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Electronic Signatures Key Benefits

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Electronic Signatures Key Benefits

  1. 1. Electronic Signatures White Paper How can the implementation of effective eSignatures solutions drive productivity and business effectiveness? Stop printing, faxing, shipping and shredding. Save money, time and trees by using our digital signature technology. ROI within 12 months. Electronic signature solution drive productivity and effectiveness by reducing operational & back office overhead, as when business processes become paper-free, the need to perform paper-related tasks such as printing, scanning, faxing and shredding is eliminated. In addition, all documents are available to the back office systems for real- time decision making and immediate electronic archiving, eliminating document loss, duplication or missing signatures. These solutions also increase security and reduce fraud because once the document is signed electronically, the integrity of the content and authenticity of the signer are guaranteed. When considering the operational overhead of paper-based processes, the cost of each document becomes fairly high. Key Benefits As Easy as Signing on Paper – signing an electronic document with xyzmo SIGNificant’s solutions is as easy as a pen-and paper signature. Reducing operational & back office overhead - there is no need to perform paper-related tasks such as printing, scanning, faxing and shredding as the business processes become paper-free. In addition, all documents are available to the back office systems for real-time decision making and for immediate
  2. 2. Electronic Signatures White Paper electronic archiving, eliminating cases of document loss or duplication and missing signatures. Increasing security and reducing fraud - Once the document is signed electronically, security increases. The integrity of the content is guaranteed and if requested, enabling real-time dynamic verification of the handwritten signature against a pre-defined biometric profile. Doing more business by closing more deals faster - the electronic signature helps accelerating turnaround times by reducing customer waiting periods and avoiding searching for contracts or forms, while customers are waiting. Therefore more customers can be served by enabling a rapid and efficient workflow. Drive customer satisfaction and retention - by embedding a handwritten electronic signature solution, which requires no changes in customers’ habits. The customers continue to sign like they always did, but with a distinct advantage of an improved experience, thanks to reduced waiting times and the convenience of remote and secured document handling. Improved legal compliancy and limited liability - the electronic signature is added into the document the same way as signing a paper, but reduces the probability of document forgery, as any manipulation within the document will result in invaliding the signature. Increasing revenue by having more time available for up/cross selling - the usage of electronic signatures dramatically increases the efficiency of sales/consulting staffs and reduces processing times, leaving more time for up/cross selling. Workflow Efficiency - It’s much faster than to route a document through mail or courier. Provide Copies for All Parties – Once the agreement is signed, all parties receive a digital copy, which makes it much easier for them to refer to it later and file it on their computer. Protect Reputation – Organizations publish vast amounts of documents to the internet, but are now becoming increasingly concerned about what happens to those documents in the wild. It’s critical to reputations that documents are not modified to create a false or fraudulent impression of the organization.
  3. 3. Electronic Signatures White Paper About xyzmo SIGNificant Group xyzmo SIGNificant Group – www.xyzmo.com - is a leading provider of electronic and digital signature solutions, offering an exclusive product line that equips organizations with a smooth transition into a secured paperless environment, complying with e- signature legislation. Our signature solutions, including the digital stamp and the personal electronic and biometric signature, represent the basis for integrated digital processes. Xyzmo SIGNificant products are being used by leading companies in more than 10 countries and in various industries such as: telecommunications, banking, insurance, healthcare, pharmaceutical, manufacturing and others. Thanks to our signature solutions, signing and stamping remain as easy as ever, but are performed directly within the electronic document and can be integrated into any existing application or document workflow procedure.

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