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E-Signatures: How to Save Your Company Time & Money

E-SIGNATURES HOW TO SAVE YOUR COMPANY TIME & MONEY Digital signatures account for 2% of all signatures. If the total number of The way we apply signatures is evolving. signatures was equal to the population of the United States, digital signatures would be represented by the population of Vermont. 2000 Now ESIGN Act passed, making Use of digital signatures digital signatures as legally has increased 48%-but binding as traditional they still only account for signatures in the US. 2% of all signatures. Signatures are essential and should be effortless, yet... STOP 58% 42% of organizations of business processes are consider signatures vital blocked by the need to to doing business. collect a physical signature. Time is Money. Your Money. A $19,732 The amount information workers spend annually to create, search for, sign and approve documents. That's enough to... Buy a shiny Mini Cooper. 65% OR of information workers think at least a day is added to their processes in order to collect physical signatures. Hire a part-time assistant. 22% OR of organizations end up adding a week or more to their workflow processes each year. Sit Row 1 at the Super Bowl. The Runaway Manager Managers hold the key to authorizing documents: their signature. Information workers reported significant delays in process of doing business because their managers are frequent or are based off-site. The Typically, to sign a document it must go through a series of tedious steps: it first must Signature Cycle be PRINTED, then SIGNED, then SCANNED back in, then ATTACHED to an e-mail, SENT, RECIEVED then PRINTED again. SIGN NOT ONLY DO 32% OF PRINTED DOCUMENTS REQUIRE THREE OR MORE COPIES, BUT 1 60% ARE SCANNED BACK INTO THE COMPUTER -G SEND A Bit of Arithmetic $6.50 x 500 It costs $6.50 per paper signature. The average information worker signs up to 500 signatures a year. Some quick math brings us to $3,250 per information $3,250 worker a year just to sign documents. And that's just for one copy of the signature! ROI is in the Bag Companies who saw ROI in 12 months or less After adopting an 81% e-signature strategy, most %24 65% companies see results, fast. And the number of companies seeing results fast is growing. 25% 2$ Saw a ROI in just 3 months or less. 2010 2012 Your signature powers your business. Don't let it be an obstacle to getting good work done. Sources: 1. "The Electronic Signature Market Is Poised to Take Off," Gartner, May 21, 2012 2. "Electronic Signature-Part 1: Challenges and Business Justification," Bank Systems & Technology, May 22, 2013 3. "Digital Signatures-making the business case," AIIM, January 17, 2013 4. "Consumer Devices Create Security Headaches for IT," Network World, September 13, 2011 5. "Bridging the Information Worker Productivity Gap," IDC, September 12, 2012 nitro www.nitropdf.com PRINT RECEIVE SCAN ATTACH

E-Signatures: How to Save Your Company Time & Money

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Today’s fast-paced work environment has given way to many efficient technological advancements, but at a cost: society has become increasingly impatient, expecting immediate results. The traditiona...

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