Ellen Power, March 29, 2013
How to improve productivity

According to the study unloved by working basketball fans everywhere, global outplacement firm estimates that March Madness will cost American companies at least $134 million in "lost wages" as an estimated 3.0 million employees spend one to three hours following the basketball games instead of working.

Companies looking how to improve productivity are scoping out the same technologies that enable the world to connect around the NCAA basketball tournament to adjust for and increase productivity in other ways. Technologies like on premise, cloud and Software as a Service (SaaS) e-signature solutions eliminate manual, paper-based processing to enable business transactions to be executed fully electronically from start to finish.

E-signatures actually allow businesses to cut expenses and increase the potential for profitability and productivity. Lost hours can be cancelled out because documents can be turned around in minutes instead of days. A slam dunk in the way of the swift collection of signatures is one of the most commonly noted ways to increase productivity. Another benefit of a well-designed electronic signature solution is the ability to save and share templates across the enterprise.

Electronic Signature

The Beginner's Guide to Electronic Signatures

This comprehensive, 31-page beginner’s guide to electronic signatures introduces important legal concepts and key considerations when creating digital business processes with e-signatures.  

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How to improve productivity? Whether using a signature template or document template, implementing an electronic signatures solution with template capabilities significantly reduces repetitive tasks associated with digital documents. What used to take the same time as a basketball game gets done during a time-out. The same benefits can be won by customers as well as businesses. Documents are delivered, e-signed and returned even faster. E-signatures can be securely added to documentation on any mobile device, whether watching the game at home, at work or even inside the stadium.

Finally, and perhaps most important, is peace of mind. With the right e-signature solution, electronic signatures signed while watching the basketball court will stand up in a court of law because it properly captures intent and consent and deliver secure, tamper-evident proof for the signature. The best e-signature solutions on the market use secure encryption technologies to embed the electronic signature. They also include detailed audit trail information within the document, which exposes changes or tampering.

Long after the National Title is won and employees return to the work at hand, e-signature technology makes for a winning play. To name yourself MVP of the office, sign up for a free trial now.