Electronic Signatures Sales Team

You have probably already felt the pressure to move towards paperless solutions for own business. Among the top must-have IT solutions for sales team is electronic signature solutions in order to increase their potential and improve overall customer productivity.
Here are some reasons why your sales team needs Electronic Signatures:

1. Increase efficiency by faster turnaround
When your sales team adopt electronic signatures, there is  a much faster turnaround and an improved company work flow process. All the paperwork becomes digital, so the sales team can easily share the correct information in the same system without the risk of information loss in transit. You do not need to be dependent on physical paperwork,  getting them to print, sign, and scan it, sending it to the next party, and the repeating the process again, instead you can handover the paperwork in just one click.
1. Shortens the Sales Cycle and Saves Time
With electronic signatures, the sales force saves time from filing documents, data entry, searching for documents or tracking down a contract that has been lost in the mail trail. Also, you save time as you do not have to wait days and weeks for your client to allocate time for printing and signing the documents or for meeting with you. The closing occurs in real time.
2. E-Signature ensures legal and secure documentation
As you must know, electronic signatures are far more safer and more secure than traditional paper documents. Not only the signatures are encrypted but also traceable for auditing. You can also create new text fields as well as annotate signers for signatures. As the document create an audit trail any editing in the document is also recorded.
3. Boosts customer experience
Not only the sales team but the customer also dislikes all the paperwork. It is time consuming plus if anything is missed out then again either of the party has to visit for fulfilling the requirements. With electronic signatures, your customers can sign documents anytime, anywhere on any device. It facilitates hassle free solution, when the customer is already convinced that the product or service offered by your company is the best one to solve their problem.
4. Convenient for All Parties
Everyone’s business is geographically dispersed in the world. Even small, local businesses deal with different suppliers, customers, and partners in various cities, states, and countries. With electronic signature solutions, one can sign, send and track documents from anywhere on any Internet enabled device.
Are you still using the old style pen and paper to have your contracts signed? Even if you have a small sales team, you can transform your sales process and integrate electronic signatures today to boost your revenue. Get it now from Sigplex!
Sigplex is the sole distributor of Signotec Signature Hardware and Software solutions that will definitely help you to earn more lead and profit by your sales team.
Source: https://www.sigplex.co.uk/blog/electronic-signatures-requirement-sales-team/

Implementation Of Digital Signature In Banking

Some banking procedures such as account openings, loans, mortgages, and investments requires loads of papers to be Signed by the customer, from the initial form filling to the final documentation of the transaction; This leads to huge costs (paper, toner, delivery) and longer delays.

Banks and credit unions can significantly reduce the risk of fraud by implementing a verification system of electronic signatures using the biometric data captured with an Sigplex signature pad. Signature authentication can be performed quickly and securely thanks to the encrypted data transfer between the Sigplex signature pad and the PC, tablet or smartphone.

• Public Key Infrastructure (PKI) technology is an encryption verification technology, which offers the highest  standard of verification for identifying an individual signature.
• This results in the reduction of compliance risk in several areas, including fewer errors on signed documents, templates to standardise and lock down documents, tracking functionality that provides an audit trail, and integrations with document repositories that ensure documents are properly stored.
• A paper document can be modified after being signed by an unauthorized person, but to forge e-signatures is virtually impossible, the integrity of the data is assured.
• In fact, electronic signatures guarantee:
• Authenticity of both sender and recipient
• Integrity: the system detects any alteration in transmitted data
• Non-repudiation: neither party can contest the signed document.

Electronic signature policy and technology create incredible potential in the financial and banking sector, however, it would be naive to claim that transitioning to the technology isn’t an important commitment. Check out our range of e-signature devices to be used in banking and financial services to reduce your organisation’s time and various resources.

Source:https://www.sigplex.co.uk/blog/banking-implement-security-digital-signature-devices/