Delivering Operational Excellence for Educational Institutions Using Digital Signatures For the last one and a half years, most educational institutes worldwide have been operating remotely due to the coronavirus pandemic

1. E-Signature Uses for the Education Industry
Delivering Operational Excellence for Educational
Institutions Using Digital Signatures - DrySign by Exela
For the last one and a half years, most educational institutes worldwide have
been operating remotely due to the coronavirus pandemic. This event,
inadvertently, also managed to test the limits of the education system in each
country. It revealed operational difficulties and exposed cracks in the system. One
of the primary reasons this happened was the hesitancy of academic institutions
to streamline and modernize their administrative functions like finance, HR, and
facilities. The direct result of this hesitation was failure.
Failure to grow, failure to operate efficiently, and failure to maintain reputation
in the market.
Faculty recruitment is an excellent example of this problem. Most educational
institutes have a problem hiring and retaining their hardworking educators. If this
problem is deeply researched, it is more than evident that the “administrative
burden” is one of the most significant deal breakers for faculty members. Either
they don’t join after getting an idea of this burden or leave once they fully
understand it. Therefore, entering a different institution where the
administrative burden is much lower makes complete sense because these
administrative procedures have proven to be one of the top 5 contributors of
stress in faculties worldwide.
This could also be a primary driver for “summer melt,” where students stop
attending schools and colleges after the summer break. Confusing and lengthy
administrative procedures could overwhelm students and their parents, forcing

2. E-Signature Uses for the Education Industry
them to look for other alternatives. This directly impacts the educational
institute, costing them hundreds of thousands of dollars in lost tuition revenue.
Ancient administrative practices can also hurt educational institutions
unexpectedly. Financial fraud is a strong possibility in such institutions due to
ineffective administrative policy enforcement, neither any accountability nor
responsibility. This forces a lot of vital data or financial information to be pushed
out in the “gray area.” Grants getting lost; student fees getting misplaced –
incidents like these encourage financial fraud. Ultimately, this could lead to
adverse press reports that could damage reputation permanently, or even worse,
shut down the institute.
Also Read: Tips for businesses embracing eSignature solutions in 2023
GETTING STARTED IN THE RIGHT DIRECTION
 Ask for honest feedback from administrative employees
 Identify bottlenecks and pain points
 Reimagine and redesign the process
 Assess the cost to modernize all administrative procedures
 Start with the most crucial administrative procedure, and work down from
there
 Gather feedback
HOW DRYSIGN HELPS DRIVE OPERATION EXCELLENCY
 Efficient functionality – legal, secure, ready-to-use digital signature &
document storage solution
 Zero offline workflow – access all your administrative files in just a few clicks
 Robust security – world-class encryption on all files, safe from theft or loss
 Paperless solution – save time and money on printing and physical storage
costs
 Quick & convenient workflow – sign administrative forms from anywhere,
anytime

3. E-Signature Uses for the Education Industry
 Improved student/faculty satisfaction – administrative burden lowered
substantially
 Fraud protection – comprehensive audit trails of all documents; safely
backed up on the cloud
 Smart dashboard – powerful, actionable insights at a glance; easier decision
making
 Group sign – the same document can be authentically signed by more than
two people
 Real-time notifications – set up reminders and receive real-time
notifications; stay updated
 Seamless integration – 1-click integration with Salesforce, Google Drive,
OneDrive, Dropbox
 Remote-work proof – enables quick and efficient collaboration from
anywhere, anytime
Sources: mckinsey.com
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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