Electronic signatures can transform businesses, streamlining processes, cutting costs, and improving customer service. Recently a leading financial services company deployed e-signatures as part of an enterprise paperless initiative. This innovative project helped the company to reduce its paper expenses and slash cycle times to below the industry average. This deployment helped the business deliver meaningful financial results without significant capital investment and also increased the competitiveness of the company.
By minimizing your organization's dependence on ink and paper, you can reduce the environmental impact of doing business. In today's world, people look upon environmentally conscious companies with respect, and implementing methods to protect the environment enhances the reputation of a company. Over the years, there has been a marked increase in the number of people who prefer buying products or services from companies that use environmentally safe business practices. According to a recent study, over 80% of American consumers are concerned about environmental issues and consider global warming as a serious threat to our planet, and the number of concerned consumers is on the rise. A study by Yale University has shown that people want corporations to solve environmental problems and step up efforts to address climate change and other environment-related concerns.
Paper and paper boards are the largest contributors of landfill, and only about half of paper waste is recycled. The Environmental Protection Agency's WasteWise Program has identified organizations that strive to reduce the use of virgin paper and overall consumption of paper in their business processes. Bank of America has curtailed its paper consumption by more than 25% over the last three years by introducing online forms and continues to expand its environmental leadership role. Verizon and Bell Atlantic are some of the other large corporations that have implemented online business processes, thereby contributing towards environmental safety.
If your organization is considering reduce expenses by going paperless, you can take advantage of revolutionary electronic signature technology to increase efficiency, close deals quickly, and also create a positive impact on the environment.
Yes its true that electronic signatures helps in making the environment safe. The reason is that with the implementation of this technique consumption of paper is reduced to minimum level which automatically saves trees.
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