Implementation Of Electronic Signature In Insurance Companies

Insurance companies are one of the most competitive industries out there. Moreover, they’re always looking to add new customers. Furthermore, almost everyone has insurance. But, in today’s age, it’s a bit difficult to sell your product in person or on call. However, selling something online is equally easy. In case of getting insurance this hasn’t happened yet. It sounds absurd to sign documents online. But there’s a cache.

Electronic Signature In Word

The simple way to sign documents online is by putting an electronic signature in word. It’s simple and easy. Furthermore, all you need is a digital signature. From the perspective of Insurance companies, this can be a huge shift. To be honest, no one wants to die a dinosaur. Digital signature in word or in any other form is a reality. It doesn’t sound that absurd now, right? The thing is simple if you have an Insurance company you need to get an electronic signature. If you don’t someone else will. Sooner or later Insurance will be sold online. Moreover, some startups are already doing that. This is the right time to get an electronic signature before it’s too little too late.

New Generation Sign Documents Online

The most common thing you can make out about the millennials is that they want to order everything from their couch. In the case of Insurance companies the first ones to get online will gain a lot. Just think about the number of people who are too lazy to go out and get insurance. Every one of them can be your customer. Moreover, the first step to that will be to get an electronic signature in word.

Advantages Of Electronic Signature For Insurance Company

• Firstly, it makes the process to sign documents online very fast
• Next, the possibility of having any errors is minimized
• Also, it increases the ability of employees to work more
• Gives you an edge over your competitors
• Lastly, it reduces paperwork.

A Digital signature in word can change the fortunes of your Insurance company. Furthermore, it will also prepare you for the coming generations and get you a step ahead of the rest of the companies. Moreover, it’s the right revolution to be a part of. You’ll be the best in the business when your customers sign documents online. All in all, it’s a win-win for any insurance company on the planet to get an electronic signature.

Source: sign documents online

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Benefits Of Electronic Signatures For Retail Industry

Retail industry deals with a lot of paper work daily. Which happens for a large number of cashier operations: for confirming orders, for purchasing department for all goods delivered by the supplier and more. At some retailers, the order procedures require minimum of three copies of a contract. Imagine the load of paper that goes into daily documentation of transactions happening at a retail office. It all happens just for the sake of a signature. eSignature in the retail industry can be applied for the following operations in the retail industry:

• Recruitment contracts
• Application forms
• Supplier forms
• Concession documents

Retail Stores have to organize these documents efficiently at a centralized location after printing, signing, scanning and storing them. This process of paper based documentation has an immense cost and causes delay in the process.

Paper based centralization workflow:

The Sigplex Signature pads are best for electronic signature capturing in the retail industry. This device guarantees low cost of ownership while providing complete control over the documentation process.

Benefits of eSignature Pads for the Retail Industry

Find the complete details of using Electronic Signature Devices in Retail Industry

• Cost Saving
• Time Saving
• Customer and Employee Satisfaction
• Brand Image
• Go Green
• Improved Security

Cost Saving

Signature pads digitize the complete documentation, resulting in saving on consumables and transportation. And this was not it, the manual process

Time Saving

Sigplex eSignature devices for retail industry saves time for suppliers, clients and the employees. Speeds up authorization with real time availability of documents and related resources. Staff can focus more on listening to the clients and suppliers needs.

Customer and Employee Satisfaction

Real-time impact of check-ins and simplicity to use results in satisfaction for all. Customers do not have to wait longer and the employees are able to revert instantly resulting in a prompt service and happy customers.

Brand Image

Advanced eSignature Devices for the retail industry adds value to the brand and its reputation. With the use of advanced technologies and modern devices, Sigplex is influencing the client’s work with environmentally friendly and trendy solutions.

Go Green

In current times, global warming is a major issue everyone is concerned about. With the use of Signplex eSignature devices, one can save a lot on paper, consumable and logistics.

Improved Security

Your confidential and sensitive documents will always be safe with our integrated verification system of electronic signatures using biometric security features. Signature authentication is quick to perform and is completely secured. This is backed by the encryption of data while transferring between Sigplex device and computer device.
The world has moved on to eSignatures in retail industry. Organizations whether small or big, are simply opting for better alternatives to eSignature. It helps them stick to the trends and stay updated with the retail industry. Saving themselves a load of maintaining those physical documents and storing them safely. Which is now becoming easier for the industries to opt better alternatives which are quick, efficient and convenient for all.
Wish to stay ahead of the trend? Connect with us at contact@sigplex.com to help us make your business paperless and digital at the same time.


Source:https://www.sigplex.co.uk/blog/use-of-electronic-signature-in-retail-industry/

Now you can also watch the video here:





Now you can also listen the audio here:

https://sigplex.podbean.com/mf/play/6icq64/50157855.mp3


Now you can also see the infographics here: