Integrating digital signatures in your business workflow helps to secure, automate and expedite business processes, reducing operational costs and increasing the efficiency of internal operations.
Onto the dark ages. The other scenario is paper-based documents and signatures, which can cost an organization over $600,000 annually in printing, scanning, archiving, routing and lost document replacement costs.
By enabling a fully automated workflow, digital signatures can reduce expenses and time allocation that paper-based signatures require.
A few more interesting stats:
*The average signing employee costs your organization more than $3,000 a year in paper related expenditures. Investing in automating business processes will in turn affect your organization’s ROI.
*Research shows that 80% of all business processes rely on forms – and most of these need to be signed, initiation an expensive “cost cascade.”
*Digital signatures can cut over $600,000 from your business’s annual operation costs.
There’s a new eBook out from Arx titled: “Think twice before you sign anything again: 12 Business Cases for Digital Signatures.” Take a look. It covers a number of great reasons why companies should convert to digital signatures and is a great guide. Check it out.
Renee Blodgett is the founder of We Blog the World. The site combines the magic of an online culture and travel magazine with a global blog network and has contributors from every continent in the world. Having lived in 10 countries and explored nearly 80, she is an avid traveler, and a lover, observer and participant in cultural diversity.
She is also the CEO and founder of Magic Sauce Media, a new media services consultancy focused on viral marketing, social media, branding, events and PR. For over 20 years, she has helped companies from 12 countries get traction in the market. Known for her global and organic approach to product and corporate launches, Renee practices what she pitches and as an active user of social media, she helps clients navigate digital waters from around the world. Renee has been blogging for over 16 years and regularly writes on her personal blog Down the Avenue, Huffington Post, BlogHer, We Blog the World and other sites. She was ranked #12 Social Media Influencer by Forbes Magazine and is listed as a new media influencer and game changer on various sites and books on the new media revolution. In 2013, she was listed as the 6th most influential woman in social media by Forbes Magazine on a Top 20 List.
Her passion for art, storytelling and photography led to the launch of Magic Sauce Photography, which is a visual extension of her writing, the result of which has led to producing six photo books: Galapagos Islands, London, South Africa, Rome, Urbanization and Ecuador.
Renee is also the co-founder of Traveling Geeks, an initiative that brings entrepreneurs, thought leaders, bloggers, creators, curators and influencers to other countries to share and learn from peers, governments, corporations, and the general public in order to educate, share, evaluate, and promote innovative technologies.
