Power-up your Business with Digital Signatures

 In cognizance of the current times and the ever-changing market dynamics, businesses these days are looking for innovative ways to streamline their overall functioning and automate their workflows. With digital transformation on the rise, more and more businesses are moving to the cloud and embracing online, paperless solutions like digital signatures. According to a study, 95% of organizations have already started adopting digital signatures or plan to use electronic signature technology in the near future.

Digital signature solutions are not only cost-effective and efficient, but are also sustainable and environment-friendly, helping offices minimize waste and reduce their footprint.

We recommend you quickly read through the following few benefits to understand how digital signatures can power up your business and drive agility, improving overall business efficiency:

Low Costs — Traditional, paper-based processes take up a huge chunk of operational budgets. They drain business productivity and profits, owing to tedious, time-consuming workflows. Moreover, paper processing costs associated with printing, scanning, shipping, and storage can pile up over time, costing businesses a small fortune. Examining the facts and figures, the hidden costs of managing paper can be as expensive as 30 times the cost of paper. Businesses can quickly see the impact on their operational budgets by calculating the costs of paper folders, ink, staples, printers, cabinets, shredding or disposing of, etc. By adopting electronic signature solutions, businesses can save unnecessary costs and countless hours of time and labor.

According to a study, businesses can save around $1 Billion by reducing paper usage from their daily processes and shifting to paperless solutions like digital signatures!

Custom business workflows — Businesses can fundamentally transform their workflows by implementing digital signature solutions. E-signature solutions redefine document signing workflows, letting your employees focus on core tasks like closing deals, generating leads, or managing your sales funnel. Also, they automate manual tasks, thus eliminating bottlenecks and reducing human errors in the signing process. Moreover, businesses can easily integrate digital signature solutions with their existing processes, helping them customize their workflows to best suit their business needs.

Flexibility — More flexibility at the workplace allows employees to scale up their efficiency and productivity. E-signature solutions provide a seamless online signing experience for all parties involved, including employees, management, associated vendors, business partners, etc. Moreover, Digital signatures can be accessed anywhere, anytime, via any internet-enabled device, giving businesses the ultimate flexible solution for remote working conditions. In addition, digital signatures give users the power to store and retrieve documents via the cloud, thereby boosting overall business productivity.

Enhanced security in document transfers — Digital signature solutions come with enhanced document tracking features, including robust audit trails and timestamps. An audit trail is a digital log that allows businesses to track, record, and log all events like when and where the document was signed and by whom. In addition, audit trails eliminate manual processes, freeing businesses from creating manual paper trails every time. As a result, implementing a digital signature solution in your business reduces the chances of forgery, and detailed audit trail logs prevent potential legal disputes from arising.

Reduced carbon footprint — Here are some facts that’ll give you an insight into the real costs involved in paper-based processes:

  • Approx. 30 million acres of forest are destroyed each year.
  • Around 10 liters of water is required for making an A4-sized paper sheet.
  • The paper industry uses around 4% of the energy in the world. Which means about 253 gallons of petrol are used to produce 1 ton of paper globally.

As alarming as these numbers may sound, it’s still not too late! There’s still time to transform your business with a simple yet effective e-signature solution. Businesses can significantly reduce paper-based processes in their day-to-day operations by embracing digital signature technology. Tasks such as signing deals with clients, daily administration tasks, sending documents electronically for the signing, etc., can be performed within minutes — without impacting the environment and our ecosystem.

Conclusion-

As explained in the above points, there are several ways an e-signature solution can boost your efficiency, ensure an added layer of document security, and drive business growth.

DrySign is an e-signature solution designed to help users sign, send, or share documents anywhere, anytime, from any device. All you need is an internet connection! In addition, by offering cloud storage, DrySign eliminates the need for businesses to store and archive documents physically, thus helping them save on infrastructure and storage-related costs.

So, what are you waiting for? Make the right switch today by choosing DrySign as your end-to-end digital signing partner.

Learn more about DrySign here: https://www.exela.digital/tgd

DISCLAIMER: The information on this site is for general information purposes only and is not intended to serve as legal advice. Laws governing the subject matter may change quickly, and Exela cannot guarantee that all the information on this site is current or correct. Should you have specific legal questions about any of the information on this site, you should consult with a licensed attorney in your area.

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