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  • ComSignTrust e-Signature Software for Finance

The Finance Industry and the e-Signature software

In the financial industry there is no place for error, accuracy and security are paramount, making it a challenging operational environment. The industry is also under pressure to increase their service offerings while reducing costs. While financial institutions already have gone far to improve business processes through automation and digital platforms, ComSignTrust’s automated e-Signature software  solution is the next step.

Using ComSignTrust’s esignature software solutions enables financial institutions to automate the production, send and store signed documents in a secure manner, and mitigate the risk of human error. The ROI is realized immediately upon implementation, – a very important factor for your company and its shareholders.

ComSignTrust™ automated e-Signature software can slash the costs associated with your documentation processes, while creating full impact efficiency, and substantially reducing your environmental footprint.

ComSignTrust™ e-Signature software addresses all your e-transactions and archiving needs including:

  • Internal documents
  • Correspondence
  • Agreements
  • HR Documentation
  • Registered Mail
  • Digital Archiving
  • Contracts, Tenders, Purchase Orders

Business Case

Research shows us that on average a manually, paper-based document costs approximately $5.00 per document to produce. That figure includes the complete lifecycle of a document:

 Production – the cost of paper, toner and ink
Handling – stamping, sending, copying, filing, transporting
Storage – scanning and archiving
 Disposal – shredding and burning

But that is only part of the picture. Sometimes indirect costs can be even greater:

 Time consuming and drain of resources
 Potential for human error
 Risk of fraudulent activity
 No way to track conformation to regulatory compliance

In real terms, that means an organization with 200 employees, who will sign on average 500 documents annually will produce 100,000 documents. At an average cost of $5.00 per document, that’s $500,000 annually. The math is clear; automated digital signing can save you hundreds of thousands of dollars annually.

ComSignTrust e-Signature Software Solution

ComSignTrust™ e-Signature software enables the rapid production of documents of all types; provides an automated mechanism to electronically send them, facilitates more cost-effective digital storage, and ensures that documents are secure, tamper-free, and authentic. It also provides checks and balances system through time stamping and logging features. Equally important, deploying ComSignTrust™, all of the solution’s benefits, including ROI, start on day one of usage.

 Eliminates the costs associated with production, handling, storage and disposal
 Provides immediate savings that can total 100’s of thousands of $’s annually
 Automates manual tasks to save time, cost and resources
 Mitigates the risk and costs associated with human error
Frees up personnel enabling increased productivity
 Secure, cost-effective managed digital storage

With ComsignTrust™ Cloud-based e-Signature software the sky is the limit when it comes to online signatures . To find out more about ComSignTrust Cloud SaaS based services click here.

Last updated: 09/08 | Year: 2014 | © Copyright – ComSignTrust™

Download ComSignTrust Finance Case Study

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