Businesses are becoming more and more active and dynamic today. Gone are the days of long development and sales cycles, complex business processes, and communication gaps. At least, even if they haven’t completely gone away, no one today is content with them. Today, everyone wants things to happen quickly and no one has any intention of waiting.
With such demands from their stakeholders and customers, businesses today are increasingly turning towards IT tools and resources that enable them to be more dynamic. There is more and more awareness about, and widespread adoption of, business management software applications nowadays. Be it human resource management, project management, or purchasing, businesses are slowly turning to software applications to reduce waste and gain more value from their business processes.
One such software application that allows for the faster facilitation of transactions is online signature software. A web-based application, it has its uses both as a stand-alone application and as an integrated application.
While many business transactions can be completed online, signatures still have to be made in pen and paper. Apart from delaying the transaction cycles, this also increases costs, both directly and indirectly when you factor in not just the cost of mailing the documents but other associated costs like printing and storing them.
As a stand-alone application, it allows you to complete your transactions online. Your customers don’t have to print, sign, and mail the document. You finish the sale and you get paid. Period.
Integrating online signature software into your business processes allows you to reduce wastes in them in the form of bottlenecks and time delays. For example, if integrated with an online purchasing software solution, supervisors and line managers can approve requisitions immediately and purchase orders can be sent to suppliers immediately. The same way, the accountant can finish payments immediately.
It also adds value as a customer satisfaction tool as you can offer a hassle-free and convenient transaction, something which can be a competitive advantage too.
Need more information about SutiSign Electronic Signature Software? Talk to our experts today.