E-Sign for Finance

It is important to keep your business responsive in finance. E-Sign allows for completion of all manner of transactions and agreements quickly.

Simple & Quick

Make it quick and easy for your customers to do business, whether it is opening new accounts, finalising loans or completing transactions, enable them to sign from any device, wherever and whenever they want.

Secure & Compliant

E-Sign provides enhanced document security and integrity. Our electronic signature technology is ISO27001 compliant and gives you a full audit trail for your own compliance requirements.

Error Reduction

Reduce your document-error rate by up to 90% as E-Sign’s intuitive system validates your signatures to ensure they are compliant.

90% of customers chose electronic signatures over paper when given the option, while opening a new deposit account or managing an existing account

One lender in the U.S. introduced electronic signatures at the peak of the loan season and instantly secured a 99.9% adoption rate in 2014

Electronic signatures reduced the application process from over a week to 24-48 hours where it also simplified the work-flow by 3/4

75% reduction in document errors

0% NIGO rate (not-in-good-order) over a six-month period of an e-signature trial

Banks found they could reduce the mortgage process from 45-55 days, down to just 20 where they removed the 7-10 day application process with the use of electronic signatures

Decreased courier costs by 80%

Creating a paperless work environment reduces document handling costs by 80%

Use Cases

  • Signing off audits
  • Loan applications
  • NDA agreements
  • Expenses
  • Investment funds
  • Credit card applications
  • Terms and conditions
  • Disclosures

Case Study - Royal Bank of Canada

This study showed that 8,000 wealth management and investment advisors implemented electronic signatures to finalise mutual fund, GIC and other investment transactions which resulted in a saving of $8 million. This saving translated to shaving 82,000 staff hours which is the equivalent of 41 full-time employees, where they also reduced document errors by 75%.

Some banks have reduced their costs by 85% through mailing and transportation costs while the elimination of manual processes can result in 70-80% improved efficiencies and finally, more than 50% of the non-electronic signature applications require rework due to missing information or an incomplete form. On a final note, some banks which have chosen to introduce electronic signatures on applications forms have experienced a reduced turnaround time from weeks to hours, shipping costs have been reduced by 80% and importantly, error rates have been reduced to less than 5%.

E-Sign delivers integrity and security to your documents world-wide. Start signing documents electronically today…

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