Prior to the emergence of electronic signature solution providers like DocuSign, a document requiring multiple signatures needed several trips in transit. Even with costly expedited shipping, this could take days, and organizations had no intelligent way of tracking where the document was in the signature process. With eSignature, what used to take days takes how can be achieved in a couple clicks, and signing documents takes place in a visible workflow that can be viewed by stakeholders in real-time. HOW Electronic Signatures Transform Processes HOW TO STREAMLINE & ACCELERATE YOUR BUSINESS PROCESSES w i t h E l e c t r o n i c S i g n at u r e s Electronic signatures speed up the document signing process, but an electronic signature workflow cuts costs too. There are many direct expenses associated with paper signatures, including the costs of: • Paper • Ink • Waste • Toner • Printing machine leases, rental payments and maintenance • Shipping and handling • Transit delays • Courier charges These costs are removed from the signature obtainment equation when an electronic signature workflow is put in place. Indirect expenses, like the time wasted on making each component of the paper process run smoothly, are also eliminated, savings hundreds of labor hours per year and allowing organizations to deploy resources to other operational areas. WHAT Costs You Eliminate with Electronic Signatures An electronic signature workflow can transform any business process regardless of industry size or scale. Under the Electronic Signatures in Global and National Commerce Act (E-Sign Act), eSignatures hold the same weight, obligation, and enforcement as paper process signatures. Electronic signature solutions allow organizations to sign and send documents in just a few clicks, radically transforming the process by which the content of contracts, procurement, and approvals can be executed. However, without the right eSignature solution provider in place, eSignatures can be susceptible to authenticity, compliance, and workflow issues that can reduce the value of having them in the first place. Electronic signatures (also called eSignatures) can save organizations time and money. And, by eliminating burdensome paper processes, organizations also see increased boosts in productivity, as everything from onboarding to vendor signatures happen in hours instead of days. In this article, we reveal every- thing you need to know about electronic signatures and why now is the time to adopt an eSignature solution. WHYElectronic Signatures Matter 2 1