Getting a contract signed manually is expensive, inefficient and lengthens revenue cycles — resulting in thousands or even millions of dollars in lost revenue. Other pain points include waiting on payments, filing and storage issues, and lack of line of sight between sales and operations.
Faxing has become an archaic practice (and is usually inefficient, resulting in multiple faxes of the same document). Being able to sign and email contracts is more user-friendly and provides electronic line of sight into business processes — increasingly important to a mobile workforce.
eSignature technology helps to address these pain points — it’s easy for end-users to adopt, doesn’t require IT resources to get it installed onto devices, is secure and can demonstrate a return-on-investment for the organization.
So what exactly is eSignature? [Read more...]