Investing in technology in such a time as this comes with great rewards. The world is on the verge of experiencing another wave of the Coronavirus. Not only these, but countries are also placing travel bans and movement restrictions. It is no longer business as usual.
It is difficult to travel in-between states in the same country and traveling in between countries is almost impossible. In all this chaos, business operations must continue. Unfortunately, many organizations have had to shut down because they could not cope with the demand of the ‘new normal. Today, enterprises have been forced to work remotely.
With this new dynamism comes specific challenges and with the challenges come opportunities. Businesses that have adopted technology are reaping the benefits today. One of the major benefits is the cost-saving implication of working remotely.
How Do Touch-less Documents Help to Save Costs during COVID 19?
Every business is experiencing the economic impact of Covid-19. However, those that have invested in technology have been able to cut costs and improve service delivery to their customers. This in turn has a significant impact on the revenue generation of such a company. So, how do touch-less documents help in saving cost?
One of the technologies that have become highly beneficial to enterprises during this pandemic is the Signature Generator technology. This technology allows anyone to sign on a document from any part of the world and share it with others to append their signatures also. The signed document is as valid and legally binding as any documents signed the traditional way. You can esign live at Signature Generator right away.
With everyone being asked to stay at home and work remotely, signing documents manually has become impossible. Everyone understands how important documents signing are for businesses, especially those that deal with contracts regularly. This means that without an e-sign tool like the Signature Generator, signing documents would become a herculean task.
You may have to get a dispatch to deliver documents to relevant personnel’s home to get their signatures. The process can be prolonged if everyone is in different states or locations. The time and costs that will be invested in signing a physical document are eliminated from digital documents.
Here is how to sign a document with the Signature Generator tool:
- Visit Signature Generator site and upload your document. You can also select a document template from the site to use.
- Locate the e-sign tool and click on it. It will open a box where can either draw, type, or upload your signature.
- Drag the created signature to the space for signature on your document.
- Save and download the signed document.
With this, no one has to worry about physical contact with anyone. From the comfort of everyone’s home, they can sign digitally and within minutes, you can complete the contract transaction.
Cost-saving Benefits of Touch-less Documents during COVID-19
Electronic signature has been found to significantly impact the bottom line of a business. To better understand this, this section looks at the cost-saving benefits of using this technology during this pandemic.
Improves Productivity and Minimize Cost
The electronic signature technology helps to maximize documentation processes, which leads to more productivity on the part of the employee. COVID-19 has further driven home the point that it is time to embrace the latest technology in contact-less documentation. With COVID, it is inefficient and ineffective to rely on physical documentation workflow.
Now more than ever, there is a need to optimize business operations and promote contact-free documentation. This is only made possible with an electronic signature. With e-signature, you can forget all about tedious, time-consuming, and error-prone operations as well as the cost involved in the use of a printer, scanner, and fax machine.
Reports have shown that electronic signatures, such as Signature Generator can improve productivity significantly. It also reduces the workload of staff, which enhances their morale and engagement level, which in turn generates more creative solutions.
purchase flexeril online
Elimination of Paper-based Operations and Everything that Comes with It
Eliminating paper from a business’ operation can save an enterprise at least twenty dollars per document. Organizations raise invoices, financial reports, develop human resources forms, and manage legal documents. All these are often printed on paper and filed in drawers or cabinets. The cost of creating and maintaining these documents can take its toll on the profit of an organization.
However, with e-signature, businesses do not have to invest in toner, paper, printer, shipping costs, and storage facilities, among other costs.
purchase cipro online
Beyond the measurable cost associated with these tangible expenses, there is also the time wasted on creating, printing, and filing documents.
Digital signatures can remove these extra costs as all you have to do is create your document online and share it with appropriate personnel to append signatures digitally. You can follow up with emails to get the document signed and return to you. Most times, you can complete a contract, from the development to the signing stage within minutes. With a paper document, this is very unlikely.
Protect Business Stakeholders from Infections
As an ethically responsible organization, the safety and health of stakeholders should be important. Ensuring touch-less document signing during this pandemic significantly reduces the exposure of your employees, partners, customers, and their family members to COVID-19.
By the way, if any of your employees or partners fall sick, you have more to lose, not only on productivity of the staff or the delay in the project but more on medical claims and possible insurance. Therefore, you must keep all business stakeholders protected from possible contacts that may expose them to the Coronavirus infection.
The electronic signature will always be the best option.
purchase strattera online
With it, you can keep your business operations running smoothly without any member of staff or partner having physical contact with one another.
Conclusion
All it takes to sign, send, get other signatures, and return a contract document is just a few clicks. With staff members working remotely, there is no better way to keep the operations of your business running seamlessly than investing in an electronic signature tool. Your team can send out sales documents and close deals much faster when they have access to electronic signatures than when they have to do everything manually.
A smart organization understands the cost implication of unproductive time invested in paper-based operations. It is time to move on to the better side of running a business operation by adopting electronic signature.