If you thought the new e-signature services for IBM LotusLive simply replaces a ball-point pen with an electronic pen, think again. Electronic signatures have come a long way over the years. And the e-SignLive services for LotusLive are the culmination of Silanis nearly 20 years of technical innovation aimed at eliminating both the before AND after problems of getting people’s signatures in documents.
Signing isn’t the end of a business process.
Most of us think of a signed document as the end-result of a business process or decision that enables us have or do something. We sign documents to make an offer to purchase a home, start working at a company, buy insurance, make a business decision, and so many other things. So we normally think of the delays, costs and inefficiencies associated with getting documents delivered, signed and returned by people (and chasing after them if they’re late). But once signed documents are returned, a QA process is triggered.
Correcting signed documents adds more delays and costs.
As legal records, signed documents have to be verified to ensure that people have initialled and signed in all the right places. Otherwise they aren’t valid and they put both the organization and signers at risk. If there is even a single error, the documents then must be returned to individuals for correction, and the whole cycle starts all over again. The impact on business can be significant.
In insurance, for example, between 50% and 70% of new customer applications are returned to carriers not-in-good-order. 50 t0 70%! This ‘stare and compare’ method of verifying documents adds weeks more to the cycle time and makes the applications 4 to 5 times more expensive to process.
Keeping the signing process electronic from start to finish.
e-SignLive for LotusLive cuts through the paper chase, literally. This electronic signature service makes it faster and easier to get people’s signatures in documents by keeping the process electronic from start to finish. Rather than shipping documents out to people for signing, you simply invite them into the IBM LotusLive online business collaboration and social networking environment where they can instantly view, sign and return documents electronically.
What’s more, e-SignLive better guides people through a document review and signing process so less mistakes are made in the first place. In fact, it’s impossible for people to sign or initial in the wrong places, so you don’t have to chase after people to have the documents corrected and re-signed!
Register a free 30-day trial of e-SignLive today.
Discover just how easy it is to sign documents electronically in the cloud by registering for a free 30-day trial of e-SignLive for LotusLive. Don’t worry. You don’t have to commit in any way once the trial period is over (But I’m hoping that you love it so much that you e-sign on.) You can also watch this short video that demonstrates how to prepare documents for e-signing within LotusLive and then ‘click-to-sign’ using nothing more than your mouse.
Need to automate high-volume transactions?
If you’re looking for an enterprise e-signature solution to automate thousands of repeatable transactions, Silanis and IBM have a solution for you. Click here for more information.
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